Inferra AI / Company / AGM

Federal Agricultural Mortgage Corp

AGM · Financials

Last earnings Jul 30, 2026

Key results

Business Volume Growth revenuequarter

14%

Accelerated Business Volume Growth Revenue increased 14% year-over-year to $109.9 million 99% of total revenue is recurring net effective spread (NES) and fees Record Revenue Core earnings of $51.7 million reflects 13% year-over-year growth Operating efficiency ratio remains below 30% strategic target Strong Core Earni

SEC original ↗Federal Agricultural Mortgage Corp — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026

Record revenuequarter

$51.7 million

Accelerated Business Volume Growth Revenue increased 14% year-over-year to $109.9 million 99% of total revenue is recurring net effective spread (NES) and fees Record Revenue Core earnings of $51.7 million reflects 13% year-over-year growth Operating efficiency ratio remains below 30% strategic target Strong Core Earni

SEC original ↗Federal Agricultural Mortgage Corp — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026

Operating expensesquarter

$21,257 thousand

Operating expenses Compensation and employee benefits 21,257 17,752

SEC original ↗Federal Agricultural Mortgage Corp — Earnings release (8-K exhibit)EX-99May 5, 2026

Net incomequarter

$51,832 thousand

Net income attributable to common stockholders $ 51,832 $ 43,985

SEC original ↗Federal Agricultural Mortgage Corp — Earnings release (8-K exhibit)EX-99May 5, 2026

AI analysis

Q1 2026 · reported May 5, 2026

Based on: Earnings release + Q1 2026 deck + parent 8-K + 10-Q — transcript not held

Net income · Q1 2026
$51,832 thousand
EX-99 · May 5, 2026
Record revenue · Q1 2026
$51.7M
EX-99 · May 5, 2026
Operating expenses · Q1 2026
$21,257 thousand
EX-99 · May 5, 2026

Headline figures

MetricQ1 2026Prior qtrYear ago
Business Volume Growth revenue14%——
Record revenue$51.7 million——
Operating expenses$21,257 thousand——
Net income$51,832 thousand——

EX-99 · May 5, 2026

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

The net effects of terminations or net settlements on undesignated financial derivatives, which consist of (1) the net effects of cash settlements on agency forward contracts on the debt of other government-sponsored enterprises and U.

Treasury security futures that we use as short-term economic hedges on the issuance of debt and (2) the net effects of initial cash payments that we receive upon the inception of certain swaps.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Federal Agricultural Mortgage Corp Q1 2026 — Accelerated Business Volume Growth Revenue increased 14% year-over-year to $109.9 million 99% of total revenue is recurring net effective spread (NES) and fees Record Revenue Core earnings of $51.7 mi…

Based on: Earnings release + Q1 2026 deck + parent 8-K + 10-Q — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

The net effects of terminations or net settlements on undesignated financial derivatives, which consist of (1) the net effects of cash settlements on agency forward contracts on the debt of other government-sponsored enterprises and U.

SEC original ↗Federal Agricultural Mortgage Corp — Earnings release (8-K exhibit)EX-99May 5, 2026

Treasury security futures that we use as short-term economic hedges on the issuance of debt and (2) the net effects of initial cash payments that we receive upon the inception of certain swaps.

SEC original ↗Federal Agricultural Mortgage Corp — Earnings release (8-K exhibit)EX-99May 5, 2026

For NES, these realized gains or losses are deferred and amortized as net yield adjustments over the term of the related debt, which generally ranges from 3 to 15 years.

SEC original ↗Federal Agricultural Mortgage Corp — Earnings release (8-K exhibit)EX-99May 5, 2026

Net effective spread also principally differs from net interest income and net interest yield because it includes the accrual of income and expense related to the contractual amounts due on financial derivatives that are not designated in hedge accounting relationships ("undesignated financial derivatives") and the net effects of terminations or net settlements on financial derivatives, which consists of: the net effects of cash settlements on agency forward contracts on the debt of other GSEs and U.

SEC original ↗Federal Agricultural Mortgage Corp — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026

Treasury security futures that we use as short-term economic hedges on the issuance of debt; and the net effects of initial cash payments that Farmer Mac receives upon the inception of certain swaps.

SEC original ↗Federal Agricultural Mortgage Corp — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026

Among other things, key amendments include: similar risk assessment for cash flow hedges, hedging interest payments on choose-your-rate debt, cash flow hedges of nonfinancial forecasted transactions, and net written options as hedging instruments.

SEC original ↗Federal Agricultural Mortgage Corp — 10-Q Quarterly report10-QJul 30, 2026

Risks & headwinds

Forward-Looking Statements Management's expectations for Farmer Mac's future necessarily involve assumptions, estimates, and the evaluation of risks and uncertainties.

SEC original ↗Federal Agricultural Mortgage Corp — Earnings release (8-K exhibit)EX-99May 5, 2026

trade policies (including tariffs and trade restrictions), fluctuations in export demand for U.

SEC original ↗Federal Agricultural Mortgage Corp — Earnings release (8-K exhibit)EX-99May 5, 2026

Considering these potential risks and uncertainties, no undue reliance should be placed on any forward-looking statements expressed in this release.

SEC original ↗Federal Agricultural Mortgage Corp — Earnings release (8-K exhibit)EX-99May 5, 2026

Such statements are based upon the current beliefs and expectations of management of Farmer Mac and are subject to many risks and uncertainties.

SEC original ↗Federal Agricultural Mortgage Corp — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026

Considering these potential risks and uncertainties, no undue reliance should be placed on any forward-looking statements expressed in this presentation.

SEC original ↗Federal Agricultural Mortgage Corp — Presentation / slide deck (8-K exhibit)EX-99May 5, 2026

Legal Proceedings 87 Item 1A.

SEC original ↗Federal Agricultural Mortgage Corp — 10-Q Quarterly report10-QJul 30, 2026

Documents

Earnings deck slides

0 decks with slide view

Federal Agricultural Mortgage Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Federal Agricultural Mortgage Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Federal Agricultural Mortgage Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Federal Agricultural Mortgage Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Filings

33 documents

Earnings releases

9 documents

Presentations

4 documents

Transcripts

0 documents

No transcripts for Federal Agricultural Mortgage Corp are held in this edition of the library.

Mentioned by

10 companies

Other tracked companies whose held documents mention Federal Agricultural Mortgage Corp by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.