Finance of America Companies posts $131 million year-to-date net income despite third quarter loss

Reuters11-05
Finance of America Companies posts $131 million year-to-date net income despite third quarter loss

Finance of America Companies Inc. reported third quarter 2025 financial results, highlighting funded volume of $603 million for the quarter and $1.8 billion year-to-date, representing a 28% increase compared to the same period in 2024. The company reported $131 million in net income from continuing operations for the first nine months of 2025, with basic earnings per share of $5.78. Year-to-date adjusted net income rose 120% to $66 million from $30 million in the prior year period. The company recorded a net loss of $29 million in the third quarter, primarily due to changes in model assumptions related to home price appreciation. Cash and cash equivalents increased to $109.8 million as of September 30, 2025, up from $46.5 million as of June 30, 2025.

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