---
schema_version: "secwatch.filing_event.v1"
accession: "0001326771-26-000069"
form_type: "8-K"
ticker: null
cik: "0001326771"
company_name: "Federal Home Loan Bank of Cincinnati"
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T01:37:39.158780+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# FHLB Cincinnati Q1 net income falls 31% to $100M; ROE declines to 6.08%

## Summary
- Net income Q1 2026: $100M vs $145M in Q1 2025; ROE dropped to 6.08% from 8.76%.
- Total assets $136.2B, up $6.8B (5%) from year-end 2025; Mission Assets & Activities up 6%.
- GAAP capital $7.0B; capital-to-assets ratio 5.14% (above 4% regulatory minimum).
- Paid quarterly dividend at 7.50% annualized rate, 3.84pp above avg SOFR.
- Accrued $12M to Affordable Housing Program; made $12M in voluntary housing contributions.

## SEC filing metadata
- accession: 0001326771-26-000069
- form_type: 8-K
- cik: 0001326771
- company_name: Federal Home Loan Bank of Cincinnati
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326771/000132677126000069/0001326771-26-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326771/000132677126000069/fhlbcin-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001326771-26-000069
- JSON: https://secwatch.observer/filing/0001326771-26-000069.json
- Plain text: https://secwatch.observer/filing/0001326771-26-000069.txt

## Key facts
- Earnings Releases
  Federal Home Loan Bank of Cincinnati reported first quarter ended March 31, 2026 results: net income $100 million.
  - Period: first quarter ended March 31, 2026
  - Net income: $100 million
  - Result: reported results
  source text: make meaningful contributions to affordable housing and strengthen capital by increasing retained earnings. Operating Results ▪ For the first quarter of 2026, net income was $100 million and return on average equity (ROE) was 6.08 percent. This compares to net income of $145 million and ROE of 8.76 percent for the same period of 2025. ▪ The decrease in net income
  evidence_url: https://www.sec.gov/Archives/edgar/data/1326771/000132677126000069/0001326771-26-000069-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.