The earnings call highlighted record-breaking financial results and strategic growth in diversified portfolio segments, especially in infrastructure and renewable energy. However, increased operating expenses and credit provisions present challenges, alongside uncertainties in the renewable energy market due to policy changes.

Company Guidance -

Q4 2025

During the Farmer Mac Second Quarter 2025 Earnings Results Conference Call, significant financial metrics and strategic initiatives were highlighted. The company announced a 19% year-over-year growth in core earnings, achieving a record $47.4 million in core earnings and a record net effective spread of $93.9 million. Total outstanding business volume surpassed $30 billion for the first time, driven by a 12% increase in net effective spread compared to the previous year. The diversification into new business lines, such as renewable energy, broadband infrastructure, and corporate agribusiness, was emphasized as a key growth driver. Operating expenses increased due to higher headcount and transaction-related legal fees, yet the efficiency ratio remained aligned with the strategic target of 30%. The company also reported a $7.8 million net provision to the total allowance for losses, with a $2.8 million charge-off from two specific borrower relationships. Despite these challenges, Farmer Mac maintained strong asset quality metrics, a Tier 1 capital ratio of 13.6%, and a core capital increase to $1.6 billion, exceeding statutory requirements by 63%. The company also announced an expansion of its share repurchase program to $50 million and highlighted its strategic focus on securitization to optimize the balance sheet.

Record-Breaking Financial Results

Farmer Mac achieved record results in Q2 2025 with a 19% year-over-year increase in core earnings, a 12% increase in net effective spread, and surpassed $30 billion in total outstanding business volume.

Diversified Portfolio

The portfolio is well diversified across commodity and geography, with strong asset quality metrics, including record core earnings of $47.4 million and a net effective spread of $93.9 million.

Growth in Infrastructure Segments

The infrastructure finance line grew by $644 million, and the renewable energy segment grew by 122% year-over-year, ending at $2 billion.

Increase in Share Repurchase Program

The Board of Directors increased the share repurchase program from $9.8 million to $50 million, extending the term to August 2027.

Federal Agricultural (AGM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

AGM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 20, 2026	2025 (Q4)	- / -	3.97	―	―	―
Aug 07, 2025	2025 (Q2)	4.29 / 4.32	3.63	19.01% (+0.69)
May 09, 2025	2025 (Q1)	4.06 / 4.19	3.96	5.81% (+0.23)
Feb 21, 2025	2024 (Q4)	4.17 / 3.97	4.1	-3.17% (-0.13)
Nov 04, 2024	2024 (Q3)	4.11 / 4.10	4.13	-0.73% (-0.03)
Aug 05, 2024	2024 (Q2)	4.08 / 3.63	3.86	-5.96% (-0.23)
May 06, 2024	2024 (Q1)	4.06 / 3.96	3.56	11.24% (+0.40)
Feb 23, 2024	2023 (Q4)	4.05 / 4.10	3.16	29.75% (+0.94)
Nov 06, 2023	2023 (Q3)	4.00 / 4.13	3.07	34.53% (+1.06)
Aug 07, 2023	2023 (Q2)	3.23 / 3.86	2.83	36.40% (+1.03)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

AGM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$172.00	$177.64	+3.28%
May 09, 2025	$175.85	$184.06	+4.67%
Feb 21, 2025	$192.56	$204.79	+6.35%
Nov 04, 2024	$178.13	$189.17	+6.20%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Federal Agricultural Mortgage Corp. (AGM) report earnings?

Federal Agricultural Mortgage Corp. (AGM) is schdueled to report earning on Feb 20, 2026, Before Open (Confirmed).

What is Federal Agricultural Mortgage Corp. (AGM) earnings time?

Federal Agricultural Mortgage Corp. (AGM) earnings time is at Feb 20, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is AGM EPS forecast?

Currently, no data Available

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