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Federal Home Loan Bank Of Topeka  (FHLBTO)
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Federal Home Loan Bank Of Topeka's

Competitiveness


 

FHLBTO Sales vs. its Competitors Q4 2023



Comparing the current results to its competitors, Federal Home Loan Bank Of Topeka reported Revenue increase in the 4 quarter 2023 by 22.39 % year on year.
The revenue growth was below Federal Home Loan Bank Of Topeka's competitors' average revenue growth of 36.85 %, achieved in the same quarter.

List of FHLBTO Competitors

With a net margin of 69.16 % Federal Home Loan Bank Of Topeka achieved higher profitability than its competitors.

More on FHLBTO Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Federal Home Loan Bank Of TopekaNet Income in the 4 quarter 2023 grew year on year by 19.66%, faster than the Federal Home Loan Bank Of Topeka's competitors average income growth of 15.43 %

<<  FHLBTO Stock Performance Comparisons


Federal Home Loan Bank Of Topeka's Comment on Competitors and Industry Peers


Advances: Demand for advances is affected by, among other things, the cost of alternative sources of liquidity available to our members, including deposits from members’ customers and other sources of liquidity that are available to members. Members mostly access alternative funding other than advances through the brokered deposit market and through repurchase agreements with commercial customers. Large members may have broader access to funding through repurchase agreements with investment banks and commercial banks as well as access to the national and global credit markets. While the availability of alternative funding sources to members can influence member demand for advances, the cost of the alternative funding relative to advances is the primary consideration when accessing alternative funding. Other considerations include product availability through the FHLBank, the member’s creditworthiness, ease of execution, level of diversification, and availability of member collateral for other types of borrowings.

Mortgage Loans: We are subject to competition in purchasing conventional, conforming fixed rate residential mortgage loans and government-guaranteed residential mortgage loans. We face competition in customer service, the prices paid for these assets, and in ancillary services such as automated underwriting. The most direct competition for purchasing residential mortgage loans comes from the other housing GSEs, which also purchase conventional, conforming fixed rate mortgage loans, specifically Fannie Mae and Freddie Mac. To a lesser extent, we also compete with regional and national financial institutions that buy and/or invest in mortgage loans. Depending on market conditions, these investors may seek to hold, securitize, or sell conventional, conforming fixed rate mortgage loans. We continuously reassess our potential for success in attracting and retaining members for our mortgage loan products and services, just as we do with our advance products. We compete for the purchase of mortgage loans primarily on the basis of price, products, and services offered.

Debt Issuance: We compete with the U.S. government (including debt programs explicitly guaranteed by the U.S. government), U.S. government agencies, Fannie Mae, Freddie Mac, and other GSEs, as well as corporate, sovereign, and supranational entities for funds raised through the issuance of unsecured debt in the national and global capital markets. Collectively, Fannie Mae, Freddie Mac, and the FHLBanks are generally referred to as the housing GSEs, and the cost of the debt of each can be positively or negatively affected by political, financial, or other news that reflects upon any of the three housing GSEs. If the supply of competing debt products increases without a corresponding increase in demand, our debt costs may increase, or less debt may be issued. We compete for the issuance of debt primarily on the basis of rate, term, structure, and perceived risk of the issuer.

Derivatives: The sale of callable debt and the simultaneous execution of callable interest rate swaps with options that mirror the options in the debt have been an important source of competitive funding for us. As such, the depth of the markets for callable debt and mirror-image derivatives is an important determinant of our relative cost of funds. There is considerable competition among high-credit-quality issuers, especially among the three housing GSEs, for callable debt and for derivatives. There can be no assurance that the current breadth and depth of these markets will be sustained.





  

Overall company Market Share Q4 2023

Contrary to strong revenue growth of 22.39 % in Overall company, Federal Home Loan Bank Of Topeka has lost market share within this division.




<<  More on FHLBTO Market Share.
 
*Market share is calculated based on total revenue.





Who are Federal Home Loan Bank Of Topeka's Competitors?




Federal Agricultural Mortgage Corporation
Share Performance



0.00%
One Year



Federal Agricultural Mortgage Corporation
Profile

Federal Agricultural Mortgage Corporation, also known as Farmer Mac, operates as a government-sponsored enterprise in the United States. It provides a secondary market for agricultural real estate loans, rural utilities, and rural housing loans, by purchasing and guaranteeing them.

More about Federal Agricultural Mortgage Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 705.127 mill. $ 350.200 mill. $ 200.003 mill.


Federal Home Loan Bank Of Atlanta
Share Performance



0.00%
This Quarter



Federal Home Loan Bank Of Atlanta
Profile

The Federal Home Loan Bank of Atlanta operates as a member-owned cooperative that provides funding, liquidity, and community development assistance to its member financial institutions, fostering housing and economic growth. It achieves this by offering low-cost loans, mortgage-backed securities, and other financial services to its members, who in turn use these resources to support affordable housing initiatives and serve the credit needs of their communities.

More about Federal Home Loan Bank Of Atlanta's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 894.000 mill. $ 649.000 mill.


