{"schema_version":"secwatch.filing_event.v1","accession":"0000845877-25-000151","form_type":"8-K","ticker":"AGM","cik":"0000845877","company_name":"FEDERAL AGRICULTURAL MORTGAGE CORP","filed_at":"2025-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.455462+00:00","generated_at":"2026-05-22T02:41:27.528084+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Farmer Mac Q1 2025 core EPS $4.19 record; net effective spread $90M up 8% YoY","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000845877-25-000151","json":"https://secwatch.observer/filing/0000845877-25-000151.json","markdown":"https://secwatch.observer/filing/0000845877-25-000151.md","text":"https://secwatch.observer/filing/0000845877-25-000151.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/845877/000084587725000151/0000845877-25-000151-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/845877/000084587725000151/agm-20250509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T02:41:27.528084+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}