earnings
confidence high
sentiment positive
materiality 0.75
Freddie Mac Q4 net income $3.2B, up 11% YoY; full-year net income $11.9B
FEDERAL HOME LOAN MORTGAGE CORP
2024-FY EPS reported
$0.00
- Q4 net income $3.2B (11% YoY increase); full-year net income $11.9B (13% YoY increase).
- Q4 net revenues $6.3B, up 18% YoY, driven by higher net interest income and investment gains.
- Single-Family net income $2.6B (-4% YoY); Multifamily net income $0.7B (+161% YoY).
- Mortgage portfolio $3.6T (+3% YoY); net worth $59.6B; serious delinquency 0.59% (Dec 2023: 0.55%).
- New business activity $100B in Q4 (up from $73B); financed 539K homes/rental units in Q4.