Brief: Velocity Financial- Q3 Net Interest Margin Expected To Improve By 20 To 25 Basis Points From Q2 Of 2020
Nov 3 (Reuters) - Velocity Financial Inc VEL.N :
* VELOCITY FINANCIAL - Q3 NET INTEREST MARGIN EXPECTED TO
IMPROVE
BY 20 TO 25 BASIS POINTS FROM Q2 OF 2020
* VELOCITY FINANCIAL - PRETAX INCOME FOR Q3 EXPECTED TO
RANGE FROM
$4.8 MILLION TO $5.1 MILLION
Source text for Eikon: ID:nBw5QzWcYa
Further company coverage: VEL.N
((Reuters.Briefs@thomsonreuters.com;))
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