Earnings ·
Federal Agricultural Mortgage Corporation reported second quarter 2026 financial results, achieving record net income…
AGM-PDFederal Agricultural Mortgage Corp
Federal Agricultural Mortgage Corporation reported second quarter 2026 financial results, achieving record net income attributable to common stockholders of $58.9 million, or $5.41 per diluted share. Outstanding business volume grew 22% year-over-year to a record $37.2 billion, while net interest income increased 22% to $118.1 million. The company also issued $100.0 million of Series I non-cumulative preferred stock and returned $25 million to shareholders through dividends during the quarter. Farmer Mac operates in the agricultural finance sector, providing liquidity for American agriculture and rural infrastructure.