---
schema_version: "secwatch.filing_event.v1"
accession: "0000845877-26-000092"
form_type: "8-K"
ticker: "AGM"
cik: "0000845877"
company_name: "FEDERAL AGRICULTURAL MORTGAGE CORP"
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:41:20.712500+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Farmer Mac Q1 record volume $34.8B (+17%), net income $51.8M, EPS $4.75

## Summary
- Record outstanding business volume $34.8B (+17% YoY); net income $51.8M, diluted EPS $4.75 (up 18% YoY).
- Net interest income $101.4M (+11% YoY); net effective spread $102.0M (+13% YoY); core earnings $51.7M (+13% YoY).
- Strong segment volume growth: Renewable Energy +80%, Broadband Infrastructure +73%, Farm & Ranch +12%.
- Core capital $1.7B, Tier 1 Capital Ratio 13.0%; core ROE 17%; purchased $45M tax credits.
- CEO Brad Nordholm reiterates planned retirement; confident in executive team and business momentum.

## SEC filing metadata
- accession: 0000845877-26-000092
- form_type: 8-K
- ticker: AGM
- cik: 0000845877
- company_name: FEDERAL AGRICULTURAL MORTGAGE CORP
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/845877/000084587726000092/0000845877-26-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/845877/000084587726000092/agm-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000845877-26-000092
- JSON: https://secwatch.observer/filing/0000845877-26-000092.json
- Plain text: https://secwatch.observer/filing/0000845877-26-000092.txt

## Key facts
- Earnings Releases
  FEDERAL AGRICULTURAL MORTGAGE CORP reported financial results for the fiscal quarter ended March 31, 2026.
  - Period: the fiscal quarter ended March 31, 2026
  - Result: reported results
  source text: On May 5, 2026, the Federal Agricultural Mortgage Corporation (“ Farmer Mac ”) issued a press release to announce (1) its financial results for the quarterly period ended March 31, 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/845877/000084587726000092/0000845877-26-000092-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.