Farmer Mac Reports First Quarter 2026 Results
- Outstanding Business Volume of $34.8 Billion - WASHINGTON, May 5, 2026 /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 March 31, 2026. First Quarter 2026 Highlights Record outstanding business volume of $34.8 billion, reflecting 17% growth year-over-year Provided $3.4 billion in liquidity and lending capacity to lenders serving rural America Net interest income grew 11% year-over-year to $101.4 million Net income attributable to common stockholders was $51.8 million, or $4.75 per diluted share Net effective spread1 and core earnings1 increased 13% year-over-year Total core capital of $1.7 billion and a Tier 1 Capital Ratio of 13.0% as of March 31, 2026 "I'm very pleased to report that we delivered record results across the board in first quarter 2026, delivering double-digit year-over-year growth in business volume, revenue, and core earnings, as we approached $35 billion in total outstanding business volume," said Brad Nordholm, Chief Executive Officer.