Finance of America reports Q1 EPS 52c vs. (29c) last year

Reports Q1 revenue $166M vs. $75M last year. Graham A. Fleming, Chief Executive Officer commented, “Finance of America (FOA) delivered a strong start to 2025, funding $561 million in loans and exceeding the high end of our guidance range. Our first quarter performance highlights the strength and growing relevance of reverse mortgages across a broad range of market conditions. Building on this momentum, we recently launched our new brand platform, ‘A Better Way with FOA,’ along with a national advertising campaign. We are optimistic that these initiatives will help us increase awareness and adoption of reverse mortgages by showcasing the meaningful benefits our products can deliver in a compelling and authentic way. We are very excited about the future growth of FOA.”