Highest-materiality recent filing
Farmer Mac completes 4M-share 6.875% Series I preferred stock issuance
Issued 4,000,000 shares of 6.875% Non-Cumulative Preferred Stock, Series I.
Farmer Mac annual meeting elects 10 directors, ratifies PwC, approves say-on-pay
All 10 board nominees elected: 5 by Class A stockholders (Engebretsen, Logan, McKissack, Plagge, Ware) and 5 by Class B (Crawford, Gales, Riel, Sexton, Shaw).
Farmer Mac declares $1.60 quarterly common dividend; preferred dividends set for Q2 2026
Common dividend $1.60/share payable June 30, 2026 to holders of record June 15, 2026.
Farmer Mac prices $100M of 6.875% Series I preferred stock, net ~$97M
Offering of 4M shares at $25 par, 6.875% non-cumulative perpetual preferred, net proceeds ~$97M.
Farmer Mac Q1 record volume $34.8B (+17%), net income $51.8M, EPS $4.75
Record outstanding business volume $34.8B (+17% YoY); net income $51.8M, diluted EPS $4.75 (up 18% YoY).
Farmer Mac appoints Mandy Talan as principal accounting officer
Appointed Mandy M. Talan, age 45, as principal accounting officer effective April 21, 2026.
Farmer Mac Announces Q1 2026 Earnings Release and Conference Call for May 5, 2026
Financial results for quarter ended March 31, 2026 will be released on May 5, 2026 after market close.
Farmer Mac Chief Accounting Officer Gregory Ramsey to retire April 8; Pullins interim
Gregory N. Ramsey retiring as VP-Chief Accounting Officer effective April 8, 2026.
Farmer Mac posts investor day presentation; no specific data in filing
Farmer Mac posted an investor slide presentation on March 18, 2026, to its website.
CEO Nordholm salary unchanged; COO Carpenter salary raised from $575K to $650K, CCO Crady to $435K.
Farmer Mac announces Investor Day webcast for March 18, 2026
Investor Day scheduled for Wednesday, March 18, 2026 in New York City.
Farmer Mac reports record core earnings $182.9M, raises quarterly dividend 7% to $1.60
Record core earnings of $182.9M ($16.66 diluted) up 7% YoY; GAAP net income $182.5M ($16.62 diluted).
Farmer Mac schedules Q4/FY 2025 earnings release and conference call for Feb 19, 2026
Financial results for quarter and year ended Dec 31, 2025 to be released after market close on Feb 19, 2026.
By-laws amended on Jan 27, 2026; include authorization for a Board-approved Treasurer position.
Farmer Mac appoints Matthew Pullins as EVP-CFO; base salary $550k, sign-on bonus $150k
Appointment effective Dec 11, 2025; Pullins replaces Gregory Ramsey as principal financial officer; Ramsey remains CAO.
Farmer Mac closes $313.5M agricultural mortgage-backed securitization (FARM Series 2025-2)
Securitization of 343 agricultural loans totaling $313.5M; includes $290M guaranteed senior tranche and $23.5M unguaranteed subordinate tranche.
Farmer Mac declares $1.50/share quarterly common dividend; preferred dividends set
Common stock dividend of $1.50 per share payable Dec 31, 2025 to holders of record Dec 15, 2025.
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).
Farmer Mac to release Q3 2025 results on Nov 3, conference call at 4:30 p.m. ET
Press release issued Oct 20 announcing Q3 2025 earnings call scheduled for Nov 3.
White House nominates Jeffrey Kaufmann to replace Chester Culver on Farmer Mac board
Chester Culver's board position ended effective September 30, 2025, at White House direction.
Farmer Mac CEO Nordholm to retire by March 2027; Carpenter named President/COO and successor CEO
Bradford T. Nordholm to retire as CEO on March 31, 2027; resigned as President effective Sept 25, 2025.
Farmer Mac CEO Nordholm to retire March 2027; Carpenter named President/COO and successor CEO
Bradford T. Nordholm to retire as CEO on March 31, 2027.
Farmer Mac declares $0.2347222/share Series H preferred dividend, payable Oct 17
Dividend of $0.2347222 per share on 6.500% Non-Cumulative Preferred Stock, Series H (NYSE: AGM.PR.H).
Farmer Mac closes issuance of 4M shares of 6.500% Series H Preferred Stock
Issued 4,000,000 shares of 6.500% Non-Cumulative Preferred Stock, Series H.
Farmer Mac prices $100M of 6.500% Series H preferred stock, net proceeds ~$97.1M
Priced $100M (4M shares at $25 par) of 6.500% non-cumulative perpetual Series H preferred stock.
Farmer Mac names Geraldine Hayhurst as Chief Legal Officer; Stephen Mullery to retire in April 2026
Stephen Mullery, EVP-General Counsel & Secretary, to retire on April 3, 2026 after 25 years.
