Every 8-K that Federal Agricultural Mortgage Corporation (AGM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow AGM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AGM filings page.
Federal Agricultural Mortgage Corporation (Farmer Mac) reported leadership changes and related compensation updates. The Board appointed Robert J. Maines as Executive Vice President – Chief Operations Officer, effective August 17, 2026. Maines has served in senior operations and risk roles at Farmer Mac since 2018 and has over 30 years of financial services experience. His annual salary will increase to $440,000 as of the effective date, and he will be considered in 2027 for equity-based long-term incentive awards with a target value of at least $225,000, and will be eligible under Farmer Mac’s executive severance plan.
Farmer Mac also announced the appointment of Nader Pasdar as Executive Vice President – Chief Business Officer, starting August 17, 2026, reporting to President and CEO Zachary N. Carpenter. Pasdar brings more than 25 years of experience in agricultural finance and capital markets, including senior leadership roles at Rabobank and Rabo Securities, and a background in loan syndications and agribusiness capital markets.
The Federal Agricultural Mortgage Corporation (Farmer Mac) reported that its Board of Directors declared third-quarter dividends on all three classes of common stock and all six classes of preferred stock. The quarterly dividend on each class of common stock is $1.60 per share, payable on September 30, 2026 to holders of record as of September 15, 2026.
For the six series of preferred stock, the Board declared quarterly dividends per share of $0.3562500 for Series D, $0.3593750 for Series E, $0.3281250 for Series F, $0.3046875 for Series G, $0.4062500 for Series H, and $0.4296875 for Series I. These preferred dividends cover the period from but not including July 17, 2026 to and including October 17, 2026 and will be paid to holders of record as of October 1, 2026 on the business day following October 17, 2026. Each preferred share has a par value and liquidation preference of $25.00.
Federal Agricultural Mortgage Corporation (Farmer Mac) reported a record second quarter for the period ended June 30, 2026. Outstanding business volume reached $37.2 billion, reflecting 22% year-over-year growth. Net interest income rose to $118.1 million, while net effective spread increased 25% to a record $117.4 million. Net income attributable to common stockholders was $58.9 million, or $5.41 diluted EPS, and record core earnings were $58.8 million, or $5.40 diluted core EPS, with core return on equity at 19%.
Growth was broad-based: Farm & Ranch volume reached $22.0 billion (21% YoY), Corporate AgFinance $2.1 billion (7% YoY), and Infrastructure Finance $13.1 billion, including strong gains in Power & Utilities, Renewable Energy, and Broadband Infrastructure. Capital remained strong with total core capital of $1.9 billion and a 13.2% Tier 1 Capital Ratio, supported by a $100.0 million public offering of 6.875% Series I preferred stock. Credit metrics showed low 90‑day delinquencies and higher allowance for losses tied mainly to portfolio growth, and Farmer Mac highlighted the launch of its new FLX Farm & Ranch loan platform as a technology milestone.
Federal Agricultural Mortgage Corporation (Farmer Mac) announced it will release financial results for the fiscal quarter ended June 30, 2026 on Thursday, July 30, 2026, after the close of equity markets. The company will host a conference call that day at 4:30 p.m. Eastern time.
Investors can join the call by dialing (888) 880-3330 in the U.S. or (646) 357-8766 internationally, or via webcast on Farmer Mac's investor relations website. The information is furnished under Regulation FD and is not deemed filed under the Exchange Act.
The Federal Agricultural Mortgage Corporation (“Farmer Mac”) is formalizing its CEO succession by setting July 1, 2026 as the date when Zachary N. Carpenter becomes Chief Executive Officer, succeeding Bradford T. Nordholm. Mr. Nordholm will serve as senior advisor to the CEO with the honorary title of CEO Emeritus through September 30, 2026.
An amended employment agreement adjusts Mr. Nordholm’s 2026 compensation, including prorated incentive salary and restricted stock units based on his service through the transition termination date, and revises his COBRA coverage period. Farmer Mac highlights that under Mr. Nordholm’s leadership since October 2018, it doubled annual earnings and grew outstanding business volume to more than $34 billion.
The Federal Agricultural Mortgage Corporation (Farmer Mac) reported that its board declared a quarterly dividend on its 6.875% Non-Cumulative Preferred Stock, Series I. The dividend is $0.2769097 per share for the period from but not including May 19, 2026, to and including July 17, 2026.
This Series I preferred dividend will be payable on July 17, 2026, to holders of record as of July 1, 2026. The company had previously declared dividends on its three classes of common stock and five other preferred series, as announced on May 13, 2026.
Federal Agricultural Mortgage Corporation reported that it has completed the issuance of 4,000,000 shares of its 6.875% Non-Cumulative Preferred Stock, Series I. The shares were sold in an exempt public offering conducted under an offering circular.
