← Back to Screener
ScreenerNewsCompareWatchlist
VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesNewsCompareWatchlist
AnalyzeValuationTotal ReturnDCA CalculatorInsider Activity

AGM logoFederal Agricultural Mortgage Corporation(AGM)Earnings, Financials & Key Ratios

AGM•NYSE•Banking & Credit
$178.90
$1.95B mkt cap·10.8× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryCredit ServicesSub-IndustryCredit Servicing and Structured Finance
AboutFederal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Farm & Ranch, USDA (United States Department of Agriculture) Guarantees, Rural Utilities, and Institutional Credit. The Farm & Ranch segment purchases and retains eligible mortgage loans that are secured by first liens on agricultural real estate; securitizes eligible mortgage loans, and guarantees the timely payment of principal and interest on securities representing interests in or obligations secured by pools of mortgage loans; and issues long-term standby purchase commitments (LTSPC) on designated eligible mortgage loans. The USDA Guarantees segment purchases portions of certain agricultural and rural development loans guaranteed by the USDA. The Rural Utilities segment purchases and guarantees securities that are backed by loans for electric or telecommunications facilities by lenders organized as cooperatives to borrowers; and purchases eligible rural utilities loans and guarantees of securities backed by those loans, as well as LTSPCs for pools of eligible rural utilities loans. The Institutional Credit segment guarantees and purchases general obligations of lenders and other financial institutions that are secured by pools of loans eligible under the Farmer Mac's Farm & Ranch, USDA Guarantees, or Rural Utilities lines of business. Federal Agricultural Mortgage Corporation was founded in 1987 and is headquartered in Washington, District of Columbia.Show more
  • Net Interest Income$391M+10.4%
  • Total Revenue$1.32B-18.9%
  • Net Income$207M
  • Return on Equity12.93%-9.5%
  • Net Interest Margin1.1%-2.6%
  • Efficiency Ratio10.08%+55.1%
  • ROA0.62%-8.9%
  • Equity / Assets4.84%+1.8%
  • Book Value per Share156.51+15.4%
  • Tangible BV/Share156.51+15.4%
  • Debt/Equity17.93-8.9%
Technical→

AGM Key Insights

Federal Agricultural Mortgage Corporation (AGM) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Efficient operations: 10.1% efficiency ratio
  • ✓14 consecutive years of dividend growth
  • ✓Healthy dividend yield of 4.5%
  • ✓Trading at only 1.1x book value

✗Weaknesses

  • ✗High debt to equity ratio of 17.9x
  • ✗Weak NIM of 1.1%
  • ✗Thin capital base

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

AGM Price & Volume

Federal Agricultural Mortgage Corporation (AGM) stock price & volume — 10-year historical chart

Loading chart...

AGM Growth Metrics

Federal Agricultural Mortgage Corporation (AGM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years16.55%
5 Years20.46%
3 Years20.42%
TTM-

Profit CAGR

10 Years11.68%
5 Years13.8%
3 Years5.2%
TTM3.19%

EPS CAGR

10 Years14.77%
5 Years14.98%
3 Years6.21%
TTM2.84%

Return on Capital

10 Years1.01%
5 Years1.13%
3 Years1.21%
Last Year1.14%

AGM Recent Earnings

Federal Agricultural Mortgage Corporation (AGM) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 5, 2026
EPS
$4.74
Est $4.44
+6.8%
Revenue
$110M
Est $111M
-0.8%
Q1 2026
Feb 19, 2026
EPS
$3.66
Est $4.50
-18.7%
Revenue
$108M
Est $107M
+0.4%
Q4 2025
Nov 3, 2025
EPS
$4.52
Est $4.43
+2.0%
Revenue
$104M
Est $107M
-3.3%
Q3 2025
Aug 7, 2025
EPS
$4.32
Est $4.29
+0.7%
Revenue
$103M
Est $98M
+4.7%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 5, 2026
$4.74vs $4.44+6.8%
$110Mvs $111M-0.8%
Q1 2026Feb 19, 2026
$3.66vs $4.50-18.7%
$108Mvs $107M+0.4%
Q4 2025Nov 3, 2025
$4.52vs $4.43+2.0%
$104Mvs $107M-3.3%
Q3 2025Aug 7, 2025
$4.32vs $4.29+0.7%
$103Mvs $98M+4.7%
Based on last 12 quarters of dataView full earnings history →

