Federal Agricultural Mortgage Corporation (AGM) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, ladies and gentlemen, and thank you all for joining us for today's Farmer Mac 2025 Earnings Results Conference call. As a reminder, all phone lines are in a listen-only mode to prevent background noise, but if you would like to ask a question during today's question and answer session, simply press star and one on your telephone keypad. Pressing star and one will place your line into a queue, and we will take your questions later in today's presentation. It is now my pleasure to turn the floor over to Senior Director of Investor Relations, Jalpa Nazareth. Welcome, Jalpa. Good afternoon, and thank you for joining us for our fourth quarter and full year 2025 earnings conference call. I'm Jalpa Nazareth, Senior Director of Investor Relations and Finance Strategy here at Barmer Met. As we begin, please note that the information provided during this call may contain forward-looking statements about the company's business, strategies, and prospects. These statements are based on management's current expectations and assumptions and are subject to risks and uncertainties that could cause our actual results to differ materially from those projected. Please refer to FARMAC's 2025 Annual Report on Form 10-K and subsequent SEC filings for a full discussion of the company's risk factors. On today's call, we will also be discussing certain non-GAAP financial measures. Disclosures and reconciliations of these non-GAAP measures can be found in most recent Form 10-K and earnings release posted on our website. Joining me today are Chief Executive Officer, Brad Norholm, our President and Chief Operating Officer, Zach Carpenter, and Chief Financial Officer and Treasurer, Matt Pullins. At this time, I'll turn the call over to our CEO, Brad Norholm. Brad? Thanks very much, Jalp...