Farmer Mac reported strong financial performance with record earnings and growth across diversified business segments. The company successfully expanded its portfolio and maintained a solid capital position. However, increased operating expenses and credit provisions presented challenges. Overall, the highlights significantly outweigh the lowlights, reflecting a positive sentiment.

Company Guidance

During the Farmer Mac Second Quarter 2025 Earnings Results Conference Call, the company reported record financial performance, highlighting a 19% year-over-year growth in core earnings and a 12% increase in net effective spread. The total outstanding business volume surpassed $30 billion, with core earnings reaching $47.4 million and a net effective spread of $93.9 million. The company emphasized strategic diversification into renewable energy, broadband infrastructure, and corporate agribusiness, which contributed to growth despite an increase in operating expenses. Additionally, Farmer Mac's portfolio saw a $7.8 million net provision related to credit expenses, including specific charge-offs and downgrades in certain segments. The company's core capital rose by $35 million to $1.6 billion, exceeding statutory requirements by $602 million, although the Tier 1 capital ratio slightly declined to 13.6%. Farmer Mac's strategic initiatives included a modified share repurchase program, enhancement of its securitization efforts, and active engagement with new legislation, HR1, which may impact future operations and opportunities.

Record Financial Performance

Farmer Mac achieved record results in the second quarter of 2025, with core earnings growing 19% year-over-year and net effective spread increasing over 12% compared to the same period last year.

Diversified Business Growth

Total outstanding business volume surpassed $30 billion for the first time, with significant growth in renewable energy, broadband infrastructure, and corporate agribusiness segments.

Strong Capital Position

Core capital increased by $35 million to $1.6 billion, exceeding the statutory requirement by 63%. The Tier 1 capital ratio remains strong at 13.6% despite asset growth.

Renewable Energy Segment Growth

The Renewable Energy segment grew by 122% year-over-year, ending the quarter at nearly $2 billion, driven by investments in renewable energy generation and storage.

Share Repurchase Program

The Board of Directors increased the share repurchase program to $50 million and extended it to August 2027, reflecting confidence in the company's strategic objectives.

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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