Freddie Mac (FMCC.PK), Thursday announced financial results for the fourth quarter, reporting a net income of $2,777 million compared to $3,222 million in the previous year, primarily due to lower net revenues.
Net revenues declined to $5,764 million from last year's $6,329 million, driven by lower non-interest income, partially offset by higher net interest income.
Comprehensive income for the quarter amounted to $2,784 million compared to $3,185 million in the prior year.
Freddie Mac's stock closed at $7.37, up 1.52 percent on the OTC Markets.
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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.