Federal Home Loan Bank of Des Moines Reports Q2 2026 Results, Raises Dividends

What Happened

• On July 24, 2026, the Federal Home Loan Bank of Des Moines filed an 8-K to announce its financial results for the quarter ended June 30, 2026, and to declare a cash dividend for the second quarter of 2026. The Bank issued a news release describing the results and the dividend (attached as Exhibit 99.1).

Key Details

• Dividend announced (annualized rates): 9.95% for activity-based capital stock and 6.95% for membership capital stock.
• Dividend applies to average activity-based and average membership capital stock outstanding during Q2 2026.
• Announcement date: July 24, 2026; reporting period: quarter ended June 30, 2026.
• The dividend rates represent an increase from the prior quarter (as stated in the release).

Why It Matters

• For member institutions and holders of the Bank’s capital stock, the higher cash dividend increases the return on capital for Q2 2026.
• The filing signals the Bank’s decision to distribute earnings as cash to stockholders for the quarter; detailed financial results and context for the dividend are provided in the attached news release (Exhibit 99.1).