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Finance of America (Finance of America) Net Interest Income (for Banks) : $292.7 Mil (As of Dec. 2023)


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What is Finance of America Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Finance of America's net interest income for the three months ended in Dec. 2023 was $110.1 Mil. Its net interest income for the trailing twelve months (TTM) ended in Dec. 2023 was $292.7 Mil.

Finance of America's quarterly net interest income declined from Jun. 2023 ($68.4 Mil) to Sep. 2023 ($45.7 Mil) but then increased from Sep. 2023 ($45.7 Mil) to Dec. 2023 ($110.1 Mil).

Finance of America's annual net interest income increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($177.6 Mil) and increased from Dec. 2022 ($177.6 Mil) to Dec. 2023 ($238.3 Mil).

Finance of America Net Interest Income (for Banks) Historical Data

The historical data trend for Finance of America's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Finance of America Net Interest Income (for Banks) Chart

Finance of America Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Income (for Banks)
120.19 102.57 - 177.56 238.26

Finance of America Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Interest Income (for Banks) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.60 68.53 68.37 45.73 110.09

Finance of America Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $292.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Finance of America (Finance of America) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Finance of America Companies Inc (NYSE:FOA) » Definitions » Net Interest Income (for Banks)
Comparable Companies
SEZL OPFI NICK CURO JT MCVT SPFX PT CFNB CAFI V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN SYF
Traded in Other Exchanges
N/A
Address
5830 Granite Parkway, Suite 400, Plano, TX, USA, 75024
Website
https://www.financeofamerica.com
Finance of America Companies Inc provides a diverse selection of lending products and services. Its products include home loans, reverse mortgages, commercial loans and lender services. Its operating segments include Mortgage Originations, Reverse Originations, Commercial Originations, Lender Services, and Portfolio Management.
Executives
Kristen N Sieffert officer: President C/O FINANCE OF AMERICA COMPANIES INC., 5830 GRANITE PARKWAY, SUITE 400, PLANO TX 75024
Reza Jahangiri 10 percent owner C/O AMERICAN ADVISORS GROUP, INC., 18200 VON KARMAN AVENUE, SUITE 300, IRVINE CA 92612
Bloom Retirement Holdings Inc. 10 percent owner 3800 W. CHAPMAN AVENUE, THIRD FLOOR, ORANGE CA 92868
Lauren Richmond officer: Chief Legal Officer C/O FINANCE OF AMERICA COMPANIES INC., 909 LAKE CAROLYN PARKWAY, SUITE 1550, IRVING TX 75039
Blackstone Tactical Opportunities Fund - S - Nq L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Tactical Opportunities Associates - Nq L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Edmond Safra 10 percent owner C/O REPLAY ACQUISITION CORP., 767 FIFTH AVENUE, 46TH FLOOR, NEW YORK NY 10153
D1 Capital Partners L.p. 10 percent owner 9 WEST 57TH STREET, 36TH FLOOR, NEW YORK NY 10019
Patricia Cook director, officer: Chief Executive Officer C/O FINANCE OF AMERICA COMPANIES INC., 909 LAKE CAROLYN PARKWAY, SUITE 1550, IRVING TX 75039
Graham Fleming officer: President C/O FINANCE OF AMERICA COMPANIES INC., 909 LAKE CAROLYN PARKWAY, SUITE 1550, IRVING TX 75039
Brian L Libman director, 10 percent owner CLAYTON HOLDINGS, INC., 2 CORPORATE DRIVE, SHELTON CT 06484
Johan Gericke officer: EVP, Chief Financial Officer C/O FINANCE OF AMERICA COMPANIES INC., 909 LAKE CAROLYN PARKWAY, SUITE 1550, IRVING TX 75039
Blackstone Tactical Opportunities Fund - O - Nq L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Tactical Opportunities Fund - L - Nq L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Tactical Opportunities Fund - N - Nq L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154