Federal National Mortgage Association Fannie Mae (FNMA) Investment Banking Income (2017 - 2025)
Federal National Mortgage Association Fannie Mae (FNMA) posted quarterly Investment Banking Income of $3.0 million for Q4 2025, down 86.36% year-over-year from $22.0 million in Q4 2024, and up 142.86% quarter-over-quarter from -$7.0 million in Q3 2025.
Federal National Mortgage Association Fannie Mae (FNMA) Investment Banking Income (2017 - 2025) Analysis & Trends
Federal National Mortgage Association Fannie Mae (FNMA) has reported Investment Banking Income for 9 consecutive years, with $3.0 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Investment Banking Income fell 86.36% year-over-year to $3.0 million; the TTM figure through Jun 2026 stood at $3.0 million (down 89.66% YoY), while the FY2025 annual figure was $3.0 million, down 91.43% from the prior year.
- Investment Banking Income advanced to $3.0 million in Q4 2025 per FNMA's latest filing, from -$7.0 million in the prior quarter.
- Across five years, Investment Banking Income topped out at $669.0 million in Q4 2021 and bottomed at -$7.0 million in Q4 2023.
- Historically, Investment Banking Income has averaged $119.9 million across 5 years, with a median of $17.0 million in 2023.
- Annual changes were most pronounced in 2021 — Investment Banking Income surged 1532.5% — and 2023, when it sank 120.0%.
- Federal National Mortgage Association Fannie Mae's Investment Banking Income stood at $669.0 million in 2021, then sank by 94.77% to $35.0 million in 2022, then slumped by 120.0% to -$7.0 million in 2023, then jumped by 414.29% to $22.0 million in 2024, then sank by 86.36% to $3.0 million in 2025.
- Business Quant data shows FNMA's Investment Banking Income at $3.0 million in Q4 2025, -$7.0 million in Q3 2025, and $7.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Investment Banking Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 39.55 Bn | 36.45 Bn | - | - |
| 2 | Federal National Mortgage Association Fannie Mae | 36.61 Bn | 36.61 Bn | - | - |
| 3 | Federal Home Loan Mortgage | 18.43 Bn | 14.11 Bn | - | - |
| 4 | PennyMac Financial Services | 3.90 Bn | 3.15 Bn | 480.08 Mn | 280.32 Mn |
| 5 | CNFinance Holdings | 1.52 Bn | 1.45 Bn | - | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | - |
| 7 | Velocity Financial | 711.47 Mn | -6.74 Bn | - | - |
| 8 | UWM Holdings | 472.54 Mn | -25.87 Mn | - | - |
| 9 | Onity | 303.25 Mn | 106.95 Mn | - | - |
| 10 | loanDepot | 205.70 Mn | -105.44 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.00 Mn |
| Sep 30, 2025 | -7.00 Mn |
| Jun 30, 2025 | 7.00 Mn |
| Dec 31, 2024 | 22.00 Mn |
| Jun 30, 2024 | 8.00 Mn |
| Mar 31, 2024 | 5.00 Mn |
| Dec 31, 2023 | -7.00 Mn |
| Mar 31, 2023 | 17.00 Mn |
| Dec 31, 2022 | 35.00 Mn |
| Sep 30, 2022 | 20.00 Mn |
| Jun 30, 2022 | 71.00 Mn |
| Dec 31, 2021 | 669.00 Mn |
| Sep 30, 2021 | 300.00 Mn |
| Jun 30, 2021 | 653.00 Mn |
| Mar 31, 2021 | 2.00 Mn |
| Dec 31, 2020 | 367.00 Mn |
| Sep 30, 2020 | 424.00 Mn |
| Jun 30, 2020 | 40.00 Mn |
| Dec 31, 2019 | 734.00 Mn |
| Sep 30, 2019 | 184.00 Mn |