AGM Peer Comparison

Federal Agricultural Mortgage Corporation (AGM) competitors in Credit Servicing and Structured Finance — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
AGNC logoAGNCAGNC Investment Corp.Direct Competitor9.68B10.7911.60384.69%24.23%7.32%0.01
NLY logoNLYAnnaly Capital Management, Inc.Direct Competitor16.19B22.547.725.35%30.28%14.05%6.92
RITM logoRITMRithm Capital Corp.Direct Competitor5.49B9.849.4619.99%12.27%7.87%4.28
PMT logoPMTPennyMac Mortgage Investment TrustDirect Competitor959.79M11.0311.14103.82%13.83%7.06%10.12
RC logoRCReady Capital CorporationDirect Competitor330.14M2.04-0.78-92.98%-16.58%3.12
HASI logoHASIHA Sustainable Infrastructure Capital, Inc.Product Competitor5.54B43.3130.72-36.58%7.1%1.91
LADR logoLADRLadder Capital CorpProduct Competitor1.31B10.2920.18-23.26%16.52%4.29%2.37
DE logoDEDeere & CompanySupply Chain160.38B591.6431.98-2.23%8.88%15.46%2.46

Compare AGM vs Peers

Federal Agricultural Mortgage Corporation (AGM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs AGNC

Most directly comparable listed peer for AGM.

Scale Benchmark

vs DE

Larger-name benchmark to compare AGM against a more recognizable public peer.

Peer Set

Compare Top 5

vs AGNC, NLY, RITM, PMT

AGM Income Statement

Federal Agricultural Mortgage Corporation (AGM) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Net Interest Income157.65M174.44M173.13M190.59M221.95M270.94M327.55M353.87M390.73M289.63M
NII Growth %12.38%10.65%-0.75%10.08%16.46%22.07%20.89%8.04%10.42%-74.65%
Net Interest Margin %0.89%0.93%0.8%0.78%0.88%0.99%1.11%1.13%1.1%0.79%
Interest Income400.53M544.28M645.09M503.53M425.96M716.85M1.39B1.6B1.3B1.1B
Interest Expense242.88M369.85M471.96M312.95M204.01M445.91M1.06B1.25B909.56M1.12B
Loan Loss Provision1.76M335K3.5M8.05M-2.19M806K1.14M11.49M20.21M-483.42M
Non-Interest Income17.51M11.74M20.94M16.3M21.74M38.17M23.79M21.31M18.04M253.41M
Non-Interest Income %4.19%2.11%3.14%3.14%4.86%5.06%1.68%1.31%1.37%18.78%
Total Revenue
418.04M▲ 0%
556.02M▲ 33.0%
666.03M▲ 19.8%
519.84M▼ 22.0%
447.7M▼ 13.9%
755.02M▲ 68.6%
1.42B▲ 87.6%
1.62B▲ 14.7%
1.32B▼ 18.9%
1.35B▲ 0%
Revenue Growth %25.78%33.01%19.79%-21.95%-13.88%68.64%87.56%14.74%-18.86%-63.15%
Non-Interest Expense42.72M49.82M51.92M61.4M73.42M82.63M97.1M105.58M132.85M136.72M
Efficiency Ratio10.22%8.96%7.8%11.81%16.4%10.94%6.86%6.5%10.08%10.13%
Operating Income
130.69M▲ 0%
136.02M▲ 4.1%
138.65M▲ 1.9%
137.43M▼ 0.9%
172.46M▲ 25.5%
225.68M▲ 30.9%
253.1M▲ 12.2%
258.1M▲ 2.0%
255.72M▼ 0.9%
192.59M▲ 0%
Operating Margin %31.26%24.46%20.82%26.44%38.52%29.89%17.87%15.88%19.4%14.27%
Operating Income Growth %9.49%4.08%1.93%-0.88%25.49%30.86%12.15%1.98%-0.92%-
Pretax Income
130.69M▲ 0%
136.02M▲ 4.1%
138.65M▲ 1.9%
137.43M▼ 0.9%
172.46M▲ 25.5%
225.68M▲ 30.9%
253.1M▲ 12.2%
258.1M▲ 2.0%
255.72M▼ 0.9%
264.03M▲ 0%
Pretax Margin %31.26%24.46%20.82%26.44%38.52%29.89%17.87%15.88%19.4%19.56%
Income Tax46.37M27.94M29.11M28.79M36.37M47.53M53.1M50.91M48.33M47.16M
Effective Tax Rate %35.48%20.54%20.99%20.94%21.09%21.06%20.98%19.72%18.9%17.86%
Net Income
84.48M▲ 0%
108.08M▲ 27.9%
109.55M▲ 1.4%
108.65M▼ 0.8%
136.09M▲ 25.3%
178.14M▲ 30.9%
200M▲ 12.3%
207.19M▲ 3.6%
207.39M▲ 0.1%
209.57M▲ 0%
Net Margin %20.21%19.44%16.45%20.9%30.4%23.59%14.12%12.75%15.73%15.53%
Net Income Growth %9.24%27.93%1.36%-0.82%25.26%30.9%12.27%3.59%0.1%3.19%
Net Income (Continuing)84.32M108.08M109.55M108.65M136.09M178.14M200M207.19M207.39M209.57M
EPS (Diluted)
6.60▲ 0%
8.83▲ 33.8%
8.69▼ 1.6%
8.27▼ 4.8%
10.27▲ 24.2%
13.87▲ 35.1%
15.80▲ 13.9%
16.44▲ 4.1%
16.62▲ 1.1%
16.23▲ 0%
EPS Growth %10.55%33.79%-1.59%-4.83%24.18%35.05%13.91%4.05%1.09%2.84%
EPS (Basic)6.738.918.768.3110.3613.9915.9616.5916.73-
Diluted Shares Outstanding10.8M10.75M10.78M10.79M10.85M10.88M10.94M10.97M10.98M12.91M

AGM Balance Sheet

Federal Agricultural Mortgage Corporation (AGM) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash & Short Term Investments7.99B8.62B10.71B11.84B11.07B13.05B11.34B12.48B18.48B42.61B
Cash & Due from Banks302.02M425.26M604.38M1.03B908.78M861M883.6M1.01B931.07M773.93M
Short Term Investments7.69B8.19B10.1B10.8B10.16B12.19B10.45B11.47B17.55B18.22B
Total Investments19.68B20.7B20.82B23.05B23.94B25.91B28.16B29.81B35.15B18.22B
Investments Growth %9.82%5.21%0.56%10.71%3.85%8.25%8.67%5.87%17.9%-3.69%
Long-Term Investments11.99B12.51B10.72B12.25B13.77B13.72B17.7B18.34B17.6B77.85B
Accounts Receivables155.28M180.08M199.19M186.43M165.6M229.06M287.13M310.59M414.37M303.73M
Goodwill & Intangibles15.71M13.06M00000000
Goodwill15.71M13.06M00000000
Intangible Assets0000000000
PP&E (Net)-15.71M-13.06M00000000
Other Assets3.08B3.31B8.91M6.7M4.4M4.61M139.31M145.79M16.43B0
Total Current Assets2.72B2.87B10.97B12.08B11.33B13.59B11.67B12.84B1.35B19.3B
Total Non-Current Assets15.07B15.83B10.74B12.27B13.79B13.75B17.85B18.49B34.17B5.13M
Total Assets
17.79B▲ 0%
18.69B▲ 5.1%
21.71B▲ 16.1%
24.36B▲ 12.2%
25.12B▲ 3.1%
27.33B▲ 8.8%
29.52B▲ 8.0%
31.32B▲ 6.1%
35.51B▲ 13.4%
36.73B▲ 0%
Asset Growth %14.01%5.07%16.13%12.19%3.14%8.81%8.02%6.1%13.37%47.16%
Return on Assets (ROA)0.51%0.59%0.54%0.47%0.55%0.68%0.7%0.68%0.62%0.6%
Accounts Payable89.5M108.63M129.04M121.62M130.73M186.75M258.5M407.64M30.82B0
Total Debt16.93B17.77B30.73B23.17B23.7B25.65B27.69B29.3B30.82B32.24B
Net Debt16.63B17.35B30.13B22.14B22.79B24.79B26.8B28.29B29.89B31.46B
Long-Term Debt8.84B10.02B20.72B23.17B16.71B17.62B19.6B18.86B19.55B32.24B
Short-Term Debt0010.02B06.99B8.03B8.09B10.44B11.27B0
Other Liabilities67.07M60.48M-9.95B68.7M81.43M223.34M166.41M127.27M2.83B0
Total Current Liabilities0010.15B121.62M7.12B8.22B8.35B10.85B11.27B0
Total Non-Current Liabilities8.84B10.02B10.76B23.24B16.79B17.84B19.77B18.99B22.52B32.24B
Total Liabilities17.08B17.94B20.91B23.36B23.91B26.06B28.11B29.84B33.79B35.01B
Total Equity
708.15M▲ 0%
752.56M▲ 6.3%
799.28M▲ 6.2%
992.48M▲ 24.2%
1.21B▲ 22.3%
1.27B▲ 4.8%
1.41B▲ 11.0%
1.49B▲ 5.5%
1.72B▲ 15.4%
1.72B▲ 0%
Equity Growth %10.02%6.27%6.21%24.17%22.29%4.8%11%5.47%15.44%46.24%
Equity / Assets (Capital Ratio)3.98%4.03%3.68%4.07%4.83%4.65%4.78%4.75%4.84%4.67%
Return on Equity (ROE)12.5%14.8%14.12%12.13%12.34%14.33%14.9%14.28%12.93%12.57%
Book Value per Share65.5570.0274.1692.02111.90116.88129.09135.67156.51132.99
Tangible BV per Share64.1068.8174.1692.02111.90116.88129.09135.67156.51132.99
Common Stock10.62M10.67M10.71M10.74M10.77M10.8M10.84M10.89M10.86M0
Additional Paid-in Capital118.98M118.82M119.3M122.9M125.99M128.94M132.92M135.89M139.37M0
Retained Earnings322.7M393.35M457.05M509.56M588.56M698.53M823.72M943.24M1.05B1.07B
Accumulated OCI51.09M24.96M-16.16M-13.92M3.85M-50.84M-40.15M-12.15M13.38M-15.07M
Treasury Stock0000000000
Preferred Stock204.76M204.76M228.37M363.2M484.53M484.53M484.53M411.15M507.99M0

