What does purchases of fixed maturity securities mean?

Cash spent purchasing fixed-income securities (bonds, notes, debentures) for the investment portfolio.

Federal Agricultural Mortgage AGM Purchases of fixed maturity securities

WaFd, Inc.WAFD

$141.28M+23.7%

National Bank HoldingsNBHC

$137.86M-27.7%

Amalgamated Financial Corp.AMAL

$14.38M-19.2%

Ameris BancorpABCB

$1.99M-80.0%

Enterprise Financial ServicesEFSC

$0-100%

Community Financial SystemCBU

$10.67M-76.4%

Net income$59.1M+19.1%

EPS (diluted)$4.75+18.5%

Cash & equivalents$773.9M-26.2%

Total debt$32.3B+15.1%

Total equity$1.7B+12.5%

Total assets$36.7B+15.5%

Operating cash flow$92.1M+285%

CapEx-—

Free cash flow$103.4M-71.9%

Market cap$2.09B-21.1%

Return on equity13.4%-0.1pp

Debt / equity18.8×+0.4×

Reported directly by Federal Agricultural Mortgage in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireHeldToMaturitySecurities.

The official record: Federal Agricultural Mortgage’s 10-Q, filed November 6, 2023, on SEC EDGAR. View the filing →

Connect your AI assistant and compare it to peers, right in your chat.

What is Federal Agricultural Mortgage's purchases of fixed maturity securities?: Federal Agricultural Mortgage (AGM) reported purchases of fixed maturity securities of $643K in Q3 2023.
How has Federal Agricultural Mortgage's purchases of fixed maturity securities changed year-over-year?: Federal Agricultural Mortgage's purchases of fixed maturity securities increased by 13.0% year-over-year, from $569K to $643K.
What does purchases of fixed maturity securities mean?: Cash spent purchasing fixed-income securities (bonds, notes, debentures) for the investment portfolio.