Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 160

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 160
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 of this Form 10-Q, and we undertake no obligation to update any forward-looking statements we make to reflect events or circumstances occurring after the date of this Form 10-Q.

Freddie Mac 2Q 2025 Form 10-Q43

Financial Statements

Financial Statements

Freddie Mac 2Q 2025 Form 10-Q44

Financial StatementsCondensed Consolidated Statements of Income and Comprehensive Income

FREDDIE MAC 

Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) (In millions, except share-related amounts)2Q 20252Q 2024YTD 2025YTD 2024Net interest incomeInterest income$32,048 $29,064 $63,413 $57,449 Interest expense(26,749)(24,136)(53,012)(47,762)Net interest income5,299 4,928 10,401 9,687 Non-interest incomeGuarantee income398 383 838 879 Investment gains, net119 549 311 954 Other income100 128 218 225 Non-interest income617 1,060 1,367 2,058 Net revenues5,916 5,988 11,768 11,745 (Provision) benefit for credit losses(783)(394)(1,063)(575)Non-interest expenseSalaries and employee benefits(453)(420)(876)(841)Professional services, technology, and occupancy(295)(269)(548)(540)Credit enhancement expense(511)(588)(1,051)(1,185)Legislative and regulatory assessments(825)(802)(1,642)(1,589)Other expense(74)(55)(129)(101)Non-interest expense(2,158)(2,134)(4,246)(4,256)Income before income tax expense2,975 3,460 6,459 6,914 Income tax expense(588)(695)(1,278)(1,383)Net income 2,387 2,765 5,181 5,531 Other comprehensive income (loss), net of taxes and reclassification adjustments21 (5)55 (30)Comprehensive income $2,408 $2,760 $5,236 $5,501 Net income $2,387 $2,765 $5,181 $5,531