Velocity Financial reports Q2 core EPS 73c, consensus 53c

Reports Q2 diluted book value per share $15.62 vs. $14.26 at year end. The company said, “We continue to build on our strong momentum in 2025, delivering two record highs for quarterly loan production and earnings. Velocity’s second quarter 2025 results were driven by higher portfolio net interest income and noninterest income from our growing production volume. Financing demand remained strong during the quarter, in both the traditional commercial and 1-4 family residential rental property markets, as investors continued to see considerable value in smaller commercial properties. We remain confident in Velocity’s long-term growth prospects and our ability to sustain profitable market share growth.”