See more : Oregon Bancorp, Inc. (ORBN) Income Statement Analysis – Financial Results
Complete financial analysis of Federal Agricultural Mortgage Corporation (AGM) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Federal Agricultural Mortgage Corporation, a leading company in the Financial – Credit Services industry within the Financial Services sector.
You may be interested
- HPX Corp. (HPX-WT) Income Statement Analysis – Financial Results
- Reko International Group Inc. (RKIGF) Income Statement Analysis – Financial Results
- Global Seafood Technologies, Inc. (GSFD) Income Statement Analysis – Financial Results
- Lucky Film Company,Limited (600135.SS) Income Statement Analysis – Financial Results
- Tuesday Morning Corporation (TUEM) Income Statement Analysis – Financial Results
Federal Agricultural Mortgage Corporation (AGM)
About Federal Agricultural Mortgage Corporation
Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Farm & Ranch, USDA (United States Department of Agriculture) Guarantees, Rural Utilities, and Institutional Credit. The Farm & Ranch segment purchases and retains eligible mortgage loans that are secured by first liens on agricultural real estate; securitizes eligible mortgage loans, and guarantees the timely payment of principal and interest on securities representing interests in or obligations secured by pools of mortgage loans; and issues long-term standby purchase commitments (LTSPC) on designated eligible mortgage loans. The USDA Guarantees segment purchases portions of certain agricultural and rural development loans guaranteed by the USDA. The Rural Utilities segment purchases and guarantees securities that are backed by loans for electric or telecommunications facilities by lenders organized as cooperatives to borrowers; and purchases eligible rural utilities loans and guarantees of securities backed by those loans, as well as LTSPCs for pools of eligible rural utilities loans. The Institutional Credit segment guarantees and purchases general obligations of lenders and other financial institutions that are secured by pools of loans eligible under the Farmer Mac's Farm & Ranch, USDA Guarantees, or Rural Utilities lines of business. Federal Agricultural Mortgage Corporation was founded in 1987 and is headquartered in Washington, District of Columbia.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 349.21M | 309.11M | 238.84M | 206.89M | 194.08M | 186.18M | 175.16M | 160.74M | 145.95M | 103.64M | 162.43M | 125.72M | 73.92M | 101.02M | 188.66M | 121.20M | 31.24M | 65.40M | 53.42M | 62.27M | 61.28M | 51.28M | 42.58M | 29.77M | 22.60M | 15.90M | 12.40M | 5.50M | 3.00M | 2.60M | 3.00M | 2.60M |
| Cost of Revenue | 0.00 | 819.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.41M | 0.00 | 0.00 | 134.00K | 823.00K | 2.17M | 0.00 | 0.00 | 0.00 | 123.00K | 13.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 349.21M | 308.29M | 238.84M | 206.89M | 194.08M | 186.18M | 175.16M | 160.74M | 143.54M | 103.64M | 162.43M | 125.58M | 73.09M | 98.85M | 188.66M | 121.20M | 31.24M | 65.28M | 53.41M | 62.27M | 61.28M | 51.28M | 42.58M | 29.77M | 22.60M | 15.90M | 12.40M | 5.50M | 3.00M | 2.60M | 3.00M | 2.60M |
