Federal Agric Mtg Corp Stock Price, News & Analysis

Farmer Mac (NYSE: AGM) completed a $313.5 million agricultural mortgage-backed securitization (FARM Series 2025-2) on Dec. 3, 2025, pooling 343 agricultural mortgage loans with an aggregate principal balance of approximately $313.5 million.

The deal includes a $290.0 million senior tranche guaranteed by Farmer Mac and a $23.5 million unguaranteed subordinate tranche. The senior offering was structured into three guaranteed classes — A, A-1, and A-2 — to provide differing principal repayment cashflows and broaden investor options. Bank-led syndicate and law firms served as bookrunners and counsel.

Farmer Mac (NYSE:AGM) declared quarterly dividends for common and preferred shares on Nov 5, 2025. The board set a $1.50 per share quarterly dividend for each class of common stock (Class A AGM.A, Class B unlisted, Class C AGM), payable Dec 31, 2025 to holders of record as of Dec 15, 2025.

Farmer Mac also declared preferred dividends for five series: $0.35625 (Series D, AGM.PR.D), $0.359375 (Series E, AGM.PR.E), $0.328125 (Series F, AGM.PR.F), $0.3046875 (Series G, AGM.PR.G) and $0.40625 (Series H, AGM.PR.H), covering the period >Oct 17, 2025 to <=Jan 17, 2026. Preferred dividends are payable Jan 17, 2026 to holders of record as of Jan 2, 2026.

Farmer Mac (NYSE: AGM) reported third quarter fiscal 2025 results for the quarter ended September 30, 2025, highlighting record net effective spread and record core earnings. Key metrics: $31.1 billion outstanding business volume, $98.5 million net interest income (+13% YoY), net income attributable to common stockholders of $48.7 million, and record core earnings of $49.6 million or $4.52 per diluted common share (+10% YoY). Capital and liquidity: total core capital of $1.7 billion (75% above statutory requirement), Tier 1 Capital Ratio 13.9%, 317 days of liquidity, and a $100 million Series H preferred offering issued.

Farmer Mac (NYSE: AGM and AGM.A) will release third quarter fiscal 2025 financial results for the period ended September 30, 2025, on Monday, November 3, 2025 after the close of equity markets.

A live conference call to discuss results is scheduled the same day at 4:30 p.m. Eastern Time. Participants may join by telephone (Domestic: (800) 836-8184; International: (646) 357-8785) or by webcast at https://www.farmermac.com/investors/events-presentations/. The call will be available live and as a replay on Farmer Mac's investor website.

Farmer Mac (NYSE: AGM) announced significant leadership changes, with current CEO Bradford T. Nordholm planning to retire on March 31, 2027. The company has appointed Zachary N. Carpenter as President and Chief Operating Officer, effective immediately, who will succeed Nordholm as CEO upon his retirement.

Under Nordholm's leadership since 2018, Farmer Mac has achieved remarkable growth, doubling annual earnings and expanding business volume to over $30 billion. Carpenter, who joined in 2019, has been instrumental in diversifying the company's portfolio into new areas including Renewable Energy, Broadband Infrastructure, and Corporate Agribusiness, while strengthening stakeholder relationships.

The succession decision follows a comprehensive year-long evaluation process by the Board, considering both internal and external candidates.

Farmer Mac (NYSE: AGM) has announced a dividend declaration for its 6.500% Non-Cumulative Preferred Stock, Series H. The company will pay a dividend of $0.2347222 per share for the period from August 25, 2025, to October 17, 2025.

The dividend will be payable on October 17, 2025, to shareholders of record as of October 1, 2025. This announcement follows previous dividend declarations for the company's common stock (Class A, B, and C) and other preferred stock series (D, E, F, and G) announced on August 14, 2025.

Farmer Mac (NYSE: AGM) has announced the pricing of $100 million of Tier 1 capital through a public offering of 6.500% non-cumulative perpetual Series H preferred stock. The preferred stock will have a par value of $25.00 per share and will be listed on the NYSE under the symbol "AGM PRH".

The Series H preferred stock will carry a fixed dividend rate of 6.500% per year, subject to board declaration, with no maturity date. Farmer Mac retains the option to redeem the preferred stock on any dividend payment date after October 17, 2030. The offering is expected to close on August 25, 2025, with RBC Capital Markets serving as the Sole Book-Running Manager.

Farmer Mac (NYSE: AGM) has announced a significant leadership transition in its legal department. Geraldine Hayhurst will join as Executive Vice President – Chief Legal Officer and Secretary on September 8, 2025, while current General Counsel Stephen Mullery will retire on April 3, 2026 after 25 years of service.

Hayhurst brings over two decades of legal experience, most recently serving at CoStar Group and NewPoint Real Estate Capital. Her background includes significant roles at Freddie Mac and the SEC. Mullery, who joined Farmer Mac in 2000 and became General Counsel in 2012, will stay on as an advisor to ensure a smooth transition.

Farmer Mac (NYSE: AGM) has declared quarterly dividends for both its common and preferred stock classes. The company announced a $1.50 per share dividend for all three classes of common stock, payable on September 30, 2025, to shareholders of record as of September 15, 2025.

Additionally, the company declared dividends for its four preferred stock series: Series D at $0.35625, Series E at $0.359375, Series F at $0.328125, and Series G at $0.3046875 per share. These preferred dividends will be paid on October 17, 2025, to shareholders of record as of October 1, 2025.