US-listed companies
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE

FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAEFNMA

Market cap

$1.5B

P/E ratio

0.1x

Income statement Balance sheet Cash flow

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Investments in securities	-	-	-	-	-	-	-	-	-	-	-	-	1,828	4,158
Mortgage loans	-	-	-	-	112,120	107,699	104,642	108,319	114,605	116,764	106,316	98,930	117,813	133,234
Other	146	117	196	175	110	143	243	496	136	163	135	142	656	2,322
Total interest income	154,270	142,943	129,190	117,549	114,405	109,442	106,021	109,856	117,049	119,572	107,569	99,675	120,297	139,714
Short-term debt	-	310	152	131	94	146	206	250	468	501	182	4	76	672
Long-term debt	-	123,352	107,537	95,014	94,343	87,887	84,520	88,873	95,630	98,109	82,521	70,084	90,798	110,269
Total interest expense	137,861	123,662	107,689	95,145	94,437	88,033	84,726	89,123	96,098	98,610	82,703	70,088	90,874	110,941
Net interest income	16,409	19,281	21,501	22,404	19,968	21,409	21,295	20,733	20,951	20,962	24,866	29,587	29,423	28,773
Benefit (provision) for credit losses	24,896	26,718	-852	-8,949	-3,964	-795	-2,155	-2,041	-3,309	-4,011	678	-5,130	6,277	-1,670
Net interest income after benefit (provision) for credit losses	-8,293	-6,633	22,353	31,353	23,932	22,204	23,450	22,774	24,260	24,973	24,188	34,717	23,146	30,443
Gain (Loss) on Investments	346	-	-	-	-	-	-	-	-	-	-	1,352	-297	-53
Fair value gain (losses), net	-	-	-	-	-	-	-	-	-	-	-	155	1,284	1,304
Fee and other income	-	1,163	1,487	3,930	5,887	1,348	966	2,227	979	1,176	462	361	312	275
Non-interest income	-445	-5,492	-1,960	8,147	2,056	917	1,141	2,538	3,052	732	-1,132	1,868	1,299	1,526
Salaries and employee benefits	1,277	1,236	1,195	1,218	1,321	1,319	1,336	1,328	1,451	1,486	1,554	1,493	1,671	1,906
Professional services	-	736	766	910	1,076	984	955	933	1,032	967	921	817	850	850
Other administrative expenses	208	219	218	228	177	565	264	476	576	570	593	755	808	848
Total administrative expenses	-	2,370	2,367	2,545	2,777	3,050	2,741	2,737	3,059	3,023	3,068	3,065	3,329	3,604
TCCA fees	-	-	-	-	-	-	-	-	2,284	2,432	2,673	3,071	3,369	3,431
Credit enhancement expense	-	-	-	-	-	-	-	-	-	-	1,361	1,051	1,323	1,512
Change in expected credit enhancement recoveries	-	-	-	-	-	-	-	-	-	-	-233	194	-727	193
Other expenses, net	853	866	1,060	226	544	613	1,028	1,511	1,253	2,158	1,131	1,222	918	1,273
Total expenses	5,362	4,820	3,173	933	4,838	6,913	6,258	6,865	7,213	8,128	8,177	8,636	8,212	10,013
Income before federal income taxes	-14,100	-16,945	17,220	38,567	21,150	16,208	18,333	18,447	20,099	17,577	14,879	27,949	16,233	21,956
Provision for federal income taxes	-	-	-	-45,415	6,941	5,253	6,020	15,984	4,140	3,417	3,074	5,773	3,310	4,548
Net income	-14,014	-16,855	17,224	83,982	14,209	10,955	12,313	2,463	15,959	14,160	11,805	22,176	12,923	17,408
Other comprehensive loss	-	-	1,619	819	530	-326	-648	206	-348	-191	-15	-78	-3	-3
Total comprehensive income	-	-16,408	18,843	84,782	14,738	10,628	11,665	2,257	15,611	13,969	11,790	22,098	12,920	17,405
Dividends distributed or amounts attributable to senior preferred stock	7,704	-	-	85,419	15,323	11,216	12,236	8,944	12,613	13,969	11,790	22,098	12,920	17,405
Net income attributable to common stockholders, basic	-21,718	-26,469	1,397	-1,456	-1,115	-262	77	-6,481	3,346	191	15	78	3	3
Net income attributable to common stockholders, diluted	-	-	-	-	-	-	-	-	-	-	-	-	3	3
Earnings Per Share, Basic	-3.81	-	0.24	-0.25	-0.19	-	-	-1.12	0.58	0.03	-	0.01	-	-
Earnings Per Share, Diluted	-	-	0.24	-0.25	-0.19	-	0.01	-1.12	0.57	0.03	-	0.01	-	-