Components of Net Interest Income |
The table below presents the components of net interest income per our condensed consolidated statements of incomeTable 10.1 - Components of Net Interest Income | | | | | | | | | | | | | | | | | | | | | (In millions) | | 2Q 2025 | 2Q 2024 | 2Q 2024 | YTD 2025 | YTD 2024 | Interest income | | | | | | | Mortgage loans | | $29,901 | | $26,821 | | | $59,296 | | $53,050 | | Investment securities | | 845 | | 484 | | | 1,465 | | 954 | | Securities purchased under agreements to resell | | 1,186 | | 1,593 | | | 2,426 | | 3,125 | | Other | | 116 | | 166 | | | 226 | | 320 | | Total interest income | | 32,048 | | 29,064 | | | 63,413 | | 57,449 | | Interest expense | | | | | | | Debt of consolidated trusts | | (24,492) | | (21,634) | | | (48,551) | | (42,756) | | Debt of Freddie Mac: | | | | | | | Short-term debt | | (232) | | (260) | | | (436) | | (516) | | Long-term debt | | (2,025) | | (2,242) | | | (4,025) | | (4,490) | | Total interest expense | | (26,749) | | (24,136) | | | (53,012) | | (47,762) | | Net interest income | | 5,299 | | 4,928 | | | 10,401 | | 9,687 | | (Provision) benefit for credit losses | | (783) | | (394) | | | (1,063) | | (575) | | Net interest income after (provision) benefit for credit losses | | $4,516 | | $4,534 | | | $9,338 | | $9,112 | |
|