Below are the financial statements of Federal National Mortgage Association, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Interest income | — | — | — |
| Investments in securities | 3,916a | 4,158a | 1,828a |
| Mortgage loans | 144,152a | 133,234a | 117,813a |
| Other | 2,498a | 2,322a | 656a |
| Total interest income | 150,566a | 139,714a | 120,297a |
| Interest expense | — | — | — |
| Short-term debt | -595a | -672a | -76a |
| Long-term debt | -121,223a | -110,269a | -90,798a |
| Total interest expense | -121,818a | -110,941a | -90,874a |
| Net interest income | 28,748a | 28,773a | 29,423a |
| Benefit (provision) for credit losses | -186a | -1,670a | -6,277a |
| Net interest income after benefit (provision) for credit losses | 28,934a | 30,443a | 23,146a |
| Fair value gains (losses), net | 1,821a | 1,304a | 1,284a |
| Investment gains (losses), net | -38a | -53a | -297a |
| Fee and other income | 321a | 275a | 312a |
| Non-interest income | 2,104a | 1,526a | 1,299a |
| Non-interest expense | — | — | — |
| Salaries and employee benefits | -2,004a | -1,906a | -1,671a |
| Professional services, technology, and occupancy | -1,615a | -1,539a | -1,526a |
| Legislative assessments | -3,766a | -3,745a | -3,788a |
| Credit enhancement expense | -1,641a | -1,512a | -1,323a |
| Change in expected credit enhancement recoveries | -194a | -193a | -727a |
| Other expenses, net | -937a | -1,118a | -631a |
| Total non-interest expense | -9,769a | -10,013a | -8,212a |
| Income before federal income taxes | 21,269a | 21,956a | 16,233a |
| Provision for federal income taxes | -4,291a | -4,548a | -3,310a |
| Net income | 16,978a | 17,408a | 12,923a |
| Net income attributable to common stockholders | 3a | 3a | 3a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.