Business
Farmer Mac Reports First Quarter 2025 Results
The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of financing to provide vital liquidity for American agriculture and rural infrastructure, today announced its results for the fiscal quarter ended March 31, 2025.
About this update from Federal Agricultural Mortgage Corporation
[{"type":"text","content":"- Outstanding Business Volume of $29.8 Billion -","length":48,"tagName":"p","attribs":{}},{"type":"text","content":"WASHINGTON, May 9, 2025 /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 to provide vital liquidity for American agriculture and rural infrastructure, today announced its results for the fiscal quarter ended March 31, 2025.","length":370,"tagName":"p"},{"type":"image","alt":"Farmer Mac Logo: Accelerating Rural Opportunities (PRNewsfoto/Farmer Mac)","displaySize":"","headline":null,"caption":"Farmer Mac Logo: Accelerating Rural Opportunities (PRNewsfoto/Farmer Mac)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":95,"url":"https://media.zenfs.com/en/prnewswire.com/e1f5aca06d24353c67fc1838dbe5ac16"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/drXE7SBsvkcvSAuMIZ0y4A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE2NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/e1f5aca06d24353c67fc1838dbe5ac16","width":400,"height":95}},"href":"https://mma.prnewswire.com/media/2377399/Farmer_Mac_Logo___Tagline_Full_Color_JPG_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""I'm pleased to report that we delivered another outstanding quarter, surpassing previous records in revenue, net effective spread, and core earnings," said Brad Nordholm, President and Chief Executive Officer. "Our first quarter results reflect the strength of our long-term growth strategy and provide a solid foundation to navigate market volatility and evolving credit conditions. Our resilient business model—anchored by diversified revenue streams, a strong capital position, reliable access to markets, and disciplined asset-liability management—not only sets us apart but also enables us to stay focused on our mission while enhancing long-term shareholder returns."","length":698,"tagName":"p"},{"type":"text","content":"First Quarter 2025","length":18,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Provided $1.8 billion in liquidity and lending capacity to lenders serving rural America","length":88,"tagName":"p"}]},{"val":[{"type":"text","content":"Net interest income grew 5% year-over-year to $90.9 million",...