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Velocity Financial ( (VEL) ) just unveiled an announcement.
On January 21, 2025, Velocity Financial’s Compensation Committee approved the FY 2025 Annual Cash Incentive Program and Performance Stock Units Program for its executive officers. The programs set Core Net Income Annual Growth as the performance metric, with specific bonus opportunities tied to the growth levels achieved. Executives are eligible for cash bonuses and stock units based on both company performance and individual achievements in areas such as asset quality and strategic initiatives. The programs aim to incentivize leadership and strategic alignment with the company’s financial goals through 2027.
More about Velocity Financial
YTD Price Performance: -1.57%
Average Trading Volume: 51,062
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $623.2M
Learn more about VEL stock on TipRanks’ Stock Analysis page.