Third Quarter 2024 Dividend & Earnings Release
last updated on Friday, October 25, 2024 in Finance News
The Board of Directors approved a third quarter 2024 dividend to be paid at an annualized rate of 9.50 percent on average activity-based stock, and 6.00 percent on average membership stock, unchanged from the prior quarter. The Federal Home Loan Bank of Des Moines expects to make dividend payments totaling $137 million on November 13, 2024.
On October 25, 2025, FHLB Des Moines released preliminary unaudited financial highlights for the third quarter ended September 30, 2024. The financial results reported in this earnings release for the third quarter of 2024 are preliminary until the Bank announces unaudited financial results in its Third Quarter 2024 Form 10-Q filed with the Securities and Exchange Commission, expected to be available next month at www.fhlbdm.com and www.sec.gov in November.
Please refer to the Bank's earnings release for more information.
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- Earnings Release