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Business Wire
3 months ago
Velocity Financial, Inc. Reports Third Quarter 2025 Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $25.4 million and core net income of $26.9 million for 3Q25, compared to $15.8 million and $16.9 million, respectively, for 3Q24. Earnings and core earnings per diluted share were $0.65 and $0.69 for 3Q25, compared to $0.44 and $0.47, respectively, for 3Q24. “We continue to build on our strong momentum in 2025, delivering two recor.