Federal Agricultural Mortgage AGM Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total by Business | ||||||
| Corporate AgFinance | $290.7M+16.4% | $249.66M-23.2% | $324.99M-1.1% | $328.57M+14.2% | $287.84M+0.5% | |
| Farm & Ranch | $457.88M-1.3% | $463.88M+6.3% | $436.23M+2.6% | $425.32M+1.9% | $417.22M-6.7% | |
| Other income/(expense) by Business | ||||||
| Broadband Infrastructure | -$56K— | $0— | $0— | $0— | $0— | |
| Corporate AgFinance | $0— | $0-100% | $111K-67.8% | $345K— | $0+100% | |
| Farm & Ranch | $875K— | —— | $1.08M+245% | $313K-74.4% | $1.22M+155% | |
| Funding | $0— | $0— | $0— | $0— | $0— | |
| Investments | $0+100% | -$163K-16,200% | -$1K-107% | $14K-36.4% | $22K+633% | |
| Power & Utilities | $0— | $0+100% | -$7K— | $0— | $0— | |
| Renewable Energy | $0— | $0— | $0-100% | $8K— | $0— | |
| Segment Core Earnings by Business | ||||||
| Broadband Infrastructure | $3.94M+1,184% | $307K-88.3% | $2.61M+29.4% | $2.02M-17.0% | $2.43M+72.9% | |
| Corporate AgFinance | $3.72M— | —— | $2.73M-44.1% | $4.89M+5.3% | $4.64M+23.0% | |
| Farm & Ranch | $25.86M+1.1% | $25.57M+8.9% | $23.48M+2.3% | $22.96M-12.6% | $26.27M+9.6% | |
| Funding | $23.88M-1.1% | $24.15M-4.7% | $25.33M+11.9% | $22.65M-0.5% | $22.76M+4.3% | |
| Investments | $409K-53.3% | $876K+236% | $261K-73.3% | $976K+17.3% | $832K-26.0% | |
| Power & Utilities | $4.47M+13.1% | $3.95M-7.8% | $4.28M+17.2% | $3.65M+6.3% | $3.44M+0.1% | |
| Renewable Energy | $5.97M-3.2% | $6.16M+32.4% | $4.66M+94.5% | $2.39M+21.8% | $1.97M+186% | |
| Income Tax Expense (Benefit), Adjusted by Business | ||||||
| Broadband Infrastructure | $1.05M+1,194% | $81K-88.3% | $695K+29.4% | $537K-17.0% | $647K+73.0% | |
| Corporate AgFinance | $988K— | —— | $727K-44.1% | $1.3M+5.3% | $1.24M+23.3% | |
| Farm & Ranch | $6.62M-2.6% | $6.8M+8.9% | $6.24M+2.3% | $6.1M-12.6% | $6.98M+9.6% | |
| Funding | $6.35M-1.1% | $6.42M-4.7% | $6.73M+11.9% | $6.02M-0.5% | $6.05M+4.3% | |
| Investments | $109K-53.2% | $233K+233% | $70K-73.1% | $260K+17.6% | $221K-25.8% | |
| Power & Utilities | $1.19M+13.3% | $1.05M-7.7% | $1.14M+17.2% | $970K+6.2% | $913K+0.1% | |
| Renewable Energy | $1.59M-3.2% | $1.64M+32.3% | $1.24M+94.3% | $637K+22.0% | $522K+185% | |
| Interest Income by Business | ||||||
| Broadband Infrastructure | $16.12M+2.4% | $15.74M+17.7% | $13.38M+10.0% | $12.16M+12.2% | $10.83M-0.1% | |
| Corporate AgFinance | $25.17M0.0% | $25.17M-5.6% | $26.66M+4.6% | $25.48M+1.4% | $25.12M+0.2% | |
| Farm & Ranch | $168.99M+6.7% | $158.41M+2.9% | $154.02M+1.2% | $152.22M+1.7% | $149.68M-0.1% | |
| Funding | $19.2M-40.5% | $32.29M-10.7% | $36.14M+1.5% | $35.62M+8.0% | $32.98M-33.0% | |
| Investments | $80.65M-1.3% | $81.69M-5.9% | $86.78M+5.1% | $82.6M+6.6% | $77.49M-2.4% | |