Farmer Mac declares $1.50 quarterly common dividend; preferred dividends affirmed
$1.50 per share common dividend payable Sept 30 to holders of record Sept 15.
Farmer Mac reports record Q2 core earnings of $47.4M; business volume exceeds $30B
Net income attributable to common stockholders $49.2M (+22% YoY); GAAP diluted EPS $4.48.
Farmer Mac schedules Q2 2025 earnings release and conference call for Aug 7
Results for quarter ended June 30, 2025 to be released after market close on Aug 7.
Farmer Mac CFO Aparna Ramesh resigning effective July 31; Gregory Ramsey named interim CFO
CFO Aparna Ramesh resigns effective July 31, 2025 to pursue another opportunity; resignation unrelated to accounting or controls.
Farmer Mac CFO Aparna Ramesh resigns to become CEO of FHLB Office of Finance
CFO Aparna Ramesh resigns effective July 31, 2025, to become CEO of Federal Home Loan Banks Office of Finance.
Farmer Mac closes $300.1M agricultural mortgage securitization (FARM 2025-1)
$300.1M securitization of 350 agricultural mortgage loans; sixth FARM transaction since 2021.
Farmer Mac amends bylaws, reports annual meeting results
Bylaws amended: executive officer defined as EVP or higher (previously SVP+); CEO may appoint SVP and below.
Farmer Mac declares $1.50/share quarterly common dividend; preferred dividends unchanged
Common dividend of $1.50 per share payable June 30, 2025 to holders of record June 16, 2025.
Farmer Mac Q1 2025 core EPS $4.19 record; net effective spread $90M up 8% YoY
Net income attributable to common stockholders $44.0M; core earnings record $46.0M ($4.19 diluted), up 6% YoY.
Farmer Mac schedules Q1 2025 earnings release for May 9 before market open
Q1 2025 financial results will be released on Friday, May 9, 2025, before equity market open.
Farmer Mac appoints Daniel L. Shaw to board; replaces deceased director Roy H. Tiarks
Daniel L. Shaw appointed to Farmer Mac Board on March 26, 2025, filling vacancy from Roy H. Tiarks' death in Feb 2025.
Base salaries of four executives raised $10K-$15K, effective retroactively to Jan 1, 2025.
Farmer Mac FY2024 net income $180.4M; raises quarterly dividend 7% to $1.50
FY2024 net income attributable to common stockholders $180.4M, up from $172.8M; diluted GAAP EPS $16.44, core EPS $15.64.
Director Roy H. Tiarks dies at 74; Board vacancy to be filled before May 2025 meeting
Roy H. Tiarks, a Board member since May 2021, died on February 4, 2025.
Farmer Mac schedules Q4/FY2024 earnings release and conference call for Feb 21, 2025
Q4 and full-year 2024 results to be released before market open on February 21, 2025.
Farmer Mac expands CFC note purchase facility to $6.5B, extends term to 2030
Maximum purchase amount increased from $6 billion to $6.5 billion.
Farmer Mac closes $318.8M agricultural mortgage securitization (FARM 2024-2)
Fifth FARM series securitization since 2021; pool of 446 agricultural loans.
Farmer Mac declares $1.40 common stock quarterly dividend
Common dividend of $1.40/share payable Dec 31, 2024; record date Dec 16, 2024.
Farmer Mac Q3 2024: net income $42.3M, core EPS $4.10, business volume $28.5B
Net income attributable to common stockholders $42.3M; diluted EPS $3.86 (GAAP), core EPS $4.10.
Farmer Mac schedules Q3 2024 earnings release and conference call for Nov 4
Q3 2024 results to be released Monday, Nov 4, 2024 before equity market open.
Farmer Mac moves headquarters to 2100 Pennsylvania Ave NW, Washington, D.C.
New office designed for collaboration, flexibility, and sustainability.
Farmer Mac declares $1.40/share common dividend and preferred dividends for Q3 2024
Common stock quarterly dividend $1.40/share, payable Sept 30, 2024, record Sept 16, 2024.
Farmer Mac Q2 2024: core EPS $3.63 (down 6% YoY), net interest income $87.3M (+11% YoY)
Net income attributable to common $40.3M, down $0.1M YoY; diluted GAAP EPS $3.68 vs $3.70.
Farmer Mac sets Q2 2024 earnings call for Aug 5 after market close
Financial results for quarter ended June 30, 2024 to be released Aug 5, 2024 after market close.
Daniel L. Shaw of Edgar, Nebraska became a member of the Board of Directors (“Board”) of the Federal Agricultural Mortgage Corporation (“Farmer Mac”) on March 26, 2025.
the vacancy created by the death of former Board member Roy H. Tiarks in February 2025.
Max materiality 0.75 · Median 0.40 · Most common event other_material