Federal Home Loan Bank Of Boston
Share Performance



0.00%
Over The Past 5 Days



Federal Home Loan Bank Of Boston
Profile

The Federal Home Loan Bank of Boston operates as a cooperative bank that provides wholesale lending services to its member financial institutions. It raises funds through the issuance of debt securities and uses these funds to provide low-cost loans and other financial services to member banks and credit unions to support mortgage lending, community development, and affordable housing initiatives. The bank's main objective is to promote stability and liquidity in the housing finance market while helping its members to better serve their communities.

More about Federal Home Loan Bank Of Boston's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 390.036 mill. $ 257.292 mill.


Federal Home Loan Bank Of Cincinnati
Share Performance



0.00%
One Year



Federal Home Loan Bank Of Cincinnati
Profile

Federal Home Loan Bank of Cincinnati (FHLB Cincinnati) operates as a government-sponsored enterprise that supports its member financial institutions by providing them with access to low-cost funding and other financial services. It accomplishes this by issuing debt securities and making loans to its members, including community banks, credit unions, and insurance companies. FHLB Cincinnati generates revenue primarily through interest income earned on its loan portfolio and the fees it charges for providing its services.

More about Federal Home Loan Bank Of Cincinnati's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 868.533 mill. $ 667.818 mill.


Federal Home Loan Bank Of Dallas
Share Performance



0.00%
Over The Past 5 Days



Federal Home Loan Bank Of Dallas
Profile

The Federal Home Loan Bank of Dallas operates as a cooperative, providing low-cost funding and other banking services to its member institutions for housing finance and community development. By leveraging their cooperative structure, the bank aims to support its members in meeting the housing needs of their communities and promoting economic growth in the region.

More about Federal Home Loan Bank Of Dallas's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 1,109.631 mill. $ 874.451 mill.


Federal Home Loan Bank Of Des Moines
Share Performance



0.00%
Over The Past 5 Days



Federal Home Loan Bank Of Des Moines
Profile

The Federal Home Loan Bank of Des Moines operates as a cooperative providing low-cost financial services, such as loans and credit, to member banks and financial institutions in order to promote homeownership and economic development in its region.

More about Federal Home Loan Bank Of Des Moines's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 1,290.000 mill. $ 962.000 mill.


Federal Home Loan Bank Of Indianapolis
Share Performance



0.00%
30 Days



Federal Home Loan Bank Of Indianapolis
Profile

The Federal Home Loan Bank of Indianapolis operates as a cooperative providing low-cost funding and other financial services to its member institutions, which include commercial banks, credit unions, and insurance companies, in order to promote housing and community development. Their business model revolves around providing liquidity, interest rate risk management, and other products and services to assist member institutions in meeting the housing finance needs of their communities.

More about Federal Home Loan Bank Of Indianapolis's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 541.570 mill. $ 377.436 mill.


Federal Home Loan Bank Of Pittsburgh
Share Performance



0.00%
This Quarter



Federal Home Loan Bank Of Pittsburgh
Profile

The business model of the Federal Home Loan Bank of Pittsburgh revolves around providing reliable and affordable funding to member institutions, including commercial banks, credit unions, and community development financial institutions, through the sale of shares and the use of collateralized loans and advances, in order to support the availability of housing finance and promote community development in the region.

More about Federal Home Loan Bank Of Pittsburgh's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 771.735 mill. $ 581.589 mill.


Federal Home Loan Bank Of San Francisco
Share Performance



0.00%
Over The Past 5 Days



Federal Home Loan Bank Of San Francisco
Profile

The Federal Home Loan Bank of San Francisco operates as a cooperative bank that provides credit and other banking services to member financial institutions. It funds its operations through issuing debt securities, and uses these funds to provide loans and advances to its members in order to support housing and community development. The bank's business model revolves around serving as a reliable wholesale lender to its members and promoting affordable housing and economic growth in its district.

More about Federal Home Loan Bank Of San Francisco's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 802.000 mill. $ 539.000 mill.


Federal Home Loan Mortgage Corporation
Share Performance



+153.01%
This Quarter



Federal Home Loan Mortgage Corporation
Profile

The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, operates as a government-sponsored enterprise in the United States. Its business model revolves around purchasing residential mortgages from lenders, packaging them into mortgage-backed securities, and selling them to investors. Through this process, Freddie Mac provides liquidity to the mortgage market and encourages homeownership by increasing the availability of mortgage funds.

More about Federal Home Loan Mortgage Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 5,577.600 mill. $ 20,357.000 mill. $ 10,538.000 mill.


Federal National Mortgage Association Fannie Mae
Share Performance



-16.93%
Over The Past 5 Days



Federal National Mortgage Association Fannie Mae
Profile

The business model of Federal National Mortgage Association (Fannie Mae) revolves around facilitating the flow of money into the mortgage market. Fannie Mae does this by buying mortgages from banks and other lenders, bundling them into mortgage-backed securities, and then selling these securities to investors. By doing so, Fannie Mae helps to provide liquidity to the housing market, making it easier for individuals and families to secure home loans.

More about Federal National Mortgage Association Fannie Mae's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 9,333.650 mill. $ 31,969.000 mill. $ 17,408.000 mill.



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