agm: the income statement

MyFinsight

FEDERAL AGRICULTURAL MORTGAGE CORP (AGM)

For the quarter ending 2025-06-30, AGM made $404,958K in revenue. $49,170K in net income. Net profit margin of 12.14%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30
Preferred stock dividends	5,667
Income tax expense	10,594
(provision for)/release of reserve for losses	99
Other income	1,040
Guarantee and commitment fees	4,816
Losses on sale of mortgage loans	-
Gains/(losses) on financial derivatives	80
Gains on sale of available-for-sale investment securities	-
Non-interest income	5,837
Total interest expense	302,225
Farmer mac guaranteed securities and usda securities	124,998
Loans	185,039
Investments and cash equivalents	88,985
Total interest income	399,022
Net interest income	96,797
Provision for losses	7,713
Net interest income after provision for losses	89,084
Compensation and employee benefits	17,631
General and administrative	10,859
Regulatory fees	1,000
Operating expenses	29,490
Income before income taxes	65,431
Net income	54,837
Net income attributable to common stockholders	49,170

Basic earnings per common share (in dollars per share)	4.5
Diluted earnings per common share (in dollars per share)	4.48
Net income attributable to common stockholders (in shares)	10,933,000
Weighted-average shares, diluted eps (in shares)	10,963,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS)