earnings
confidence high
sentiment positive
materiality 0.75
Fannie Mae reports 2024 net income of $17.0B; net worth reaches $94.7B
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
2024-FY EPS reported
$0.00
- Net income $17.0B for 2024, down 2% from $17.4B in 2023; Q4 net income $4.1B.
- Net worth $94.7B as of Dec 31, 2024, up $17.0B from $77.7B a year ago.
- Provided $381B liquidity in 2024, financing ~1.4M home purchases, refinancings, and rental units.
- Single-family serious delinquency rate 0.56% (up from 0.55%); multifamily SDQ 0.57% (up from 0.46%).
- Total assets $4.35T; revenues $29.1B; $16.975B dividends attributable to senior preferred stock.