LOGO
LOGO

Quick Facts

Fannie Mae Profit Declines In Q3

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Federal National Mortgage Association (FNMA), Wednesday reported third-quarter financial results, posting a net income of $3.86 billion compared to $4.04 billion in the previous year.

On per share basis, earnings stood at $0, which was in line with previous year's figures.

Analysts, on average, estimated earnings of $0.68 per share for the quarter.

Net revenues amounted to $7.3 billion compared to last year's $7.34 billion.

Net interest income declined to $7.184 billion from $7.275 billion in the prior year quarter.

Monday, FNMA closed at $11.50, down 0.35 percent on the OTC Markets.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

RELATED NEWS
Latest Updates on COVID-19