Fannie Mae net income rises to $4.2B in Q3 2026

B.Riley cut its price target for Fannie Mae (FNMA) to $4.50 from $7.00, citing valuation concerns, while maintaining a Buy rating. The stock is down 60% YTD. Q3 2026 revenue was $7.65B, beating estimates, with EPS of $0.71. Net income rose 5% QoQ and 8% YoY. Texas Capital initiated coverage with a Hold rating and $7.00 target, noting conservatorship uncertainty.

Fannie Mae (FNMA) reported Q3 2026 earnings, noting $344B in liquidity provided to the mortgage market, aiding 1.2M households. The company anticipates higher multifamily delinquencies due to rising rates. Net worth grew to $119B, according to management.

Fannie Mae reported Q3 2026 net income of $4.2B, up 5% QoQ and 8% YoY, with net revenues of $7.7B, the highest since 2023. Despite a $1.1B credit provision, guaranty fee income exceeded $6B. Higher interest rates impacted credit costs and acquisition volumes, while portfolio income benefited from higher yields. Management highlighted resilience but cautioned about elevated rates' dual impact.

Fannie Mae (FNMA) reported Q3 revenue and net income growth, driven by higher net interest income. Analysts' revenue estimates were surpassed, but comprehensive income fell due to unrealized losses on U.S. Treasury securities. According to the company, higher rates benefited net interest income.

Federal National Mortgage Association (FNMA) reported Q3 GAAP EPS of $0.18 and revenue of $7.65B, exceeding estimates by $370M. Revenue grew 4.7% year-over-year. The company's return on average required CET1 capital rose to 11.1% from 10.8% in Q2 2026.

Fannie Mae reported Q3 2026 net income of $4.2B, up from $4.0B in Q2, with net revenues of $7.7B. Net worth increased 3% to $119.6B. The company attributed changes to fair value gains and higher credit-loss provisions. The single-family serious delinquency rate remained at 0.62%.