Federal Agricultural Mortgage: Loan Losses Cause Concern, But Growth Should Overshadow Fear

Farmer Mac shares plunged 14% after an earnings miss, but I view the current price as a compelling entry point. AGM's core earnings grew to $182.9M in 2025, but rising nonaccrual loans and a $33M increase in loan loss provisions raised concerns. Portfolio growth is shifting toward non-agricultural sectors like power, utilities, renewable energy, and broadband, driving a 15% increase in shareholder equity.

Seeking Alpha • Feb 23, 2026

Federal Agricultural Mortgage Corporation (AGM) Q4 2025 Earnings Call Transcript

Federal Agricultural Mortgage Corporation (AGM) Q4 2025 Earnings Call Transcript

Seeking Alpha • Feb 20, 2026

Farmer Mac Reports 2025 Results

- Announces 7% Dividend Increase - - Outstanding Business Volume of $33.4 Billion - WASHINGTON, Feb. 19, 2026 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of financing to provide vital liquidity for American agriculture and rural infrastructure, today announced its results for the fiscal quarter and year ended December 31, 2025. "Farmer Mac delivered another strong year in 2025, highlighted by record net effective spread and outstanding business volumes, and our tenth consecutive year of record annual core earnings results," said Chief Executive Officer, Brad Nordholm.

PRNewsWire • Feb 19, 2026

Federal Agricultural Mortgage (AGM) Q4 Earnings Lag Estimates

Federal Agricultural Mortgage (AGM) came out with quarterly earnings of $3.66 per share, missing the Zacks Consensus Estimate of $4.5 per share. This compares to earnings of $3.97 per share a year ago.

Zacks Investment Research • Feb 19, 2026

Fund Opens $7.8 Million Position in Farmer Mac Despite 20% S&P Underperformance

First Sabrepoint Capital Management initiated a new holding in the fourth quarter, buying up 44,500 shares of Federal Agricultural Mortgage Corporation. The quarter-end AGM stake value increased by $7.81 million.

The Motley Fool • Feb 13, 2026

Farmer Mac to Announce Fourth Quarter and Full Year 2025 Financial Results

WASHINGTON, Feb. 5, 2026 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of financing to provide vital liquidity for American agriculture and rural infrastructure, today announced that it will release its financial results for the fiscal quarter and year ended December 31, 2025, on Thursday, February 19, 2026, after the close of equity markets. A conference call to discuss the results will be held that day at 4:30 p.m.

PRNewsWire • Feb 5, 2026

MoneyShow's Best Investment Ideas For 2026: Part 4

MoneyShow presents top investment ideas for 2026 from their contributors. This year's edition presents a mix of metals plays, financial stocks, deep value names, high-octane growth and tech stocks, and beaten-down REITs that offer solid income and turnaround potential. Part 3 of this series includes Eli Lilly, Enterprise Products Partners, Expand Energy Corp., Federal Agricultural Mortgage Corp., and GE Vernova, among others.

Seeking Alpha • Jan 14, 2026

3 Stocks to Watch From Thriving Mortgage & Related Services Industry

Lower mortgage rates and rising purchase originations will likely support Zacks Mortgage & Related Services industry players like PFSI, TREE and AGM.

Zacks Investment Research • Jan 12, 2026

Nice Entry Point For Farmer Mac's Preferred Securities.

I initiated a position in Federal Agricultural Mortgage Corporation (AGM) preferreds, specifically series F, due to an attractive yield and relative value. AGM preferreds currently offer a yield north of 6.8%, about 2% above the 30-year Treasury, with spreads wider than historical norms. I see the recent spread as a sentiment-driven opportunity, not a sign of fundamental stress, given the farm sector's low leverage and AGM's strong loan-to-value metrics.

Seeking Alpha • Dec 17, 2025

Farmer Mac Names Matthew M. Pullins as EVP - Chief Financial Officer and Treasurer

WASHINGTON , Dec. 8, 2025 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of financing to provide vital liquidity for American agriculture and rural infrastructure, today announced the appointment of Matthew M. Pullins as its Executive Vice President – Chief Financial Officer and Treasurer, starting December 11, 2025.

PRNewsWire • Dec 8, 2025