earnings
confidence high
sentiment positive
materiality 0.75
Farmer Mac Q1 2025 core EPS $4.19 record; net effective spread $90M up 8% YoY
FEDERAL AGRICULTURAL MORTGAGE CORP
2025-Q1 EPS reported
$4.01
- Net income attributable to common stockholders $44.0M; core earnings record $46.0M ($4.19 diluted), up 6% YoY.
- Net interest income $90.9M (+5% YoY); net effective spread (non-GAAP) $90.0M, an all-time high.
- Outstanding business volume reached $29.8B; added $1.8B in liquidity for rural lenders in Q1.
- Total core capital $1.5B, exceeding statutory requirement by 65%; Tier 1 Capital Ratio 13.9%.
- CEO cites record revenue and core earnings as foundation for navigating market volatility.