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Federal National Mortgage Association Fannie Mae Net Income

: $19,092 Mil (TTM As of Jun. 2022)
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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Federal National Mortgage Association Fannie Mae's net income for the three months ended in Jun. 2022 was $4,653 Mil. Its net income for the trailing twelve months (TTM) ended in Jun. 2022 was $19,092 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Federal National Mortgage Association Fannie Mae's Earnings per Share (Diluted) for the three months ended in Jun. 2022 was $0.00.


Federal National Mortgage Association Fannie Mae Net Income Historical Data

The historical data trend for Federal National Mortgage Association Fannie Mae's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Federal National Mortgage Association Fannie Mae Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,463.00 15,959.00 14,160.00 11,805.00 22,176.00

Federal National Mortgage Association Fannie Mae Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Net Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,152.00 4,842.00 5,189.00 4,408.00 4,653.00

Federal National Mortgage Association Fannie Mae Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Federal National Mortgage Association Fannie Mae's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=27949+-5773+0+0
=22,176

Federal National Mortgage Association Fannie Mae's Net Income for the quarter that ended in Jun. 2022 is calculated as

Net Income(Q: Jun. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=5875+-1222+0+0
=4,653

Net Income for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $19,092 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Federal National Mortgage Association Fannie Mae  (OTCPK:FNMA) Net Income Explanation

Net income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Federal National Mortgage Association Fannie Mae's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2022 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Federal National Mortgage Association Fannie Mae Net Income Related Terms

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Federal National Mortgage Association Fannie Mae Business Description

Federal National Mortgage Association Fannie Mae logo
Address
1100 15th Street, NW, Midtown Center, Washington, DC, USA, 20005
Federal National Mortgage Association Fannie Mae is a nonbank financial services company. Its objective is to tear down barriers, lower costs, and increase the opportunities for homeownership and affordable rental housing for all Americans. The company operates in the secondary mortgage market by purchasing mortgage loans and mortgage-related securities, from mortgage market institutions, such as commercial banks, savings and loan associations, mortgage banking companies, securities dealers, and other investors. It has two business segments namely Single-Family and Multifamily. Most of the revenue is derived from the Single-Family segment.
Executives
Brammer Andrew M officer: VP & Interim CRO C/O FANNIE MAE 110015TH STREET, NW WASHINGTON DC 20005
Holmberg James L officer: SVP & Controller C/O FANNIE MAE 1100 15TH STREET, NW WASHINGTON DC 20005
Evans H. Malloy Iii officer: EVP-Single-family C/O FANNIE MAE, 1100 15TH STREET NW WASHINGTON DC 20005
Johnson Simon H R director C/O FANNIE MAE, 1100 15TH STREET NW WASHINGTON DC 20005
Brummer Christopher J director C/O FANNIE MAE, 1100 15TH STREET NW WASHINGTON DC 20005
Evans Michele M officer: EVP--Multifamily C/O FANNIE MAE, 1100 15TH STREET NW WASHINGTON DC 20005
Bair Sheila Colleen director 6903 ROCKLEDGE DRIVE, SUITE 1500 BETHESDA MD 20817
Theologides Stergios officer: EVP, GC & Corporate Secretary CORELOGIC, INC. 40 PACIFICA, SUITE 900 IRVINE CA 92618
Kimbrough Karin director C/O FANNIE MAE 1100 15TH STREET NW WASHINGTON DC 20005
Mcelhennon Stephen H officer: interim GC C/O FANNIE MAE 1100 15TH STREET, NW WASHINGTON DC 20005
Sanchez Rodriquez Manuel director C/O FANNIE MAE 1100 15TH STREET, NW WASHINGTON DC 20005
Brown Celeste M officer: EVP & CFO C/O EVERCORE INC. 55 EAST 52ND STREET NEW YORK NY 10055
Jenkins Antony P director C/O FANNIE MAE 3900 WISCONSIN AVENUE, NW WASHINGTON DC 20016
Forlines John S officer: SVP& Interim Chief Risk Off. C/O FANNIE MAE 1100 15TH STREET, NW WASHINGTON DC 20005
Halley Chryssa C officer: SVP & Controller C/O FANNIE MAE, 3900 WISCONSIN AVENUE,NW WASHINGTON DC 20016

Federal National Mortgage Association Fannie Mae Headlines

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