FHLB Cincinnati announces 2020 resultsFebruary 23, 2021
The Federal Home Loan Bank of Cincinnati (the FHLB) today released unaudited financial results for the year ended December 31, 2020.
Net income for 2020 was $276 million and return on average equity (ROE) was 5.78 percent. This compares to net income of $276 million and return on average equity (ROE) of 5.65 percent in 2019. For the fourth quarter of 2020, net income was $40 million and ROE was 3.93 percent, compared to net income of $76 million and ROE of 6.64 percent for the same period of 2019.
See the full release and results here.