Federal National Mortgage Association Fannie Mae
STU : FNMFinancials
Income statement · full history
USD in millions · per-share amounts unscaled. Each period shows the value from the latest filing that prints it.
| Reported line item | Jan 1, 2016 to Dec 31, 2016 | Jan 1, 2017 to Dec 31, 2017 | Jan 1, 2018 to Dec 31, 2018 | Jan 1, 2019 to Dec 31, 2019 | Jan 1, 2020 to Dec 31, 2020 | Jan 1, 2021 to Dec 31, 2021 | Jan 1, 2022 to Dec 31, 2022 | Jan 1, 2023 to Dec 31, 2023 | Jan 1, 2024 to Dec 31, 2024 | Jan 1, 2025 to Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Mortgage loans | 104,642 | 108,319 | 115,029R | 117,374R | 106,316 | 98,930 | 117,813 | 133,234 | 144,152 | 152,149 |
| Trading securitiesno longer reported | 516 | 706 | 1,336 | 1,627 | 874 | 524 | ||||
| Securities purchased under agreements to resell | 4,427 | 4,170 | 3,354 | |||||||
| Otherno longer reported | 102R | 123R | 136 | 163 | 281R | 163R | 656 | 2,322 | 2,498 | |
| Available-for-sale securitiesno longer reported | 620 | 335 | 230 | 175 | 98 | 58 | ||||
| Securities purchased under agreements to resell or similar arrangementsno longer reported | 141 | 373 | 742 | 843 | 146 | 21 | ||||
| Investments in securities and other | 972 | 582 | 1,828 | 2,053R | 2,244R | 3,115 | ||||
| Total interest income | 106,021 | 109,856 | 117,473R | 120,182R | 107,569 | 99,675 | 120,297 | 139,714 | 150,566 | 158,618 |
| Short-term debt | (206) | (250) | (468) | (501) | (182) | (4) | (76) | (672) | (595) | (585) |
| Long-term debt | (84,520) | (88,873) | (95,732)R | (98,388)R | (82,521) | (70,084) | (90,798) | (110,269) | (121,223) | (129,425) |
| Total interest expense | (84,726) | (89,123) | (96,200)R | (98,889)R | (82,703) | (70,088) | (90,874) | (110,941) | (121,818) | (130,010) |
| Net interest income | 21,295 | 20,733 | 21,273R | 21,293R | 24,866 | 29,587 | 29,423 | 28,773 | 28,748 | 28,608 |
| Fair value gains (losses), net | (1,081) | (1,211) | 1,121 | (2,214) | (2,501) | 155 | 1,284 | 1,304 | 1,821 | 90 |
| Fee and other income | 966 | 2,227 | 555R | 566R | 462 | 361 | 312 | 275 | 321 | 356 |
| Investment gains (losses), net | 1,256 | 1,522 | 952 | 1,770 | 907 | 1,352 | (297) | (265)R | (96)R | 105 |
| Non-interest income | 1,141 | 2,538 | 2,628R | 122R | (1,132) | 1,868 | 1,299 | 1,314R | 2,046R | 551 |
| (Provision) benefit for credit losses | 2,155 | 2,041 | 3,309 | 4,011 | (678) | 5,130 | (6,277) | 1,670 | 186 | (1,606) |
| Salaries and employee benefits | (1,336) | (1,328) | (1,451) | (1,486) | (1,554) | (1,493) | (1,671) | (1,906) | (2,004) | (2,094) |
| Net interest income after benefit (provision) for credit lossesno longer reported | 23,450 | 22,774 | 24,582R | 25,304R | 24,188 | 34,717 | 23,146 | 30,443 | 28,934 | |
| Professional services, technology, and occupancy | (955) | (933) | (1,032) | (967) | (921) | (817) | (1,526)R | (1,539)R | (1,615) | (1,485) |
| Legislative assessments | (3,788) | (3,745) | (3,766) | (3,749) | ||||||
| Other administrative expensesno longer reported | (450)R | (476) | (576) | (570) | (593) | (755) | (808) | (848) | ||
| Credit enhancement expense | (679) | (1,134) | (1,361) | (1,051) | (1,323) | (1,512) | (1,641) | (1,656) | ||
| Total administrative expensesno longer reported | (2,741) | (2,737) | (3,059) | (3,023) | (3,068) | (3,065) | (3,329) | (3,604) | ||
