Company: FMCCN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001026214-25-000116
Chunk: 118

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 118
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Table 1 - Summary of Consolidated Statements of Income and Comprehensive Income ChangeChange(Dollars in millions)3Q 20253Q 2024$%YTD 2025YTD 2024$%Net interest income$5,455 $4,999 $456 9 %$15,856 $14,686 $1,170 8 %Non-interest income284 839 (555)(66)1,651 2,897 (1,246)(43)Net revenues5,739 5,838 (99)(2)17,507 17,583 (76)— (Provision) benefit for credit losses(175)191 (366)NM(1,238)(384)(854)(222)Non-interest expense(2,116)(2,183)67 3 (6,362)(6,439)77 1 Income before income tax expense3,448 3,846 (398)(10)9,907 10,760 (853)(8)Income tax expense(675)(741)66 9 (1,953)(2,124)171 8 Net income2,773 3,105 (332)(11)7,954 8,636 (682)(8)Other comprehensive income (loss), net of taxes and reclassification adjustments16 62 (46)(74)71 32 39 122 Comprehensive income$2,789 $3,167 ($378)(12)%$8,025 $8,668 ($643)(7)%

Net Revenues

Net Interest Income

The table below presents the components of net interest income.

Table 2 - Components of Net Interest IncomeChangeChange(Dollars in millions)3Q 20253Q 2024$%YTD 2025YTD 2024$%Guarantee net interest income:Contractual net interest income$4,041 $3,844 $197 5 %$12,053 $11,430 $623 5 %Deferred fee income185 188 (3)(2)557 533 24 5 Total guarantee net interest income4,226 4,032 194 5 12,610 11,963 647 5 Investments net interest income1,369 1,511 (142)(9)4