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Federal Agricultural Mortgage Corporation - $AGM.A STOCK NEWS

Welcome to our dedicated page for Federal Agricultural Mortgage Corporation news (Ticker: $AGM.A), a resource for investors and traders seeking the latest updates and insights on Federal Agricultural Mortgage Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Federal Agricultural Mortgage Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Federal Agricultural Mortgage Corporation's position in the market.

Rhea-AI Summary
Farmer Mac announces record revenue and earnings for Q2 2023
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0.61%
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Farmer Mac (AGM, AGM.A) to Release Q2 2023 Financial Results on August 7, 2023
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0.65%
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Rhea-AI Summary
The Federal Agricultural Mortgage Corporation (Farmer Mac) announced its results for the fiscal quarter ended March 31, 2023, with new all-time records achieved for revenue, earnings, and net effective spread. Highlights include $1.7 billion of gross business volume added, 21% growth in net interest income, and a 33% increase in net effective spread. The company maintained a strong capital position and closed a structured securitization transaction involving approximately $300 million of agricultural mortgage loans.
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Federal Agricultural Mortgage Corporation

NYSE:AGM.A

AGM.A Rankings

AGM.A Stock Data

1.56B
1.03M
Savings Institutions
Finance and Insurance
Link
United States of America
WASHINGTON

About AGM.A

The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, publicly traded company that was chartered by the United States federal government in 1988 to serve as a secondary market in agricultural loans such as mortgages for agricultural real estate and rural housing.