FOA on NYSE
Finance of America Companies Inc.
American mortgage bankers and loan correspondents company, listed on NYSE (FOA).
Price unavailable
Last updated Oct 18, 2026.
Overview
Compare with ONITY GROUP INC., UWM Holdings or Rocket Companies, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs90¢$448.7M
- Income tax1¢$3.5M
- Profit9¢$45.2M
Out of $497.4M in revenue.2
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Interest income | $1.9B | $1.9B |
| Interest expense | -$1.7B | -$1.6B |
| NET PORTFOLIO INTEREST INCOME | $260.8M | $267.9M |
| Net origination gains | $226.1M | $179.8M |
| Gains on securitization of home equity conversion mortgage (HECM) tails, net | $45.4M | $45.5M |
| Fair value changes from model amortization | -$153.7M | -$201.1M |
| Fair value changes from market inputs or model assumptions | $147.0M | $55.9M |
| Net fair value changes on loans and related obligations | $264.7M | $80.2M |
| Fee income | $29.5M | $29.5M |
| Non-funding interest income (expense), net | -$57.6M | $16.7M |
| NET OTHER INCOME (EXPENSE) | $236.7M | $126.4M |
| TOTAL REVENUES | $497.4M | $394.4M |
| Salaries, benefits, and related expenses | $145.8M | $138.4M |
| Loan production and portfolio related expenses | $54.3M | $36.2M |
| Loan servicing expenses | $31.2M | $31.3M |
| Marketing and advertising expenses | $48.6M | $39.4M |
| Amortization and depreciation | $38.6M | $38.9M |
| General and administrative expenses | $51.1M | $59.5M |
| TOTAL EXPENSES | $369.5M | $343.7M |
| IMPAIRMENT OF OTHER ASSETS | $0 | -$891.0K |
| OTHER, NET | -$14.8M | -$6.9M |
| NET INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES | $113.1M | $42.8M |
| Provision for income taxes from continuing operations | $3.5M | $2.4M |
| NET INCOME FROM CONTINUING OPERATIONS | $109.6M | $40.4M |
| NET LOSS FROM DISCONTINUED OPERATIONS | -$6.5M | -$4.7M |
| NET INCOME | $103.0M | $35.7M |
| Net income from continuing operations attributable to noncontrolling interest | $61.4M | $22.9M |
| Net loss from discontinued operations attributable to noncontrolling interest | -$3.6M | -$2.7M |
| NET INCOME FROM CONTINUING OPERATIONS ATTRIBUTABLE TO CONTROLLING INTEREST | $48.2M | $17.5M |
| NET LOSS FROM DISCONTINUED OPERATIONS ATTRIBUTABLE TO CONTROLLING INTEREST | -$3.0M | -$2.0M |
| NET INCOME ATTRIBUTABLE TO CONTROLLING INTEREST | $45.2M | $15.5M |
| Preferred Stock dividends | $196.0K | $0 |
| NET INCOME FROM CONTINUING OPERATIONS ATTRIBUTABLE TO HOLDERS OF CLASS A COMMON STOCK | $48.0M | $17.5M |
| Basic weighted average shares outstanding (in shares) | 9.5M shares | 9.9M shares |
| Basic earnings per share from continuing operations (in USD per share) | $5 | $2 |
| Basic earnings per share (in USD per share) | $4.72 | $1.57 |
| Diluted weighted average shares outstanding (in shares) | 26.9M shares | 23.4M shares |
| Diluted earnings per share from continuing operations (in USD per share) | $4 | $1 |
| Diluted earnings per share (in USD per share) | $3.74 | $1.18 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2025-11-30 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $89.5M | $47.4M | ||
| Restricted cash | $235.1M | $254.6M | ||
| Loans held for investment, subject to Home Equity Conversion Mortgage-Backed Securities (HMBS) related obligations, at fair value | $19.1B | $18.7B | ||
| Loans held for investment, subject to nonrecourse debt, at fair value | $10.0B | $9.3B | ||
