Federal Agricultural Mortgage AGM Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total by Business | ||||||
| Corporate AgFinance | $1.19B+0.2% | $1.19B-3.0% | $1.23B+2.9% | $1.19B+5.2% | $1.13B+2.9% | |
| Farm & Ranch | $1.78B+2.3% | $1.74B+1.0% | $1.73B+2.4% | $1.69B+1.9% | $1.65B+2.2% | |
| Other income/(expense) by Business | ||||||
| Broadband Infrastructure | -$56K— | $0— | $0— | $0— | $0— | |
| Corporate AgFinance | $456K0.0% | $456K+192% | -$498K+12.6% | -$570K+72.4% | -$2.07M-0.6% | |
| Funding | $0— | $0— | $0— | $0— | $0— | |
| Investments | -$150K-17.2% | -$128K-437% | $38K-22.4% | $49K-95.5% | $1.09M+1.7% | |
| Power & Utilities | -$7K0.0% | -$7K0.0% | -$7K— | $0— | $0— | |
| Renewable Energy | $8K0.0% | $8K0.0% | $8K0.0% | $8K— | $0— | |
| Segment Core Earnings by Business | ||||||
| Broadband Infrastructure | $8.88M+20.5% | $7.37M-13.0% | $8.47M+26.5% | $6.69M+8.0% | $6.2M-14.8% | |
| Farm & Ranch | $97.87M-0.4% | $98.29M+1.6% | $96.69M-4.2% | $100.91M-3.1% | $104.16M+1.2% | |
| Funding | $96M+1.2% | $94.88M+2.5% | $92.55M+3.1% | $89.78M+0.6% | $89.22M-1.0% | |
| Investments | $2.52M-14.4% | $2.95M-7.8% | $3.19M+0.4% | $3.18M+4.4% | $3.05M+51.0% | |
| Power & Utilities | $16.35M+6.7% | $15.32M+3.5% | $14.8M+9.4% | $13.54M+0.1% | $13.52M+1.0% | |
| Renewable Energy | $19.18M+26.4% | $15.18M+56.5% | $9.7M+38.9% | $6.99M+31.5% | $5.31M+57.9% | |
| Income Tax Expense (Benefit), Adjusted by Business | ||||||
| Broadband Infrastructure | $2.36M+20.5% | $1.96M-13.0% | $2.25M+26.6% | $1.78M+8.0% | $1.65M-14.8% | |
| Farm & Ranch | $25.76M-1.4% | $26.12M+1.7% | $25.7M-4.2% | $26.82M-3.1% | $27.69M+1.2% | |
| Funding | $25.52M+1.2% | $25.22M+2.5% | $24.6M+3.1% | $23.87M+0.6% | $23.72M-1.0% | |
| Investments | $672K-14.3% | $784K-7.7% | $849K+0.5% | $845K+4.4% | $809K+50.9% | |
| Power & Utilities | $4.34M+6.8% | $4.07M+3.5% | $3.93M+9.3% | $3.6M+0.1% | $3.59M+0.9% | |
| Renewable Energy | $5.1M+26.4% | $4.04M+56.4% | $2.58M+38.9% | $1.86M+31.5% | $1.41M+57.9% | |
| Interest Income by Business | ||||||
| Broadband Infrastructure | $57.4M+10.2% | $52.11M+10.4% | $47.21M+7.8% | $43.79M+8.5% | $40.36M+5.6% | |
| Corporate AgFinance | $102.49M0.0% | $102.44M+0.1% | $102.33M+1.8% | $100.5M-0.5% | $101.05M+0.2% | |
| Farm & Ranch | $633.64M+3.1% | $614.33M+1.4% | $605.78M-0.3% | $607.39M-0.8% | $612.49M-0.4% | |
| Funding | $123.25M-10.1% | $137.02M-11.0% | $153.95M-12.5% | $175.9M-10.8% | $197.13M-12.1% | |
| Investments | $331.73M+1.0% | $328.57M+0.7% | $326.29M+2.4% | $318.69M+2.2% | $311.9M+0.5% | |
| Power & Utilities | $282.37M+3.2% | $273.5M+3.3% | $264.8M+2.1% | $259.4M0.0% | $259.33M-0.5% | |
| Renewable Energy | $115.92M+11.2% | $104.28M+14.4% | $91.19M+16.5% | $78.25M+17.9% | $66.35M+22.5% | |
| 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 | $5.76M+12.8% | $5.1M+7.5% | $4.75M+11.1% | $4.27M+9.8% | $3.89M+6.1% | |
| Corporate AgFinance | $10.72M+3.3% | $10.37M+4.8% | $9.9M+14.3% | $8.66M+5.8% | $8.19M+3.6% | |
