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Federal Agricultural Mortgage Corporation  (AGMA)
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 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 11
 Employees 211
 Revenues (TTM) (Millions $) 350
 Net Income (TTM) (Millions $) 200
 Cash Flow (TTM) (Millions $) 28
 Capital Exp. (TTM) (Millions $) 0

Federal Agricultural Mortgage Corporation
The Federal Agricultural Mortgage Corporation (also known as Farmer Mac) is a US government-sponsored enterprise (GSE) that was established in 198 The main purpose of Farmer Mac is to provide a secondary market for agricultural real estate loans and rural housing mortgage loans. This helps farmers, ranchers, and other rural borrowers to obtain better access to credit and capital, which enables them to finance their operations and improve their livelihoods.

Farmer Mac operates as a private corporation, but it is authorized by Congress and supervised by the Federal Housing Finance Agency (FHFA). The company is headquartered in Washington, D.C. and has regional offices in California, Kentucky, and Texas.

Farmer Mac provides several types of products and services to its customers, including:

1. Agricultural Real Estate Loans:

Farmer Mac purchases or guarantees mortgage loans that are secured by a first lien on agricultural real estate. These loans are originated by lenders who serve the agricultural and rural markets. Farmer Mac provides liquidity to these lenders by purchasing their loans or issuing guarantees that reduce their risk.

2. Rural Housing Loans:

Farmer Mac also purchases or guarantees mortgage loans that are secured by residential properties in rural areas. These loans are originated by lenders who specialize in serving rural communities. Farmer Mac provides liquidity to these lenders by purchasing their loans or issuing guarantees that reduce their risk.

3. USDA-Guaranteed Loans:

Farmer Mac participates in the USDA's guaranteed loan program, which provides lenders with a government guarantee on rural housing and agricultural real estate loans. Farmer Mac purchases or guarantees these loans, which enables lenders to originate more loans and better serve their customers.

4. Correspondent Lending:

Farmer Mac also operates a correspondent lending program, which allows approved lenders to sell their loans to Farmer Mac. These loans must meet Farmer Mac's underwriting and eligibility requirements, and they can be sold on a flow or bulk basis.

In addition to the above products and services, Farmer Mac also provides financial reporting, risk management, and asset/liability management services to its customers. The company is known for its innovative and flexible approach to agribusiness lending, and it has helped thousands of rural borrowers to achieve their financial goals.


   Company Address: 1999 K Street, N.W. Washington, 20006 DC
   Company Phone Number: 872-7700   Stock Exchange / Ticker: 0 AGMA
   


Customers Net Income fell by AGMA's Customers Net Profit Margin fell to

-31.63 %

24.06 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
FMCC   -1.83%    
FNMA        4% 
ACGL        2.96% 
AIG        4.78% 
ESNT        0.71% 
MTG        0.7% 
• View Complete Report
   



Federal Agricultural Mortgage Corporation

AGMA Sees Solid Growth with a 12.15% Increase in Fourth Quarter Income2.

The Federal Agricultural Mortgage Corporation, also known as AGMAs, recently released its financial results for the fiscal year ending December 31, 2023. The company reported revenue of $85.58 million and earnings per share of $3.71. These figures represent an increase of 11.876% in revenue compared to the previous year and a growth of 12.15% in net profit per share.
However, despite these positive results, AGMAs' business growth in the fourth quarter of 2023 was lower than the industry average. Most companies in the Miscellaneous Financial Services sector recorded a growth rate of 14.00% in the same period, while AGMAs fell short of this mark. This lower growth rate may indicate that AGMAs faced some challenges or had slower growth compared to its competitors.

Federal Agricultural Mortgage Corporation

Federal Agricultural Mortgage Corporation Shatters Expectations with Astonishing Financial Results in 2023 Q3 Earnings Season

Federal Agricultural Mortgage Corporation (AGMA) recently announced its impressive financial results for the third quarter of the 2023 earnings season. The company reported a remarkable increase in revenue by 36.199% to $97.28 million and a soaring profit per share by 47.48% to $4.69 per share, compared to the previous year.
This outperformance by AGMA is notable in the context of the Miscellaneous Financial Services industry, as the industry's revenue only rose by 11.61% during the same period. AGMA's revenue growth has surpassed its industry peers, reflecting the company's successful business strategies and strong market position.

Federal Agricultural Mortgage Corporation

Federal Agricultural Mortgage Corporation Reports Revenue Growth, but Sees Decline in Net Earnings

In the latest financial report of the Federal Agricultural Mortgage Corporation (also known as Farmer Mac), it was revealed that the corporation experienced a decline in its net earnings despite an increase in revenue. Based on data from the first quarter ending on March 31, 2023, the corporation had a revenue growth of 1.89%, which totaled to $83.87 million. However, this could not prevent the corporation from experiencing an income demise of -2.12% in proportion to the comparable reporting period a year ago.
When compared to the previous reporting period, it showed that earnings per share surged by 11.59% from $3.31 per share, and revenue advanced by 9.642% from $76.49 million. Despite the mentioned increase in revenue, the net earnings of $47.035 million fell by -1.68% from the previous year's corresponding period of $47.837 million.






 

Federal Agricultural Mortgage's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Federal Agricultural Mortgage does not provide revenue guidance.

Earnings Outlook
Federal Agricultural Mortgage Corporation does not provide earnings estimates.

 
Geographic Revenue Dispersion




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