earnings
confidence high
sentiment neutral
materiality 0.60
Fannie Mae Q1 net income $3.7B, down 15% YoY; net worth reaches $98.3B
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
2025-Q1 EPS reported
$0.00
- Net income $3.66B ($0.81 diluted EPS equivalent) vs $4.32B Q1 2024, down 15%.
- Net revenues $7.1B, flat YoY; provision for credit losses $24M expense vs $180M benefit year ago.
- Single-family net income $2.9B; multifamily $743M, up 4% YoY on higher volume.
- SF serious delinquency rate flat at 0.56%; MF rate rose to 0.63% from 0.57% in Q4 2024.
- Provided $76B liquidity, financing ~287,000 home purchases/refis/rentals in Q1.