Federal Home Loan Bank of Des Moines
10/23/2026 | Press release | Distributed by Public on 10/23/2026 09:14
Third Quarter 2026 Dividend & Earnings Release
Third Quarter 2026 Dividend & Earnings Release
last updated on Friday, October 23, 2026 in Finance News
Today, the Federal Home Loan Bank of Des Moines (the Bank) released preliminary financial highlights for the third quarter ended September 30, 2026. The financial results reported in this earnings release for the third quarter of 2026 are preliminary until the Bank announces unaudited financial results in its Third Quarter 2026 Form 10-Q filed with the Securities and Exchange Commission, expected to be available next month at www.fhlbdm.com and www.sec.gov.
The Board of Directors approved a third quarter 2026 dividend to be paid at an annualized rate of 9.95% on average activity-based stock and 6.95% on average membership stock, unchanged from the prior quarter. The Federal Home Loan Bank of Des Moines (the Bank) expects to make dividend payments totaling $194 million on November 10, 2026.
Third Quarter Highlights
- Net income of $200 million
- Affordable Housing Program (AHP) assessments of $23 million
- Voluntary housing and community contributions of $54 million
- Advances totaled $136.1 billion
- Mortgage loans held for portfolio, net totaled $16.0 billion
- Letters of credit totaled $21.1 billion
- Retained earnings totaled $4.0 billion
Please refer to the Bank's earnings release for more information.
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