Velocity Financial Inc. (VEL) Tops Q3 EPS by 8c
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Velocity Financial, Inc. Reports Third Quarter 2025 Results
November 6, 2025 4:10 PM ESTThird Quarter Highlights
Financial Results
Net income of $25.4 million, an increase of 60.6% from $15.8 million for 3Q24. Diluted EPS of $0.65, an increase of $0.21 from $0.44 per share for 3Q24 Driven by record production volume and strong portfolio earnings Core net income of $26.9 million, an increase of 58.9% from $16.9 million for 3Q24. Core diluted EPS of $0.69, an increase from $0.47 per share for 3Q241 Diluted book value per common share of $16.31, an increase of 20.0% from $13.59 as of September 30, 2024 Portfolio net interest margin (NIM) of 3.65%, an increase of 5... More