Velocity Financial Q2 Growth Accelerates | Business and Finance News

Velocity Financial’s Q2 2026 results show strong momentum, with core net income up 3.9% YoY and diluted book value per share hitting $18.43—proof of steady compounding growth. Credit quality improved sharply, with NPLs down to 9.6% and $90.5M in non-performing loans resolved at a net gain. Charge-offs were minimal, and while origination volume dipped slightly in dollars, more units were originated—meaning smaller average loan sizes, not weaker demand. Funding remains diversified and capitalization solid, with a robust pipeline and leadership confident that origination volumes will surge through the rest of 2026. July was their strongest month ever for loan submissions, and they expect to exceed last year’s totals—with no formal guidance, but clear signs of accelerating growth ahead. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1b313e8d8e337b3d