Federal Home Loan Bank of Atlanta Reports $126 Million Third-Quarter Net Income and Declares 6.20% Dividend

Federal Home Loan Bank of Atlanta reported third-quarter 2026 net income of $126 million, a decrease of $29 million from the same period in 2025, and declared a quarterly cash dividend at an annualized rate of 6.20 percent. The bank released the preliminary figures on October 22, 2026, according to GlobeNewswire.

FHLBank Atlanta's Third-Quarter Results and Dividend

Net interest income for the quarter ended September 30, 2026, was $183 million, down $29 million from $212 million a year earlier. The bank attributed the decline primarily to lower interest rates, which affected interest-earning assets more than interest-bearing liabilities, and to a decrease in average advance balances, partly offset by higher average investment balances.

Average advance balances were $95.2 billion, a decrease of $7.6 billion from $102.8 billion in the same period of 2025. The net yield on interest-earning assets was 47 basis points, compared with 53 basis points a year earlier, while average daily SOFR was 3.67 percent against 4.33 percent. Annualized return on average equity was 5.71 percent, down from 6.95 percent.

Total assets stood at $166.7 billion as of September 30, 2026, an increase of $20.5 billion from December 31, 2025. Advances outstanding were $105.2 billion, up $10.2 billion, and investment balances totaled $60.3 billion, up $10.3 billion. Total capital was $9.3 billion, an increase of $645 million, and the bank said it was in compliance with all applicable regulatory capital and liquidity requirements.

"Throughout the third quarter, FHLBank Atlanta remained well positioned to meet member liquidity needs while advancing our housing and community investment mission," said FHLBank Atlanta Chair of the Board, Thornwell Dunlap. "Our solid financial results support a competitive dividend and reflect our continued focus on delivering value to our members."

The dividend will be calculated on members' capital stock held during the third quarter and credited to their daily investment accounts at the close of business on October 27, 2026. FHLBank Atlanta is a cooperative whose members include commercial banks, credit unions, savings institutions, community development financial institutions and insurance companies across eight states and the District of Columbia, and is one of 11 district banks in the Federal Home Loan Bank System, according to its website.

Earlier FHLBank Atlanta Developments

In September 2026, FHLBank Atlanta selected ACI Connetic for payment processing on its Fedwire Funds Service, with ACI operating the platform as a service while the bank handles payment operations, ATM Marketplace reported. In July 2026, the bank announced executive leadership changes effective August 10, 2026, including promotions and role expansions under new CEO Reggie O'Shields, who took the helm in January, FinancialContent Business Page reported. Also in July 2026, FHLBank Atlanta reported second-quarter net income of $127 million, down $14 million from a year earlier, GlobeNewswire reported.

Fannie Mae and Freddie Mac Downgrade

Mizuho downgraded Fannie Mae and Freddie Mac to Neutral from Buy on October 12, 2026, citing a receding privatization timeline by 2028, Seeking Alpha reported. Rising mortgage rates and increased mortgage purchases by the Federal Housing Finance Agency are expected to slow capital accumulation, pushing full capitalization later. On October 15, 2026, Moody's Ratings affirmed Housing and Urban Development Corp Ltd's Baa3 local and foreign currency issuer ratings with a stable outlook, TradingView reported.

FHLBank Atlanta's Next Filing

The bank said it expects to file its Form 10-Q for the third quarter of 2026 with the Securities and Exchange Commission on or about November 5, 2026.