National Rural Utilities Cooperative Finance Corporation reports news about CFC, a nonprofit finance cooperative created and owned by America’s electric cooperative network to serve its member-owners. Recurring updates cover fiscal-year financial results, investor conference calls and webcasts, and the filing of Form 10-Q and Form 10-K reports tied to those results.
CFC news also includes cooperative-sector analysis such as the Key Ratio Trend Analysis, an annual report that tracks financial and operational ratios for electric distribution cooperatives and related benchmarking through KRTA Pro.
The National Rural Utilities Cooperative Finance Corporation (CFC) will host an investor conference call on April 18, 2023, at 10 a.m. EDT. CEO Andrew Don will present a business update, while CFO Ling Wang will discuss the third-quarter financial results for fiscal year 2023. Investors can access the event via a live webcast or a conference call. Pre-registration is encouraged for the webcast, and a replay will be available on the CFC’s website post-event. CFC, a nonprofit finance cooperative with $34 billion in assets, is committed to serving America's electric cooperative network.
The National Rural Utilities Cooperative Finance Corporation (CFC) will host an investor conference call on January 18, 2023, at 11 a.m. ET. CEO Andrew Don will present a business update, while CFO Ling Wang will discuss the fiscal year 2023 second-quarter financial results. Investors can join the live webcast via CFC's Webcasts & Presentations page, with pre-registration available. A replay will be accessible after the event. Additionally, CFC filed its Form 10-Q for the period ending November 30, 2022, on January 13, 2023. CFC has $33 billion in assets and serves the needs of America’s electric cooperative network.
The National Rural Utilities Cooperative Finance Corporation (CFC) will conduct an investor conference call on October 19, 2022, at 11 a.m. Eastern Time. CFC CEO Andrew Don and CFO Ling Wang will discuss the business update and review financial results for the first quarter of fiscal year 2023. Investors can access the event via a live webcast or a conference call. The event follows the filing of CFC's Form 10-Q for the period ending August 31, 2022, with the SEC on October 13. CFC, a nonprofit finance cooperative, has $32 billion in assets.
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The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on August 9, 2022, at 3 p.m. ET. CFC CEO Andrew Don will present a business update, while CFO Ling Wang will review the fiscal year 2022 financial results. Investors can access the event via a live webcast or a conference call. A replay will be available afterward. The Form 10-K for the period ending May 31, 2022, is set to be filed with the SEC today. CFC, a nonprofit cooperative with $30 billion in assets, provides financial services to its member-owners.
The National Rural Utilities Cooperative Finance Corporation (CFC) released its 2021 Key Ratio Trend Analysis (KRTA), highlighting strong financial performance among electric distribution cooperatives. Coverage ratios improved, with the Times Interest Earned Ratio (TIER) rising from 2.80 to 2.95 and equity as a percentage of assets increasing to 45.97%. Consumer growth exceeded 1%, the highest in over a decade, with 93% of cooperatives reporting increases. Investment in utility plant grew by 3.95%, and accounts receivable and write-offs declined to pre-pandemic levels.
The National Rural Utilities Cooperative Finance Corporation (CFC) is set to host an investor conference call on April 19, 2022, at 3 p.m. ET. CEO Andrew Don will present a business update, while CFO Ling Wang will share the third-quarter financial results for fiscal year 2022. Participants can join via a live webcast or conference call, with details available on CFC's investor relations page. A replay of the call will be accessible afterward. CFC, a nonprofit cooperative with $30 billion in assets, continues to provide financial services to America's electric cooperative network.
The National Rural Utilities Cooperative Finance Corporation (CFC) will host an investor conference call on January 25, 2022, at 4 p.m. ET. CEO Andrew Don will present a business update, and CFO Ling Wang will discuss the fiscal Q2 2022 financial results. Investors can access the event via a live webcast or a conference call, with details provided on CFC's investor relations page. A replay of the webcast will be available afterward. CFC, a nonprofit cooperative with $30 billion in assets, serves America's electric cooperative network.
The National Rural Utilities Cooperative Finance Corporation (CFC) has appointed Mark Snowden as senior vice president for strategic services. With nearly 25 years of experience in the electric cooperative sector, Snowden aims to enhance CFC's offerings for its utility members. CFC CEO Andrew Don expressed excitement about Snowden's leadership and vision, noting his extensive background in finance and as a trustee for various electric cooperative boards. CFC, a nonprofit with $30 billion in assets, is committed to supporting its members in the evolving utility landscape.
The National Rural Utilities Cooperative Finance Corporation (CFC) will host an investor conference call and webcast on October 13, 2021, at 10 a.m. Eastern Time. CFC CEO Andrew Don will provide a business update, while CFO Ling Wang will discuss Q1 2022 financial results. Participants can join via the live webcast or by calling in with the provided numbers. Additionally, a replay of the webcast will be available post-event, and CFC’s Form 10-Q for the period ended August 31, 2021, will be filed with the SEC later today.