| Gross Profit Ratio | 100.00% | 99.74% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 98.35% | 100.00% | 100.00% | 99.89% | 98.89% | 97.85% | 100.00% | 100.00% | 100.00% | 99.81% | 99.98% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.43 | 0.40 | 0.28 | 0.23 | 0.27 | 0.32 | 0.35 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 34.96M | 78.54M | 70.35M | 58.48M | 49.07M | 47.24M | 40.19M | 37.88M | 35.16M | 31.21M | 29.38M | 30.31M | 27.62M | 28.04M | 24.85M | 30.45M | 22.74M | 20.66M | 8.22M | 7.04M | 6.12M | 10.69M | 9.70M | 8.27M | 7.80M | 5.20M | 4.60M | 2.80M | 2.30M | 2.60M | 2.30M | 2.40M |
| Selling & Marketing | 58.91M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 200.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 93.88M | 78.54M | 70.35M | 58.48M | 49.07M | 47.24M | 40.19M | 37.88M | 35.16M | 31.21M | 29.38M | 30.31M | 27.62M | 28.04M | 24.85M | 30.45M | 22.74M | 20.66M | 8.22M | 7.04M | 6.12M | 10.69M | 9.70M | 8.27M | 7.80M | 5.20M | 4.60M | 3.00M | 2.30M | 2.60M | 2.30M | 2.40M |
| Other Expenses | 0.00 | 52.85M | -141.58M | -127.94M | -104.50M | 370.20M | 244.31M | 172.66M | 141.43M | 169.41M | 137.25M | 146.41M | 158.38M | 146.96M | 3.99M | 180.55M | 255.26M | 0.00 | 153.79M | 95.86M | 96.48M | 105.13M | 126.70M | 155.87M | 105.60M | 78.40M | 60.70M | 27.00M | 28.80M | 23.80M | 24.80M | 12.20M |
| Operating Expenses | 97.10M | 82.63M | -71.23M | -69.46M | -55.43M | 420.00M | 287.00M | 213.00M | 179.00M | 203.00M | 169.00M | 179.00M | 186.00M | 175.00M | 121.00M | 211.00M | 278.00M | 9.77M | 162.00M | 102.90M | 102.60M | 115.82M | 136.39M | 164.13M | 113.40M | 83.60M | 65.30M | 30.00M | 31.10M | 26.40M | 27.10M | 14.60M |
| Cost & Expenses | 97.10M | 82.63M | -71.23M | -69.46M | -55.43M | 420.00M | 287.00M | 213.00M | 179.00M | 203.00M | 169.00M | 11.26M | 10.56M | 10.74M | 121.00M | 211.00M | 278.00M | 9.89M | 11.52M | 102.90M | 102.60M | 115.82M | 136.39M | 164.13M | 113.40M | 83.60M | 65.30M | 30.00M | 31.10M | 26.40M | 27.10M | 14.60M |
| Interest Income | 1.39B | 716.85M | 424.79M | 503.53M | 645.09M | 544.28M | 400.53M | 311.90M | 264.82M | 230.57M | 98.12M | 264.67M | 274.69M | 238.71M | 176.49M | 255.70M | 297.76M | 249.92M | 189.66M | 153.99M | 161.56M | 170.04M | 181.21M | 195.42M | 140.40M | 103.60M | 80.20M | 37.40M | 36.40M | 31.70M | 32.60M | 20.20M |
| Interest Expense | 1.06B | 445.91M | 204.01M | 312.95M | 471.96M | 369.85M | 242.89M | 171.63M | 139.02M | 170.72M | 137.28M | 142.69M | 153.38M | 142.67M | 90.59M | 166.98M | 253.31M | 211.63M | 156.41M | 120.75M | 124.31M | 135.01M | 154.27M | 177.72M | 125.40M | 93.00M | 73.00M | 34.70M | 34.70M | 30.30M | 30.80M | 18.50M |
| Depreciation & Amortization | 0.00 | 64.14M | 73.00M | 82.33M | 466.01M | 48.90M | 35.29M | 216.91M | -108.08M | -73.11M | -130.90M | -41.79M | -88.29M | -39.52M | 0.00 | 79.40M | 128.75M | 127.48M | 69.63M | 34.46M | 35.61M | 48.71M | 81.71M | 127.92M | 92.20M | 71.80M | 49.90M | 14.30M | 14.50M | 8.60M | 11.80M | 4.80M |
