Velocity Financial, Inc. Quarterly Deferred Income Tax Expense (Benefit) in USD from Q1 2019 to Q1 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. quarterly/annual Deferred Income Tax Expense (Benefit) history and growth rate from Q1 2019 to Q1 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 2023 was $2.69M, a 76.7% decline from 2022.
  • Velocity Financial, Inc. annual Deferred Income Tax Expense (Benefit) for 2022 was $11.6M.
  • Velocity Financial, Inc. annual Deferred Income Tax Expense (Benefit) for 2021 was -$9.95M, a 697% decline from 2020.
Deferred Income Tax Expense (Benefit), Quarterly (USD)
Deferred Income Tax Expense (Benefit), YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $480K -$2.01M -80.7% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-03
Q1 2023 $2.49M +$2.36M +1861% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-03
Q1 2022 $127K +$2.72M Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-05
Q1 2021 -$2.59M -$802K -44.8% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-06
Q1 2020 -$1.79M -$529K -42% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-07
Q1 2019 -$1.26M Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-14
* An asterisk sign (*) next to the value indicates that the value is likely invalid.