#United States #Washington #Farmer Mac #Agricultural Mortgage #NYSE AGM

Farmer Mac Reports Impressive 2025 Results

The Federal Agricultural Mortgage Corporation, known as Farmer Mac, made headlines with its recent financial disclosures. This past year, ended December 31, 2025, marked another robust chapter for the corporation, showcasing its resilience and capacity to support the agricultural financing space in the United States. With a significant increase in both business volume and dividends, Farmer Mac's latest report reflects its ongoing commitment to rural America and enhancing liquidity in the agricultural sector.

Key Highlights from 2025 Performance

According to the CEO, Brad Nordholm, 2025 was underscored by notable achievements, including a 7% growth in core earnings compared to the previous year. Noteworthy metrics from the year include:

• - Outstanding Business Volume: Reaching an impressive $33.4 billion, marking a growth of $3.8 billion or 13% year-over-year.
• - Liquidity Action: Provided an impressive $10.5 billion in liquidity to lenders catering to rural America.
• - Net Interest Income: Increased by 10% from the previous year, reaching $390.7 million.
• - Net Effective Spread: Rose by 13%, showcasing the company’s effective asset management and financial strategy, tallying at $383 million.
• - Net Income: Recorded at $182.5 million, amounting to $16.62 per diluted share, depicting a steady growth trajectory.
• - Core Earnings: Also at a record high of $182.9 million or $16.66 per diluted share, reflecting continuous expansion and stable operational performance.
• - Capital Ratios: A robust Tier 1 Capital Ratio of 13.3% as of December 31, 2025, further strengthens the company’s financial stability.

These positive trends culminated in Farmer Mac's Board of Directors announcing a 7% increase in the quarterly dividend to $1.60 per share. This marks the fifteenth consecutive increase and reinforces Farmer Mac's commitment to providing growing returns to shareholders.

Looking Ahead

As Farmer Mac positions itself for the future, it acknowledges challenges specific to certain borrowers, particularly in the fourth quarter of 2025. Nevertheless, these isolated events do not overshadow the positive performance indicators. The organization maintains a strong balance sheet with rigorous risk management practices while being supported by a proficient management team.

The upcoming earnings conference call scheduled for February 19, 2026, aims to delve deeper into the specifics of these results, discussing strategies and expectations moving forward. Stakeholders can participate in this call via telephone or a live webcast.

Conclusion

Farmer Mac’s results for 2025 attest to its vital role as a secondary market provider, enhancing liquidity and lending capacities for American agriculture and rural infrastructure. With increasing dividends and a promising growth outlook, Farmer Mac not only sustains its legacy of supporting rural economies but also secures rewarding opportunities for its investors. The organization looks forward to continuing its essential mission in the years to come, ensuring that rural America has the financial backing it needs to thrive.