Velocity Financial, Inc. filings document operating results, capital-structure actions and governance matters for a real estate finance company focused on investor and business-purpose loans. The company’s 8-K filings furnish quarterly and annual earnings releases, preliminary results and Regulation FD presentations covering loan portfolio growth, net income, core earnings, portfolio net interest margin and related risk disclosures tied to economic, real estate market and regulatory conditions.
Material-event filings also describe debt financing by wholly owned subsidiary Velocity Commercial Capital, LLC, including the completed issuance of 9.375% Senior Notes due 2031, the indenture, company guarantee and unregistered Rule 144A and Regulation S offering structure. Proxy filings cover annual meeting and shareholder voting matters for Velocity’s common stock.
Velocity Financial, Inc. furnished its first quarter 2026 investor presentation, showing higher profitability and loan growth. Net income was $22.4 million, up 18.4% from $18.9 million a year earlier, with diluted EPS rising to $0.57 from $0.51. Core net income reached $26.5 million, up 30.8%, and core diluted EPS grew to $0.68 from $0.55.
The total loan portfolio reached $6.8 billion in unpaid principal balance as of March 31, 2026, up 25.4% year over year, while 1Q26 loan production was $639.4 million, roughly flat with 1Q25. Portfolio net interest margin was 3.56%, up from 3.35%, supported by a higher portfolio coupon and lower funding costs. Nonperforming loans were 10.1% of held-for-investment loans, modestly better than 10.8% a year earlier.
The company completed two securitizations totaling $513.8 million and issued $500 million of publicly rated unsecured corporate debt, using part of the proceeds to repay $215 million of secured corporate debt and reduce warehouse borrowings. Liquidity stood at $329.0 million, with $835.6 million of available warehouse line capacity as of March 31, 2026.
Velocity Financial, Inc. reported higher first-quarter 2026 results, driven by loan growth and fair-value gains. Net income attributable to the company rose to $22.4 million from $18.9 million a year earlier, with diluted EPS at $0.57 versus $0.51. Interest income increased to $153.1 million, while net interest income improved to $43.9 million despite higher portfolio and corporate funding costs.
Total assets reached $7.59 billion, supported by a larger loan book of $7.11 billion. Credit quality remained relatively stable, with nonaccrual amortized-cost loans at about $241.2 million and an allowance for credit losses of $4.9 million. Stockholders’ equity attributable to Velocity grew to $693.3 million, or $696.4 million including noncontrolling interests.
During the quarter, the company issued $500.0 million of 9.375% unsecured senior notes due 2031, using proceeds to repay its prior $215.0 million term loan and reduce warehouse borrowings. This shifted funding toward unsecured debt while maintaining access to multiple warehouse and repurchase facilities.
Velocity Financial, Inc. reported stronger results for the quarter ended March 31, 2026. Net income rose to $22.4 million from $18.9 million a year earlier, while core net income increased to $26.5 million from $20.3 million. Diluted EPS was $0.57 versus $0.51, and core diluted EPS was $0.68 versus $0.55.
Net revenue grew to $85.2 million, up from $69.1 million, driven by higher net interest income of $43.9 million and other operating income of $43.0 million. The loan portfolio expanded to $6.84 billion from $5.45 billion, with total loans outstanding up 25.4%. Portfolio net interest margin improved to 3.56% from 3.35%, while total company net interest margin declined to 2.65% from 2.88%. Nonperforming loans as a percentage of total unpaid principal balance improved to 10.1% from 10.8%. Diluted book value per share increased to $17.75 from $17.19 at year-end 2025.
Velocity Financial, Inc. Chief Financial Officer Mark R. Szczepaniak reported an insider transaction involving the company’s common stock. A family trust associated with him completed an open-market sale of 1,573 shares of common stock on May 1, 2026 at a weighted average price of $19.30 per share, with all trades executed within that price. Following this sale, the filing shows he holds 101,535 shares directly and 69,973 shares indirectly through the family trust, indicating he maintains a substantial ownership stake after the transaction.
VEL filing: SZCZEPANIAK FAMILY TRUST reported routine 10b5-1 sales. The trust sold 1,573 shares on 02/02/2026 for $32,291.65, 1,573 shares on 03/02/2026 for $28,817.36, and 1,573 shares on 04/01/2026 for $28,518.49. The filing also lists 3,146 restricted stock awards dated 01/23/2025. Shares outstanding are shown as 39,235,281 as of 05/01/2026.
Velocity Financial, Inc. Executive VP of Capital Markets Jeffrey T. Taylor reported an open-market sale of 2,130 shares of common stock at a weighted average price of about $20.00 per share. Following this transaction, he directly holds 178,985 shares of Velocity Financial common stock.
VEL notice of proposed sales of Common Stock under Rule 144 and related plans. The excerpt lists two recent 10b5-1 sales: 02/02/2026 — 1,772 shares for $36,024.76, and 01/26/2026 — 1,770 shares for $35,400.00. It also lists issuer awards: 916 Restricted Stock Awards dated 01/13/2025 and 6,172 Performance Stock Units dated 01/21/2025.
Velocity Financial, Inc. is asking shareholders to vote at its 2026 virtual annual meeting on three items: electing eight directors, an advisory approval of 2025 executive compensation, and ratifying RSM US LLP as independent auditor for 2026.
The proxy highlights that 2025 was described as an exceptional year with record originations and earnings, driving maximum payouts under the annual cash incentive plan. CEO Christopher Farrar received a $630,000 salary, a $2.52 million cash incentive bonus, a $480,000 discretionary bonus, and $2.9 million in stock awards, totaling about $6.6 million. Other named executives received similar performance-linked mixes of salary, cash incentives, and equity, including restricted stock and performance-based stock units tied to multi-year Core Net Income annual growth.
The company emphasizes governance initiatives such as majority voting for directors in uncontested elections, stock ownership guidelines for leadership (with certain large-shareholder designees exempt due to internal policies), a clawback policy, anti-hedging and anti-pledging rules, board diversity expectations, and an ESG policy aligned with the UN Global Compact. Significant shareholders include Snow Phipps Group at 34.0% of common stock, PIMCO-affiliated holders at 32.2%, and Beach Point Capital Management at 17.7% as of February 27, 2026.
Velocity Financial, Inc. Chief Financial Officer Mark R. Szczepaniak reported an open-market sale of 1,573 shares of common stock at a weighted average price of $18.13 per share, executed through a family trust. After this transaction, he indirectly holds 71,546 shares and directly holds 101,535 shares of Velocity Financial common stock.