Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Velocity Financial, Inc. (VEL)

Velocity Financial Q2 net income falls 3.2% to $25.2 million; core rises 1.4%

Mixed Impact 3 of 5 earnings Written later

Velocity Financial, Inc. posted its second quarter 2026 earnings presentation on August 5, 2026, furnished under Form 8-K. GAAP net income was $25.2 million, down 3.2% from $26.0 million a year earlier, and diluted EPS fell to $0.64 from $0.69, while non-GAAP core net income rose 1.4% to $27.9 million. Diluted book value per share increased to $18.43 as of June 30, 2026, from $15.62 a year earlier.

Key points

  • GAAP net income of $25.2 million in 2Q26, down 3.2% from $26.0 million in 2Q25; diluted EPS of $0.64 vs. $0.69
  • Core net income of $27.9 million, up 1.4% from $27.5 million; core diluted EPS of $0.71 vs. $0.73 (non-GAAP)
  • Total loan portfolio of $7.0 billion in UPB as of June 30, 2026, up 19.2%; loan production of $672.6 million, down 7.3% from 2Q25
  • Portfolio net interest margin of 3.66%, down 16 bps from 3.82% in 2Q25

The filing

CompanyVelocity Financial, Inc. (VEL)
Form8-K, current report
Filed with the SECAug 5, 2026, 4:00 PM ET
Accession number0001193125-26-334993

Items reported: 7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.