secwatch.observer — SEC 8-K summary
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Issuer:     FEDERAL AGRICULTURAL MORTGAGE CORP (AGM)
CIK:        0000845877
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0000845877-26-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Farmer Mac reports record core earnings $182.9M, raises quarterly dividend 7% to $1.60
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/845877/000084587726000016/0000845877-26-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/845877/000084587726000016/agm-20260219.htm
  HTML page:      https://secwatch.observer/filing/0000845877-26-000016

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