The transaction was carried out under an underwriting agreement dated May 12, 2026, between Farmer Mac and Morgan Stanley & Co. LLC, acting as representative of the several underwriters. This new Series I preferred stock adds to Farmer Mac’s existing mix of listed preferred and common equity securities.
Federal Agricultural Mortgage Corporation (Farmer Mac) reported results of its Annual Meeting of Stockholders held on May 14, 2026. Holders of the company’s voting common stock elected ten directors, five from Class A and five from Class B, all of whom were nominated in the earlier proxy statement.
Stockholders also ratified the selection of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 1,132,859 votes for, 108,540 against, and 63,680 abstentions.
In an advisory Say‑on‑Pay vote, stockholders approved the compensation of Farmer Mac’s named executive officers, with 918,463 votes for, 101,861 against, 75,960 abstentions, and 108,522 broker non‑votes. The company plans to continue holding Say‑on‑Pay votes every year, subject to future board review after the next frequency vote.
Federal Agricultural Mortgage Corporation (Farmer Mac) is declaring regular quarterly dividends on its common and preferred stock. The Board approved a dividend of $1.60 per share on each class of common stock, payable on June 30, 2026, to shareholders of record as of June 15, 2026.
The Board also declared quarterly dividends on all five preferred stock series: $0.35625 per Series D share, $0.359375 per Series E share, $0.328125 per Series F share, $0.3046875 per Series G share, and $0.40625 per Series H share. These preferred dividends cover the period from but not including April 17, 2026 to and including July 17, 2026 and will be paid on July 17, 2026 to holders of record on July 1, 2026.
Each preferred share carries a par value and liquidation preference of $25.00, underscoring Farmer Mac’s ongoing distribution of cash returns to both common and preferred equity holders.
Federal Agricultural Mortgage Corporation (Farmer Mac) is raising $100 million through a public offering of 4,000,000 shares of 6.875% Non-Cumulative Perpetual Preferred Stock, Series I, each with $25 par value and liquidation preference. Net proceeds before expenses are expected to be about $97 million, which Farmer Mac plans to use for general corporate purposes. The preferred stock qualifies as Tier 1 capital, carries a fixed 6.875% annual dividend when and if declared, and has no maturity date. Farmer Mac may redeem the shares on any dividend payment date on or after July 17, 2031, and intends to list them on the NYSE under the symbol AGM PRI. The offering is exempt from registration under Section 3(a)(2) of the Securities Act because Farmer Mac is a federally chartered instrumentality of the United States.
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 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 reported a leadership change in its finance function. Gregory N. Ramsey, Vice President – Chief Accounting Officer and the company’s principal accounting officer, has decided to retire effective April 8, 2026.
The company states that Mr. Ramsey’s retirement decision is not due to any disagreement regarding accounting policies, procedures, estimates, judgments, financial statements, disclosures, internal controls, or operations. Matthew M. Pullins, Executive Vice President – Chief Financial Officer and Treasurer, will serve as interim principal accounting officer effective the same date.
Federal Agricultural Mortgage Corporation (Farmer Mac) filed an 8-K to share its 2026 Investor Day presentation, outlining historical performance and long-term goals. Core earnings grew from $84 million in 2018 to $183 million in 2025, a 12% compound annual growth rate. Outstanding business volume increased from $19.7 billion in 2018 to $33.4 billion in 2025, with a vision to reach at least $40 billion by 2028 and approximately $50–$55 billion by 2030. The presentation highlights diversified growth across farm and ranch, corporate agrifinance, power and utilities, renewable energy, broadband infrastructure, and wholesale finance, along with disciplined credit performance, rising dividends, and a focus on maintaining operating efficiency around the high-20% range.
Federal Agricultural Mortgage Corporation (Farmer Mac) reported several compensation decisions for senior leaders. The Board’s Human Capital and Compensation Committee increased base salaries for President–COO Zachary Carpenter to $650,000 and Chief Credit Officer Marc Crady to $435,000, effective retroactively to January 1, 2026.
The Committee granted stock appreciation rights with a grant price of $162.15 per share, time- and performance-based restricted stock units to officers and directors, and confirmed vesting outcomes for earlier performance-based equity awards granted in 2023. It also approved 2025 performance-based cash bonuses, including $1,397,967.20 for CEO Bradford Nordholm and $622,484.63 for Mr. Carpenter.
The Federal Agricultural Mortgage Corporation (Farmer Mac) filed an update announcing that it will host an Investor Day in New York City on March 18, 2026. The event will run from approximately 10:00 a.m. to 1:00 p.m. ET and feature the management team.
During the session, Farmer Mac’s leadership plans to discuss the company’s growth opportunities and strategic priorities. Investors and other interested parties can access the event via live webcast, with a replay available afterward through the company’s investor relations website.
