Velocity Financial Inc. reports third quarter net income of $25.4 million
Velocity Financial Inc. reported net income of $25.4 million for the third quarter of 2025, up 60.6% from $15.8 million in the same period of 2024. Diluted earnings per share rose to $0.65 from $0.44. Core net income increased to $26.9 million from $16.9 million, with core diluted earnings per share rising to $0.69 from $0.47. Net revenue reached $85.8 million, a 53.6% increase from $55.9 million a year earlier. Portfolio net interest margin was 3.65%, up from 3.60%. The company completed two securitizations totaling $648.4 million during the quarter and reported liquidity of $143.5 million, including $99.0 million in unrestricted cash and $44.5 million in available borrowings. Total available warehouse line capacity was $600.3 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Velocity Financial Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251106437709) on November 06, 2025, and is solely responsible for the information contained therein.
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