Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
|
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE (FNMA)
|
|
| Income Statement |
|
|
|
| Standardized | As Reported |
Annual | Quarterly | TTM |
|
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Interest income on loans | 117,813.0 | 98,930.0 | 106,316.0 | 117,374.0 | 115,029.0 | 108,319.0 | 104,642.0 | 107,699.0 |
| Interest income on trading account | | | | | 1,336.0 | 706.0 | 516.0 | 444.0 |
| Total interest income | 120,297.0 | 99,675.0 | 107,569.0 | 120,182.0 | 117,473.0 | 109,856.0 | 106,021.0 | 109,442.0 |
| Total interest expense | -90,874.0 | -70,088.0 | -82,703.0 | -98,889.0 | -96,200.0 | -89,123.0 | -84,726.0 | -88,033.0 |
| Net interest income | 29,423.0 | 29,587.0 | 24,866.0 | 21,293.0 | 21,273.0 | 20,733.0 | 21,295.0 | 21,409.0 |
| Provision for loan losses | -6,277.0 | 5,130.0 | -678.0 | 4,011.0 | 3,309.0 | 2,041.0 | 2,155.0 | 795.0 |
| Net interest income after provision for loan losses | 35,700.0 | 24,457.0 | 25,544.0 | 17,282.0 | 17,964.0 | 18,692.0 | 19,140.0 | 20,614.0 |
| Gain on sale of investments, net | -297.0 | 1,352.0 | 907.0 | 1,770.0 | | | | |
| Other non-interest income | 1,596.0 | 516.0 | -670.0 | 688.0 | 2,628.0 | 2,538.0 | 1,141.0 | 2,265.0 |
| Total non-interest income | 1,299.0 | 1,868.0 | 237.0 | 2,458.0 | 2,628.0 | 2,538.0 | 1,141.0 | 2,265.0 |
| Non-interest expenses | -8,212.0 | -8,636.0 | -8,177.0 | -7,849.0 | -7,111.0 | -6,865.0 | -6,258.0 | -6,913.0 |
| Equity in earnings | | | | | | | | |
| Pre-tax income | 16,233.0 | 27,949.0 | 14,879.0 | 17,577.0 | 20,099.0 | 18,447.0 | 18,333.0 | 16,208.0 |
| Income taxes | 3,310.0 | 5,773.0 | 3,074.0 | 3,417.0 | 4,140.0 | 15,984.0 | 6,020.0 | 5,253.0 |
| Tax rate | 20.4% | 20.7% | 20.7% | 19.4% | 20.6% | 86.6% | 32.8% | 32.4% |
| Minority interest | | | | | | | | 1.0 |
| Net income | 3.0 | 78.0 | 15.0 | 191.0 | 3,346.0 | -6,481.0 | 77.0 | -262.0 |
| Net margin | 0.0% | 0.3% | 0.1% | 1.0% | 16.2% | -30.5% | 0.4% | -1.1% |
| |
| Basic EPS | $0.00 | $0.01 | $2.56 | $33.15 | $580.70 | ($1,124.78) | $13.36 | ($45.47) |
| Diluted EPS | $0.00 | $0.01 | $2.55 | $32.41 | $567.79 | ($1,124.78) | $13.07 | ($45.47) |
| |
| Shares outstanding (basic) | 5,867.0 | 5,867.0 | 5.9 | 5.8 | 5.8 | 5.8 | 5.8 | 5.8 |
| Shares outstanding (diluted) | 5,893.0 | 5,893.0 | 5.9 | 5.9 | 5.9 | 5.8 | 5.9 | 5.8 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|