earnings
confidence high
sentiment positive
materiality 0.70
FHLBank Atlanta Q1 net income rises 58% to $194M; declares 7.35% dividend
Federal Home Loan Bank of Atlanta
- Net income $194M vs $123M YoY (+58%); net interest income $254M vs $174M.
- Annualized ROE 9.24% vs 5.92% YoY; net yield on earning assets 66 bps vs 39 bps.
- Total assets $142.8B (-$9.6B from Dec 31); advances stable at $96.6B.
- Board declared Q1 dividend at annualized rate of 7.35%, payable May 2.
- Committed $36M in voluntary affordable-housing contributions for 2024.