earnings
confidence high
sentiment positive
materiality 0.70
Fannie Mae Q3 net income $4.0B down 10% QoQ and 14% YoY; net worth $90.5B
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
2024-Q3 EPS reported
$0.00
- Net income $4.04B, down from $4.48B in Q2 2024 and $4.70B in Q3 2023.
- Net worth $90.5B, up $4.0B from Q2; 27th consecutive quarter of positive net income.
- Single-family net income $3.51B, multifamily $530M; multifamily provision for credit losses $424M.
- Single-family serious delinquency rate 0.52% (up from 0.48% Q2); multifamily 0.56% (up from 0.44%).
- Provided $106B liquidity, financing 383,000 households; acquired 231,000 single-family purchase loans.