---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-334991"
form_type: "8-K"
ticker: "VEL"
cik: "0001692376"
company_name: "Velocity Financial, Inc."
filed_at: "2026-08-05T20:00:17+00:00"
generated_at: "2026-08-05T20:01:17.179119+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Velocity Financial Q2 2026 net income $25.2M ($0.64 EPS); core EPS $0.71; loan production $672.6M

## Summary
- Pretax income $35.2M (+3.9% YoY); net income $25.2M (-3.2% YoY) due to higher tax rate.
- Core net income $27.9M (+1.4% YoY); core diluted EPS $0.71 vs $0.73 in 2Q25.
- Diluted book value per share $18.43, up $2.81 from $15.62 a year ago.
- Loan production $672.6M (down 7.3% YoY); unit production up 3.3% but average loan balance fell to $399K.
- NPL ratio 9.6% (down from 10.3%); liquidity $240M; completed two securitizations totaling $409.7M.

## SEC filing metadata
- accession: 0001193125-26-334991
- form_type: 8-K
- ticker: VEL
- cik: 0001692376
- company_name: Velocity Financial, Inc.
- filed_at: 2026-08-05T20:00:17+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692376/000119312526334991/0001193125-26-334991-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692376/000119312526334991/vel-20260805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-334991
- JSON: https://secwatch.observer/filing/0001193125-26-334991.json
- Plain text: https://secwatch.observer/filing/0001193125-26-334991.txt

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