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Federal Agricultural Mortgage Corp (AGM.N)

AGM.N on New York Stock Exchange

70.40USD
23 May 2019
Change (% chg)

$-2.64 (-3.61%)
Prev Close
$73.04
Open
$72.18
Day's High
$72.18
Day's Low
$70.40
Volume
6,906
Avg. Vol
9,748
52-wk High
$99.05
52-wk Low
$56.29

Latest Key Developments (Source: Significant Developments)

Farmer Mac Reports Q1 Earnings Per Share $2.03
Thursday, 2 May 2019 

May 2 (Reuters) - Federal Agricultural Mortgage Corp ::FARMER MAC REPORTS FIRST QUARTER 2019 RESULTS -- GREW OUTSTANDING BUSINESS VOLUME $782 MILLION TO $20.5 BILLION.Q1 NON-GAAP CORE EARNINGS PER SHARE $2.06.Q1 EARNINGS PER SHARE $2.03.QTRLY NET INTEREST INCOME DECREASED $2.6 MILLION FROM PRIOR YEAR TO $40.6 MILLION.QTRLY NET EFFECTIVE SPREAD WAS $38.8 MILLION VERSUS $37.1 MILLION IN Q1 2018.  Full Article

Farmer Mac Reports Q1 Non-Gaap Core Earnings Per Share $2.03
Thursday, 10 May 2018 

May 10 (Reuters) - Federal Agricultural Mortgage Corp ::FARMER MAC REPORTS FIRST QUARTER 2018 RESULTS.Q1 NON-GAAP CORE EARNINGS PER SHARE $2.03.Q1 EARNINGS PER SHARE $2.10.Q1 EARNINGS PER SHARE VIEW $1.94 -- THOMSON REUTERS I/B/E/S.QUARTERLY NET INTEREST INCOME WAS $43.2 MILLION VERSUS $37.1 MILLION.  Full Article

Farmer Mac Reports Q4 Earnings Per Share $1.55
Thursday, 8 Mar 2018 

March 8 (Reuters) - Federal Agricultural Mortgage Corp ::FARMER MAC REPORTS 2017 RESULTS AND ANNOUNCES 61% DIVIDEND INCREASE.Q4 CORE EARNINGS PER SHARE $1.65.Q4 EARNINGS PER SHARE $1.55.  Full Article

Federal Agricultural Mortgage - On Feb 26, Co, Farmer Mac Mortgage Securities, National Rural Utilities Cooperative Finance Entered Into Amended Agreement​
Thursday, 1 Mar 2018 

March 1 (Reuters) - Federal Agricultural Mortgage Corp ::FEDERAL AGRICULTURAL MORTGAGE-ON FEB 26, CO, FARMER MAC MORTGAGE SECURITIES, NATIONAL RURAL UTILITIES COOPERATIVE FINANCE ENTERED INTO AMENDED AGREEMENT​.FEDERAL AGRICULTURAL MORTGAGE-AMENDED AGREEMENT AMENDS, RESTATES FIRST SUPPLEMENTAL NOTE PURCHASE AGREEMENT DATED AS OF JAN 8, 2015 - SEC FILING​.FEDERAL AGRICULTURAL MORTGAGE CORP - ‍AMENDED AGREEMENT INCREASES LIMIT FOR AGGREGATE PRINCIPAL AMOUNT OF NOTES OUTSTANDING FROM $4.5 BILLION TO $5.2 BILLION​.FEDERAL AGRICULTURAL MORTGAGE CORP - ‍ AMENDED AGREEMENT EXTENDS BORROWING PERIOD FROM JANUARY 11, 2020 TO JANUARY 11, 2022​.  Full Article

Lowell Junkins Named Acting President And Chief Executive Officer Of Farmer Mac
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Federal Agricultural Mortgage Corp ::LOWELL JUNKINS NAMED ACTING PRESIDENT AND CHIEF EXECUTIVE OFFICER OF FARMER MAC.FEDERAL AGRICULTURAL MORTGAGE - BOARD TERMINATED TIMOTHY BUZBY ON BASIS OF "VIOLATIONS" OF ITS POLICIES UNRELATED TO FINANCIAL PERFORMANCE.  Full Article

Farmer MAC reports Q3 earnings per share of $1.71
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Federal Agricultural Mortgage Corp ::Reports third quarter 2017 financial results.Q3 non-GAAP core earnings per share $1.57.Q3 earnings per share $1.71.Q3 earnings per share view $1.46 -- Thomson Reuters I/B/E/S.Qtrly total revenues of $41.6 million versus $36.7 million.Net interest income was $39.6 million in Q3 2017, compared to $35.6 million in Q3 2016​.  Full Article

Farmer Mac reports Q2 earnings per share $1.62
Wednesday, 9 Aug 2017 

Aug 9 (Reuters) - Federal Agricultural Mortgage Corp :Farmer Mac reports second quarter 2017 financial results.Q2 non-gaap core earnings per share $1.48.Q2 earnings per share $1.62.Q2 earnings per share view $1.37 -- Thomson Reuters I/B/E/S.Federal Agricultural Mortgage Corp qtrly ‍net interest income $39.7 million versus $34.4 million.Federal Agricultural Mortgage Corp - ‍During Q2 2017, Farmer Mac added $1.9 billion of new business volume, compared to $1.3 billion in Q2 2016​.  Full Article