Earnings ·
Finance of America Companies Inc. reported financial results for the second quarter ended June 30, 2026
FOACWFinance of America Companies Inc.
Finance of America Companies Inc. reported financial results for the second quarter ended June 30, 2026. The company achieved funded volume of $730 million, a 21% year-over-year increase. GAAP diluted loss per share was $1.28, or a net loss of $29 million, compared to a GAAP basic earnings per share of $0.10 and net income attributable to Class A Common Stock of $1 million. Adjusted metrics showed adjusted EPS of $0.84 and adjusted EBITDA of $35 million. Total equity stood at $407 million with book value per common share of $33.20. The company also completed the acquisition of the Onity HECM servicing portfolio in June 2026. Finance of America Companies Inc. operates in the financial services industry, providing home equity-based financing solutions for retirement.