Federal Agricultural Mortgage Corporation (AGM) 10-Year Financial Performance & Capital Metrics

AGM • • Banking & Credit

Financial ServicesCredit ServicesCredit 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 $0 -100.0%
Total Revenue $1.61B -0.8%
Net Income $182M -11.9%
Return on Equity 11.38% -20.4%
Net Interest Margin 0% -100.0%
Efficiency Ratio 7.43% +14.4%
ROA 0.55% -19.6%
Equity / Assets 4.86% +2.2%
Book Value per Share 156.67 +15.5%
Tangible BV/Share 156.67 +15.5%
Debt/Equity 17.93 -8.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 7.4% efficiency ratio
✓14 consecutive years of dividend growth
✓Healthy dividend yield of 5.1%
✓Diversified revenue: 100.0% from non-interest income
✓Trading at only 1.0x book value

✗Weaknesses

✗High debt to equity ratio of 17.9x
✗Thin capital base

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y18.92%

5Y25.4%

3Y28.77%

TTM-

Profit (Net Income) CAGR

10Y10.26%

5Y10.93%

3Y0.81%

TTM-11.92%

EPS CAGR

10Y14.78%

5Y14.99%

3Y6.24%

TTM1.09%

ROCE

10Y Avg1%

5Y Avg1.13%

3Y Avg1.25%

Latest-

Peer Comparison

Credit Servicing and Structured Finance

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
BNHBrookfield Finance Inc. 4.625%		15.86	76.73	-10.34%	0.75%	0.61%		1.42
UPSTUpstart Holdings, Inc.	2.67B	27.23	60.51	54.2%	5.13%	4.33%
NRDSNerdWallet, Inc.	343.94M	10.85	16.95	21.67%	5.82%	13%	37.88%
FOAFinance Of America Companies Inc.	232	19.35	16.40	24.25%	0.79%	1.65%		90.98
AGMFederal Agricultural Mortgage Corporation	1.47B	157.66	9.48	-0.77%	11.32%	10.62%	5.45%	17.93
CGABLThe Carlyle Group Inc. 4.625% Subordinated Notes due 2061	6.33B	17.59	6.35	83.06%	18.81%	9.58%	15.96%
KKRSKKR Group Finance Co. IX LLC 4.	15.67B	17.59	3.34	50.89%	22.42%	7.96%	41.53%
YRDYiren Digital Ltd.	673.16M	3.90	0.74	18.59%	27.25%	12.13%	30.64%	0.00

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Net Interest Income+	140.27M	157.65M	174.44M	173.13M	190.59M	221.95M	270.94M	327.55M	353.87M	0
NII Growth %	11.5%	12.38%	10.65%	-0.75%	10.08%	16.46%	22.07%	20.89%	8.04%	-100%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	311.9M	400.53M	544.28M	645.09M	503.53M	425.96M	716.85M	1.39B	1.6B	0
Interest Expense	171.63M	242.88M	369.85M	471.96M	312.95M	204.01M	445.91M	1.06B	1.25B	1.22B
Loan Loss Provision	1M	1.76M	335K	3.5M	8.05M	-2.19M	806K	1.14M	11.49M	-1.22B
Non-Interest Income+	20.47M	17.51M	11.74M	20.94M	16.3M	21.74M	38.17M	23.79M	21.31M	1.61B
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	332.37M	418.04M	556.02M	666.03M	519.84M	447.7M	755.02M	1.42B	1.62B	1.61B
Revenue Growth %	16.64%	25.78%	33.01%	19.79%	-21.95%	-13.88%	68.64%	87.56%	14.74%	-0.77%
Non-Interest Expense	40.38M	42.72M	49.82M	51.92M	61.4M	73.42M	82.63M	97.1M	105.58M	119.8M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	119.36M	130.69M	136.02M	138.65M	137.43M	172.46M	225.68M	253.1M	258.1M	0
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	10.44%	9.49%	4.08%	1.93%	-0.88%	25.49%	30.86%	12.15%	1.98%	-100%
Pretax Income+	119.36M	130.69M	136.02M	138.65M	137.43M	172.46M	225.68M	253.1M	258.1M	255.71M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	42.06M	46.37M	27.94M	29.11M	28.79M	36.37M	47.53M	53.1M	50.91M	48.3M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	77.33M	84.48M	108.08M	109.55M	108.65M	136.09M	178.14M	200M	207.19M	182.49M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	12.57%	9.24%	27.93%	1.36%	-0.82%	25.26%	30.9%	12.27%	3.59%	-11.92%
Net Income (Continuing)	77.3M	84.32M	108.08M	109.55M	108.65M	136.09M	178.14M	200M	207.19M	182.49M
EPS (Diluted)+	5.97	6.60	8.83	8.69	8.27	10.27	13.87	15.80	16.44	16.63
EPS Growth %	42.48%	10.55%	33.79%	-1.59%	-4.83%	24.18%	35.05%	13.91%	4.05%	1.16%
EPS (Basic)	6.12	6.73	8.91	8.76	8.31	10.36	13.99	15.96	16.59	16.69
Diluted Shares Outstanding	10.75M	10.8M	10.75M	10.78M	10.79M	10.85M	10.88M	10.94M	10.97M	10.97M

