---
schema_version: "secwatch.filing_event.v1"
accession: "0000845877-25-000032"
form_type: "8-K"
ticker: "AGM"
cik: "0000845877"
company_name: "FEDERAL AGRICULTURAL MORTGAGE CORP"
filed_at: "2025-02-21T23:59:59+00:00"
generated_at: "2026-05-26T07:46:52.154270+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Farmer Mac FY2024 net income $180.4M; raises quarterly dividend 7% to $1.50

## Summary
- FY2024 net income attributable to common stockholders $180.4M, up from $172.8M; diluted GAAP EPS $16.44, core EPS $15.64.
- Net interest income $353.9M (+8% YoY); net effective spread $339.6M (+4% YoY).
- Board raised quarterly common dividend 7% to $1.50 per share, 14th consecutive annual increase; payable March 31, 2025.
- Total core capital $1.5B, Tier 1 Capital Ratio 14.2%; liquidity coverage 264 days as of Dec 31, 2024.
- Outstanding business volume $29.5B; Q4 net change in volume $1.05B.

## SEC filing metadata
- accession: 0000845877-25-000032
- form_type: 8-K
- ticker: AGM
- cik: 0000845877
- company_name: FEDERAL AGRICULTURAL MORTGAGE CORP
- filed_at: 2025-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/845877/000084587725000032/0000845877-25-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/845877/000084587725000032/agm-20250221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000845877-25-000032
- JSON: https://secwatch.observer/filing/0000845877-25-000032.json
- Plain text: https://secwatch.observer/filing/0000845877-25-000032.txt

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