← FEDERAL AGRICULTURAL MORTGAGE CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total interest income | $311.9m |
$400.5m
+28.42%
|
$544.3m
+35.89%
|
$645.1m
+18.52%
|
$503.5m
-21.94%
|
$424.8m
-15.64%
|
$716.8m
+68.75%
|
$1.4b
+94.22%
|
$1.6b
+15.17%
|
$1.6b
+0.54%
|
— | |
| Non-interest income | $20.5m | $17.5m | $11.7m | $20.9m | $16.1m | $19.4m | $38.7m | $23.5m | $21.4m | $17.6m | $23.1m | |
| Net interest income | $140.3m |
$157.6m
+12.39%
|
$174.4m
+10.65%
|
$173.1m
-0.75%
|
$190.6m
+10.08%
|
$220.8m
+15.84%
|
$270.9m
+22.72%
|
$327.5m
+20.89%
|
$353.9m
+8.04%
|
$390.7m
+10.42%
|
$422.5m
+8.12%
|
|
| General and administrative | $15.1m | $16.0m | $19.7m | $20.3m | $22.0m | $27.5m | $29.8m | $35.0m | $38.2m | $44.6m | $126.8m | |
| Operating expenses | — | — | $49.8m | $51.9m | $61.4m | $73.4m | $82.6m | $97.1m | $105.6m | $119.8m | — | |
| Total interest expense | $171.6m | $242.9m | $369.8m | $472.0m | $312.9m | $204.0m | $445.9m | $1.1b | $1.2b | $1.2b | — | |
| Net interest income after provision for losses | $139.2m |
$155.9m
+12.02%
|
$174.2m
+11.71%
|
$169.6m
-2.62%
|
$182.8m
+7.75%
|
$221.6m
+21.26%
|
$269.6m
+21.65%
|
$326.7m
+21.17%
|
$342.3m
+4.77%
|
$357.9m
+4.55%
|
$422.5m
+18.05%
|
|
| Other income | $1.8m | $832k | $1.4m | $1.9m | $3.5m | $2.1m | $2.6m | $4.2m | $3.0m | $3.2m | — | |
| Income before income taxes | $119.4m | $130.7m | $136.0m | $138.7m | $137.4m | $167.6m | $225.7m | $253.1m | $258.1m | $255.7m | $280.4m | |
| Income tax expense | $42.1m | $46.4m | $27.9m | $29.1m | $28.8m | $35.4m | $47.5m | $53.1m | $50.9m | $48.3m | $51.4m | |
| Net income | $77.3m |
$84.5m
+9.24%
|
$108.1m
+27.93%
|
$109.5m
+1.36%
|
$108.6m
-0.82%
|
$132.3m
+21.73%
|
$178.1m
+34.69%
|
$200.0m
+12.27%
|
$207.2m
+3.59%
|
$207.4m
+0.11%
|
$200.0m
-3.55%
|
|
| Net income attributable to common stockholders | $64.2m |
$71.3m
+11.14%
|
$94.9m
+33.10%
|
$93.7m
-1.32%
|
$89.2m
-4.78%
|
$107.6m
+20.64%
|
$151.0m
+40.34%
|
$172.8m
+14.48%
|
$180.4m
+4.39%
|
$182.5m
+1.14%
|
$200.0m
+9.62%
|
|
| Preferred stock dividends | ($13.2m) | ($13.2m) | ($13.2m) | ($13.9m) | ($17.8m) | ($24.7m) | ($27.2m) | ($27.2m) | ($25.1m) | ($24.9m) | $29.0m | |
| Basic earnings per common share (in dollars per share) | $6.12 | $6.73 | $8.91 | $8.76 | $8.31 | $10.00 | $14.00 | $15.97 | $16.59 | $16.73 | — | |
| Diluted earnings per common share (in dollars per share) | $5.97 | $6.60 | $8.83 | $8.69 | $8.27 | $9.92 | $13.87 | $15.81 | $16.44 | $16.62 | — | |
| Investment securities and cash equivalents | $27.0m | $34.6m | $55.2m | $81.5m | $42.1m | $18.7m | $82.7m | $287.1m | $345.5m | $846.4m | — | |
| Loans | $134.6m | $162.2m | $198.2m | $229.7m | $233.7m | $242.6m | $350.4m | $514.9m | $629.2m | $765.8m | — | |
| Provision for losses | — | — | ($238k) | ($3.5m) | ($7.8m) | $860k | ($1.3m) | ($858k) | ($11.6m) | ($32.9m) | — | |
| Guarantee and commitment fees | $14.9m | $14.1m | $14.0m | $13.7m | $12.5m | $12.7m | $13.0m | $16.7m | $15.7m | $19.6m | — | |
| (Losses)/gains on financial derivatives | $2.3m | $753k | ($3.7m) | $5.3m | ($246k) | ($3.3m) | $22.6m | $2.9m | $2.6m | ($5.1m) | — | |
| Compensation and employee benefits | $22.8m | $24.2m | $27.5m | $28.8m | $36.5m | $42.8m | $48.8m | $58.9m | $64.0m | $71.3m | — | |
| Regulatory fees | $2.5m | $2.5m | $2.6m | $2.8m | $2.9m | $3.1m | $3.3m | $3.2m | $3.2m | $3.9m | — | |
| Loss on retirement of preferred stock | $0 | $0 | $0 | ($2.0m) | ($1.7m) | $0 | $0 | $0 | ($1.6m) | $0 | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.