Welcome to our dedicated page for Federal Agricultural Mortgage news (Ticker: AGM), a resource for investors and traders seeking the latest updates and insights on Federal Agricultural Mortgage stock.
Federal Agricultural Mortgage Corporation reports developments tied to Farmer Mac’s role as a secondary market provider of liquidity for American agriculture and rural infrastructure. Recurring updates cover financial results, outstanding business volume, net interest income, net effective spread, credit provisions, dividends and capital deployment across agriculture, agribusiness, broadband infrastructure, power and utilities, and renewable energy markets.
Company news also includes agricultural mortgage-backed securities securitizations, investor presentations, conference-call notices, strategic-priority discussions and executive appointments. These items reflect Farmer Mac’s funding, risk management and capital-relief solutions for financial institutions serving rural and agricultural borrowers.
Farmer Mac (NYSE: AGM) appointed Nader Pasdar as Executive Vice President – Chief Business Officer, effective August 17, 2026. He will report to President and CEO Zachary N. Carpenter, who held the Chief Business Officer role until July 1, 2026.
Pasdar brings over 25 years of experience in agricultural finance, lending, capital markets, and business leadership. He previously served as CEO of Rabo Securities and Managing Director, Head of Markets North America for Rabobank, overseeing capital markets, sales, trading, business development, and compliance activities across North America.
Farmer Mac (NYSE: AGM) announced that its Board of Directors has declared a third quarter 2026 dividend of $1.60 per share on each of its three common stock classes (Class A, Class B, Class C). The dividend is payable on September 30, 2026 to shareholders of record as of September 15, 2026.
The Board also declared quarterly dividends on six series of preferred stock, ranging from $0.3046875 to $0.4296875 per share for the period from July 17, 2026 to October 17, 2026. These preferred dividends are payable to holders of record on October 1, 2026, on the business day following October 17, 2026.
Farmer Mac (NYSE: AGM) reported second quarter 2026 net income attributable to common stockholders of $58.9 million, or $5.41 per diluted share, up 21% year-over-year. Net interest income rose 22% to $118.1 million and non-GAAP net effective spread increased 25% to a record $117.4 million.
Record outstanding business volume reached $37.2 billion, up 22% year-over-year, with $4.0 billion of liquidity and lending capacity provided to rural-focused lenders. Core earnings were a record $58.8 million, or $5.40 per diluted share, up 24%. Total core capital was $1.9 billion with a Tier 1 capital ratio of 13.2% as of June 30, 2026.
Farmer Mac issued $100.0 million of 6.875% Series I non-cumulative preferred stock, expanding preferred equity. Segment growth included Farm & Ranch business volume of $22.0 billion (21% YoY growth) and strong gains in Renewable Energy (55% YoY) and Broadband Infrastructure (58% YoY).
Farmer Mac (NYSE: AGM, AGM.A) will release its financial results for the fiscal quarter ended June 30, 2026 on Thursday, July 30, 2026, after the close of equity markets. Management will host an earnings conference call the same day at 4:30 p.m. Eastern time.
Investors can access the call by dialing (888) 880-3330 domestically or (646) 357-8766 internationally and requesting the "Farmer Mac Earnings Conference Call," or via webcast at Farmer Mac's investor relations events and presentations page. A replay will be available on the company's website following the call.
Farmer Mac (NYSE: AGM) set July 1, 2026 as the effective date for President and COO Zachary N. Carpenter to become CEO, succeeding Bradford T. Nordholm.
Nordholm becomes senior advisor and CEO Emeritus through September 30, 2026. Under his tenure, annual earnings doubled and business volume exceeded $34 billion.
Farmer Mac (NYSE:AGM) declared a dividend on its recently issued 6.875% Non-Cumulative Preferred Stock, Series I (AGM.PR.I). The dividend is $0.2769097 per share for the period from May 19, 2026 to July 17, 2026, payable July 17, 2026 to holders of record on July 1, 2026.
Farmer Mac (NYSE:AGM) declared a Q2 2026 common dividend of $1.60 per share on its Class A, Class B, and Class C common stock, payable June 30, 2026 to holders of record on June 15, 2026.
The board also declared quarterly dividends on five preferred series, payable July 17, 2026 to holders of record on July 1, 2026.
Farmer Mac (NYSE: AGM) priced a $100 million public offering of 6.875% non-cumulative perpetual Series I preferred stock, par value $25 per share, qualifying as Tier 1 capital. The deal is expected to close on May 19, 2026, with planned NYSE listing under symbol AGM PRI.
Dividends will be non-cumulative at a fixed 6.875% rate annually, if and when declared. The preferred has no maturity, and Farmer Mac may redeem it on any dividend payment date on or after July 17, 2031. Net proceeds are intended for general corporate purposes.
Farmer Mac (NYSE: AGM) reported first quarter 2026 results for the period ended March 31, 2026. Key metrics: record outstanding business volume $34.8B (+17% YoY), provided $3.4B liquidity, net interest income $101.4M (+11% YoY), net income attributable to common $51.8M ($4.75 diluted EPS), and Tier 1 Capital Ratio 13.0%.
Core earnings and net effective spread rose ~13% YoY; portfolio growth was broad-based across Farm & Ranch, power, renewable energy, and broadband segments.
Farmer Mac (NYSE: AGM) will release first quarter 2026 financial results for the fiscal quarter ended March 31, 2026, on May 5, 2026 after market close. A conference call to discuss results is scheduled the same day at 4:30 p.m. ET, accessible by phone and webcast.
The live call will be available by domestic and international dial-in and via webcast, and will be replayed on Farmer Mac's investor website.