| EBITDA | 0.00 | 645.14M | 0.00 | 137.43M | 138.65M | 505.87M | 373.74M | 291.02M | 241.96M | 221.63M | 246.36M | 90.24M | -14.58M | 66.50M | 242.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 0.00% | 208.71% | 70.23% | 66.43% | 71.44% | 271.72% | 213.37% | 181.05% | 165.78% | 213.86% | 151.67% | 168.33% | 237.89% | 186.56% | 128.65% | 60.36% | 1,244.02% | 586.86% | 501.68% | 320.57% | 325.52% | 420.88% | 612.21% | 1,080.91% | 1,009.73% | 1,077.36% | 1,029.03% | 905.45% | 1,620.00% | 1,446.15% | 1,396.67% | 846.15% |
| Operating Income | 249.49M | 644.42M | 167.61M | 137.43M | 138.65M | 505.87M | 373.74M | 291.02M | 241.96M | 221.63M | 246.36M | 253.41M | 264.13M | 227.98M | 242.70M | -6.25M | 259.88M | 240.03M | 41.96M | 165.17M | 163.89M | 167.10M | 178.97M | 193.91M | 136.00M | 99.50M | 77.70M | 35.50M | 34.10M | 29.00M | 30.10M | 17.20M |
| Operating Income Ratio | 71.44% | 208.48% | 70.18% | 66.43% | 71.44% | 271.72% | 213.37% | 181.05% | 165.78% | 213.86% | 151.67% | 201.58% | 357.34% | 225.68% | 128.65% | -5.15% | 831.89% | 367.02% | 78.54% | 265.24% | 267.42% | 325.87% | 420.32% | 651.27% | 601.77% | 625.79% | 626.61% | 645.45% | 1,136.67% | 1,115.38% | 1,003.33% | 661.54% |
| Total Other Income/Expenses | 3.61M | 2.24M | 3.02M | -274.83M | 1.57M | 1.24M | 2.69M | -24.00K | -92.00K | 27.00K | 1.58M | -886.00K | -219.49M | -161.48M | 940.00K | -166.98M | -384.49M | -195.33M | 0.00 | 3.74M | -124.31M | -135.90M | -153.55M | -177.72M | -125.40M | -93.00M | -73.00M | -49.00M | -49.20M | -38.90M | -42.60M | -23.30M |
| Income Before Tax | 253.10M | 225.68M | 167.61M | 137.43M | 138.65M | 136.02M | 130.69M | 119.36M | 108.08M | 73.11M | 131.27M | 91.12M | 44.65M | 66.50M | 152.12M | -173.23M | 6.58M | 44.70M | 41.96M | 44.42M | 39.58M | 31.19M | 25.43M | 16.19M | 10.60M | 6.50M | 4.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 72.48% | 73.01% | 70.18% | 66.43% | 71.44% | 73.06% | 74.61% | 74.25% | 74.05% | 70.54% | 80.81% | 72.48% | 60.40% | 65.83% | 80.63% | -142.93% | 21.06% | 68.35% | 78.54% | 71.33% | 64.58% | 60.83% | 59.71% | 54.36% | 46.90% | 40.88% | 37.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 53.10M | 47.54M | 35.35M | 28.79M | 29.11M | 27.94M | 46.37M | 42.06M | 34.24M | 2.82M | 33.75M | 22.16M | 5.80M | 13.80M | 52.52M | -22.86M | -83.00K | 12.69M | 12.45M | 13.95M | 12.31M | 9.33M | 8.42M | 5.75M | 3.70M | 800.00K | 100.00K | 34.70M | 34.70M | 30.30M | 30.80M | 18.50M |
| Net Income | 200.00M | 178.14M | 136.09M | 108.65M | 109.55M | 108.08M | 84.48M | 77.33M | 68.70M | 48.09M | 75.33M | 46.77M | 16.66M | 31.99M | 99.60M | -150.36M | 6.66M | 32.01M | 29.51M | 30.47M | 27.27M | 22.75M | 16.28M | 10.44M | 6.90M | 5.70M | 4.60M | 800.00K | -600.00K | -1.30M | -700.00K | -1.30M |
| Net Income Ratio | 57.27% | 57.63% | 56.98% | 52.51% | 56.44% | 58.05% | 48.23% | 48.11% | 47.07% | 46.40% | 46.38% | 37.21% | 22.54% | 31.67% | 52.79% | -124.06% | 21.32% | 48.95% | 55.24% | 48.93% | 44.50% | 44.37% | 38.23% | 35.05% | 30.53% | 35.85% | 37.10% | 14.55% | -20.00% | -50.00% | -23.33% | -50.00% |
| EPS | 15.96 | 13.99 | 10.36 | 8.31 | 8.76 | 10.15 | 6.73 | 6.12 | 4.33 | 3.50 | 6.64 | 4.19 | 1.33 | 2.16 | 8.12 | -15.03 | 0.43 | 2.74 | 4.14 | 3.24 | 2.13 | -1.98 | 1.44 | 0.94 | 0.64 | 0.53 | 0.48 | 0.14 | -0.09 | -0.18 | -0.29 | -0.58 |
| EPS Diluted | 15.80 | 13.87 | 10.27 | 8.27 | 8.69 | 10.06 | 6.60 | 5.97 | 4.19 | 3.37 | 6.41 | 3.98 | 1.28 | 2.08 | 8.04 | -15.03 | 0.42 | 2.68 | 4.09 | 3.20 | 2.08 | -1.98 | 1.38 | 0.92 | 0.62 | 0.52 | 0.46 | 0.14 | -0.09 | -0.18 | -0.29 | -0.58 |
