Fannie Mae Reports Net Income of $12.9 Billion for 2022 and $1.4 Billion for Fourth Quarter 2022
Fannie Mae (OTCQB: FNMA) reported a net income of $12.9 billion for 2022, with a fourth-quarter income of $1.4 billion.
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Rhea-AI Summary
Fannie Mae (OTCQB: FNMA) reported a net income of $12.9 billion for 2022, with a fourth-quarter income of $1.4 billion. The financial results are detailed in its 2022 Form 10-K filed with the SEC on February 14, 2023. The filing includes consolidated financial statements for the year ending December 31, 2022. Fannie Mae has also scheduled a conference call to discuss the results at 8:00 a.m. ET on the same day. Investors can find related documents and further details on Fannie Mae’s website.
Positive
- Net income for 2022 was $12.9 billion, indicating profitability.
- Fourth-quarter net income reached $1.4 billion.
Negative
- None.
Details
News Market Reaction – FNMA
The recorded move for FNMA in the trading session of this news was -3.04%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
- Press release reporting fourth quarter and full-year 2022 financial results
Fannie Mae's Form 10-K for the year endedDecember 31, 2022 - Q4 and Full-Year 2022 Financial Supplement
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View original content:https://www.prnewswire.com/news-releases/fannie-mae-reports-net-income-of-12-9-billion-for-2022-and-1-4-billion-for-fourth-quarter-2022--301746286.html
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