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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) reported exceptional second quarter 2025 results, with record-breaking performance across key metrics. The company's total outstanding business volume surpassed $30 billion for the first time, while providing $2.1 billion in rural America lending capacity.
Key financial highlights include: net income up 22% year-over-year to $49.2 million, core earnings growth of 19% to $47.4 million ($4.32 per diluted share), and net effective spread increase of 12% to $93.9 million. The company maintained a strong capital position with $1.6 billion in total core capital, exceeding statutory requirements by 63%.
Additionally, Farmer Mac announced an increase in its share repurchase program authorization to $50.0 million of outstanding Class C non-voting common stock, extended through August 2027.
Farmer Mac (NYSE: AGM), the nation's secondary market provider for agricultural and rural infrastructure financing, will release its Q2 2025 financial results on August 7, 2025, after market close. The company will host a conference call at 4:30 p.m. ET the same day to discuss the results.
Farmer Mac plays a crucial role in providing liquidity to agricultural and infrastructure businesses across rural America, offering solutions for financial institutions' growth, liquidity, risk management, and capital relief needs in diverse markets including agriculture, agribusiness, broadband infrastructure, power and utilities, and renewable energy.
Farmer Mac (NYSE: AGM) announced that Executive Vice President, Chief Financial Officer & Treasurer Aparna Ramesh will resign effective July 31, 2025 to become CEO of the Federal Home Loan Banks Office of Finance.
Ramesh, who joined Farmer Mac in 2020, has been credited with strengthening the company's financial foundation and advancing its securitization program. The company plans to initiate a nationwide search for her successor through an executive search firm.
Farmer Mac, as the nation's secondary market provider, focuses on increasing financing accessibility and providing liquidity for American agriculture and rural infrastructure, supporting various sectors including agriculture, broadband infrastructure, power and utilities, and renewable energy.
Farmer Mac (NYSE: AGM) has announced its quarterly dividend declarations for both common and preferred stock. The company will pay a $1.50 per share dividend for all three classes of common stock, payable on June 30, 2025, to shareholders of record as of June 16, 2025.
Additionally, Farmer Mac declared dividends for its four classes of preferred stock: Series D at $0.35625 per share (5.700%), Series E at $0.359375 per share (5.750%), Series F at $0.328125 per share (5.250%), and Series G at $0.3046875 per share (4.875%). These preferred stock dividends cover the period from April 17, 2025, to July 17, 2025, and will be paid on July 17, 2025, to shareholders of record as of July 1, 2025.
Farmer Mac (NYSE: AGM) reported strong Q1 2025 financial results, delivering record performance across key metrics. The company achieved net interest income of $90.9 million, up 5% year-over-year, and record core earnings of $46.0 million ($4.19 per diluted share), representing 6% growth from the previous year.
The company provided $1.8 billion in liquidity and lending capacity to rural American lenders. Farmer Mac maintained a robust capital position with total core capital of $1.5 billion, exceeding statutory requirements by 65%, and a Tier 1 Capital Ratio of 13.9%. The company's strong performance was attributed to its diversified revenue streams, disciplined asset-liability management, and resilient business model.
Farmer Mac (NYSE: AGM), the Federal Agricultural Mortgage , has scheduled the release of its first quarter 2025 financial results on Friday, May 9, 2025, before market open. The company will host a conference call at 8:30 a.m. eastern time to discuss the results.
Farmer Mac operates as the nation's secondary market provider, enhancing financing accessibility and delivering essential liquidity for American agriculture and rural infrastructure. The company offers solutions for financial institutions' growth, liquidity, risk management, and capital relief needs across various sectors including agriculture, agribusiness, broadband infrastructure, power and utilities, and renewable energy.
Farmer Mac (NYSE: AGM and AGM.A), the nation's secondary market provider for agricultural and rural infrastructure financing, has appointed Daniel L. Shaw of Edgar, Nebraska to its board of directors. Shaw replaces Roy H. Tiarks, who passed away in February 2025.
Shaw brings significant agricultural and board experience, having owned Shaw Farms since 1975 and previously served on Farmer Mac's Board from 2019-2021. He also held board positions at AgriBank Farm Credit Bank (2014-2021) and Farm Credit Services of America (2007-2014). Currently serving as chair of the Edgar Township Board, Shaw joins four other Class B voting common stock board members, alongside five Class A voting members and five presidential appointees.
Farmer Mac (NYSE: AGM) has reported strong financial results for 2024, with notable growth in key metrics. Net interest income increased 8% year-over-year to $353.9 million, while net effective spread grew 4% to $339.6 million. The company achieved net income attributable to common stockholders of $180.4 million, up from $172.8 million in the previous year.
The company's financial position remains robust with total core capital of $1.5 billion and a Tier 1 Capital Ratio of 14.2% as of December 31, 2024. The Board of Directors approved a 7% increase in the quarterly dividend to $1.50 per share, marking the fourteenth consecutive annual increase. The company maintained strong liquidity with 264 days of coverage.
President and CEO Brad Nordholm expressed optimism about the company's position, highlighting its strong liquidity, capital levels, diversified business mix, and risk management practices as key factors supporting their mission to strengthen Rural America's economic framework.
Farmer Mac (NYSE: AGM), the Federal Agricultural Mortgage , has scheduled the release of its Q4 and full-year 2024 financial results for Friday, February 21, 2025, before market open. The company will host a conference call at 8:30 a.m. eastern time to discuss the results.
Farmer Mac operates as the nation's secondary market provider, enhancing financing accessibility and liquidity for American agriculture and rural infrastructure. The company supports rural America by offering solutions for financial institutions' growth, liquidity, risk management, and capital relief needs across various sectors including agriculture, agribusiness, broadband infrastructure, power and utilities, and renewable energy.