Velocity Financial, Inc. Reports Fourth Quarter and Full-Year 2025 Results

About this update from Velocity Financial, Inc.

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Diluted EPS of $0.89, an increase of $0.32 from $0.57 per share for 4Q24","length":151,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Driven by record production volume, strong portfolio earnings and a tax effected gain of $13.4 million on sale of NPL loans","length":123,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":123,"olType":false}]},{"val":[{"type":"text","content":"Core net income of $36.3 million, an increase of 67.0% from $21.8 million for 4Q24. 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Non-GAAP core adjustments include stock-based compensation expenses and costs related to the Company’s employee stock purchase plan. See "Non-GAAP Financial Measures" and "Non-GAAP Financial Measure Reconciliations to GAAP Measures" at the end of this press release for more information regarding the use of non-GAAP measures.","length":418,"tagName":"p"},{"type":"text","content":" WESTLAKE VILLAGE, Calif., March 11, 2026 --( BUSINESS WIRE )--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $105.1 million and core net income of $111.0 million for 2025, compared to $68.4 million and $72.9 million, respectively, for 2024. 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