earnings
confidence high
sentiment positive
materiality 0.75
Farmer Mac reports record Q2 core earnings of $47.4M; business volume exceeds $30B
FEDERAL AGRICULTURAL MORTGAGE CORP
2025-Q2 EPS reported
$8.49
- Net income attributable to common stockholders $49.2M (+22% YoY); GAAP diluted EPS $4.48.
- Record core earnings $47.4M ($4.32 per diluted share), up 19% YoY.
- Net effective spread a record $93.9M, up 12% YoY; net interest income $96.8M (+11%).
- Outstanding business volume surpassed $30B for the first time; added $2.1B in liquidity in Q2.
- Share repurchase authorization increased to $50M and extended through August 2027.
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