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash & Short Term Investments+	7.63B	7.99B	8.62B	10.71B	11.84B	11.07B	13.05B	11.34B	12.48B	18.48B
Cash & Due from Banks	265.23M	302.02M	425.26M	604.38M	1.03B	908.78M	861M	883.6M	1.01B	931.07M
Short Term Investments	7.37B	7.69B	8.19B	10.1B	10.8B	10.16B	12.19B	10.45B	11.47B	17.55B
Total Investments+	17.92B	19.68B	20.7B	20.82B	23.05B	23.94B	25.91B	28.16B	29.81B	17.55B
Investments Growth %	-8.66%	9.82%	5.21%	0.56%	10.71%	3.85%	8.25%	8.67%	5.87%	-41.12%
Long-Term Investments	10.55B	11.99B	12.51B	10.72B	12.25B	13.77B	13.72B	17.7B	18.34B	0
Accounts Receivables	122.78M	155.28M	180.08M	199.19M	186.43M	165.6M	229.06M	287.13M	310.59M	0
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	12.29M	15.71M	13.06M	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
PP&E (Net)	-12.29M	-15.71M	-13.06M	0	0	0	0	0	0	0
Other Assets	2.14B	3.08B	3.31B	8.91M	6.7M	4.4M	4.61M	139.31M	145.79M	0
Total Current Assets	2.9B	2.72B	2.87B	10.97B	12.08B	11.33B	13.59B	11.67B	12.84B	18.84B
Total Non-Current Assets	12.7B	15.07B	15.83B	10.74B	12.27B	13.79B	13.75B	17.85B	18.49B	173K
Total Assets+	15.61B	17.79B	18.69B	21.71B	24.36B	25.12B	27.33B	29.52B	31.32B	35.37B
Asset Growth %	0.42%	14.01%	5.07%	16.13%	12.19%	3.14%	8.81%	8.02%	6.1%	12.91%
Return on Assets (ROA)	0.5%	0.51%	0.59%	0.54%	0.47%	0.55%	0.68%	0.7%	0.68%	0.55%
Accounts Payable	59.12M	89.5M	108.63M	129.04M	121.62M	130.73M	186.75M	258.5M	407.64M	0
Total Debt+	14.81B	16.93B	17.77B	30.73B	23.17B	23.7B	25.65B	27.69B	29.3B	30.82B
Net Debt	14.54B	16.63B	17.35B	30.13B	22.14B	22.79B	24.79B	26.8B	28.29B	29.89B
Long-Term Debt	6.37B	8.84B	10.02B	20.72B	23.17B	16.71B	17.62B	19.6B	18.86B	30.82B
Short-Term Debt	0	0	0	10.02B	0	6.99B	8.03B	8.09B	10.44B	0
Other Liabilities	97.45M	67.07M	60.48M	-9.95B	68.7M	81.43M	223.34M	166.41M	127.27M	0
Total Current Liabilities	0	0	0	10.15B	121.62M	7.12B	8.22B	8.35B	10.85B	0
Total Non-Current Liabilities	6.46B	8.84B	10.02B	10.76B	23.24B	16.79B	17.84B	19.77B	18.99B	30.82B
Total Liabilities	14.96B	17.08B	17.94B	20.91B	23.36B	23.91B	26.06B	28.11B	29.84B	33.65B
Total Equity+	643.65M	708.15M	752.56M	799.28M	992.48M	1.21B	1.27B	1.41B	1.49B	1.72B
Equity Growth %	16.24%	10.02%	6.27%	6.21%	24.17%	22.29%	4.8%	11%	5.47%	15.44%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	12.92%	12.5%	14.8%	14.12%	12.13%	12.34%	14.33%	14.9%	14.28%	11.38%
Book Value per Share	59.90	65.55	70.02	74.16	92.02	111.90	116.88	129.09	135.67	156.67
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	10.54M	10.62M	10.67M	10.71M	10.74M	10.77M	10.8M	10.84M	10.89M	0
Additional Paid-in Capital	118.66M	118.98M	118.82M	119.3M	122.9M	125.99M	128.94M	132.92M	135.89M	0
Retained Earnings	275.71M	322.7M	393.35M	457.05M	509.56M	588.56M	698.53M	823.72M	943.24M	1.05B
Accumulated OCI	33.76M	51.09M	24.96M	-16.16M	-13.92M	3.85M	-50.84M	-40.15M	-12.15M	13.38M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	204.76M	204.76M	204.76M	228.37M	363.2M	484.53M	484.53M	484.53M	411.15M	0

