Highest-materiality recent filing
Farmer Mac Q2 2026: record volume $37.2B, core EPS $5.40, up 24% YoY
Net income $58.9M ($5.41 diluted EPS); core earnings $58.8M ($5.40 diluted core EPS), up 24% YoY.
CEO Bradford T. Nordholm to retire on July 1, 2026, earlier than planned March 31, 2027.
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 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 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 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 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 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 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 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 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 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.
On August 12, 2026, the Board of Directors (“Board”) of the Federal Agricultural Mortgage Corporation (“Farmer Mac”) appointed Robert J. Maines (“Mr. Maines”) to serve as Farmer Mac’s Executive Vice President – Chief Operations Officer, effective August 17, 2026 (the “Effective Date”).
On June 3, 2026, the Board affirmed that Zachary N. Carpenter (“Mr. Carpenter”) would begin service as Farmer Mac’s Chief Executive Officer on July 1, 2026.
On June 3, 2026, the Board of Directors (the “Board”) and Mr. Nordholm agreed to terms for Mr. Nordholm’s earlier retirement as Chief Executive Officer of Farmer Mac effective as of July 1, 2026.
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.
Chester J. Culver of West Des Moines, Iowa became a member of the Board of Directors (“Board”) of the Federal Agricultural Mortgage Corporation (“Farmer Mac”) on May 23, 2022.
Mr. Culver replaces Myles J. Watts on Farmer Mac’s Board, who had served since September 2010.
Max materiality 0.80 · Median 0.40 · Most common event other_material