earnings
confidence high
sentiment positive
materiality 0.75
Farmer Mac reports record Q3 core earnings of $49.6M; net interest income up 13% YoY
FEDERAL AGRICULTURAL MORTGAGE CORP
2025-Q3 EPS reported
$12.93
- Net interest income $98.5M (+13% YoY); record net effective spread $97.8M (+14% YoY).
- Diluted GAAP EPS $4.44; core diluted EPS $4.52, up 10% YoY.
- Outstanding business volume reached $31.1B; added $2.5B in liquidity during Q3.
- Total core capital $1.7B, 75% above statutory requirement; Tier 1 Capital Ratio 13.9%.
- Issued $100M of 6.500% Series H non-cumulative preferred stock in Q3.