Federal National Mortgage Association Fannie Mae (FNMA) Financial Statements (2024 and earlier)

Company Profile

Business Address MIDTOWN CENTER
WASHINGTON, DC 20005
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 6111 - Federal and Federally-Sponsored Credit Agencies (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments108,116130,654174,87969,30767,42466,789
Cash and cash equivalents57,98742,44838,33721,18425,55732,110
Short-term investments50,12988,206136,54248,12341,86734,679
Financing receivable, accrued interest, after allowance for credit loss9,821  
Total current assets:117,937130,654174,87969,30767,42466,789
Noncurrent Assets
Deferred income tax assets12,91112,71512,947 
Total noncurrent assets:12,91112,71512,947   
Other undisclosed assets4,174,4404,085,7973,797,9233,434,0123,350,8943,278,740
TOTAL ASSETS:4,305,2884,229,1663,985,7493,503,3193,418,3183,345,529
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt     24,89633,756
Total current liabilities:     24,89633,756
Noncurrent Liabilities
Other undisclosed liabilities4,245,0114,181,8093,960,4903,488,7113,387,1823,315,459
Total liabilities:4,245,0114,181,8093,960,4903,488,7113,412,0783,349,215
Equity
Equity, attributable to parent, including:60,27747,35725,25914,6086,240(120,835)
Preferred stock19,13019,13019,13019,13019,13019,130
Common stock687687687687687687
Treasury stock, value(7,400)(7,400)(7,400)(7,400)(7,400)(7,400)
Accumulated other comprehensive income3538116131322553
Accumulated deficit(73,011)(85,934)(108,110)(118,776)(127,335)(133,805)
Other undisclosed equity, attributable to parent120,836120,836120,836120,836120,836 
Other undisclosed equity      117,149
Total equity:60,27747,35725,25914,6086,240(3,686)
TOTAL LIABILITIES AND EQUITY:4,305,2884,229,1663,985,7493,503,3193,418,3183,345,529

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues118,46999,093107,428119,008115,927109,538
Net investment income118,46999,093106,597117,770115,483108,815
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(6,277) (678)   
Gross profit:112,19299,093106,750119,008115,927109,538
Operating expenses(3,329)(3,065)(3,068)(3,023)(3,059)(2,737)
Other operating income, net
(Noninterest Income, Other Operating Income)
3123614621,1769792,227
Operating income:109,17596,389104,144117,161113,847109,028
Nonoperating income (expense)
(Investment Income, Nonoperating)
(297)1,352   642
Interest and debt expense(90,874)(70,088)(82,703)(98,610)(96,098)(89,123)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes   (6,562)(974)2,350(2,100)
Income from continuing operations before equity method investments, income taxes:18,00427,65314,87917,57720,09918,447
Other undisclosed income (loss) from continuing operations before income taxes(1,771)296    
Income from continuing operations before income taxes:16,23327,94914,87917,57720,09918,447
Income tax expense(3,310)(5,773)(3,074)(3,417)(4,140)(15,984)
Income from continuing operations:12,92322,17611,80514,16015,9592,463
Income before gain (loss) on sale of properties:22,17611,80514,16015,9592,463
Net income attributable to parent:12,92322,17611,80514,16015,9592,463
Preferred stock dividends and other adjustments(12,920)(22,098)(11,790)(13,969)(12,613)(8,944)
Net income (loss) available to common stockholders, diluted:378151913,346(6,481)

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:12,92322,17611,80514,16015,9592,463
Other comprehensive income (loss)(3)(78)(15)(191)(348)206
Other undisclosed comprehensive loss      (412)
Comprehensive income, net of tax, attributable to parent:12,92022,09811,79013,96915,6112,257

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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