12 of 500
Fannie Mae
Fannie Mae
12
Financials: Latest Results
Rank: 12
Previous rank: 8
CEO: Timothy J. Mayopoulos

Housing bounced back in 2012, as did Fannie Mae. The government-controlled mortgage giant posted record profits of $17.2 billion and made it through the year -- the first since 2008 -- without new government bailout funds. That’s because housing prices jumped 8% last year while delinquencies continued to fall. It’s a turnaround story so rosy that CEO Tim Mayopoulos expects Fannie Mae to be “profitable for the foreseeable future,” and the government projects it will actually benefit from the bailout it gave the mortgage giant by 2023. (The entity has paid back $35.6 billion of $116 billion so far). The outlook has left some observers wondering whether this year’s fortunes will erode ambitions -- borne out of the financial crisis -- to overhaul the agency.

Headquarters:
3900 Wisconsin Ave. N.W.
Washington, DC. 20016
202-752-7000
Website: www.fanniemae.com
Network with Fannie Mae
Key financials
$ millions
% change from 2011
Revenues
127,230
-7.4
Profits
17,220
N.A.
Assets
3,222,422
Stockholder's equity
7,183
Market cap (on 3/29/2013)
793.3
Profits as % of
Revenues
13.5
Assets
0.5
Stockholders' equity
239.7
Earnings per share
2012$
0.24
% change from 2011
N.A.
2002-2012 annual growth rate %
-25.5
Total return to investors
%
2012
26.7
2002-2012 annual rate
-41.5
From the May 20, 2013 issue

Notes:
Company's senior preferred stock is owned by the U.S. Treasury, which also holds a warrant to purchase 79.9% of the common stock.
What do you think of Fannie Mae?
Companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency. More
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.