---
schema_version: "secwatch.filing_event.v1"
accession: "0000845877-22-000209"
form_type: "8-K"
ticker: "AGM"
cik: "0000845877"
company_name: "FEDERAL AGRICULTURAL MORTGAGE CORP"
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T06:14:28.211015+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Farmer Mac Q3 2022 core earnings $33.4M ($3.07), up 21% YoY; net income $34.6M

## Summary
- Net income attributable to common stockholders $34.6M ($3.18 diluted EPS) vs $28.5M ($2.63) in Q3 2021.
- Core earnings (non-GAAP) $33.4M ($3.07 per diluted share) vs $27.6M ($2.55) YoY, growth of 21%.
- Outstanding business volume $25.3B, net increase of $847M in the quarter.
- Net interest income $67.9M, up 15% year-over-year; net effective spread $65.6M, up 17%.
- 90-day delinquencies 0.17% of total portfolio, down from 0.24% a year earlier.

## SEC filing metadata
- accession: 0000845877-22-000209
- form_type: 8-K
- ticker: AGM
- cik: 0000845877
- company_name: FEDERAL AGRICULTURAL MORTGAGE CORP
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/845877/000084587722000209/0000845877-22-000209-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/845877/000084587722000209/agm-20221107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000845877-22-000209
- JSON: https://secwatch.observer/filing/0000845877-22-000209.json
- Plain text: https://secwatch.observer/filing/0000845877-22-000209.txt

## Key facts
- Earnings Releases
  FEDERAL AGRICULTURAL MORTGAGE CORP reported the fiscal quarter ended September 30, 2022 results: net income $34.6 million, EPS $3.18 per diluted common share.
  - Period: the fiscal quarter ended September 30, 2022
  - Net income: $34.6 million
  - EPS: $3.18 per diluted common share
  - Result: reported results
  source text: Farmer Mac's net income attributable to common stockholders for third quarter 2022 was $34.6 million ($3.18 per diluted common share)
  evidence_url: https://www.sec.gov/Archives/edgar/data/845877/000084587722000209/0000845877-22-000209-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.