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AGM (Federal Agricultural Mortgage) Net Interest Income (for Banks) : $353.9 Mil (As of Dec. 2024)


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What is Federal Agricultural Mortgage Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Federal Agricultural Mortgage's net interest income for the three months ended in Dec. 2024 was $93.4 Mil. Its net interest income for the trailing twelve months (TTM) ended in Dec. 2024 was $353.9 Mil.

Federal Agricultural Mortgage's quarterly net interest income declined from Jun. 2024 ($87.3 Mil) to Sep. 2024 ($86.8 Mil) but then increased from Sep. 2024 ($86.8 Mil) to Dec. 2024 ($93.4 Mil).

Federal Agricultural Mortgage's annual net interest income increased from Dec. 2022 ($270.9 Mil) to Dec. 2023 ($327.5 Mil) and increased from Dec. 2023 ($327.5 Mil) to Dec. 2024 ($353.9 Mil).

Federal Agricultural Mortgage Net Interest Income (for Banks) Historical Data

The historical data trend for Federal Agricultural Mortgage's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Federal Agricultural Mortgage Net Interest Income (for Banks) Chart

Federal Agricultural Mortgage Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Interest Income (for Banks)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 190.59 221.95 270.94 327.55 353.87

Federal Agricultural Mortgage Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Interest Income (for Banks) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 82.17 86.37 87.34 86.79 93.37

Federal Agricultural Mortgage Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $353.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Federal Agricultural Mortgage Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Federal Agricultural Mortgage Corp (NYSE:AGM) » Definitions » Net Interest Income (for Banks)
Comparable Companies
FINV ENVA LU SEZL BFH LX NAVI PRAA ATLC WRLD V MA AXP COF PYPL BOM:500034 DFS SYF BOM:543257 SOFI
Traded in Other Exchanges
AGMpF.PFD:USA AGMpE.PFD:USA AGMpD.PFD:USA AGM.A:USA A35:Germany
Address
2100 Pennsylvania Avenue North West, Suite 450 N, Washington, DC, USA, 20037
Website
https://www.farmermac.com
Federal Agricultural Mortgage Corp provides agricultural real estate and rural housing mortgage loans in the secondary market in the U.S. Its operations consist of seven segments: Farm & Ranch, Corporate AgFinance, Power & Utilities, Broadband Infrastructure, Renewable Energy, Funding, and Investments. The company purchases eligible mortgage loans secured by first liens on agricultural real estate and rural housing under the Farm & Ranch line of business. Its subsidiary purchases portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the USDA.
Executives
Robert G Sexton director C/O FARMER MAC, 1999 K STREET NW, FOURTH FL, WASHINGTON DC 20006
Bradford T Nordholm officer: President and CEO C/O FARMER MAC 1999 K STREET N.W., FOURTH FLOOR, WASHINGTON DC 20006
Aparna Ramesh officer: EVP - Chief Financial Officer C/O FARMER MAC 1999 K STREET N.W., FOURTH FL., WASHINGTON DC 20006
Mitchell A Johnson director C/O FARMER MAC, 1999 K STREET, NW, 4TH FLOOR, WASHINGTON DC 20006
Stephen P Mullery officer: SVP - General Counsel C/O FARMER MAC, 1999 K STREET N.W., 4TH FLOOR, WASHINGTON DC 20006
Chester J Culver director C/O FARMER MAC, 1999 K STREET NW, 4TH FLOOR, WASHINGTON DC 20006
Brian M Brinch officer: SVP-Business Strategy C/O FARMER MAC, 1999 K STREET NW, FOURTH FLOOR, WASHINGTON DC 20006
Sara Louise Faivre-davis director C/O FARMER MAC, 1999 K STREET, NW, 4TH FLOOR, WASHINGTON DC 20006
Zachary Carpenter officer: Chief Business Officer C/O FARMER MAC, 1999 K STREET NW, FOURTH FL, WASHINGTON DC 20006
Todd P Ware director C/O FARMER MAC, 1999 K STREET NW, FOURTH FL, WASHINGTON DC 20006
Everett M Dobrinski director C/O FARMER MAC, 1999 K STREET NW, FOURTH FL, WASHINGTON DC 20006
Robert J Maines officer: SVP - Operations C/O BENEFICIAL BANCORP, INC., 1818 MARKET STREET, PHILADELPHIA PA 19103
Charles A Stones director C/O FARMER MAC 1999 K STREET N.W., FOURTH FLOOR, WASHINGTON DC 20006
Dennis L Brack director 1999 K STREET, NW, 4TH FLOOR, WASHINGTON, DC 20006
Kerry T Willie officer: SVP - Chief HR Officer C/O FARMER MAC 1999 K STREET N.W., FOURTH FLOOR, WASHINGTON DC 20006