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 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 108,116 | 130,654 | 174,879 | 69,307 | 67,424 | 66,789 | |||
Cash and cash equivalents | 57,987 | 42,448 | 38,337 | 21,184 | 25,557 | 32,110 | |||
Short-term investments | 50,129 | 88,206 | 136,542 | 48,123 | 41,867 | 34,679 | |||
Financing receivable, accrued interest, after allowance for credit loss | 9,821 | ✕ | ✕ | ✕ | |||||
Total current assets: | 117,937 | 130,654 | 174,879 | 69,307 | 67,424 | 66,789 | |||
Noncurrent Assets | |||||||||
Deferred income tax assets | 12,911 | 12,715 | 12,947 | ✕ | ✕ | ||||
Total noncurrent assets: | 12,911 | 12,715 | 12,947 | ||||||
Other undisclosed assets | 4,174,440 | 4,085,797 | 3,797,923 | 3,434,012 | 3,350,894 | 3,278,740 | |||
TOTAL ASSETS: | 4,305,288 | 4,229,166 | 3,985,749 | 3,503,319 | 3,418,318 | 3,345,529 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Debt | 24,896 | 33,756 | |||||||
Total current liabilities: | 24,896 | 33,756 | |||||||
Noncurrent Liabilities | |||||||||
Other undisclosed liabilities | 4,245,011 | 4,181,809 | 3,960,490 | 3,488,711 | 3,387,182 | 3,315,459 | |||
Total liabilities: | 4,245,011 | 4,181,809 | 3,960,490 | 3,488,711 | 3,412,078 | 3,349,215 | |||
Equity | |||||||||
Equity, attributable to parent, including: | 60,277 | 47,357 | 25,259 | 14,608 | 6,240 | (120,835) | |||
Preferred stock | 19,130 | 19,130 | 19,130 | 19,130 | 19,130 | 19,130 | |||
Common stock | 687 | 687 | 687 | 687 | 687 | 687 | |||
Treasury stock, value | (7,400) | (7,400) | (7,400) | (7,400) | (7,400) | (7,400) | |||
Accumulated other comprehensive income | 35 | 38 | 116 | 131 | 322 | 553 | |||
Accumulated deficit | (73,011) | (85,934) | (108,110) | (118,776) | (127,335) | (133,805) | |||
Other undisclosed equity, attributable to parent | 120,836 | 120,836 | 120,836 | 120,836 | 120,836 | ||||
Other undisclosed equity | 117,149 | ||||||||
Total equity: | 60,277 | 47,357 | 25,259 | 14,608 | 6,240 | (3,686) | |||
TOTAL LIABILITIES AND EQUITY: | 4,305,288 | 4,229,166 | 3,985,749 | 3,503,319 | 3,418,318 | 3,345,529 |
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 | ||
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Revenues | 118,469 | 99,093 | 107,428 | 119,008 | 115,927 | 109,538 | ||
Net investment income | 118,469 | 99,093 | 106,597 | 117,770 | 115,483 | 108,815 | ||
Cost of revenue (Provision for Loan, Lease, and Other Losses) | (6,277) | (678) | ||||||
Gross profit: | 112,192 | 99,093 | 106,750 | 119,008 | 115,927 | 109,538 | ||
Operating expenses | (3,329) | (3,065) | (3,068) | (3,023) | (3,059) | (2,737) | ||
Other operating income, net (Noninterest Income, Other Operating Income) | 312 | 361 | 462 | 1,176 | 979 | 2,227 | ||
Operating income: | 109,175 | 96,389 | 104,144 | 117,161 | 113,847 | 109,028 | ||
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: | 18,004 | 27,653 | 14,879 | 17,577 | 20,099 | 18,447 | ||
Other undisclosed income (loss) from continuing operations before income taxes | (1,771) | 296 | ||||||
Income from continuing operations before income taxes: | 16,233 | 27,949 | 14,879 | 17,577 | 20,099 | 18,447 | ||
Income tax expense | (3,310) | (5,773) | (3,074) | (3,417) | (4,140) | (15,984) | ||
Income from continuing operations: | 12,923 | 22,176 | 11,805 | 14,160 | 15,959 | 2,463 | ||
Income before gain (loss) on sale of properties: | ✕ | ✕ | 22,176 | 11,805 | 14,160 | 15,959 | 2,463 | |
Net income attributable to parent: | 12,923 | 22,176 | 11,805 | 14,160 | 15,959 | 2,463 | ||
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: | 3 | 78 | 15 | 191 | 3,346 | (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 | ||
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Net income: | 12,923 | 22,176 | 11,805 | 14,160 | 15,959 | 2,463 | ||
Other comprehensive income (loss) | (3) | (78) | (15) | (191) | (348) | 206 | ||
Other undisclosed comprehensive loss | (412) | |||||||
Comprehensive income, net of tax, attributable to parent: | 12,920 | 22,098 | 11,790 | 13,969 | 15,611 | 2,257 |
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.