| Power & Utilities | $73.86M+3.6% | $71.31M+2.2% | $69.75M+3.4% | $67.45M+3.8% | $65M+3.8% | |
| Renewable Energy | $31.96M+0.3% | $31.85M+11.3% | $28.62M+21.8% | $23.49M+15.6% | $20.32M+8.3% | |
| Total on- and off-balance sheet segment assets at principal balance by Business | ||||||
| Funding | $0— | $0— | $0— | $0— | $0— | |
| Investments | $0— | $0— | $0— | $0— | $0— | |
| Noninterest Expense, Excluding Loan, Lease and Other Losses, Adjusted by Business | ||||||
| Broadband Infrastructure | $1.71M+20.5% | $1.42M+3.9% | $1.36M+6.9% | $1.27M+21.1% | $1.05M-0.7% | |
| Corporate AgFinance | $2.48M-9.2% | $2.73M-12.8% | $3.13M+31.7% | $2.38M+11.5% | $2.13M-5.5% | |
| Farm & Ranch | $8.17M+11.4% | $7.33M+9.0% | $6.72M-4.3% | $7.02M+6.4% | $6.6M+0.4% | |
| Funding | $2.42M-22.6% | $3.13M+15.4% | $2.71M-9.7% | $3M+7.2% | $2.8M-22.6% | |
| Investments | $824K-8.3% | $899K+18.3% | $760K-14.4% | $888K+7.9% | $823K-24.3% | |
| Power & Utilities | $1.1M-6.6% | $1.17M+4.6% | $1.12M-2.9% | $1.16M+2.9% | $1.12M-0.2% | |
| Renewable Energy | $1.89M+10.1% | $1.72M+4.1% | $1.65M+5.7% | $1.56M-8.7% | $1.71M+22.9% | |
| Total Loans by Business | ||||||
| Corporate AgFinance | $1.5B+2.9% | $1.46B+0.6% | $1.45B+0.1% | $1.45B+5.8% | $1.37B-0.8% | |
| Farm & Ranch | $8.87B+4.5% | $8.48B+4.5% | $8.12B+2.7% | $7.91B+5.3% | $7.51B+0.7% | |
| Reconciling Adjustments From Net Interest Income To Net Effective Spread, Net by Business | ||||||
| Broadband Infrastructure | $0— | $0— | $0— | $0— | $0— | |
| Corporate AgFinance | $0— | $0— | $0— | $0— | $0— | |
| Farm & Ranch | $928K-4.3% | $970K-11.7% | $1.1M+11.7% | $984K-2.3% | $1.01M+2.2% | |
| Funding | -$1.33M-162% | $2.14M+760% | -$324K-116% | $2.03M+2,462% | -$86K-102% | |
| Investments | -$242K— | $0+100% | -$93K+31.6% | -$136K— | $0— | |
| Power & Utilities | $43K+72.0% | $25K-3.8% | $26K+4.0% | $25K-10.7% | $28K— | |
| Renewable Energy | $0— | $0— | $0— | $0— | $0— | |
| Net Effective Spread by Business | ||||||
| Broadband Infrastructure | $5.83M+3.9% | $5.61M+28.1% | $4.38M+11.4% | $3.93M+10.3% | $3.57M+4.5% | |
| Corporate AgFinance | $8.94M+3.9% | $8.6M-4.9% | $9.05M+5.1% | $8.61M-0.4% | $8.64M+9.5% | |
| Farm & Ranch | $37.67M+4.1% | $36.18M+3.8% | $34.84M-2.4% | $35.71M+5.4% | $33.89M+4.1% | |
| Funding | $32.65M-3.1% | $33.69M-3.1% | $34.78M+9.8% | $31.67M+0.2% | $31.6M+1.2% | |
| Investments | $1.34M-37.6% | $2.15M+98.0% | $1.09M-48.6% | $2.11M+13.9% | $1.85M-26.0% | |
| Power & Utilities | $6.49M+5.4% | $6.16M+4.2% | $5.91M+4.9% | $5.64M+5.8% | $5.33M+5.3% | |
| Renewable Energy | $9.08M+0.9% | $9M+16.4% | $7.73M+24.1% | $6.23M+21.8% | $5.11M+5.2% | |
| Total interest expense by Business | ||||||
