Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
|
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE (FNMA)
|
|
| Income Statement |
|
|
|
| Standardized | As Reported |
Annual | Quarterly | TTM |
|
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Interest income: | | | | | | | | |
| Investments in securities | 1,828.0 | 582.0 | 972.0 | | | | | |
| Mortgage loans | 117,813.0 | 98,930.0 | 106,316.0 | 117,374.0 | 115,029.0 | 108,319.0 | 104,642.0 | 107,699.0 |
| Other | 656.0 | 163.0 | 281.0 | 163.0 | 136.0 | 123.0 | 102.0 | 143.0 |
| Total interest income | 120,297.0 | 99,675.0 | 107,569.0 | 120,182.0 | 117,473.0 | 109,856.0 | 106,021.0 | 109,442.0 |
| |
| Interest expense: | | | | | | | | |
| Short-term debt | -76.0 | -4.0 | -182.0 | -501.0 | -468.0 | -250.0 | -206.0 | -146.0 |
| Long-term debt | -90,798.0 | -70,084.0 | -82,521.0 | -98,388.0 | -95,732.0 | -88,873.0 | -84,520.0 | -87,887.0 |
| Total interest expense | -90,874.0 | -70,088.0 | -82,703.0 | -98,889.0 | -96,200.0 | -89,123.0 | -84,726.0 | -88,033.0 |
| Net interest income | 29,423.0 | 29,587.0 | 24,866.0 | 21,293.0 | 21,273.0 | 20,733.0 | 21,295.0 | 21,409.0 |
| Benefit (provision) for credit losses | -6,277.0 | 5,130.0 | -678.0 | 4,011.0 | 3,309.0 | 2,041.0 | 2,155.0 | 795.0 |
| Net interest income after benefit (provision) for credit losses | 23,146.0 | 34,717.0 | 24,188.0 | 25,304.0 | 24,582.0 | 22,774.0 | 23,450.0 | 22,204.0 |
| |
| Non-interest Income: | | | | | | | | |
| Investment gains (losses), net | -297.0 | 1,352.0 | 907.0 | 1,770.0 | | | | |
| Fair value gains (losses), net | 1,284.0 | 155.0 | -2,501.0 | | | | | |
| Fee and other income | 312.0 | 361.0 | 462.0 | 566.0 | 555.0 | 2,227.0 | 966.0 | 1,348.0 |
| Non-interest income (loss) | 1,299.0 | 1,868.0 | 237.0 | 2,458.0 | 2,628.0 | 2,538.0 | 1,141.0 | 2,265.0 |
| |
| Administrative expenses: | | | | | | | | |
| Salaries and employee benefits | -1,671.0 | -1,493.0 | -1,554.0 | -1,486.0 | -1,451.0 | -1,328.0 | -1,336.0 | -1,319.0 |
| Professional services | -850.0 | -817.0 | -921.0 | -967.0 | -1,032.0 | -933.0 | -955.0 | -984.0 |
| Other administrative expenses | -808.0 | -755.0 | -593.0 | -570.0 | -576.0 | -476.0 | -450.0 | -747.0 |
| Total administrative expenses | 3,329.0 | 3,065.0 | 3,068.0 | 3,023.0 | 3,059.0 | 2,737.0 | 2,741.0 | 3,050.0 |
| TCCA fees | -3,369.0 | -3,071.0 | -2,673.0 | | | | | |
| Credit enhancement expense | -1,323.0 | -1,051.0 | -1,361.0 | -1,134.0 | -679.0 | | | |
| Change in expected credit enhancement recoveries | 727.0 | -194.0 | 233.0 | | | | | |
| Other expenses, net | -918.0 | -1,255.0 | -1,308.0 | -745.0 | -472.0 | -1,511.0 | -1,028.0 | -613.0 |
| Total expenses | -8,212.0 | -8,636.0 | -8,177.0 | -7,849.0 | -7,111.0 | -6,865.0 | -6,258.0 | -6,913.0 |
| Provision for federal income taxes | -3,310.0 | -5,773.0 | -3,074.0 | -3,417.0 | -4,140.0 | -15,984.0 | -6,020.0 | -5,253.0 |
| Net income | 12,923.0 | 22,176.0 | 11,805.0 | 14,160.0 | 15,959.0 | 2,463.0 | 12,313.0 | 10,954.0 |
| |
| Other comprehensive loss | | | | | | | | |
| Total comprehensive income | 12,920.0 | 22,098.0 | 11,790.0 | 13,969.0 | 15,611.0 | 2,257.0 | 11,665.0 | 10,628.0 |
| Dividends distributed or amounts attributable to senior preferred stock | -12,920.0 | -22,098.0 | -11,790.0 | -13,969.0 | -12,613.0 | -8,944.0 | -12,236.0 | -11,216.0 |
| |
| Net income attributable to common stockholders, basic | | $0.01 | | $0.03 | $0.58 | ($1.12) | $0.01 | ($0.05) |
| Net income attributable to common stockholders, diluted | 3.0 | 78.0 | 15.0 | 191.0 | 3,346.0 | -6,481.0 | 77.0 | -262.0 |
| Earnings (loss) per share - basic (in dollars per share) | | $0.01 | | $0.03 | $0.58 | ($1.12) | $0.01 | ($0.05) |
| Earnings (loss) per share - diluted (in dollars per share) | | $0.01 | | $0.03 | $0.57 | ($1.12) | $0.01 | ($0.05) |
| |
| Weighted-average common shares outstanding, basic | 5,867.0 | 5,867.0 | 5.9 | 5.8 | 5.8 | 5.8 | 5.8 | 5.8 |
| Weighted-average common shares outstanding, diluted | 5,893.0 | 5,893.0 | 5.9 | 5.9 | 5.9 | 5.8 | 5.9 | 5.8 |
|