| Weighted Avg Shares Out | 10.83M | 10.79M | 10.76M | 10.73M | 10.70M | 10.65M | 10.59M | 10.48M | 10.94M | 10.93M | 10.82M | 10.48M | 10.34M | 10.23M | 10.14M | 10.01M | 10.37M | 10.87M | 11.36M | 12.04M | 11.75M | 11.57M | 11.31M | 11.10M | 10.81M | 13.79M | 12.54M | 8.42M | 7.00M | 7.33M | 2.38M | 2.24M |
| Weighted Avg Shares Out (Dil) | 10.94M | 10.88M | 10.85M | 10.79M | 10.78M | 10.75M | 10.80M | 10.75M | 11.31M | 11.35M | 11.21M | 11.02M | 10.80M | 10.62M | 10.24M | 10.01M | 10.59M | 11.11M | 11.50M | 12.19M | 12.03M | 12.02M | 11.80M | 11.34M | 11.16M | 13.79M | 12.54M | 8.42M | 7.00M | 7.33M | 2.38M | 2.24M |
Federal Agricultural Mortgage (AGM) Tops Q3 Earnings and Revenue Estimates
Federal Agricultural Mortgage (AGM) came out with quarterly earnings of $4.13 per share, beating the Zacks Consensus Estimate of $3.92 per share. This compares to earnings of $3.07 per share a year ago.
Farmer Mac: A Lot To Like About It
Federal Agricultural Mortgage Corporation (Farmer Mac) provides loans to farmers, agriculture-related businesses, and rural infrastructure projects, backed by the Federal Government. The company has a strong dividend growth history and even though it currently yields less than bonds, its stock...
Farmer Mac to Announce Third Quarter 2023 Financial Results
WASHINGTON , Oct. 23, 2023 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of financing for American agriculture and rural infrastructure, today announced that it will...
3 Mortgage & Related Services Stocks to Watch Amid Industry Woes
High mortgage rates and low origination volumes are hurting the Zacks Mortgage & Related Services industry's prospects. Nonetheless, stocks like AGM, VEL and TREE are better positioned to escape the industry challenges.
Farmer Mac (AGM) is on the Move, Here's Why the Trend Could be Sustainable
Farmer Mac (AGM) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength"...
This Dynamic Duo Provides Double-Digit Dividend Growth (21%) And Twice The S&P 500 Returns
Stocks with rapidly growing dividends can outperform the market and generate powerful dividend growth. Both AGM and UFPI have more than doubled the returns of the S&P 500 over five and ten year periods. AGM benefits from federal programs that...
Farmer Mac (AGM) is on the Move, Here's Why the Trend Could be Sustainable
Farmer Mac (AGM) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength"...
Best Momentum Stock to Buy for August 10th
AGM, FLR and NVMI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 10, 2023.
Farmer Mac Declares Quarterly Dividends on Common and Preferred Stock
WASHINGTON , Aug. 9, 2023 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a third quarter dividend of $1.10 per share for each of Farmer Mac's three classes of common stock –...
Farmer Mac: This 'Hold Forever' Stock Keeps Purring
Farmer Mac has generated a total return of 131% over the past four years, double the S&P 500 return. Q2 earnings for Farmer Mac increased by 24% compared to the previous year, with stable interest margins and strong credit quality....
Source: https://incomestatements.info
Category: Stock Reports