secwatch.observer — SEC 8-K summary
======================================

Issuer:     FEDERAL AGRICULTURAL MORTGAGE CORP (AGM)
CIK:        0000845877
Form:       8-K
Filed at:   2025-11-03T23:59:59+00:00
Accession:  0000845877-25-000251
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 reports record Q3 core earnings of $49.6M; net interest income up 13% YoY
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/845877/000084587725000251/0000845877-25-000251-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/845877/000084587725000251/agm-20251103.htm
  HTML page:      https://secwatch.observer/filing/0000845877-25-000251

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