Business
Farmer Mac Reports Second 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 June 30, 2025.
About this update from Federal Agricultural Mortgage Corporation
[{"type":"text","content":"- Outstanding Business Volume Exceeds $30 Billion -","length":51,"tagName":"p","attribs":{}},{"type":"text","content":"WASHINGTON, Aug. 7, 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 June 30, 2025.","length":365,"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 very pleased to report that we delivered record results across the board in second quarter 2025, growing core earnings and net effective spread by 19% and 12% year-over-year, respectively, and surpassing $30 billion in total outstanding business volume for the first time," said Brad Nordholm, President and Chief Executive Officer. "Our total portfolio is well diversified by both commodity and geography, and we remain confident in the overall health of our business. We are excited about the strategic direction of the company and remain focused on our mission to provide capital through agricultural and economic cycles."","length":654,"tagName":"p"},{"type":"text","content":"Second Quarter 2025","length":19,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Provided $2.1 billion in liquidity and lending capacity to lenders serving rural America","length":88,"tagName":"p"}]},{"val":[{"type":"text","content":"Net interest income grew 11% year-over-year to $96.8 million","length":60,"tagName":"p"}]},{"val":[{"type"...