FHLB Cincinnati Announces 2017 EarningsFebruary 21, 2018
The Federal Home Loan Bank of Cincinnati (the FHLB) today released unaudited financial results for the year ended December 31, 2017. The FHLB expects to file its 2017 Form 10-K with the Securities and Exchange Commission on or about March 15, 2018.
Net income for 2017 was $314 million and return on average equity (ROE) was 6.15 percent. This compares to net income of $268 million and ROE of 5.35 percent for 2016. For the fourth quarter of 2017, net income was $84 million and ROE was 6.42 percent, compared to net income of $89 million and ROE of 7.15 percent for the same period of 2016.