FHLB Pittsburgh Q1 net income $89.5M, down 25% YoY; activity stock dividend 9.5%

Federal Home Loan Bank of Pittsburgh

Net income $89.5M vs $120.1M Q1 2025; net interest income $133.2M, down $39M.
Advances $46.5B (up $9.7B from Dec 2025); total assets $83.8B.
Declared dividend: membership stock 4.85% annualized, activity stock 9.5% annualized.
Statutory AHP assessment $10.0M ($13.4M prior year); voluntary contributions $5.5M.
Total capital $5.1B, retained earnings $2.3B; remains compliant with regulatory requirements.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Federal Home Loan Bank of Pittsburgh reported first quarter of 2026 results: net income $89.5 million.

Period: first quarter of 2026
Net income: $89.5 million
Result: reported results

Exact text from the filing

23, 2026 – The Federal Home Loan Bank of Pittsburgh (FHLBank) announced today unaudited financial results for the first quarter of 2026. Financial Highlights: ▪ Net income of $89.5 million ▪ Net interest income of $133.2 million ▪ Declared a dividend on activity stock at 9.5% annualized ▪ Declared a dividend on membership stock at 4.85% annualized Credit Product

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Source: SEC EDGAR

accession 0001330399-26-000053

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