Welcome to our dedicated page for Federal Agric Mtg SEC filings (Ticker: AGM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings for Federal Agricultural Mortgage Corporation (Farmer Mac, NYSE: AGM) provide detailed insight into its role as a federally chartered instrumentality of the United States and as a secondary market provider for American agriculture and rural infrastructure. Through annual and quarterly reports and current reports on Form 8-K, Farmer Mac discloses information about its financial condition, capital structure, governance, and mission-focused activities.
In its filings, Farmer Mac identifies itself as a federally chartered instrumentality with multiple classes of securities registered on the New York Stock Exchange, including Class A voting common stock (AGM.A), Class C non-voting common stock (AGM), and several series of non-cumulative preferred stock (AGM.PRD, AGM.PRE, AGM.PRF, AGM.PRG, AGM.PRH). Filings describe events such as the issuance of preferred stock, including the 6.500% Non-Cumulative Preferred Stock, Series H, and related dividend declarations.
Form 8-K filings cover a range of material events, including quarterly dividend declarations on common and preferred stock, completion of securitizations of agricultural mortgage loans, and announcements of quarterly financial results. These reports often reference metrics such as outstanding business volume, net interest income, net effective spread, core earnings, capital ratios, and liquidity, while also discussing the company’s use of non-GAAP measures like core earnings and net effective spread, with reconciliations provided in its periodic reports.
Governance and executive matters are also documented in Farmer Mac’s SEC filings. Current reports describe employment agreements and amendments for senior executives, planned CEO retirement, designation of a successor CEO, appointments of a President and Chief Operating Officer, and appointments of a Chief Financial Officer and Treasurer and a Chief Legal Officer. Filings also address changes in board composition involving presidential appointees.
On Stock Titan’s SEC filings page for AGM, users can access these documents as they are made available through EDGAR and use AI-powered summaries to interpret complex sections. This includes understanding quarterly reports (10-Q), annual reports (10-K), and current reports (8-K), along with details on preferred stock offerings, dividend terms, compensation arrangements, and other disclosures that define Farmer Mac’s activities in the agricultural and rural infrastructure finance markets.
Federal Agricultural Mortgage Corporation (Farmer Mac) increased first-quarter 2026 profitability while growing its balance sheet. Net income rose to $59.1 million from $49.7 million a year earlier, and net income attributable to common stockholders reached $51.8 million, with diluted EPS up to $4.75 from $4.01.
Net interest income grew to $101.4 million from $90.9 million, and net effective spread, a key non‑GAAP measure, increased to $102.0 million from $90.0 million, helped by loan and investment growth. Total assets expanded to $36.7 billion from $35.4 billion at year-end, and loans net of allowance increased to $17.2 billion from $16.3 billion.
Credit costs rose, with the provision for losses of $4.8 million versus $1.6 million a year earlier, and the allowance for losses increased to $39.9 million. Other comprehensive income swung to a loss of $28.5 million, producing comprehensive income of $30.7 million. Farmer Mac maintained a strong capital position, with core capital of $1.7 billion and approximately $0.7 billion above its minimum regulatory capital requirement, supported by 301 days of average liquidity and ongoing dividends and share repurchases.
Federal Agricultural Mortgage Corporation (Farmer Mac) reported record first quarter 2026 results, driven by double‑digit growth across its agricultural and infrastructure finance businesses. Outstanding business volume reached $34.8 billion, up 17% year‑over‑year, as the company provided $3.4 billion in liquidity and lending capacity to rural lenders.
Profitability also improved meaningfully. Net interest income rose 11% year‑over‑year to $101.4 million, while net income attributable to common stockholders increased to $51.8 million, or $4.75 per diluted share, up from $4.01. Core earnings were $51.7 million, with diluted core EPS of $4.74 and a 17% core return on equity, reflecting strong recurring spread and fee revenue.