| Other income (expense), net | (1,099) | (685) | (586) | |||||||
| Change in expected credit enhancement recoveriesno longer reported | 0 | 0 | 233 | (194) | 727 | (193) | 194 | |||
| TCCA feesno longer reported | (1,845) | (2,096) | (2,284) | (2,432) | (2,673) | (3,071) | (3,369) | (3,431) | ||
| Foreclosed property expenseno longer reported | (644) | (521) | (617) | (515) | (177) | (33) | ||||
| Total non-interest expense | (6,258) | (6,865) | (7,111)R | (7,849)R | (8,177) | (8,636) | (8,212) | (9,801)R | (9,711)R | (9,570) |
| Other expenses, netno longer reported | (1,028) | (1,511) | (472)R | (745)R | (1,308)R | (1,255)R | (631)R | (1,118)R | (937) | |
| Income before federal income taxes | 18,333 | 18,447 | 20,099 | 17,577 | 14,879 | 27,949 | 16,233 | 21,956 | 21,269 | 17,983 |
| Provision for federal income taxes | (6,020) | (15,984) | (4,140) | (3,417) | (3,074) | (5,773) | (3,310) | (4,548) | (4,291) | (3,619) |
| Net income | 12,313 | 2,463 | 15,959 | 14,160 | 11,805 | 22,176 | 12,923 | 17,408 | 16,978 | 14,364 |
| Other comprehensive income (loss) | (648) | (206)R | (348) | (191) | (15) | (78) | (3) | (3) | (3) | (9) |
| Changes in unrealized gains on available-for-sale securities, net of reclassification adjustments and taxesno longer reported | (642) | (206)R | (344) | (179) | (23) | (67) | ||||
| Total comprehensive income | 11,665 | 2,257 | 15,611 | 13,969 | 11,790 | 22,098 | 12,920 | 17,405 | 16,975 | 14,355 |
| Other, net of taxesno longer reported | (6) | 0 | (4) | (12) | 8 | (11) | ||||
| Dividends distributed or amounts attributable to senior preferred stock | (12,236) | (8,944) | (12,613) | (13,969) | (11,790) | (22,098) | (12,920) | (17,405) | (16,975) | (14,355) |
| Net income attributable to common stockholders, basic | 77 | (6,481) | 3,346 | 191 | 15 | 78 | 3 | 3 | 3 | 9 |
| Net income attributable to common stockholders, diluted | 15 | 78 | 3 | 3 | 3 | 9 | ||||
| Basic (in dollars per share) | 0.01 | (1.12) | 0.58 | 0.03 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted (in dollars per share) | 0.01 | (1.12) | 0.57 | 0.03 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic (in shares) | 5,762 | 5,762 | 5,762 | 5,762 | 5,867 | 5,867 | 5,867 | 5,867 | 5,867 | 5,867 |
| Diluted (in shares) | 5,893 | 5,762 | 5,893 | 5,893 | 5,893 | 5,893 | 5,893 | 5,893 | 5,893 | 5,893 |
History starts FY2016, the period ended Dec 31, 2016 — the earliest period our structured-data source covers, not the company’s first year.
44 reported lines · 10 periods · values taken from the latest filing that prints each period.
- R41 restated by the filer — hover for the figure as first reported.
- italic26 from an earlier filing than the rest of the column.
- no longer reported13 lines the filer stopped printing.
- — the filer printed the line and left the period empty. An empty cell means the line was not printed at all; it is never a zero.
364 of 374 values link to the exact element in the filer’s own document.
Every line and every caption is the company’s own. Each period carries the value from the latest filing that prints it, which is why a restated period shows the restated number with the figure as first reported kept underneath.
Nothing on this table is computed by us: no fourth quarter, no growth rate, no margin. Marks describe the filer’s own restatements.