Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 116

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 116
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Table 1 - Summary of Consolidated Statements of Income and Comprehensive IncomeChangeChange(Dollars in millions)2Q 20252Q 2024$%YTD 2025YTD 2024$%Net interest income$5,299 $4,928 $371 8 %$10,401 $9,687 $714 7 %Non-interest income617 1,060 (443)(42)1,367 2,058 (691)(34)Net revenues5,916 5,988 (72)(1)11,768 11,745 23 — (Provision) benefit for credit losses(783)(394)(389)(99)(1,063)(575)(488)(85)Non-interest expense(2,158)(2,134)(24)(1)(4,246)(4,256)10 — Income before income tax expense2,975 3,460 (485)(14)6,459 6,914 (455)(7)Income tax expense(588)(695)107 15 (1,278)(1,383)105 8 Net income2,387 2,765 (378)(14)5,181 5,531 (350)(6)Other comprehensive income (loss), net of taxes and reclassification adjustments21 (5)26 NM55 (30)85 NMComprehensive income$2,408 $2,760 ($352)(13)%$5,236 $5,501 ($265)(5)%

Net Revenues

Net Interest Income

The table below presents the components of net interest income.

Table 2 - Components of Net Interest Income ChangeChange(Dollars in millions)2Q 20252Q 2024$%YTD 2025YTD 2024$%Guarantee net interest income:Contractual net interest income$4,031 $3,814 $217 6 %$8,012 $7,586 $426 6 %Deferred fee income182 179 3 2 372 345 27 8 Total guarantee net interest income4,213 3,993 220 6 8,384 7,931 453 6 Investments net interest income1,374 1,570 (196)(12)2,671 3,084