Federal National Mortgage Association Fannie Mae (FNMA) Interest Income - Fed Funds (2017 - 2026)
Federal National Mortgage Association Fannie Mae's Interest Income - Fed Funds was $548 million in Q2 2026, down 40.7% from $924 million a year earlier and down 13.0% from the prior quarter.
Federal National Mortgage Association Fannie Mae (FNMA) Interest Income - Fed Funds (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Federal National Mortgage Association Fannie Mae's Interest Income - Fed Funds was $2.74 billion through Jun 30, 2026, down 26.3% year-over-year; for FY2025, it came in at $3.35 billion, down 19.6% from FY2024.
- Interest Income - Fed Funds shows a five-year compound annual growth rate of 87.2% (FY2020 to FY2025).
- In earlier years, Interest Income - Fed Funds was $4.17 billion in FY2024 (-5.8%), $4.43 billion in FY2023 and $21 million in FY2021 (-85.6%).
- The Q2 2026 figure marks the lowest quarterly Interest Income - Fed Funds since Q3 2022.
- Compared with a year earlier, Interest Income - Fed Funds has declined for four straight quarters, with an average decline of 26.3% over the last four quarters.
- The best year-over-year quarter for Interest Income - Fed Funds over five years was Q2 2022 (growth of 600.0%); the worst was Q3 2021 (a decline of 64.3%).
- Per Business Quant data, FNMA's Interest Income - Fed Funds in the three quarters before Q2 2026 was $630 million (Q1 2026), $714 million (Q4 2025) and $844 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Orix | 41.16 Bn | 9.88 Bn | 4.68 Bn |
| 2 | Rocket Companies | 30.82 Bn | 16.49 Bn | - |
| 3 | Affirm Holdings | 26.11 Bn | 19.80 Bn | - |
| 4 | Royalty Pharma | 25.16 Bn | 22.13 Bn | - |
| 5 | Synchrony Financial | 24.39 Bn | -43.58 Bn | - |
| 6 | Federal National Mortgage Association Fannie Mae | 20.07 Bn | 20.07 Bn | - |
| 7 | Royal Gold | 19.83 Bn | 19.01 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 13.45 Bn | 4.49 Bn | - |
| 9 | Ares Capital | 13.34 Bn | 10.77 Bn | - |
| 10 | Federal Home Loan Mortgage | 10.15 Bn | -8.59 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 548.00 Mn |
| Mar 31, 2026 | 630.00 Mn |
| Dec 31, 2025 | 714.00 Mn |
| Sep 30, 2025 | 844.00 Mn |
| Jun 30, 2025 | 924.00 Mn |
| Mar 31, 2025 | 872.00 Mn |
| Dec 31, 2024 | 857.00 Mn |
| Sep 30, 2024 | 1.06 Bn |
| Sep 30, 2022 | 171.00 Mn |
| Jun 30, 2022 | 28.00 Mn |
| Mar 31, 2022 | 6.00 Mn |
| Dec 31, 2021 | 4.00 Mn |
| Sep 30, 2021 | 5.00 Mn |
| Jun 30, 2021 | 4.00 Mn |
| Mar 31, 2021 | 8.00 Mn |
| Dec 31, 2020 | 11.00 Mn |
| Sep 30, 2020 | 14.00 Mn |
| Jun 30, 2020 | 14.00 Mn |
| Mar 31, 2020 | 107.00 Mn |
| Dec 31, 2019 | 145.00 Mn |
Federal National Mortgage Association Fannie Mae Interest Income - Fed Funds API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-income-fed-funds&ticker=FNMA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-income-fed-funds", "ticker": "FNMA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-income-fed-funds&ticker=FNMA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();