AGM Cash Flow Statement

Federal Agricultural Mortgage Corporation (AGM) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations175.01M200.03M-19.7M-94.55M436.41M809.27M375.8M612.65M80.06M80.06M
Operating CF Growth %-16.1%14.3%-109.85%-379.96%561.58%85.44%-53.56%63.03%-86.93%295.18%
Net Income84.32M108.08M109.55M108.65M132.26M178.14M200M207.19M182.49M209.57M
Depreciation & Amortization1.74M-1.1M-176.48M-219.19M219.16M720K-17.02M0-21.55M-21.86M
Deferred Taxes3.22M2.63M789K-2.41M-1.96M12.41M6.69M000
Other Non-Cash Items83.18M99.81M54.43M14.76M43.54M743.87M135.71M252.8M-73.02M-77.32M
Working Capital Changes-150K-11.89M-10.25M-485K39.09M-130.5M43.62M144.57M-16.21M96.41M
Cash from Investing-1.85B-599.21M-2.38B-1.74B-1.1B-3.04B-1.96B-1.68B-3.81B-5.04B
Purchase of Investments-3.94B-4.69B-4.86B-4.93B-6.39B-7.75B-6.03B-4.04B-7.2B-8.69B
Sale/Maturity of Investments2.92B4.44B3.95B4.64B6.14B5.97B4.88B4.57B1.89B2.01B
Net Investment Activity-1.02B-253.94M-907.6M-282.45M-248.62M-1.78B-1.15B536.32M-5.31B-6.68B
Acquisitions0000000000
Other Investing-829.45M-345.27M-1.48B-1.45B-847.58M-1.26B-800.47M-2.21B1.5B1.65B
Cash from Financing1.71B522.41M2.58B2.26B534.63M2.19B1.61B1.21B3.64B4.54B
Dividends Paid-28.44M-37.91M-43.89M-50.65M-61.31M-68.17M-74.82M-86.05M-89.04M-91.66M
Share Repurchases000-60.23M00000-7.11M
Stock Issued238K7K44K193.22M121.44M192K233K287K-18M-19K
Net Stock Activity238K7K44K132.98M121.44M192K233K287K-18M-7.13M
Debt Issuance (Net)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Financing3.13M-2.63M-1.78M-560K-1.3M-1.83M-3.01M-5.35M97.13M5.08B
Net Change in Cash
36.79M▲ 0%
123.23M▲ 234.9%
179.13M▲ 45.4%
429.56M▲ 139.8%
-125.16M▼ 129.1%
-47.78M▲ 61.8%
27.7M▲ 158.0%
135.3M▲ 388.4%
-92.94M▼ 168.7%
-274.2M▲ 0%
Exchange Rate Effect0000000000
Cash at Beginning265.23M302.02M425.26M604.38M1.03B908.78M861M888.71M1.02B931.07M
Cash at End302.02M425.26M604.38M1.03B908.78M861M888.71M1.02B931.07M773.93M
Interest Paid161.06M268.73M365.53M283.33M198.59M269.33M582.96M819.96M00
Income Taxes Paid39.5M30.88M23.1M30M36.3M33.8M48M39.2M00
Free Cash Flow
175.01M▲ 0%
200.03M▲ 14.3%
-19.7M▼ 109.8%
-94.55M▼ 380.0%
436.41M▲ 561.6%
809.27M▲ 85.4%
375.8M▼ 53.6%
607.37M▲ 61.6%
80.06M▼ 86.8%
221.93M▲ 0%
FCF Growth %-16.1%14.3%-109.85%-379.96%561.58%85.44%-53.56%61.62%-86.82%-31.89%