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from Operations+	208.59M	175.01M	200.03M	-19.7M	-94.55M	436.41M	809.27M	375.8M	612.65M	80.06M
Operating CF Growth %	13.14%	-16.1%	14.3%	-109.85%	-379.96%	561.58%	85.44%	-53.56%	63.03%	-86.93%
Net Income	77.3M	84.32M	108.08M	109.55M	108.65M	132.26M	178.14M	200M	207.19M	182.49M
Depreciation & Amortization	1.83M	1.74M	-1.1M	-176.48M	-219.19M	219.16M	720K	-17.02M	0	-21.55M
Deferred Taxes	4.1M	3.22M	2.63M	789K	-2.41M	-1.96M	12.41M	6.69M	0	0
Other Non-Cash Items	89.97M	83.18M	99.81M	54.43M	14.76M	43.54M	743.87M	135.71M	252.8M	-89.23M
Working Capital Changes	32.05M	-150K	-11.89M	-10.25M	-485K	39.09M	-130.5M	43.62M	144.57M	0
Cash from Investing+	-593.41M	-1.85B	-599.21M	-2.38B	-1.74B	-1.1B	-3.04B	-1.96B	-1.68B	-3.81B
Purchase of Investments	-4.33B	-3.94B	-4.69B	-4.86B	-4.93B	-6.39B	-7.75B	-6.03B	-4.04B	-7.2B
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	0	0	0	0	0
Other Investing	-615.84M	-829.45M	-345.27M	-1.48B	-1.45B	-847.58M	-1.26B	-800.47M	-2.21B	1.5B
Cash from Financing+	-560.03M	1.71B	522.41M	2.58B	2.26B	534.63M	2.19B	1.61B	1.21B	3.64B
Dividends Paid	-24.07M	-28.44M	-37.91M	-43.89M	-50.65M	-61.31M	-68.17M	-74.82M	-86.05M	-89.04M
Share Repurchases	-9.29M	0	0	0	-60.23M	0	0	0	0	-12.89M
Stock Issued	553K	238K	7K	44K	193.22M	121.44M	192K	233K	287K	288K
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	-1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0
Other Financing	-76.07M	3.13M	-2.63M	-1.78M	-560K	-1.3M	-1.83M	-3.01M	-5.35M	3.73B
Net Change in Cash+	-944.86M	36.79M	123.23M	179.13M	429.56M	-125.16M	-47.78M	27.7M	135.3M	-92.94M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	1.21B	265.23M	302.02M	425.26M	604.38M	1.03B	908.78M	861M	888.71M	1.02B
Cash at End	265.23M	302.02M	425.26M	604.38M	1.03B	908.78M	861M	888.71M	1.02B	931.07M
Interest Paid	0	161.06M	268.73M	365.53M	283.33M	198.59M	269.33M	582.96M	819.96M	0
Income Taxes Paid	0	39.5M	30.88M	23.1M	30M	36.3M	33.8M	48M	39.2M	0
Free Cash Flow+	208.59M	175.01M	200.03M	-19.7M	-94.55M	436.41M	809.27M	375.8M	607.37M	80.06M
FCF Growth %	13.14%	-16.1%	14.3%	-109.85%	-379.96%	561.58%	85.44%	-53.56%	61.62%	-86.82%

