Velocity Financial, Inc. Annual Deferred Income Tax Expense (Benefit) in USD from 2019 to 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations.
Summary
Velocity Financial, Inc. annual/quarterly Deferred Income Tax Expense (Benefit) history and growth rate from 2019 to 2024.
  • Velocity Financial, Inc. Deferred Income Tax Expense (Benefit) for the quarter ending March 31, 2024 was $480K, a 80.7% decline year-over-year.
  • Velocity Financial, Inc. annual Deferred Income Tax Expense (Benefit) for 2024 was -$11.4M, a 524% decline from 2023.
  • Velocity Financial, Inc. annual Deferred Income Tax Expense (Benefit) for 2023 was $2.69M, a 76.7% decline from 2022.
  • Velocity Financial, Inc. annual Deferred Income Tax Expense (Benefit) for 2022 was $11.6M.
Deferred Income Tax Expense (Benefit), Annual (USD)
Deferred Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 -$11.4M -$14.1M -524% Jan 1, 2024 Dec 31, 2024 10-K 2025-03-12
2023 $2.69M -$8.88M -76.7% Jan 1, 2023 Dec 31, 2023 10-K 2025-03-12
2022 $11.6M +$21.5M Jan 1, 2022 Dec 31, 2022 10-K 2025-03-12
2021 -$9.95M -$11.6M -697% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-15
2020 $1.67M +$9.43M Jan 1, 2020 Dec 31, 2020 10-K 2023-03-13
2019 -$7.76M Jan 1, 2019 Dec 31, 2019 10-K 2022-03-15
* An asterisk sign (*) next to the value indicates that the value is likely invalid.