Finance of America Q1 profit more than doubles

Finance of America Companies

05/05/2026 21:57

Overview

U.S. home equity lender's Q1 revenue fell 28% yr/yr, adjusted EPS rose 112%

Adjusted EBITDA for Q1 up 52% yr/yr to $44 mln

Company completed repurchase of Blackstone’s equity interest in February

Outlook

Company says it aims to translate operational momentum into consistent growth through 2026

Result Drivers

ORIGINATION GAINS - Improved origination gains and higher funded volume drove adjusted net income and EPS

OPERATING LEVERAGE - Profitability increased as operating leverage improved with scale, particularly in Retirement Solutions

CAPITAL MARKETS ACTIVITY - Increased capital markets activity contributed to higher adjusted EPS and net income

Company press release: ID:nBw6SgZNZa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$120 mln
Q1 Adjusted EPS
Beat
$1.10
$0.84 (1 Analyst)
Q1 EPS
$0.88
Q1 Adjusted Net Income
$26 mln
Q1 Adjusted EBITDA
Beat
$44 mln
$31 mln (1 Analyst)

Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the investment management & fund operators peer group is "buy"

Wall Street's median 12-month price target for Finance of America Companies Inc is $22.50, about 11.4% above its May 4 closing price of $20.20

The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 5 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)