FILING ANALYSIS · THURSDAY, NOVEMBER 5
Velocity Financial, Inc. VEL — 8-K: Results of Operations and Financial Condition
positive
Velocity Financial reported a 4.1% increase in net income and an 11.5% increase in core net income, driven by strong portfolio NIM and production volume, with diluted EPS of $0.67 and core diluted EPS of $0.76, beating prior year's results.
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