earnings
confidence high
sentiment positive
materiality 0.70
Farmer Mac reports record core earnings $182.9M, raises quarterly dividend 7% to $1.60
FEDERAL AGRICULTURAL MORTGAGE CORP
2025-FY EPS reported
$16.62
- Record core earnings of $182.9M ($16.66 diluted) up 7% YoY; GAAP net income $182.5M ($16.62 diluted).
- Net effective spread record $383.0M, up 13% YoY; outstanding business volume $33.4B, up 13%.
- Quarterly common dividend raised 7% to $1.60 per share, payable Mar 31 to holders of record Mar 16.
- Net interest income $390.7M up 10% YoY; Tier 1 Capital Ratio 13.3% as of Dec 31.
- Q4 core EPS $3.66 down 8% YoY due to isolated credit events; full-year trajectory remains positive.