secwatch.observer — SEC 8-K summary
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Issuer:     FEDERAL AGRICULTURAL MORTGAGE CORP (AGM)
CIK:        0000845877
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0000845877-24-000242
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Farmer Mac Q3 2024: net income $42.3M, core EPS $4.10, business volume $28.5B
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- Net income attributable to common stockholders $42.3M; diluted EPS $3.86 (GAAP), core EPS $4.10.
- Net interest income $86.8M (-1% YoY); net effective spread $85.4M (+2% YoY).
- Business volume $28.5B; provided $2.0B liquidity; net change in business volume -$290M.
- Core capital $1.5B (66% above statutory); Tier 1 Capital Ratio 14.2%.
- Conference call Nov 4 at 4:30pm ET; details on website.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/845877/000084587724000242/0000845877-24-000242-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/845877/000084587724000242/agm-20241104.htm
  HTML page:      https://secwatch.observer/filing/0000845877-24-000242

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer