FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE (FNMA) Form 8-K — Oct 28, 2026
Fannie Mae earned $4.2 billion in net income in Q3 2026, up 5% from $4.0 billion in Q2 and 8% year over year, with net revenues rising to $7.7 billion and net worth growing 13% YoY to $119.6 billion. The quarter's headwind was credit: the provision for credit losses jumped to $1.1 billion from $485 million in Q2, driven by higher rates on the single-family side and weakening multifamily credit metrics, with multifamily net income down 32% year over year. Serious delinquency rates ticked up to 0.62% in both segments.
Key figures
- Eps
- 0.18
- Revenue
- 7651000000
- Net Income
- 4177000000
- Revenue Yoy
- 5%
- Total Assets
- 4317887000000
- Cash Position
- 10918000000
- Net worth
- $119.6 billion (up 13% YoY)
- Guaranty book
- $4.1 trillion
- Liquidity provided
- $103 billion
- Cet1 capital deficit
- $30 billion
- Credit loss provision
- $1.14 billion (vs $485M in 2Q26)
- Multifamily net income
- $535 million (down 32% QoQ)
- Illustrative cet1 return
- 11.1%
- Single family net income
- $3,642 million
- Shares outstanding common
- 1158087567
- Multifamily serious delinquency
- 0.62%
- Single family serious delinquency
- 0.62%
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