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Federal Agricultural Mortgage Corp. (AGM)
NYSE:AGM
Earnings Data
Report Date
Aug 11, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
4.29Last Year’s EPS
3.63Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 09, 2025
|% Change Since: 4.99%
|Next Earnings Date:Aug 11, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong overall performance with record revenue and growth in key segments like infrastructure finance and renewable energy. However, challenges such as seasonal delinquency patterns and external factors like tariffs were noted as potential headwinds.Company Guidance
During the first quarter of fiscal year 2025, Farmer Mac reported record quarterly revenue, net effective spread, and core earnings, highlighting strategic growth despite market volatility. The company achieved a high single-digit growth in total revenue, net effective spread, and core earnings, with $1.8 billion in gross new business volume, leading to a $232 million increase in outstanding business volume, ending the quarter at $29.8 billion. Notably, the infrastructure finance line grew by approximately $750 million, and the broadband infrastructure segment saw a 22% increase, reaching nearly $1 billion. The renewable energy segment grew by nearly $200 million, a 14% increase since year-end. Core earnings rose 6% year-over-year to $46 million, while the net effective spread reached a record $90 million, or 117 basis points. Operating expenses increased by 8%, resulting in an operating efficiency of 29%. The Farm & Ranch segment saw a net increase of $86 million in loan purchases, despite $500 million in scheduled maturities. Farmer Mac's core capital was $1.5 billion, exceeding statutory requirements by $601 million, and the Tier 1 capital ratio was 13.9%. The company maintained 289 days of liquidity, with $1 billion in cash and short-term instruments, positioning it well against potential market disruptions.Record Quarterly Revenue and Core Earnings
Farmer Mac achieved record quarterly revenue, net effective spread, and core earnings in Q1 2025, with core earnings increasing by 6% year-over-year to $46 million.
Significant Growth in Infrastructure Finance
The infrastructure finance line of business grew by approximately $750 million in Q1 2025, including a $300 million AgVantage security in the power and utility segment.
Broadband Infrastructure Growth
The broadband infrastructure segment grew 22% since year-end, reaching nearly $1 billion as of the end of Q1 2025.
Strong Renewable Energy Segment Growth
The renewable energy segment grew by nearly $200 million in Q1 2025, a 14% increase since year-end.
Robust Capital Position
Core capital of $1.5 billion exceeded statutory requirements by $601 million, or 65%, as of March 31, 2025.
AGM Earnings History
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 |
|---|---|---|---|
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% |
Aug 05, 2024 | $181.93 | $171.02 | -6.00% |
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 Aug 11, 2025, TBA Not Confirmed.
What is Federal Agricultural Mortgage Corp. (AGM) earnings time?
Federal Agricultural Mortgage Corp. (AGM) earnings time is at Aug 11, 2025, TBA Not 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?
AGM EPS forecast for the fiscal quarter 2025 (Q2) is 4.29.