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Federal National Mortgage Association 5.375 Conv Pref Series 2004-I
Previous close
$25,300.00
Day range
$31,100.00 - $31,100.00
Year range
$6,150.00 - $31,500.00
Market cap
3.55B USD
Avg Volume
10.00
P/E ratio
-
Dividend yield
-
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 7.41B | -15.41% |
Operating expense | 2.06B | -10.25% |
Net income | 4.04B | -13.94% |
Net profit margin | 54.55 | 1.73% |
Earnings per share | 0.00 | — |
EBITDA | — | — |
Effective tax rate | 19.97% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 56.49B | -21.11% |
Total assets | 4.33T | 0.12% |
Total liabilities | 4.24T | -0.27% |
Total equity | 90.53B | — |
Shares outstanding | 5.74B | — |
Price to book | -2.94K | — |
Return on assets | 0.37% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 4.04B | -13.94% |
Cash from operations | -6.76B | -287.57% |
Cash from investing | 45.08B | 26.71% |
Cash from financing | -39.86B | -8.27% |
Net change in cash | -1.54B | -165.19% |
Free cash flow | — | — |
About
The Federal National Mortgage Association, commonly known as Fannie Mae, is a United States government-sponsored enterprise and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal, the corporation's purpose is to expand the secondary mortgage market by securitizing mortgage loans in the form of mortgage-backed securities, allowing lenders to reinvest their assets into more lending and in effect increasing the number of lenders in the mortgage market by reducing the reliance on locally based savings and loan associations. Its brother organization is the Federal Home Loan Mortgage Corporation, better known as Freddie Mac.
In 2024, with over $4.3 trillion in assets, Fannie Mae is the largest company in the United States and the fifth largest company in the world, by assets. Fannie Mae was ranked number 27 on the Fortune 500 rankings of the largest United States corporations by total revenue and was ranked number 58 on the Fortune Global 500 rankings of the largest global corporations by total revenue. In terms of profit, Fannie Mae is the 15th most profitable company in the United States and the 33rd most profitable in the world. Wikipedia
Founded
1938
Headquarters
Website
Employees
8,100
