
Fannie Mae earned $3.7 billion in net income for Q1 2026, increasing net worth to $112.7 billion, while net revenues remained steady at $7.3 billion. Administrative expenses fell 19% from the prior quarter.
Bullish
Fannie Mae reported $3.7 billion in net income, its 33rd consecutive quarterly profit, driven by lower administrative expenses and a significant increase in net worth to $112.7 billion.
Bearish
Fannie Mae experienced a decline in multifamily acquisition volume to $17.1 billion and an increase in its multifamily serious delinquency rate to 0.78%, leading to higher credit loss provisions.