First Quarter 2026 Dividend & Earnings Release

First Quarter 2026 Dividend & Earnings Release

last updated on Friday, April 24, 2026 in Finance News

The Board of Directors approved a first quarter 2026 dividend to be paid at an annualized rate of 9.75% on average activity-based stock and 6.00% 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 $167 million on May 12, 2026.

On April 24, 2026, FHLB Des Moines released preliminary unaudited financial highlights for the first quarter ended March 31, 2026. The financial results reported in this earnings release for the first quarter of 2026 are preliminary until the Bank announces unaudited financial results in its First Quarter 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.

First Quarter 2026 Highlights

• Net income of $236 million
• Affordable Housing Program (AHP) assessments of $26 million
• Voluntary housing and community contributions of $25 million
• Advances totaled $127.0 billion
• Mortgage loans held for portfolio, net totaled $14.9 billion
• Letters of credit totaled $18.6 billion
• Retained earnings totaled $3.9 billion

Please refer to the Bank's earnings release for more information.

1. Dividend
2. Earnings Release