secwatch.observer — SEC 8-K summary
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Issuer:     FEDERAL AGRICULTURAL MORTGAGE CORP (AGM)
CIK:        0000845877
Form:       8-K
Filed at:   2025-05-09T23:59:59+00:00
Accession:  0000845877-25-000151
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Farmer Mac Q1 2025 core EPS $4.19 record; net effective spread $90M up 8% YoY
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/845877/000084587725000151/0000845877-25-000151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/845877/000084587725000151/agm-20250509.htm
  HTML page:      https://secwatch.observer/filing/0000845877-25-000151

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