Welcome to our dedicated page for Federal Agric Mtg news (Ticker: AGM), a resource for investors and traders seeking the latest updates and insights on Federal Agric Mtg stock.
Federal Agricultural Mortgage Corp (AGM), known as Farmer Mac, provides essential secondary market liquidity for agricultural and rural infrastructure financing. This page serves as the definitive source for official company announcements, financial updates, and strategic developments.
Investors and stakeholders will find timely information on AGM's core operations across Farm & Ranch lending, rural broadband initiatives, and renewable energy financing. The curated collection includes earnings reports, regulatory filings, partnership announcements, and market expansion updates.
All content reflects AGM's role as a government-sponsored enterprise enhancing rural credit accessibility. Users can track developments in agricultural mortgage-backed securities, risk management practices, and sector-specific financial innovations.
Bookmark this page for direct access to primary source materials supporting informed analysis of rural credit markets and AGM's strategic positioning within this specialized financial ecosystem.
The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A) announced that it would release its financial results for the first quarter ended March 31, 2023, on May 9, 2023, after equity market close. A conference call to discuss these results is scheduled for 4:30 p.m. ET on the same day. Farmer Mac aims to enhance financing accessibility for American agriculture and rural infrastructure, serving as a critical component in agricultural credit markets. The company provides various financial solutions to agricultural lenders and businesses, prioritizing low-cost financing and risk management tools.
On February 23, 2023, Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM, AGM.A) announced the completion of a
The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM, AGM.A) will announce its financial results for the fourth quarter and full year ended December 31, 2022, on February 24, 2023, prior to market opening. A conference call to discuss these results is scheduled for 8:30 AM Eastern Time on the same day. Farmer Mac is a key player in agricultural credit markets, aiming to enhance financing access for American agriculture and rural infrastructure.
The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM, AGM.A) reported strong Q3 2022 results with a net income of $34.6 million, up 21% year-over-year, translating to $3.18 per diluted share. The company added $2.7 billion in gross business volume, leading to a total of $25.3 billion. Net interest income increased by $8.9 million to $67.9 million, while core earnings grew to $33.4 million ($3.07 per diluted share), a 21% increase from the previous year. Delinquencies remained low at 0.17%, reflecting a healthy portfolio.
Farmer Mac (NYSE: AGM, AGM.A) is set to announce its financial results for Q3 2022, ending September 30, 2022, on November 7, 2022, after market close. The announcement will be followed by a conference call at 4:30 p.m. ET to discuss the results. As a key player in agricultural credit markets, Farmer Mac aims to enhance credit availability and affordability for rural areas, providing financial solutions that support agricultural lenders and agribusinesses.
Farmer Mac (NYSE: AGM, AGM.A) announced the successful closing of a $301.1 million agricultural mortgage-backed securitization (AMBS), identified as FARM 2022-1. This transaction involved a pool of 450 agricultural mortgage loans and aims to enhance credit availability for rural America. The deal comprises a $278.5 million senior tranche and a $22.6 million subordinate tranche. CEO Brad Nordholm highlighted the significance of this securitization in diversifying funding sources and generating new revenue streams.
The Federal Agricultural Mortgage Corporation (Farmer Mac; AGM, AGM.A) reported strong financial results for Q2 2022, highlighting a net income of $39.1 million, up from $25.4 million year-over-year. The company added $1.9 billion in gross business volume, reaching a total of $24.5 billion. Net interest income rose by 26% to $69.4 million, while core earnings increased by 3% to $30.7 million, or $2.83 per diluted share. Notably, 90-day delinquencies stood at 0.08% of the portfolio, reflecting solid credit quality amid economic uncertainty.
FAQ
What is the current stock price of Federal Agric Mtg (AGM)?
What is the market cap of Federal Agric Mtg (AGM)?