| Loans held for investment, at fair value | $870.1M | $520.1M | ||
| Intangible assets, net | $179.6M | $216.3M | ||
| Other assets, net (includes $76,146 and $43,861 at fair value) | $197.4M | $157.3M | ||
| Assets of discontinued operations | $0 | $2.5M | ||
| TOTAL ASSETS | $30.7B | $29.2B | ||
| HMBS related obligations, at fair value | $18.9B | $18.4B | ||
| Nonrecourse debt, at fair value | $9.7B | $9.0B | ||
| Other financing lines of credit | $1.2B | $918.2M | ||
| Notes payable (includes $53,800 and $0 at fair value, and includes amounts due to related parties of $87,126 and $162,283) | $329.9M | $374.5M | ||
| Payables and other liabilities (includes $12,547 and $16,684 at fair value) | $130.7M | $138.0M | ||
| Repurchase Agreement obligation | $40.6M | $0 | ||
| Liabilities of discontinued operations | $0 | $11.7M | ||
| TOTAL LIABILITIES | $30.3B | $28.8B | ||
| Preferred Stock, $0.0001 par value; 600,000,000 shares authorized; 50,000 and 0 shares issued and outstanding | $0 | $0 | ||
| Additional paid-in capital | $977.8M | $954.5M | ||
| Accumulated deficit | -$653.7M | -$698.9M | ||
| Accumulated other comprehensive loss | -$285.0K | -$276.0K | ||
| Noncontrolling interest | $71.8M | $60.4M | ||
| TOTAL EQUITY | $395.6M | $315.7M | $272.4M | |
| TOTAL LIABILITIES AND EQUITY | $30.7B | $29.2B | ||
| Other assets, net at fair value | $76.1M | $43.9M | ||
| Payables and other liabilities at fair value | $12.5M | $16.7M | ||
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | $0.00 | |
| Preferred stock, authorized (in shares) | 600.0M shares | 600.0M shares | ||
| Preferred stock, issued (in shares) | 50.0K shares | 0 shares | ||
| Preferred stock, outstanding (in shares) | 50.0K shares | 0 shares |
| Period ending | 2025-12-31 | 2025-11-30 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $89.5M | $47.4M | ||
| Restricted cash | $235.1M | $254.6M | ||
| Loans held for investment, subject to Home Equity Conversion Mortgage-Backed Securities (HMBS) related obligations, at fair value | $19.1B | $18.7B | ||
| Loans held for investment, subject to nonrecourse debt, at fair value | $10.0B | $9.3B | ||
| Loans held for investment, at fair value | $870.1M | $520.1M | ||
| Intangible assets, net | $179.6M | $216.3M | ||
| Other assets, net (includes $76,146 and $43,861 at fair value) | $197.4M | $157.3M | ||
| Assets of discontinued operations | $0 | $2.5M | ||
| TOTAL ASSETS | $30.7B | $29.2B | ||
| HMBS related obligations, at fair value | $18.9B | $18.4B | ||
| Nonrecourse debt, at fair value | $9.7B | $9.0B | ||
| Other financing lines of credit | $1.2B | $918.2M | ||
| Notes payable (includes $53,800 and $0 at fair value, and includes amounts due to related parties of $87,126 and $162,283) | $329.9M | $374.5M | ||
| Payables and other liabilities (includes $12,547 and $16,684 at fair value) | $130.7M | $138.0M | ||
| Repurchase Agreement obligation | $40.6M | $0 | ||
| Liabilities of discontinued operations | $0 | $11.7M | ||
| TOTAL LIABILITIES | $30.3B | $28.8B | ||
| Preferred Stock, $0.0001 par value; 600,000,000 shares authorized; 50,000 and 0 shares issued and outstanding | $0 | $0 | ||
| Additional paid-in capital | $977.8M | $954.5M | ||
| Accumulated deficit | -$653.7M | -$698.9M | ||
| Accumulated other comprehensive loss | -$285.0K | -$276.0K | ||
| Noncontrolling interest | $71.8M | $60.4M | ||
