Mortgage guarantor Fannie Mae (FNMA.OB) posted second-quarter net income attributable to the company of $5.11 billion, compared with a loss of $2.89 billion last year. Net profit attributable to common stockholders was $2.185 billion, as against a $5.175 billion loss a year before.
Quarterly earnings per share amounted to $0.37, versus a loss of $0.90 in the prior-year quarter.
Net revenues for the 2012 second quarter rose to $5.82 billion from $5.24 billion in the comparable period in 2011.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.