Federal Agricultural Mortgage Corporation (Farmer Mac) reported solid 2025 results and raised its common dividend. Outstanding business volume reached $33.4 billion, up $3.8 billion or 13% year-over-year, reflecting growth across Farm & Ranch, power and utilities, broadband, and renewable energy lending.
Net interest income rose 10% to $390.7 million, while net effective spread, a key non-GAAP margin metric, increased 13% to a record $383.0 million. Net income attributable to common stockholders was $182.5 million, or $16.62 per diluted share, up 1% from 2024. Core earnings reached a record $182.9 million, or $16.66 per diluted share, up 7%.
Credit quality remained controlled, with higher provision for losses but limited nonaccruals relative to the expanding portfolio. Total assets grew to $35.4 billion and total equity to $1.7 billion, supporting a Tier 1 capital ratio of 13.3%. The investment portfolio provided 277 days of liquidity as of December 31, 2025.
The Board declared a quarterly dividend of $1.60 per share on all classes of common stock, a 7% year-over-year increase and the fifteenth consecutive annual raise, payable March 31, 2026 to holders of record March 16, 2026. Quarterly preferred dividends were also declared on all five preferred series, payable April 17, 2026.
Federal Agricultural Mortgage Corporation (Farmer Mac) filed a current report to furnish a press release that announces the date and time of an upcoming conference call. The call will cover Farmer Mac’s financial results for the fiscal quarter and full year ended December 31, 2025.
The press release is provided as Exhibit 99 under a Regulation FD disclosure item and is expressly treated as "furnished" rather than "filed" under the Exchange Act, limiting its exposure to certain securities law liabilities.
Federal Agricultural Mortgage Corporation updated its by-laws after Board approval on January 27, 2026. The revisions mainly modernize governance and administrative procedures rather than changing the core business.
Key changes include allowing the Board to approve a person to act as Treasurer, permitting shareholder and Board meetings by remote communication with electronic notices, and clarifying quorum standards. The by-laws also address uncertificated, book-entry shares maintained by the transfer agent, refine language around loans and other indebtedness, and update provisions for Board standing committees and committee chairs. Overall, the amendments focus on remote-meeting flexibility, clearer voting procedures, and technical clean-up of existing rules.
Federal Agricultural Mortgage Corporation (Farmer Mac) reported a leadership change in its finance team. The Board appointed Matthew M. Pullins, age 47, as Executive Vice President – Chief Financial Officer and Treasurer effective December 11, 2025, when he will become the company’s principal financial officer. He replaces interim principal financial officer Gregory N. Ramsey, who will continue as Vice President – Chief Accounting Officer.
Farmer Mac states there are no arrangements or family relationships influencing Mr. Pullins’ selection. He joins from PNC Financial Services Group, where he held several senior finance roles, most recently Chief Financial Officer – Capital Markets. His compensation includes a $550,000 annual base salary, $275,000 short-term incentive for 2025, a 2026 short-term incentive target of 50% of base salary, and a 2026 long-term equity incentive target of $450,000.
Mr. Pullins will receive a one-time restricted stock unit award in Class C non-voting common stock valued at $250,000, vesting annually from 2026 to 2028, and a sign-on cash bonus designed to provide $150,000 net of tax, subject to a 12-month clawback. He will be eligible for Farmer Mac’s standard executive benefit and severance programs.
Federal Agricultural Mortgage Corporation (Farmer Mac) reported that on December 3, 2025 it completed a $313.5 million securitization of agricultural mortgage loans. In a securitization, Farmer Mac pools eligible loans and issues securities backed by those loans, which can help recycle capital and support additional lending to the agricultural sector.
The company disclosed this transaction under a Regulation FD item and attached a related press release as an exhibit. The information in this communication is being treated as furnished rather than filed under securities laws, which limits how it is incorporated into other regulatory documents.
Federal Agricultural Mortgage Corporation (Farmer Mac) announced cash dividends. The Board declared a quarterly dividend of $1.50 per share on all classes of common stock, payable on December 31, 2025 to holders of record as of December 15, 2025.
The Board also declared quarterly dividends on five preferred series: $0.3562500 per share for Series D, $0.3593750 for Series E, $0.3281250 for Series F, $0.3046875 for Series G, and $0.4062500 for Series H. These preferred dividends cover the period from but not including October 17, 2025 to and including January 17, 2026, and are payable on January 17, 2026 to holders of record as of January 2, 2026. Each preferred share carries a $25.00 par value and liquidation preference.
A press release with these details was furnished as an exhibit.
Federal Agricultural Mortgage Corporation (Farmer Mac) filed an 8-K announcing the release of its financial results for the quarter ended September 30, 2025 and a conference call to discuss those results and its Form 10-Q. The press release is provided as Exhibit 99.1.
