FHLB Cincinnati announces 2021 results

The Federal Home Loan Bank of Cincinnati (the FHLB) released unaudited financial results for the year ended December 31, 2021.

Net income for 2021 was $42 million and ROE was 1.08 percent, compared to net income of $276 million and ROE of 5.78 percent for 2020. For the fourth quarter of 2021, net income was $17 million and return on average equity (ROE) was 1.81 percent, compared to net income of $40 million and ROE of 3.93 percent for the same period of 2020.

See the full release and results here.