Company: FMCCN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001026214-25-000116
Chunk: 47

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 15
Chunk 47
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 2024 Annual Report, including in the MD&A section.

Forward-looking statements are made only as of the date 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 3Q 2025 Form 10-Q43

Financial Statements

Financial Statements

Freddie Mac 3Q 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)3Q 20253Q 2024YTD 2025YTD 2024Net interest incomeInterest income$32,975 $29,809 $96,388 $87,258 Interest expense(27,520)(24,810)(80,532)(72,572)Net interest income5,455 4,999 15,856 14,686 Non-interest incomeGuarantee income377 487 1,215 1,366 Investment gains (losses), net(237)243 74 1,197 Other income144 109 362 334 Non-interest income284 839 1,651 2,897 Net revenues5,739 5,838 17,507 17,583 (Provision) benefit for credit losses(175)191 (1,238)(384)Non-interest expenseSalaries and employee benefits(423)(424)(1,299)(1,265)Professional services, technology, and occupancy(293)(289)(841)(829)Credit enhancement expense(489)(616)(1,540)(1,801)Legislative and regulatory assessments(839)(814)(2,481)(2,403)Other expense(72)(40)(201)(141)Non-interest expense(2,116)(2,183)(6,362)(6,439)Income before income tax expense3,448 3,846 9,907 10,760 Income tax expense(675)(741)(1,953)(2,124)Net income 2,773 3,105 7,954 8,636 Other comprehensive income (loss), net of taxes and reclassification adjustments16 62 71 32 Comprehensive income $2,789 $3,167