Farmer Mac also posted an equity investor slide presentation to its website, included as Exhibit 99.2, which it expects to use in future investor meetings. The information in Items 2.02 and 7.01, including Exhibits 99.1 and 99.2, is furnished and not filed under the Exchange Act and is not incorporated by reference except as specifically stated.
Federal Agricultural Mortgage Corporation (Farmer Mac) filed an 8-K to report that, on October 20, 2025, it issued a press release announcing the date and time of its conference call to discuss financial results for the fiscal quarter ended September 30, 2025.
The disclosure is furnished under Item 7.01 (Reg FD) and is not deemed filed. Exhibit 99 contains the press release, and Exhibit 104 references the Inline XBRL cover page data.
The filing discloses a Board change at Federal Agricultural Mortgage Corporation (Farmer Mac): on September 30, 2025 the White House nominated Jeffrey Kaufmann to Farmer Mac's Board of Directors to replace presidential appointee Chester Culver. The White House informed Mr. Culver on the same date that his position had ended effective immediately. Mr. Kaufmann's nomination is subject to U.S. Senate confirmation. Mr. Culver had rejoined the Board in May 2022 after a prior presidential nomination and Senate confirmation and was serving as chair of the Board's Public Policy and Corporate Social Responsibility Committee and as a member of the Enterprise Risk Committee and the Human Capital and Compensation Committee at the time of his departure. The company and Board expressed gratitude for Mr. Culver's service.
Farmer Mac (AGM) disclosed executive succession and amended employment terms. CEO Bradford T. Nordholm will retire effective March 31, 2027, and resigned as President effective September 25, 2025. The Board named Zachary N. Carpenter President and COO effective upon Nordholm's resignation and designated him to become CEO on the earlier of April 1, 2027 or Nordholm's last day of employment.
The firm amended Nordholm's employment agreement to extend his CEO term to March 31, 2027, preserve a 100% incentive-salary target for 2025–2026, provide a fixed $200,000 incentive for 2027, and grant ~ $1.5 million in RSUs cliff-vesting March 31, 2027. Carpenter's base salary was increased to $575,000 and he is eligible for a 2026 long-term award with target value not less than $475,000. Employment agreements and exhibits are referenced.
Federal Agricultural Mortgage Corporation announced a planned leadership transition. The company reported that Chief Executive Officer Bradford T. Nordholm intends to retire on March 31, 2027, providing a long, orderly runway for succession. At the same time, the Board appointed Zachary N. Carpenter as President and Chief Operating Officer, effective immediately, and named him as Mr. Nordholm’s successor upon retirement. These changes outline a clear succession plan for the top leadership roles while keeping current operations under the existing CEO for an extended period.
Federal Agricultural Mortgage Corporation reported that its Board of Directors declared a quarterly dividend on its 6.500% Non-Cumulative Preferred Stock, Series H. The dividend is $0.2347222 per share for the dividend period from but not including August 25, 2025, to and including October 17, 2025.
The Series H dividend will be paid on October 17, 2025 to holders of record as of October 1, 2025. The company previously declared dividends on its common stock and other preferred series on August 14, 2025, and has also issued a press release with these details.
Federal Agricultural Mortgage Corporation, known as Farmer Mac, completed the issuance of 4,000,000 shares of its 6.500% Non-Cumulative Preferred Stock, Series H, on August 25, 2025. This new preferred stock was sold in an exempt public offering conducted under an offering circular, following the terms of an underwriting agreement dated August 20, 2025, with RBC Capital Markets, LLC. The new Series H joins Farmer Mac’s existing preferred stock series already listed on the New York Stock Exchange.
The Federal Agricultural Mortgage Corporation (Farmer Mac) priced an offering of $100 million of 6.500% Non-Cumulative Preferred Stock, Series H, consisting of 4,000,000 shares with a $25.00 liquidation preference per share. Net proceeds to Farmer Mac before expenses are expected to be approximately $97.1 million, with settlement expected on August 25, 2025. The Preferred Stock is non-convertible and was offered under an exemption from registration pursuant to Section 3(a)(2) of the Securities Act due to Farmer Mac's status as a Congressionally chartered corporation acting as an instrumentality of the United States. Farmer Mac intends to use the net proceeds for general corporate purposes. A press release announcing the pricing was issued and is filed as Exhibit 99.
Federal Agricultural Mortgage Corporation (AGM) disclosed a Form 8-K reporting a corporate transition and a related press release. The filing lists a Transition Agreement dated August 14, 2025 between the registrant and Stephen P. Mullery and an accompanying Press Release dated August 18, 2025. The document indicates the cover page Inline XBRL is included as Exhibit 101 and is signed by Bradford T. Nordholm, President and Chief Executive Officer, with a signature date of August 18, 2025. The filing does not include additional narrative, financial tables, earnings data, or detail about the terms or purpose of the transition agreement within the provided excerpt.