Federal Agricultural Mortgage Corporation
Federal Agricultural Mortgage Corporation (NYSE: AGM) operates as Farmer Mac, a stockholder-owned, federally chartered corporation that provides a secondary market for eligible loans supporting agriculture and rural infrastructure in the United States. It purchases loans and securities, guarantees securities backed by… From the company’s description.
Over the twelve months to Sep 30, 2026, Federal Agricultural Mortgage Corporation reported revenue of $467.72M, up 16.3% from a year earlier, and net income of $238.21M. Operations generated $598.56M in cash. In fiscal 2025, it reported revenue of $408.37M, up 8.8% from fiscal 2024, and net income of $207.41M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Federal Agricultural Mortgage Corporation does
In the company’s own words
Federal Agricultural Mortgage Corporation (NYSE: AGM) operates as Farmer Mac, a stockholder-owned, federally chartered corporation that provides a secondary market for eligible loans supporting agriculture and rural infrastructure in the United States. It purchases loans and securities, guarantees securities backed by eligible loans, services loans, and offers long-term standby purchase commitments to lenders; its customers include agricultural lenders, rural electric and telecommunications cooperatives, and other financial institutions. The business has seven reportable segments: Farm & Ranch and Corporate AgFinance in Agricultural Finance; Power & Utilities, Broadband Infrastructure, and Renewable Energy in Infrastructure Finance; and Funding and Investments. Farm & Ranch serves agricultural real estate borrowers, while Corporate AgFinance focuses on larger farming operations, agribusinesses, and food and fiber processors. Infrastructure activities finance rural electric systems, broadband and telecommunications projects, and renewable energy projects. Farmer Mac was established by federal statute in 1988, and its subsidiaries are Farmer Mac II LLC and Farmer Mac Mortgage Securities Corporation. It employed 212 people as of December 31, 2025. Its website is www.farmermac.com.
Company details
- Sector
- Financials
- Industry (SIC)
- Banks & Brokers
- Headquarters
- WASHINGTON, DC
- Fiscal year end
- December
- CIK
- 845877
- SIC
- 6111
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Federal Agricultural Mortgage Corporation — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Federal Agricultural Mortgage Corporation’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
By share class
| Class | Held by funds | Funds | Shares out |
|---|---|---|---|
| AGMClass C non-voting common stock | 42.3% | 239 | 9.3M |
| AGM/AClass A voting common stock | 12.3% | 18 | 1.0M |
Federal Agricultural Mortgage Corporation’s bonds, as funds hold them
Funds report holding 10 issues of Federal Agricultural Mortgage Corporation’s debt, $149.17M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.09%, maturing 2026 to 2041.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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