Velocity Financial VEL Provision for Credit Losses
Provision for Credit Losses at other companies
Other financials
Where this comes from
Reported directly by Velocity Financial in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.
The official record: Velocity Financial’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Velocity Financial's provision for credit losses?
- Velocity Financial (VEL) reported provision for credit losses of -$84K in Q1 2026.
- How has Velocity Financial's provision for credit losses changed year-over-year?
- Velocity Financial's provision for credit losses decreased by 113.4% year-over-year, from $627K to -$84K.
- What is the long-term trend for Velocity Financial's provision for credit losses?
- Over 2 years (2021 to 2025), Velocity Financial's provision for credit losses has grown at a 40.5% compound annual growth rate (CAGR), from -$80K to -$158K.
- What does provision for credit losses mean?
- Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.