Farmer Mac’s balance sheet and capital remained robust. Total assets grew to $36.7 billion, loans to $17.2 billion, and investment securities to $18.2 billion. Core capital was $1.7 billion with a Tier 1 Capital Ratio of 13.0%. Credit metrics showed higher nonaccruals and provisions tied mainly to portfolio growth, but the allowance for losses covered 15% of nonaccrual assets, and liquidity totaled $7.9 billion, covering roughly 296 days.
Federal Agricultural Mortgage Corp (Farmer Mac) reported the initial equity holdings of its Principal Accounting Officer, Mandy M. Talan. She beneficially owns 314.3811 shares of Class C Non-Voting Common Stock, including 294 restricted stock units granted on March 5, 2026 under Farmer Mac’s omnibus incentive plan.
Each RSU represents the right to receive one share upon vesting. These 294 RSUs vest in three equal installments of 98 units on March 31, 2027, March 31, 2028, and March 31, 2029, if she remains an employee on those dates.
Federal Agricultural Mortgage Corporation (Farmer Mac) filed an 8-K to share logistics for its upcoming earnings release and conference call. Farmer Mac plans to release financial results for the quarter ended March 31, 2026 on May 5, 2026, after the close of equity markets.
On the same day, Farmer Mac will host a conference call at 4:30 p.m. Eastern Time to discuss the results, accessible via domestic dial-in at (888) 880-3330, international dial-in at (646) 357-8766, or webcast through its investor relations website.
Federal Agricultural Mortgage Corporation (Farmer Mac) appointed Mandy M. Talan as its principal accounting officer effective April 21, 2026. She currently serves as Managing Director – Corporate Controller and has been Farmer Mac’s Corporate Controller since June 2025.
Previously, Ms. Talan held senior finance and accounting policy roles at Fannie Mae and worked as an Audit Senior Manager at KPMG. She is a Certified Public Accountant, has no reported family relationships with Farmer Mac’s leadership, and no related-party transactions requiring disclosure were identified.
The Federal Agricultural Mortgage Corporation (Farmer Mac) is asking stockholders to vote at its 2026 annual meeting on three items: electing ten directors, ratifying PricewaterhouseCoopers LLP as independent auditor, and approving executive pay on an advisory basis. The meeting will be held on May 14, 2026, 8:00 a.m. Eastern, at Farmer Mac’s Washington, DC headquarters with webcast and teleconference access.
The proxy highlights 2025 performance, including a 16% return on equity, book value per share of $112.77 as of December 31, 2025, and a 7% year-over-year dividend increase. Total outstanding volume reached $33.4 billion, with 13% volume growth driven by strong gains in renewable energy and broadband infrastructure. The Board reports 100% director independence, high committee attendance, and a pay-for-performance compensation program using RSUs, performance-based RSUs, and stock appreciation rights tied to core earnings, asset quality, and other risk metrics.
Federal Agricultural Mortgage Corp director Jeffrey L. Plagge acquired 56 shares of Class C Non-Voting Common Stock on March 31, 2026. The shares were issued at a market value of $148.35 per share under his election to receive quarterly director retainer in stock instead of cash.
After this grant, he directly holds 1,346 shares of this class, which includes 471 unvested restricted stock units scheduled to vest on March 31, 2027, provided he continues serving as a director.
Federal Agricultural Mortgage Corp director James R. Engebretsen acquired additional equity through a compensation election. He received 116 shares of Class C Non-Voting Common Stock on March 31, 2026 at a market value of $148.35 per share, taken in stock instead of part of his quarterly cash retainer. Following this award, he directly holds 16,759 Class C Non-Voting shares, which includes 471 unvested restricted stock units scheduled to vest on March 31, 2027 if he remains a director.
Federal Agricultural Mortgage Corp director Lowell Junkins acquired additional shares through compensation. On March 31, 2026, he received 9 shares of Class C Non-Voting Common Stock at a market value of $148.35 per share instead of taking part of his quarterly cash retainer.
After this grant, Junkins directly holds 10,927.232 Class C Non-Voting Common shares. His holdings also include 471 unvested restricted stock units scheduled to vest on March 31, 2027 if he continues serving as a director.