Velocity Financial Q3 revenue surges on record loan production

Reuters

Nov 07

Velocity Financial Q3 revenue surges on record loan production

Overview

Velocity Financial Q3 revenue rise driven by record loan production
Core EPS for Q3 beats analyst expectations, reflecting strong portfolio earnings
Company completed two securitizations in Q3, enhancing liquidity

Outlook

Velocity Financial expresses confidence in long-term growth prospects

Result Drivers

RECORD LOAN PRODUCTION - Velocity Financial attributes Q3 results to record loan production, increasing 55% from 3Q24
FINANCING DEMAND - Strong demand for traditional commercial and residential rental property loans contributed to increased production volumes

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Revenue	Beat	$85.77 mln	$43.59 mln (1 Analyst)
Q3 Core EPS	Beat	$0.69	$0.61 (2 Analysts)
Q3 EPS		$0.65
Q3 Core Net Income		$26.94 mln
Q3 Net Income		$25.37 mln
Q3 Pretax Income		$35.38 mln

Press Release: ID:nBwnKkgHa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4229","symbol_name":"商业和住宅抵押贷款融资","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251106:nL1N3WI1MX:1","article_id":"2581304857","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581304857","pubTimestamp":1762463956,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Velocity Financial Q3 revenue surges on record loan productionOverviewVelocity Financial Q3 revenue rise driven by record loan productionCore EPS for Q3 beats analyst expectations, reflecting strong p","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4229":"商业和住宅抵押贷款融资","VEL":"Velocity Financial, LLC","BK4195":"互助储蓄与抵押信贷金融服务"},"translate_title":"Velocity Financial第三季度收入因贷款产量创纪录而激增","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VEL":0.9},"content_text":"Velocity Financial Q3 revenue surges on record loan productionOverviewVelocity Financial Q3 revenue rise driven by record loan productionCore EPS for Q3 beats analyst expectations, reflecting strong portfolio earningsCompany completed two securitizations in Q3, enhancing liquidityOutlookVelocity Financial expresses confidence in long-term growth prospectsResult DriversRECORD LOAN PRODUCTION - Velocity Financial attributes Q3 results to record loan production, increasing 55% from 3Q24FINANCING DEMAND - Strong demand for traditional commercial and residential rental property loans contributed to increased production volumesKey DetailsMetricBeat/MissActualConsensus EstimateQ3 RevenueBeat$85.77 mln$43.59 mln (1 Analyst)Q3 Core EPSBeat$0.69$0.61 (2 Analysts)Q3 EPS$0.65Q3 Core Net Income$26.94 mlnQ3 Net Income$25.37 mlnQ3 Pretax Income$35.38 mlnPress Release: ID:nBwnKkgHaFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}