Fannie Mae posts $4.2 billion Q3 2026 net income, net worth above $119 billion
Fannie Mae reported third‑quarter 2026 net income of $4.2 billion, up 5 % from the prior quarter and 8 % year‑over‑year. Net revenues reached $7.7 billion, the highest level since 2023, while net worth rose to more than $119 billion. A credit‑loss provision of $1.1 billion was recorded, and the single‑family serious delinquency rate held at 0.62 %. Management highlighted the resilience of the guaranty‑fee model but warned that elevated interest rates are increasing credit costs and could suppress future acquisition volumes.
Why it matters
The company’s earnings beat and net‑worth growth signal continued profitability for investors, but the larger credit‑loss provision and higher delinquency rates indicate rising credit risk that could affect future cash flows (as noted by management in the earnings call).
Key facts
- 1Net income was $4.2 billion, up 5 % quarter‑over‑quarter and 8 % year‑over‑year. tradingview.com
- 2Net revenues were $7.7 billion, the highest since 2023. tradingview.com
- 3Net worth increased to $119.6 billion at quarter‑end. tradingview.com
- 4The credit‑loss provision for the quarter was $1.1 billion. finance.biggo.com
- 5Single‑family serious delinquency rate was 0.62 % as of Sept. 30. tradingview.com
- 6Fannie Mae provided $103 billion in mortgage‑market liquidity during the quarter. housingwire.com
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.