Banking Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	12.92%	12.5%	14.8%	14.12%	12.13%	12.34%	14.33%	14.9%	14.28%	11.38%
Return on Assets (ROA)	0.5%	0.51%	0.59%	0.54%	0.47%	0.55%	0.68%	0.7%	0.68%	0.55%
Net Interest Margin	0.9%	0.89%	0.93%	0.8%	0.78%	0.88%	0.99%	1.11%	1.13%	0%
Efficiency Ratio	12.15%	10.22%	8.96%	7.8%	11.81%	16.4%	10.94%	6.86%	6.5%	7.43%
Equity / Assets	4.12%	3.98%	4.03%	3.68%	4.07%	4.83%	4.65%	4.78%	4.75%	4.86%
Book Value / Share	59.9	65.55	70.02	74.16	92.02	111.9	116.88	129.09	135.67	156.67
NII Growth	11.5%	12.38%	10.65%	-0.75%	10.08%	16.46%	22.07%	20.89%	8.04%	-100%
Dividend Payout	31.12%	33.66%	35.07%	40.07%	46.62%	45.06%	38.27%	37.41%	41.53%	-

US Stock Screener

...

Federal Agricultural Mortgage Corporation (AGM) 10-Year Financial Performance & Capital Metrics

AGM • • Banking & Credit

Financial ServicesCredit ServicesCredit Servicing and Structured Finance

Net Interest Income $0 -100.0%
Total Revenue $1.61B -0.8%
Net Income $182M -11.9%
Return on Equity 11.38% -20.4%
Net Interest Margin 0% -100.0%
Efficiency Ratio 7.43% +14.4%
ROA 0.55% -19.6%
Equity / Assets 4.86% +2.2%
Book Value per Share 156.67 +15.5%
Tangible BV/Share 156.67 +15.5%
Debt/Equity 17.93 -8.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 7.4% efficiency ratio
✓14 consecutive years of dividend growth
✓Healthy dividend yield of 5.1%
✓Diversified revenue: 100.0% from non-interest income
✓Trading at only 1.0x book value

✗Weaknesses

✗High debt to equity ratio of 17.9x
✗Thin capital base

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y18.92%

5Y25.4%

3Y28.77%

TTM-

Profit (Net Income) CAGR

10Y10.26%

5Y10.93%

3Y0.81%

TTM-11.92%

EPS CAGR

10Y14.78%

5Y14.99%

3Y6.24%

TTM1.09%

ROCE

10Y Avg1%

5Y Avg1.13%

3Y Avg1.25%

Latest-

Peer Comparison

Credit Servicing and Structured Finance

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
BNHBrookfield Finance Inc. 4.625%		15.86	76.73	-10.34%	0.75%	0.61%		1.42
UPSTUpstart Holdings, Inc.	2.67B	27.23	60.51	54.2%	5.13%	4.33%
NRDSNerdWallet, Inc.	343.94M	10.85	16.95	21.67%	5.82%	13%	37.88%
FOAFinance Of America Companies Inc.	232	19.35	16.40	24.25%	0.79%	1.65%		90.98
AGMFederal Agricultural Mortgage Corporation	1.47B	157.66	9.48	-0.77%	11.32%	10.62%	5.45%	17.93
CGABLThe Carlyle Group Inc. 4.625% Subordinated Notes due 2061	6.33B	17.59	6.35	83.06%	18.81%	9.58%	15.96%
KKRSKKR Group Finance Co. IX LLC 4.	15.67B	17.59	3.34	50.89%	22.42%	7.96%	41.53%
YRDYiren Digital Ltd.	673.16M	3.90	0.74	18.59%	27.25%	12.13%	30.64%	0.00

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Net Interest Income+	140.27M	157.65M	174.44M	173.13M	190.59M	221.95M	270.94M	327.55M	353.87M	0
NII Growth %	11.5%	12.38%	10.65%	-0.75%	10.08%	16.46%	22.07%	20.89%	8.04%	-100%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	311.9M	400.53M	544.28M	645.09M	503.53M	425.96M	716.85M	1.39B	1.6B	0
Interest Expense	171.63M	242.88M	369.85M	471.96M	312.95M	204.01M	445.91M	1.06B	1.25B	1.22B
Loan Loss Provision	1M	1.76M	335K	3.5M	8.05M	-2.19M	806K	1.14M	11.49M	-1.22B
Non-Interest Income+	20.47M	17.51M	11.74M	20.94M	16.3M	21.74M	38.17M	23.79M	21.31M	1.61B
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	332.37M	418.04M	556.02M	666.03M	519.84M	447.7M	755.02M	1.42B	1.62B	1.61B
Revenue Growth %	16.64%	25.78%	33.01%	19.79%	-21.95%	-13.88%	68.64%	87.56%	14.74%	-0.77%
Non-Interest Expense	40.38M	42.72M	49.82M	51.92M	61.4M	73.42M	82.63M	97.1M	105.58M	119.8M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	119.36M	130.69M	136.02M	138.65M	137.43M	172.46M	225.68M	253.1M	258.1M	0
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	10.44%	9.49%	4.08%	1.93%	-0.88%	25.49%	30.86%	12.15%	1.98%	-100%
Pretax Income+	119.36M	130.69M	136.02M	138.65M	137.43M	172.46M	225.68M	253.1M	258.1M	255.71M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	42.06M	46.37M	27.94M	29.11M	28.79M	36.37M	47.53M	53.1M	50.91M	48.3M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	77.33M	84.48M	108.08M	109.55M	108.65M	136.09M	178.14M	200M	207.19M	182.49M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	12.57%	9.24%	27.93%	1.36%	-0.82%	25.26%	30.9%	12.27%	3.59%	-11.92%
Net Income (Continuing)	77.3M	84.32M	108.08M	109.55M	108.65M	136.09M	178.14M	200M	207.19M	182.49M
EPS (Diluted)+	5.97	6.60	8.83	8.69	8.27	10.27	13.87	15.80	16.44	16.63
EPS Growth %	42.48%	10.55%	33.79%	-1.59%	-4.83%	24.18%	35.05%	13.91%	4.05%	1.16%
EPS (Basic)	6.12	6.73	8.91	8.76	8.31	10.36	13.99	15.96	16.59	16.69
Diluted Shares Outstanding	10.75M	10.8M	10.75M	10.78M	10.79M	10.85M	10.88M	10.94M	10.97M	10.97M

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash & Short Term Investments+	7.63B	7.99B	8.62B	10.71B	11.84B	11.07B	13.05B	11.34B	12.48B	18.48B
Cash & Due from Banks	265.23M	302.02M	425.26M	604.38M	1.03B	908.78M	861M	883.6M	1.01B	931.07M
Short Term Investments	7.37B	7.69B	8.19B	10.1B	10.8B	10.16B	12.19B	10.45B	11.47B	17.55B
Total Investments+	17.92B	19.68B	20.7B	20.82B	23.05B	23.94B	25.91B	28.16B	29.81B	17.55B
Investments Growth %	-8.66%	9.82%	5.21%	0.56%	10.71%	3.85%	8.25%	8.67%	5.87%	-41.12%
Long-Term Investments	10.55B	11.99B	12.51B	10.72B	12.25B	13.77B	13.72B	17.7B	18.34B	0
Accounts Receivables	122.78M	155.28M	180.08M	199.19M	186.43M	165.6M	229.06M	287.13M	310.59M	0
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	12.29M	15.71M	13.06M	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
PP&E (Net)	-12.29M	-15.71M	-13.06M	0	0	0	0	0	0	0
Other Assets	2.14B	3.08B	3.31B	8.91M	6.7M	4.4M	4.61M	139.31M	145.79M	0
Total Current Assets	2.9B	2.72B	2.87B	10.97B	12.08B	11.33B	13.59B	11.67B	12.84B	18.84B
Total Non-Current Assets	12.7B	15.07B	15.83B	10.74B	12.27B	13.79B	13.75B	17.85B	18.49B	173K
Total Assets+	15.61B	17.79B	18.69B	21.71B	24.36B	25.12B	27.33B	29.52B	31.32B	35.37B
Asset Growth %	0.42%	14.01%	5.07%	16.13%	12.19%	3.14%	8.81%	8.02%	6.1%	12.91%
Return on Assets (ROA)	0.5%	0.51%	0.59%	0.54%	0.47%	0.55%	0.68%	0.7%	0.68%	0.55%
Accounts Payable	59.12M	89.5M	108.63M	129.04M	121.62M	130.73M	186.75M	258.5M	407.64M	0
Total Debt+	14.81B	16.93B	17.77B	30.73B	23.17B	23.7B	25.65B	27.69B	29.3B	30.82B
Net Debt	14.54B	16.63B	17.35B	30.13B	22.14B	22.79B	24.79B	26.8B	28.29B	29.89B
Long-Term Debt	6.37B	8.84B	10.02B	20.72B	23.17B	16.71B	17.62B	19.6B	18.86B	30.82B
Short-Term Debt	0	0	0	10.02B	0	6.99B	8.03B	8.09B	10.44B	0
Other Liabilities	97.45M	67.07M	60.48M	-9.95B	68.7M	81.43M	223.34M	166.41M	127.27M	0
Total Current Liabilities	0	0	0	10.15B	121.62M	7.12B	8.22B	8.35B	10.85B	0
Total Non-Current Liabilities	6.46B	8.84B	10.02B	10.76B	23.24B	16.79B	17.84B	19.77B	18.99B	30.82B
Total Liabilities	14.96B	17.08B	17.94B	20.91B	23.36B	23.91B	26.06B	28.11B	29.84B	33.65B
Total Equity+	643.65M	708.15M	752.56M	799.28M	992.48M	1.21B	1.27B	1.41B	1.49B	1.72B
Equity Growth %	16.24%	10.02%	6.27%	6.21%	24.17%	22.29%	4.8%	11%	5.47%	15.44%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	12.92%	12.5%	14.8%	14.12%	12.13%	12.34%	14.33%	14.9%	14.28%	11.38%
Book Value per Share	59.90	65.55	70.02	74.16	92.02	111.90	116.88	129.09	135.67	156.67
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	10.54M	10.62M	10.67M	10.71M	10.74M	10.77M	10.8M	10.84M	10.89M	0
Additional Paid-in Capital	118.66M	118.98M	118.82M	119.3M	122.9M	125.99M	128.94M	132.92M	135.89M	0
Retained Earnings	275.71M	322.7M	393.35M	457.05M	509.56M	588.56M	698.53M	823.72M	943.24M	1.05B
Accumulated OCI	33.76M	51.09M	24.96M	-16.16M	-13.92M	3.85M	-50.84M	-40.15M	-12.15M	13.38M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	204.76M	204.76M	204.76M	228.37M	363.2M	484.53M	484.53M	484.53M	411.15M	0