| Broadband Infrastructure | $10.3M+1.6% | $10.13M+12.6% | $9M+9.3% | $8.23M+13.2% | $7.27M-2.2% | |
| Corporate AgFinance | $16.23M-2.1% | $16.57M-5.9% | $17.62M+4.4% | $16.88M+2.4% | $16.48M-4.0% | |
| Farm & Ranch | $130.39M+7.5% | $121.26M+2.7% | $118.08M+2.2% | $115.52M+0.6% | $114.79M-1.3% | |
| Funding | -$12.11M— | —— | $1.69M-12.2% | $1.92M+31.5% | $1.46M-88.8% | |
| Investments | $79.55M0.0% | $79.54M-7.3% | $85.79M+6.4% | $80.63M+6.6% | $75.64M-1.7% | |
| Power & Utilities | $67.33M+3.4% | $65.13M+2.1% | $63.81M+3.3% | $61.79M+3.6% | $59.64M+3.6% | |
| Renewable Energy | $22.88M+0.1% | $22.86M+9.4% | $20.89M+21.0% | $17.27M+13.6% | $15.2M+9.4% | |
| Financing Receivable, Excluding Accrued Interest, Credit Loss Expense (Reversal), Adjusted by Business | ||||||
| Broadband Infrastructure | -$47K-101% | $4.66M+1,036% | $410K-38.4% | $666K+391% | -$229K— | |
| Corporate AgFinance | $2.02M-81.8% | $11.1M+298% | $2.79M+354% | $614K-25.8% | $828K+772% | |
| Farm & Ranch | $2.86M+967% | $268K-93.4% | $4.05M-9.9% | $4.49M+2,428% | -$193K-147% | |
| Funding | $0— | $0— | $0— | $0— | $0— | |
| Investments | $0+100% | -$21K-250% | -$6K-700% | $1K— | $0-100% | |
| Power & Utilities | -$61K— | —— | -$424K-681% | $73K-5.2% | $77K+143% | |
| Renewable Energy | $56K— | $0-100% | $616K-68.6% | $1.96M+78.5% | $1.1M-60.1% | |
| Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff by Business | ||||||
| Corporate AgFinance | $2.18M-81.3% | $11.64M+266% | $3.18M— | $0— | $0-100% | |
| Farm & Ranch | $0-100% | $1.98M+59.4% | $1.24M-56.2% | $2.84M— | $0— | |
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss by Business | ||||||
| Corporate AgFinance | $1.5B+2.9% | $1.46B+0.6% | $1.45B+0.1% | $1.45B+5.8% | $1.37B-0.8% | |
| Farm & Ranch | $8.87B+4.5% | $8.48B+4.5% | $8.12B+2.7% | $7.91B+5.3% | $7.51B+0.7% | |
| Recovery by Business | ||||||
| Corporate AgFinance | $0— | $0-100% | $554K+1,285% | $40K-51.8% | $83K— | |
| Farm & Ranch | $0— | $0-100% | $1.68M— | $0— | $0— | |
| Guarantee and commitment fees by Business | ||||||
| Broadband Infrastructure | $875K+2.8% | $851K+21.4% | $701K+24.3% | $564K+67.9% | $336K+60.8% | |
| Corporate AgFinance | $267K-4.0% | $278K+27.5% | $218K-2.7% | $224K+13.7% | $197K+4.2% | |
| Farm & Ranch | $4.95M+8.8% | $4.55M-0.5% | $4.57M+0.5% | $4.55M0.0% | $4.55M+6.0% | |
| Funding | $0— | $0— | $0— | $0— | $0— | |
| Investments | $0— | $0— | $0— | $0— | $0— | |
| Power & Utilities | $200K-1.0% | $202K-4.7% | $212K-1.4% | $215K-2.7% | $221K-5.2% | |
| Renewable Energy | $421K+1.0% | $417K-2.8% | $429K+34.1% | $320K+74.9% | $183K+14.4% | |
| Charge-offs by Business | ||||||
| Corporate AgFinance | $347K-78.4% | $1.61M— | $0— | $0— | $0-100% | |
| Farm & Ranch | $0-100% | $1.68M— | $0— | $0— | $0— | |
| Nonaccrual Loans by Business | ||||||
| Corporate AgFinance | $27.71M-38.7% | $45.18M-15.7% | $53.58M+42.5% | $37.61M-16.3% | $44.91M-1.0% | |
| Farm & Ranch | $220.11M+22.6% | $179.48M-4.6% | $188.2M+32.6% | $141.89M-6.5% | $151.8M+22.9% | |
| Provision for losses by Business | ||||||
| Corporate AgFinance | $1.97M-82.4% | $11.14M+296% | $2.81M+365% | $605K-39.5% | $1M+1,438% | |
| Farm & Ranch | $3.1M+1,155% | $247K-93.9% | $4.07M-7.7% | $4.4M+529% | $700K+622% | |
| Allowance for Losses by Business | ||||||
| Corporate AgFinance | $6.42M-3.2% | $6.63M-7.0% | $7.13M+2.7% | $6.94M+10.2% | $6.3M+17.1% | |
| Farm & Ranch | $12.32M+31.1% | $9.4M-15.6% | $11.13M+67.8% | $6.64M+30.8% | $5.07M-1.2% | |
| Loans modified by Business | ||||||
| Corporate AgFinance | $0— | —— | —— | —— | $0— | |
| Farm & Ranch | $18.1M— | —— | —— | —— | $6.7M-43.8% | |
| Total Loans by Product | ||||||
| In Consolidated Trusts | $2.39B-3.7% | $2.48B+12.6% | $2.21B-3.1% | $2.28B+13.4% | $2.01B-1.6% | |
| Unsecuritized | $15.21B+7.0% | $14.22B+5.2% | $13.52B+7.6% | $12.57B+4.9% | $11.98B+3.5% | |
| Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss by Product | ||||||
| In Consolidated Trusts | $2.39B-3.7% | $2.48B+12.5% | $2.2B-3.1% | $2.27B+13.4% | $2B-1.6% | |
| Unsecuritized | $14.82B+7.1% | $13.84B+5.2% | $13.16B+7.8% | $12.21B+5.1% | $11.62B+4.0% | |
| Financing Receivable, Excluding Accrued Interest, Before Allowance for Credit Loss And Loans Held-For-Sale Fair Value Disclosure by Product | ||||||
| In Consolidated Trusts | $2.39B-3.7% | $2.48B+12.6% | $2.21B-3.1% | $2.28B+13.4% | $2.01B-1.6% | |
| Unsecuritized | $14.86B+7.1% | $13.88B+5.2% | $13.19B+7.8% | $12.23B+5.1% | $11.64B+4.1% | |
| Allowance for Losses by Product | ||||||
| In Consolidated Trusts | $1.65M+48.0% | $1.11M+35.1% | $823K+17.1% | $703K+0.4% | $700K+11.3% | |
| Unsecuritized | $38.27M+4.4% | $36.67M+6.2% | $34.52M+18.0% | $29.25M+20.1% | $24.36M+7.8% | |
| Unamortized premiums, discounts, fair value hedge basis adjustment, and other cost basis adjustments by Product | ||||||
| In Consolidated Trusts | $0— | $0— | $0— | $0— | $0— | |
| Unsecuritized | -$354M-1.9% | -$347.46M-7.3% | -$323.78M+2.2% | -$331.17M+2.1% | -$338.4M+11.3% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Federal Agricultural Mortgage break its business down?
- Federal Agricultural Mortgage (AGM) reports total by business across 2 parts — Corporate AgFinance and Farm & Ranch. Each is extracted from the segment footnotes and tracked over time.
- Where does Federal Agricultural Mortgage's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Federal Agricultural Mortgage's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.