For Q1 FY2026 ended March 31, 2026, net income was $59.1 million, up 19.1% year-over-year. Diluted EPS was $4.75, up 18.5% year-over-year. Equity stood at $1.72 billion, with long-term debt of $32.28 billion.
•Net income of $59.1 million, up 19.1% YoY.
•Diluted EPS of $4.75, up 18.5% YoY.
•Equity of $1.72 billion; long-term debt of $32.28 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Federal Agricultural Mortgage provides a secondary market for various loans made to borrowers in the United States. Its business is organized into seven segments: Farm & Ranch, Corporate AgFinance, Power & Utilities, Broadband Infrastructure, Renewable Energy, Funding, and Investments.
The Farm & Ranch segment includes the USDA Securities portfolio, Farm & Ranch loans, and AgVantage securities secured by Farm & Ranch loans. The Corporate AgFinance segment includes loans and AgVantage securities to larger and more complex farming operations, agribusinesses focused on food and fiber processing, and supply chain production.
The Power & Utilities segment includes loans to rural electric generation and transmission cooperatives and distribution cooperatives AgVantage securities secured by those types of loans.
The Broadband Infrastructure segment includes loans to rural fiber, cable/broadband, tower, wireless, local exchange carrier, and data center projects. The Renewable Energy segment includes rural electric, solar, wind, and gas projects. The Funding segment includes debt issuance, hedging, asset/liability management, and capital allocation.
The Investments segment includes an investment portfolio, which is held for liquidity purposes. The company is involved in a line of agricultural finance business, including purchasing and retaining eligible loans and securities.
Its portfolio also includes guaranteeing the payment of principal and interest on securities that represent interests in, or obligations secured by pools of eligible loans, servicing eligible loans, and issuing long-term standby purchase commitments for designated eligible loans. Incorporated in 1987, Federal Agricultural Mortgage is headquartered in Washington, District Of Columbia.
What does Federal Agricultural Mortgage Corporation (AGM) do?
Federal Agricultural Mortgage Corporation, commonly known as Farmer Mac, provides a secondary market for various loans made to borrowers in the United States. Its business is organized into seven segments: Farm & Ranch, Corporate AgFinance, Power & Utilities, Broadband Infrastructure, Renewable Energy, Funding, and Investments. The Farm & Ranch segment includes USDA Securities, Farm & Ranch loans, and AgVantage securities secured by those loans. The Corporate AgFinance segment serves larger farming operations and agribusinesses. The Power & Utilities segment focuses on rural electric cooperatives, while Broadband Infrastructure covers rural fiber, cable, and data center projects. The Renewable Energy segment includes solar, wind, and gas projects. The company also engages in guaranteeing principal and interest on securities backed by pools of eligible loans and servicing loans.
Where is Federal Agricultural Mortgage Corporation (AGM) listed and in which currency?
Federal Agricultural Mortgage Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol AGM. Its financials are reported in US Dollars (USD), reflecting its operations based in the United States.
What sector and industry does Federal Agricultural Mortgage Corporation (AGM) operate in?
Federal Agricultural Mortgage Corporation operates in the Financial Services sector, specifically within the Credit Services industry. This means it provides credit-related services, primarily by creating a secondary market for agricultural and rural loans, thereby enhancing liquidity for lenders.
What are the main business segments of Federal Agricultural Mortgage Corporation (AGM)?
Federal Agricultural Mortgage Corporation's business is organized into seven segments. The Farm & Ranch segment includes USDA Securities, Farm & Ranch loans, and AgVantage securities secured by those loans. The Corporate AgFinance segment serves larger farming operations and agribusinesses. The Power & Utilities segment provides loans to rural electric generation and transmission cooperatives. The Broadband Infrastructure segment finances rural fiber, cable, and data center projects. The Renewable Energy segment covers rural electric, solar, wind, and gas projects. The Funding segment manages debt issuance, hedging, and capital allocation. The Investments segment holds an investment portfolio for liquidity purposes.
How does Federal Agricultural Mortgage Corporation (AGM) make money?
Federal Agricultural Mortgage Corporation generates revenue by purchasing and retaining eligible loans and securities, as well as guaranteeing the payment of principal and interest on securities that represent interests in pools of eligible loans. It also earns income from servicing loans. The company's seven segments—Farm & Ranch, Corporate AgFinance, Power & Utilities, Broadband Infrastructure, Renewable Energy, Funding, and Investments—each contribute to its earnings by providing credit enhancement and liquidity to agricultural and rural lenders across the United States.