Short answer
Velocity Financial, Inc. (VEL) filed its Q3 2025 10-Q quarterly report on Nov 7, 2025 for the quarter ended Sep 30, 2025.
Q3 2025 key financials · XBRL
- Net income
- $25M
- +60.6% YoY · −2.4% QoQ
- EPS (diluted)
- $0.66
- +50.0% YoY · −4.3% QoQ
Source: XBRL data from the Velocity Financial, Inc. (VEL) Q3 2025 10-Q on SEC EDGAR. USD.
Velocity Financial, Inc. Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q3 2025 loan originations $715.1M, up $238.3M YoY from $476.8M
- Portfolio-related net interest margin 3.65% vs 3.60% YoY
- Net income $25.4M vs $15.8M YoY; pre-tax income $35.4M vs $21.2M
- Loan portfolio $6.3B vs $4.8B YoY; nonperforming loans 9.8% vs 10.6%
- $108.0M nonperforming assets resolved, generating $2.8M net gains; tariff, shutdown, and real-estate-market uncertainty headwinds
Risk Factors
- Risk Factors section intentionally omitted under smaller reporting company reduced disclosure requirements
- Rule 10b5-1 arrangements covering up to 21,250 shares by Capital Markets EVP
- Rule 10b5-1 arrangements covering up to 18,870 shares by CFO
- Insider trading plans expire June 30, 2026, subject to early termination
- No common-stock repurchase program; 9,600 shares surrendered for tax withholding at $18.74 per share
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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