Daniel Ballen - Velocity Financial Independent Director

VEL Stock  USD 20.54  0.08  0.39%   

Insider

Daniel Ballen is Independent Director of Velocity Financial Llc since 2016.
Age 37
Tenure 8 years
Address 30699 Russell Ranch Road, Westlake Village, CA, United States, 91362
Phone818 532 3700
Webhttps://www.velfinance.com

Velocity Financial Management Efficiency

The company has Return on Asset of 0.0139 % which means that on every $100 spent on assets, it made $0.0139 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1428 %, implying that it generated $0.1428 on every 100 dollars invested. Velocity Financial's management efficiency ratios could be used to measure how well Velocity Financial manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is expected to rise to 0.02 this year, although the value of Return On Tangible Assets will most likely fall to 0.01. At this time, Velocity Financial's Other Assets are quite stable compared to the past year. Debt To Assets is expected to rise to 0.98 this year, although the value of Net Tangible Assets will most likely fall to about 228.4 M.
Velocity Financial Llc has 3.84 B in debt with debt to equity (D/E) ratio of 8.64, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Velocity Financial Llc has a current ratio of 8.48, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Velocity to invest in growth at high rates of return.

Similar Executives

Showing other executives

INSIDER Age

Peng GeCNFinance Holdings
48
Alex ElezajUWM Holdings Corp
47
Laura LawsonUWM Holdings Corp
47
Thayne AtkinsonSecurity National Financial
N/A
Adam WolfeUWM Holdings Corp
N/A
Jesse BrayMr Cooper Group
57
Derek JDPennyMac Finl Svcs
56
Jing LiCNFinance Holdings
43
CFE CFFUWM Holdings Corp
N/A
Michael MeyerGuild Holdings Co
62
Peter ReckEncore Capital Group
57
Jaime GowMr Cooper Group
N/A
Timothy ForresterUWM Holdings Corp
56
Christian ArnellCNFinance Holdings
N/A
Gregory HendryPennyMac Finl Svcs
63
Lisa KlikaGuild Holdings Co
45
Zehui ZhangCNFinance Holdings
47
Jenny RhodesPennyMac Finl Svcs
N/A
Andrew HubackerUWM Holdings Corp
52
Edward BryantGuild Holdings Co
50
Jun QianCNFinance Holdings
49
Velocity Financial, Inc. operates as a real estate finance company in the United States. Velocity Financial, Inc. was founded in 2004 and is headquartered in Westlake Village, California. Velocity Financial operates under Mortgage Finance classification in the United States and is traded on New York Stock Exchange. It employs 215 people. Velocity Financial Llc (VEL) is traded on New York Stock Exchange in USA. It is located in 30699 Russell Ranch Road, Westlake Village, CA, United States, 91362 and employs 253 people. Velocity Financial is listed under Commercial & Residential Mortgage Finance category by Fama And French industry classification.

Management Performance

Velocity Financial Llc Leadership Team

Elected by the shareholders, the Velocity Financial's board of directors comprises two types of representatives: Velocity Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Velocity. The board's role is to monitor Velocity Financial's management team and ensure that shareholders' interests are well served. Velocity Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Velocity Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Szczepaniak, Chief Financial Officer
Roland JD, General Officer
Graham Comley, Chief LLC
Christopher Farrar, Chief Executive Officer, Director
Dorika Beckett, Independent Director
Roland Kelly, General Officer
Joy Schaefer, Independent Director
John Pless, Independent Director
Daniel Ballen, Independent Director
Christopher Oltmann, Corporate Treasurer, Chief Accounting Officer and Director of Investor Relations
Alan Mantel, Independent Chairman of the Board
Joseph Cowell, Chief Officer
Jeffrey Taylor, Executive Vice President Capital Markets
Katherine Verner, Independent Director
Fiona Tam, Chief Officer
John Pitstick, Independent Director

Velocity Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Velocity Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Velocity Financial Llc is a strong investment it is important to analyze Velocity Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Velocity Financial's future performance. For an informed investment choice regarding Velocity Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Velocity Financial Llc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Velocity Financial. If investors know Velocity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Velocity Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.265
Earnings Share
1.84
Revenue Per Share
4.973
Quarterly Revenue Growth
0.291
Return On Assets
0.0139
The market value of Velocity Financial Llc is measured differently than its book value, which is the value of Velocity that is recorded on the company's balance sheet. Investors also form their own opinion of Velocity Financial's value that differs from its market value or its book value, called intrinsic value, which is Velocity Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Velocity Financial's market value can be influenced by many factors that don't directly affect Velocity Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Velocity Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Velocity Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Velocity Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.