Finance of America Companies (FOA) Loans - Net (2020 - 2023)
Finance of America Companies' (FOA) quarterly Loans - Net came in at $467.3 million in Q3 2023, down 64.26% on a YoY basis from $1.3 billion in Q3 2022, and down 31.78% quarter-over-quarter from $685.0 million in Q2 2023.
Analysis
Finance of America Companies (FOA) Loans - Net (2020 - 2023) Analysis & Trends
Finance of America Companies (FOA) has reported Loans - Net for 4 consecutive years, with $467.3 million the latest figure, recorded in Q3 2023.
- For the quarter ending Q3 2023, Loans - Net fell 64.26% year-over-year to $467.3 million; the trailing twelve-month figure through Sep 2023 stood at $467.3 million (down 64.26% YoY), and the FY2022 full-year result was $908.0 million, down 11.96% from the prior year.
- Loans - Net retreated to $467.3 million in Q3 2023 per FOA's latest filing, from $685.0 million in the prior quarter.
- Across five years, Loans - Net topped out at $1.3 billion in Q3 2022 and bottomed at $467.3 million in Q3 2023.
- Historically, Loans - Net has averaged $949.7 million across 4 years, with a median of $1.0 billion in 2021.
- The sharpest annual moves came in 2021 and 2023: Loans - Net soared 41.12% in 2021, then sank 64.26% in 2023.
- Over 4 years, Loans - Net stood at $730.8 million in 2020, then soared by 41.12% to $1.0 billion in 2021, then declined by 11.96% to $908.0 million in 2022, then tumbled by 48.53% to $467.3 million in 2023.
- According to Business Quant data, Loans - Net over the past three periods registered $467.3 million, $685.0 million, and $737.0 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 46.15 Bn | 43.05 Bn | - | - |
| 2 | Federal National Mortgage Association Fannie Mae | 30.33 Bn | 30.33 Bn | - | 4,119.01 Bn |
| 3 | Figure Technology Solutions | 7.94 Bn | 6.40 Bn | 196.67 Mn | - |
| 4 | PennyMac Financial Services | 3.45 Bn | 2.70 Bn | 480.08 Mn | - |
| 5 | Federal Agricultural Mortgage | 2.40 Bn | 1.36 Bn | - | 18.18 Bn |
| 6 | UWM Holdings | 2.01 Bn | 2.36 Bn | - | - |
| 7 | Walker & Dunlop | 1.26 Bn | 1.11 Bn | - | - |
| 8 | CNFinance Holdings | 1.25 Bn | 1.25 Bn | - | 263.02 Mn |
| 9 | Velocity Financial | 630.27 Mn | -6.82 Bn | - | - |
| 10 | Finance of America Companies | 125.92 Mn | 125.92 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 467.32 Mn |
| Jun 30, 2023 | 685.03 Mn |
| Mar 31, 2023 | 736.97 Mn |
| Dec 31, 2022 | 908.00 Mn |
| Sep 30, 2022 | 1.31 Bn |
| Jun 30, 2022 | 1.06 Bn |
| Mar 31, 2022 | 1.22 Bn |
| Dec 31, 2021 | 1.03 Bn |
| Sep 30, 2021 | 1.08 Bn |
| Jun 30, 2021 | 1.23 Bn |
| Dec 31, 2020 | 730.82 Mn |