| TOTAL EQUITY | $395.6M | $315.7M | $272.4M | |
| TOTAL LIABILITIES AND EQUITY | $30.7B | $29.2B | ||
| Other assets, net at fair value | $76.1M | $43.9M | ||
| Payables and other liabilities at fair value | $12.5M | $16.7M | ||
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | $0.00 | |
| Preferred stock, authorized (in shares) | 600.0M shares | 600.0M shares | ||
| Preferred stock, issued (in shares) | 50.0K shares | 0 shares | ||
| Preferred stock, outstanding (in shares) | 50.0K shares | 0 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | $103.0M | $35.7M |
| Change in fair value of loans and related obligations | -$584.2M | -$408.8M |
| Amortization and depreciation | $38.6M | $38.9M |
| Amortization of debt discount and issuance costs on notes payable | $19.0M | $3.0M |
| Impairment of other assets | $0 | $891.0K |
| Deferred income taxes | -$3.5M | -$2.4M |
| Change in fair value of deferred purchase price liabilities | -$2.9M | $8.0M |
| Change in fair value of convertible notes | $13.8M | $0 |
| Equity-based compensation | $10.2M | $8.8M |
| Originations/purchases of loans held for sale | -$75.4M | -$9.9M |
| Proceeds from sale of loans held for sale | $53.7M | $11.0M |
| Gain on the exchange of senior notes | $0 | -$56.2M |
| Other assets, net | $5.8M | $33.4M |
| Payables and accrued expenses | -$11.0M | -$95.6M |
| Other operating activities, net | $3.2M | $9.3M |
| Net cash used in operating activities | -$429.7M | -$423.8M |
| Purchases and originations of loans held for investment | -$3.3B | -$2.9B |
| Proceeds/payments received on loans held for investment | $3.1B | $2.3B |
| Purchases and originations of loans held for investment, subject to nonrecourse debt | -$24.7M | -$41.1M |
| Proceeds/payments on loans held for investment, subject to nonrecourse debt | $1.1B | $988.3M |
| Proceeds on sale of mortgage servicing rights (MSR) | $0 | $5.5M |
| Proceeds from sale of businesses | $0 | $3.0M |
| Other investing activities, net | -$5.2M | -$298.0K |
| Net cash provided by investing activities | $854.9M | $340.9M |
| Proceeds from issuance of HMBS related obligations | $2.0B | $2.0B |
| Payments on HMBS related obligations | -$2.7B | -$2.3B |
| Proceeds from issuance of nonrecourse debt | $5.0B | $3.2B |
| Payments on nonrecourse debt | -$4.9B | -$2.8B |
| Proceeds from other financing lines of credit | $5.4B | $5.8B |
| Payments on other financing lines of credit | -$5.2B | -$5.8B |
| Proceeds from notes payable | $40.0M | $25.8M |
| Payments on notes payable | -$117.4M | $0 |
| Repurchase of Class A Common Stock and Class A LLC Units | -$40.1M | $0 |
| Proceeds from issuance of Preferred Stock, net of issuance costs | $49.3M | $0 |
| Dividends paid on Preferred Stock | -$196.0K | $0 |
| Other financing activities, net | -$4.0M | -$10.4M |
| Net cash provided by (used in) financing activities | -$402.5M | $160.1M |
| Effect of exchange rate changes on cash and cash equivalents | -$9.0K | -$27.0K |
| Net increase in cash and cash equivalents and restricted cash | $22.7M | $77.2M |
| Cash paid for interest | $625.1M | $432.9M |
| Loans transferred to loans held for sale, at fair value, from loans held for investment, subject to nonrecourse debt, at fair value | $133.5M | $0 |
| Loans transferred to loans held for sale, at fair value, from loans held for investment, at fair value | $52.4M | $5.4M |
No quarter-by-quarter statement was filed.
