Federal Agricultural Mortgage Corporation
NYSE•AGM
CEO: Mr. Bradford Todd Nordholm
Sector: Financial Services
Industry: Financial - Credit Services
Listing Date: 1994-02-10
Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Corporate AgFinance, Farm & Ranch, Rural Utilities, and Renewable Energy. The company's Agricultural Finance line of business engages in purchasing and retaining eligible loans and securities; guaranteeing the payment of principal and interest on securities that represent interests in or obligations secured by pools of eligible loans; servicing eligible loans; and issuing LTSPCs for eligible loans. Its Rural Infrastructure Finance line of business is involved in the purchase of rural utilities loans and renewable energy loans and guarantees of securities backed by loans, as well as LTSPCs for pools of eligible rural utilities loans; by loans for electric or telecommunications facilities by lenders organized as cooperatives to borrowers; and other financial institutions that are secured by pools of eligible loans. Federal Agricultural Mortgage Corporation was incorporated in 1987 and is headquartered in Washington, the District of Columbia.
Contact Information
2100 Pennsylvania Avenue NW, Suite 450N, Washington, DC, 20037, United States
(202)-872-7700
Market Cap
$1.90B
P/E (TTM)
10.8
29.2
Dividend Yield
3.5%
52W High
$210.64
52W Low
$136.57
52W Range
Rank35Top 29.9%
4.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$107.90M+0.00%
4-Quarter Trend
EPS
$3.71+0.00%
4-Quarter Trend
FCF
$103.41M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Core Earnings Increased Core earnings reached $182.9M in 2025, showing an $11.3M increase driven by strong Net Effective Spread growth.
Business Volume Grew Total outstanding business volume reached $33.35B as of December 31, 2025, reflecting a net growth of $3.83B year over year.
Capital Exceeds Requirement Regulatory capital of $1.7B exceeded the risk-based requirement of $201.3M by approximately $1.5B.
Quarterly Dividend Increased Quarterly common stock dividend declared for Q1 2026 is $1.60 per share, representing a 7% increase over 2025.
Risk Factors
Substandard Assets Increased Total substandard assets rose $129.0M to $569.8M in 2025, concentrated in Corporate AgFinance and Broadband Infrastructure segments.
Provision Expense Spiked Net provision expense for losses increased $21.3M to $32.9M in 2025, driven by specific credit deteriorations.
External Economic Stress Risks Geopolitical instability, supply chain disruptions, and severe weather events could impair borrower profitability and increase loan defaults.
AgVantage Counterparty Concentration $7.6B of $8.4B outstanding AgVantage securities were issued by only three counterparties, posing concentration risk.
Outlook
Infrastructure Finance Opportunities Expect infrastructure opportunities to persist, driven by strong interest in data centers, broadband expansion, and renewable energy projects.
Investing in Technology Platforms Anticipate ongoing increases in operating expenses aligned with planned expansion of investments in technology and business infrastructure.
Farm Loan Growth Expected Strong Farm & Ranch loan purchase portfolio growth expected to maintain trends into 2026 due to tightening agricultural economy needs.
Expanding Product Offerings Ongoing development efforts aim to attract private lenders and diversify customer base through expanded loan servicing capabilities.
Peer Comparison
Revenue (TTM)
$4.43B
$2.45B
$1.88B
Gross Margin (Latest Quarter)
100.0%
99.1%
96.9%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| NIC | $2.30B | 16.3 | 9.0% | 1.2% |
| NTB | $2.22B | 9.2 | 21.6% | 0.9% |
| NWBI | $2.02B | 15.3 | 7.3% | 0.0% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-34.5%
Growth Under Pressure
4Q Net Income CAGR
-1.2%
Stable Profitability
Cash Flow Stability
50%
Cash Flow Needs Attention
Deep Research
Next earnings:May 5, 2026
EPS:$4.44
|Revenue:$110.76M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data