Federal National Mortgage Association Fannie Mae (FNMAK) Non Operating Interest Expenses (2009 - 2024)
Federal National Mortgage Association Fannie Mae's (FNMAK) quarterly Non Operating Interest Expenses came in at $29.8 billion in Q1 2024, up 11.17% year-over-year from $26.8 billion in Q2 2023, and up 3.9% quarter-over-quarter from $28.7 billion in Q4 2023.
Analysis
Federal National Mortgage Association Fannie Mae (FNMAK) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
Federal National Mortgage Association Fannie Mae (FNMAK) has reported Non Operating Interest Expenses for 16 consecutive years, with $29.8 billion the latest figure, recorded in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 11.17% year-over-year to $29.8 billion in Q1 2024; TTM through Mar 2024 was $113.9 billion, a 16.59% increase from a year earlier, with the FY2023 full-year figure at $110.9 billion, up 22.08% from the prior year.
- Non Operating Interest Expenses was $29.8 billion for Q1 2024 at Federal National Mortgage Association Fannie Mae, up from $28.7 billion in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $29.8 billion in Q1 2024 and troughed at $16.8 billion in Q1 2021.
- A 5-year average of $22.6 billion and a median of $21.6 billion in 2022 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses tumbled 30.15% in 2021 and surged 38.63% in 2022, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $17.7 billion in 2020, then climbed by 4.09% to $18.4 billion in 2021, then surged by 38.63% to $25.6 billion in 2022, then climbed by 12.12% to $28.7 billion in 2023, then climbed by 3.9% to $29.8 billion in 2024.
- The last three Non Operating Interest Expenses figures came in at $29.8 billion (Q1 2024), $28.7 billion (Q4 2023), and $28.2 billion (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Federal National Mortgage Association Fannie Mae | 79.20 Bn | 79.20 Bn | - | - |
| 2 | Rocket Companies | 52.80 Bn | 49.70 Bn | - | 374.00 Mn |
| 3 | Figure Technology Solutions | 8.04 Bn | 6.51 Bn | 196.67 Mn | - |
| 4 | PennyMac Financial Services | 3.81 Bn | 3.06 Bn | 480.08 Mn | 18.35 Mn |
| 5 | Federal Agricultural Mortgage | 2.47 Bn | 1.43 Bn | - | - |
| 6 | UWM Holdings | 2.36 Bn | 2.71 Bn | - | - |
| 7 | CNFinance Holdings | 1.51 Bn | 1.51 Bn | - | - |
| 8 | Walker & Dunlop | 1.42 Bn | 1.27 Bn | - | 37.90 Mn |
| 9 | Velocity Financial | 725.75 Mn | -6.72 Bn | - | 93.57 Mn |
| 10 | loanDepot | 338.91 Mn | 159.79 Mn | - | 41.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 29.78 Bn |
| Dec 31, 2023 | 28.66 Bn |
| Sep 30, 2023 | 28.20 Bn |
| Jun 30, 2023 | 27.31 Bn |
| Mar 31, 2023 | 26.78 Bn |
| Dec 31, 2022 | 25.56 Bn |
| Sep 30, 2022 | 23.73 Bn |
| Jun 30, 2022 | 21.65 Bn |
| Mar 31, 2022 | 19.94 Bn |
| Dec 31, 2021 | 18.44 Bn |
| Sep 30, 2021 | 18.01 Bn |
| Jun 30, 2021 | 16.82 Bn |
| Mar 31, 2021 | 16.82 Bn |
| Dec 31, 2020 | 17.71 Bn |
| Sep 30, 2020 | 19.40 Bn |
| Jun 30, 2020 | 21.51 Bn |
| Mar 31, 2020 | 24.08 Bn |
| Dec 31, 2019 | 23.58 Bn |
| Sep 30, 2019 | 24.41 Bn |
| Jun 30, 2019 | 25.06 Bn |