Federal Agricultural Mortgage Corporation (AGM)

NYSE: AGM · Federal & Federally-Sponsored Credit Agencies · Washington, DC · filing with the SEC since 1995

Grade5.6

◀ Past 6.4● Present 6.0▶ Future 3.9

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 19, 2026	Feb 21, 2025	Feb 23, 2024	Feb 24, 2023	Feb 28, 2022	Feb 25, 2021	Feb 25, 2020	Feb 21, 2019	Mar 8, 2018	Mar 9, 2017
For lenders
Interest and dividend income	1,612,247	1,603,516	1,392,288	716,848	425,965^r	508,794^r	645,093	544,284	400,532	·
Interest and investment income	·	628,828	590,250	283,769	164,723^r	232,951^r	333,896	290,953	203,796	·
Interest expense on deposits and borrowings	1,221,513	1,249,649	1,064,741	445,908	·	·	·	·	·	·
Net interest income	390,734	353,867	327,547	270,940	221,951^r	195,848^r	173,135	174,436	157,647	·
Provision for credit losses	32,913	11,490	1,136	806	-2,187	8,055	3,501	335	1,758	·
Net interest income after provision	357,874	342,288	326,689	269,617	222,811^r	188,043^r	169,631	174,198	155,939	·
Noninterest income	17,638	21,201^r	23,511	38,688	23,066^r	18,043^r	20,945^r	11,643^r	17,512	·
Noninterest expense	·	·	97,377	82,109	72,089	61,653	51,922	49,916	42,765	·
General and administrative	44,613	38,236	34,963	29,772	27,507	21,976	20,311	19,707	15,959	·
Interest expense	·	·	1,064,741	445,908	204,014	312,946	471,958	369,848	242,885	·
Income before income taxes	255,711	258,103	253,101	225,679	172,461^r	144,683^r	138,651	136,022	130,686	·
Income tax expense	48,296	50,910	53,098	47,535	36,372^r	30,307^r	29,105	27,942	46,369	·
Net income including non-controlling interests	·	207,193	200,003	178,144	136,089^r	114,376^r	109,546	108,080	84,317	·
Net income to non-controlling interests	·	·	·	·	·	·	0	0	-165	·
Net income	207,415	207,193	200,003	178,144	136,089^r	114,376^r	109,546	108,080	84,482	·
Preferred dividends	24,922	25,146	27,165	27,165	24,677	17,805	13,940	13,182	13,182	·
Net income to common shareholders	182,493	180,428	172,838	150,979	111,412^r	94,904^r	93,650	94,898	71,300	·
Earnings per share, basic	16.73	16.59	15.97	14.00	10.36^r	8.85^r	8.76	8.91	6.73	·
Earnings per share, diluted	16.62	16.44	15.81	13.87	10.27^r	8.80^r	8.69	8.83	6.60	·
Weighted average shares, basic	10,911	10,874	10,829	10,791	10,758	10,728	10,696	10,654	10,594	·
Weighted average shares, diluted	10,983	10,975	10,937	10,883	10,846	10,786	10,778	10,746	10,803	·

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLeaseAndOtherLosses

Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss

Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome

Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Interest expense what its borrowing costus-gaap:InterestExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton AGM · research, not advice