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from Operations+	208.59M	175.01M	200.03M	-19.7M	-94.55M	436.41M	809.27M	375.8M	612.65M	80.06M
Operating CF Growth %	13.14%	-16.1%	14.3%	-109.85%	-379.96%	561.58%	85.44%	-53.56%	63.03%	-86.93%
Net Income	77.3M	84.32M	108.08M	109.55M	108.65M	132.26M	178.14M	200M	207.19M	182.49M
Depreciation & Amortization	1.83M	1.74M	-1.1M	-176.48M	-219.19M	219.16M	720K	-17.02M	0	-21.55M
Deferred Taxes	4.1M	3.22M	2.63M	789K	-2.41M	-1.96M	12.41M	6.69M	0	0
Other Non-Cash Items	89.97M	83.18M	99.81M	54.43M	14.76M	43.54M	743.87M	135.71M	252.8M	-89.23M
Working Capital Changes	32.05M	-150K	-11.89M	-10.25M	-485K	39.09M	-130.5M	43.62M	144.57M	0
Cash from Investing+	-593.41M	-1.85B	-599.21M	-2.38B	-1.74B	-1.1B	-3.04B	-1.96B	-1.68B	-3.81B
Purchase of Investments	-4.33B	-3.94B	-4.69B	-4.86B	-4.93B	-6.39B	-7.75B	-6.03B	-4.04B	-7.2B
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	0	0	0	0	0
Other Investing	-615.84M	-829.45M	-345.27M	-1.48B	-1.45B	-847.58M	-1.26B	-800.47M	-2.21B	1.5B
Cash from Financing+	-560.03M	1.71B	522.41M	2.58B	2.26B	534.63M	2.19B	1.61B	1.21B	3.64B
Dividends Paid	-24.07M	-28.44M	-37.91M	-43.89M	-50.65M	-61.31M	-68.17M	-74.82M	-86.05M	-89.04M
Share Repurchases	-9.29M	0	0	0	-60.23M	0	0	0	0	-12.89M
Stock Issued	553K	238K	7K	44K	193.22M	121.44M	192K	233K	287K	288K
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	-1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0
Other Financing	-76.07M	3.13M	-2.63M	-1.78M	-560K	-1.3M	-1.83M	-3.01M	-5.35M	3.73B
Net Change in Cash+	-944.86M	36.79M	123.23M	179.13M	429.56M	-125.16M	-47.78M	27.7M	135.3M	-92.94M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	1.21B	265.23M	302.02M	425.26M	604.38M	1.03B	908.78M	861M	888.71M	1.02B
Cash at End	265.23M	302.02M	425.26M	604.38M	1.03B	908.78M	861M	888.71M	1.02B	931.07M
Interest Paid	0	161.06M	268.73M	365.53M	283.33M	198.59M	269.33M	582.96M	819.96M	0
Income Taxes Paid	0	39.5M	30.88M	23.1M	30M	36.3M	33.8M	48M	39.2M	0
Free Cash Flow+	208.59M	175.01M	200.03M	-19.7M	-94.55M	436.41M	809.27M	375.8M	607.37M	80.06M
FCF Growth %	13.14%	-16.1%	14.3%	-109.85%	-379.96%	561.58%	85.44%	-53.56%	61.62%	-86.82%

Banking Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	12.92%	12.5%	14.8%	14.12%	12.13%	12.34%	14.33%	14.9%	14.28%	11.38%
Return on Assets (ROA)	0.5%	0.51%	0.59%	0.54%	0.47%	0.55%	0.68%	0.7%	0.68%	0.55%
Net Interest Margin	0.9%	0.89%	0.93%	0.8%	0.78%	0.88%	0.99%	1.11%	1.13%	0%
Efficiency Ratio	12.15%	10.22%	8.96%	7.8%	11.81%	16.4%	10.94%	6.86%	6.5%	7.43%
Equity / Assets	4.12%	3.98%	4.03%	3.68%	4.07%	4.83%	4.65%	4.78%	4.75%	4.86%
Book Value / Share	59.9	65.55	70.02	74.16	92.02	111.9	116.88	129.09	135.67	156.67
NII Growth	11.5%	12.38%	10.65%	-0.75%	10.08%	16.46%	22.07%	20.89%	8.04%	-100%
Dividend Payout	31.12%	33.66%	35.07%	40.07%	46.62%	45.06%	38.27%	37.41%	41.53%	-

Federal Agricultural Mortgage Corporation (AGM) 10-Year Financial Performance & Capital Metrics

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Federal Agricultural Mortgage Corporation (AGM) 10-Year Financial Performance & Capital Metrics

Key Insights

✓Strengths

✗Weaknesses

Price & Volume

Growth Metrics

Revenue CAGR

Profit (Net Income) CAGR

EPS CAGR

ROCE

Peer Comparison

Compare AGM vs Peers

vs KKRS

vs CGABL

Compare Top 5

Profit & Loss

Balance Sheet

Cash Flow

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Deep Dive Analysis

Valuation Overview

Total Return Calculator

Dividend History

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Price History

Revenue History

Financial Ratios