AGM Banking Ratios

Federal Agricultural Mortgage Corporation (AGM) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)12.5%14.8%14.12%12.13%12.34%14.33%14.9%14.28%12.93%12.57%
Return on Assets (ROA)0.51%0.59%0.54%0.47%0.55%0.68%0.7%0.68%0.62%0.6%
Net Interest Margin0.89%0.93%0.8%0.78%0.88%0.99%1.11%1.13%1.1%0.79%
Efficiency Ratio10.22%8.96%7.8%11.81%16.4%10.94%6.86%6.5%10.08%10.13%
Equity / Assets3.98%4.03%3.68%4.07%4.83%4.65%4.78%4.75%4.84%4.67%
Book Value / Share65.5570.0274.1692.02111.9116.88129.09135.67156.51132.99
NII Growth12.38%10.65%-0.75%10.08%16.46%22.07%20.89%8.04%10.42%-19.2%
Dividend Payout33.66%35.07%40.07%46.62%45.06%38.27%37.41%41.53%42.93%31.98%

AGM SEC Filings & Documents

Federal Agricultural Mortgage Corporation (AGM) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 5, 2026·SEC

Material company update

Apr 21, 2026·SEC

Material company update

Apr 21, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 19, 2026·SEC

FY 2025

Feb 21, 2025·SEC

10-Q Quarterly Reports

5
FY 2026

May 5, 2026·SEC

FY 2025

Nov 3, 2025·SEC

FY 2025

Aug 7, 2025·SEC

AGM Frequently Asked Questions

Federal Agricultural Mortgage Corporation (AGM) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Federal Agricultural Mortgage Corporation (AGM) saw revenue decline by 18.9% over the past year.

Yes, Federal Agricultural Mortgage Corporation (AGM) is profitable, generating $209.6M in net income for fiscal year 2025 (15.7% net margin).

Dividend & Returns

Yes, Federal Agricultural Mortgage Corporation (AGM) pays a dividend with a yield of 4.53%. This makes it attractive for income-focused investors.

Federal Agricultural Mortgage Corporation (AGM) has a return on equity (ROE) of 12.9%. This is reasonable for most industries.

Industry Metrics

Federal Agricultural Mortgage Corporation (AGM) has a net interest margin (NIM) of 1.1%. NIM has been under pressure due to interest rate environment.

Federal Agricultural Mortgage Corporation (AGM) has an efficiency ratio of 10.1%. This is excellent, indicating strong cost control.

Explore More AGM

Federal Agricultural Mortgage Corporation (AGM) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

→

DCA Calculator

Dollar cost averaging vs lump sum

→

Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Patterns find ideas. Fundamentals build conviction.

Data updated daily

Quick Links

  • Home
  • Screener
  • Themes
  • Market Valuation
  • Valuation
  • Compare
  • Total Return
  • DCA Calculator
  • News
  • Insights
  • Methodology
  • How It Works
  • Profile

Popular Screens

  • VCP Hot
  • VCP Warm
  • Value Screens
  • Growth Screens
  • Momentum Screens
  • Technical Screens
  • Quality Screens

Community

  • Follow @VCPScanner on X

Get weekly stock ideas — free

© 2026 VCP Scanner. All rights reserved.
About·Privacy Policy·Terms of Service
Not financial advice. Do your own research.