Compare Finance of America Companies Inc. with another company
Leadership
Who has led Finance of America Companies Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerGraham Fleming Aug 10, 2022 to now13
- PresidentKristen N. Sieffert Apr 6, 2023 to now14
- PresidentGraham Fleming Apr 2, 2021 to Apr 4, 202315
- Chief financial officerGraham Fleming Nov 14, 2023 to Nov 14, 202316
- Chief financial officerMatthew A. Engel Nov 17, 2023 to now17
- Chief financial officerJohan Gericke Apr 2, 2021 to Apr 4, 202318
Board members and other officers (11)
- Chief Investment OfficerJeremy Prahm Apr 2, 2021 to now19
- Chief Accounting OfficerTai A. Thornock Apr 2, 2021 to now20
- Board memberAndrew Essex Mar 21, 2025 to now21
- Board memberCory Gardner Mar 21, 2025 to now22
- Board memberLance West Apr 2, 2021 to now23
- Board memberMenes Chee Apr 2, 2021 to Apr 2, 202124
- Board memberNorma Corio Apr 2, 2021 to now25
- Board memberTyson Anwar Pratcher Apr 2, 2021 to now26
- Board memberBrian L. Libman Apr 5, 2021 to now27
- General counselLauren Richmond Sep 2, 2022 to now28
- General counselAnthony W. Villani Apr 2, 2021 to Apr 2, 202129
Timeline
- Aug 10, 2022New chief executive Graham Fleming becomes CEO13
Filings
463 filings to the SEC since October 2021: 7 annual reports, 17 quarterly reports, 66 major events, 228 insider forms, 50 large holders, 95 other. The latest 20:
- Oct 7, 20264 EDGAR
- Oct 5, 20264 EDGAR
- Oct 5, 2026144 EDGAR
- Oct 1, 2026144 EDGAR
- Sep 22, 20264 EDGAR
- Sep 10, 20264 EDGAR
- Sep 3, 20264 EDGAR
- Sep 1, 2026144 EDGAR
- Aug 26, 20264 EDGAR
- Aug 12, 20264 EDGAR
- Aug 10, 20264 EDGAR
- Aug 7, 202610-Q EDGAR
- Aug 6, 2026SCHEDULE 13D/A EDGAR
- Aug 5, 20264 EDGAR
- Aug 4, 20268-K EDGAR
- Aug 3, 2026144 EDGAR
- Aug 3, 20268-K EDGAR
- Jul 15, 20264 EDGAR
- Jul 10, 2026DEF 14C EDGAR
- Jul 2, 20264 EDGAR
The 463 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 50 such filings since October 2021, the latest 10:
- Aug 6, 2026SCHEDULE 13D/A
- May 13, 2026SCHEDULE 13G/A
- May 8, 2026SCHEDULE 13D/A
- Apr 28, 2026SCHEDULE 13D/A
- Apr 7, 2026SCHEDULE 13G/A
- Mar 3, 2026SCHEDULE 13D/A
- Mar 3, 2026SCHEDULE 13D/A
- Feb 13, 2026SCHEDULE 13G
- Feb 12, 2026SCHEDULE 13G
- Dec 30, 2025SCHEDULE 13D/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 76. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14SEC EDGARKristen N. Sieffert, President
- 15SEC EDGARGraham Fleming, President
- 16
- 17
- 18
- 19
- 20
- 21SEC EDGARAndrew Essex, Board member
- 22SEC EDGARCory Gardner, Board member
- 23SEC EDGARLance West, Board member
- 24SEC EDGARMenes Chee, Board member
- 25SEC EDGARNorma Corio, Board member
- 26SEC EDGARTyson Anwar Pratcher, Board member
- 27SEC EDGARBrian L. Libman, Board member
- 28SEC EDGARLauren Richmond, General counsel
- 29SEC EDGARAnthony W. Villani, General counsel