Federal Home Loan Bank of Des Moines
07/24/2026 | Press release | Distributed by Public on 07/24/2026 09:28
Second Quarter 2026 Dividend & Earnings Release
Second Quarter 2026 Dividend & Earnings Release
last updated on Friday, July 24, 2026 in Finance News
Today, the Federal Home Loan Bank of Des Moines (the Bank) released preliminary financial highlights for the second quarter ended June 30, 2026. The financial results reported in this earnings release for the second quarter of 2026 are preliminary until the Bank announces unaudited financial results in its 2026 Form 10-Q filed with the Securities and Exchange Commission, expected to be available next month at https://www.fhlbdm.com and https://www.sec.gov.
The Board of Directors approved a second 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, an increase from the prior quarter. The Federal Home Loan Bank of Des Moines (the Bank) expects to make dividend payments totaling $189 million on August 11, 2026.
Second Quarter 2026 Highlights
- Net income of $251 million
- Affordable Housing Program (AHP) assessments of $28 million
- Voluntary housing and community contributions of $30 million
- Advances totaled $124.5 billion
- Mortgage loans held for portfolio, net totaled $15.5 billion
- Letters of credit totaled $21.0 billion
- Retained earnings totaled $4.0 billion
Please refer to the Bank's earnings release for more information.
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