FHLB Cincinnati announces 2022 results

The Federal Home Loan Bank of Cincinnati (the FHLB) released unaudited financial results for the year ended December 31, 2022.

Net income for 2022 was $252 million and ROE was 4.78 percent, compared to net income of $42 million and ROE of 1.08 percent for 2021. For the fourth quarter, net income was $104 million and return on average equity (ROE) was 6.64 percent. This compares to net income of $17 million and ROE of 1.81 percent for the same period of 2021.

See the full release and results here.