---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-104483"
form_type: "8-K"
ticker: "VEL"
cik: "0001692376"
company_name: "Velocity Financial, Inc."
filed_at: "2026-03-13T23:59:59+00:00"
generated_at: "2026-05-15T12:37:27.554414+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Velocity Financial Q4 net income up 69% YoY to $34.8M; diluted EPS $0.89

## Summary
- Net income $34.8M, up 69% from $20.6M in 4Q24; diluted EPS $0.89 vs $0.57.
- Core net income $36.3M, up 67% from $21.8M; core diluted EPS $0.93 vs $0.60.
- Diluted book value per share $17.19, up 20.5% from $14.26 at Dec 2024.
- Loan production $634.6M, up 12.6% YoY; NPL ratio improved to 8.5% from 10.7%.
- Completed two securitizations totaling $646.3M; liquidity $116.8M.

## SEC filing metadata
- accession: 0001193125-26-104483
- form_type: 8-K
- ticker: VEL
- cik: 0001692376
- company_name: Velocity Financial, Inc.
- filed_at: 2026-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692376/000119312526104483/0001193125-26-104483-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692376/000119312526104483/d104077d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-104483
- JSON: https://secwatch.observer/filing/0001193125-26-104483.json
- Plain text: https://secwatch.observer/filing/0001193125-26-104483.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.