| Farm & Ranch | $29.23M+5.7% | $27.66M+2.8% | $26.9M+2.1% | $26.36M+4.6% | $25.21M+1.9% | |
| Funding | $11.27M-3.2% | $11.64M-4.0% | $12.13M+3.0% | $11.78M+6.2% | $11.09M+2.2% | |
| Investments | $3.37M0.0% | $3.37M-5.3% | $3.56M+3.6% | $3.44M+7.3% | $3.2M+3.0% | |
| Power & Utilities | $4.55M-0.6% | $4.58M+1.1% | $4.53M+2.6% | $4.41M+3.3% | $4.27M-0.2% | |
| Renewable Energy | $6.82M+2.7% | $6.63M+5.2% | $6.31M+7.6% | $5.86M+6.8% | $5.49M+13.2% | |
| Total Loans by Business | ||||||
| Corporate AgFinance | $5.87B+2.3% | $5.73B+1.4% | $5.66B+2.8% | $5.5B+3.1% | $5.34B+2.2% | |
| Farm & Ranch | $33.38B+4.3% | $32.02B+3.3% | $30.99B+3.8% | $29.84B+3.5% | $28.83B+3.0% | |
| 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 | $3.98M-1.9% | $4.06M-0.4% | $4.08M+0.9% | $4.04M-8.6% | $4.42M-0.9% | |
| Funding | $2.51M-33.2% | $3.76M-42.3% | $6.52M-8.8% | $7.14M-4.3% | $7.47M-23.8% | |
| Investments | -$471K-106% | -$229K0.0% | -$229K-68.4% | -$136K— | $0— | |
| Power & Utilities | $119K+14.4% | $104K— | —— | —— | —— | |
| Renewable Energy | $0— | $0— | $0— | $0— | $0— | |
| Net Effective Spread by Business | ||||||
| Broadband Infrastructure | $19.75M+12.9% | $17.49M+14.4% | $15.29M+11.6% | $13.71M+12.6% | $12.17M+11.2% | |
| Corporate AgFinance | $35.2M+0.9% | $34.9M+2.1% | $34.19M+8.4% | $31.54M+2.4% | $30.79M+2.2% | |
| Farm & Ranch | $144.4M+2.7% | $140.62M+2.6% | $136.99M-0.7% | $137.91M+1.1% | $136.35M+0.8% | |
| Funding | $132.79M+0.8% | $131.74M+1.9% | $129.29M+3.1% | $125.43M+1.1% | $124.03M-0.7% | |
| Investments | $6.69M-7.1% | $7.2M-4.7% | $7.56M+1.9% | $7.42M+24.3% | $5.97M+30.1% | |
| Power & Utilities | $24.2M+5.0% | $23.03M+5.0% | $21.93M+5.4% | $20.81M+1.9% | $20.43M+2.2% | |
| Renewable Energy | $32.03M+14.1% | $28.06M+17.3% | $23.93M+19.6% | $20.01M+19.2% | $16.78M+22.3% | |
| Total interest expense by Business | ||||||
| Broadband Infrastructure | $37.65M+8.7% | $34.62M+8.5% | $31.92M+6.1% | $30.09M+6.7% | $28.2M+3.4% | |
| Corporate AgFinance | $67.29M-0.4% | $67.54M-0.9% | $68.14M-1.2% | $68.97M-1.8% | $70.26M-0.6% | |
| Farm & Ranch | $485.26M+3.3% | $469.66M+1.1% | $464.71M-0.2% | $465.45M-1.3% | $471.72M-0.7% | |
| Investments | $325.51M+1.2% | $321.6M+0.8% | $318.96M+2.4% | $311.41M+1.8% | $305.93M+0.1% | |
| Power & Utilities | $258.05M+3.1% | $250.36M+3.1% | $242.82M+1.8% | $238.55M-0.1% | $238.86M-0.7% | |
| Renewable Energy | $83.89M+10.1% | $76.21M+13.3% | $67.26M+15.5% | $58.24M+17.5% | $49.57M+22.5% | |
| Financing Receivable, Excluding Accrued Interest, Credit Loss Expense (Reversal), Adjusted by Business | ||||||
| Broadband Infrastructure | $5.69M+3.3% | $5.51M— | —— | —— | —— | |
| Corporate AgFinance | $16.52M+7.8% | $15.33M+254% | $4.32M+30.4% | $3.32M-58.8% | $8.06M+17.6% | |
| Farm & Ranch | $11.67M+35.4% | $8.62M-1.7% | $8.76M+86.3% | $4.7M+929% | $457K-60.2% | |
| Funding | $0— | $0— | $0— | $0— | $0— | |
| Investments | -$26K0.0% | -$26K-550% | -$4K-233% | $3K+200% | $1K— | |
| Renewable Energy | $2.64M-28.4% | $3.68M-42.9% | $6.44M+4.5% | $6.16M+15.9% | $5.31M+1.5% | |
| Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff by Business | ||||||
| Corporate AgFinance | $16.99M+14.7% | $14.82M+308% | $3.64M+699% | $455K-89.7% | $4.4M0.0% | |
| Farm & Ranch | $6.06M0.0% | $6.06M+48.5% | $4.08M+43.8% | $2.84M+2,712% | $101K0.0% | |
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss by Business | ||||||
| Corporate AgFinance | $5.87B+2.3% | $5.73B+1.4% | $5.66B+2.8% | $5.5B+3.1% | $5.34B+2.2% | |
| Farm & Ranch | $33.38B+4.3% | $32.02B+3.3% | $30.99B+3.8% | $29.84B+3.5% | $28.83B+3.0% | |
| Recovery by Business | ||||||
| Corporate AgFinance | $594K-12.3% | $677K— | —— | —— | —— | |
| Farm & Ranch | $1.68M0.0% | $1.68M— | —— | —— | —— | |
| Guarantee and commitment fees by Business | ||||||
| Broadband Infrastructure | $2.99M+22.0% | $2.45M+35.5% | $1.81M+49.0% | $1.22M+71.9% | $707K+52.4% | |
| Corporate AgFinance | $987K+7.6% | $917K+10.7% | $828K+6.4% | $778K+14.2% | $681K+19.3% | |
| Farm & Ranch | $18.63M+2.2% | $18.22M+1.4% | $17.97M+1.5% | $17.7M-0.3% | $17.76M+0.4% | |
| Funding | $0— | $0— | $0— | $0— | $0— | |
| Investments | $0— | $0— | $0— | $0— | $0— | |
| Power & Utilities | $829K-2.5% | $850K-3.5% | $881K-2.2% | $901K-3.2% | $931K-3.6% | |
| Renewable Energy | $1.59M+17.6% | $1.35M+23.5% | $1.09M+28.5% | $850K+13.9% | $746K+19.4% | |
| Charge-offs by Business | ||||||
| Corporate AgFinance | $1.96M+21.6% | $1.61M-59.2% | $3.94M0.0% | $3.94M0.0% | $3.94M0.0% | |
| Farm & Ranch | $1.68M0.0% | $1.68M— | $0— | $0— | $0— | |
| Nonaccrual Loans by Business | ||||||
| Corporate AgFinance | $164.08M-9.5% | $181.29M-0.1% | $181.47M+3.4% | $175.57M+14.8% | $153M+28.0% | |
| Farm & Ranch | $729.68M+10.3% | $661.36M+9.2% | $605.43M+18.5% | $511.01M+13.3% | $450.94M+17.5% | |
| Provision for losses by Business | ||||||
| Corporate AgFinance | $16.52M+6.2% | $15.56M+247% | $4.48M+30.8% | $3.43M-58.3% | $8.21M+20.2% | |
| Farm & Ranch | $11.82M+25.5% | $9.42M+1.6% | $9.27M+73.0% | $5.36M+348% | $1.2M-36.9% | |
| Allowance for Losses by Business | ||||||
| Corporate AgFinance | $27.12M+0.5% | $27M+4.9% | $25.75M+5.6% | $24.39M+13.6% | $21.46M+21.0% | |
| Farm & Ranch | $39.49M+22.5% | $32.24M+15.3% | $27.97M+29.1% | $21.67M+9.9% | $19.71M+2.8% | |
| Total Loans by Product | ||||||
| In Consolidated Trusts | $9.35B+4.3% | $8.97B+5.2% | $8.52B+6.1% | $8.04B+6.8% | $7.52B+8.6% | |
| Unsecuritized | $55.52B+6.2% | $52.29B+5.3% | $49.63B+5.5% | $47.05B+4.8% | $44.89B+4.1% | |
| Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss by Product | ||||||
| In Consolidated Trusts | $9.35B+4.3% | $8.96B+5.2% | $8.52B+6.1% | $8.03B+6.8% | $7.52B+8.6% | |
| Unsecuritized | $54.03B+6.3% | $50.82B+5.6% | $48.15B+5.5% | $45.64B+5.0% | $43.46B+4.3% | |
| Financing Receivable, Excluding Accrued Interest, Before Allowance for Credit Loss And Loans Held-For-Sale Fair Value Disclosure by Product | ||||||
| In Consolidated Trusts | $9.35B+4.3% | $8.97B+5.2% | $8.52B+6.1% | $8.04B+6.8% | $7.52B+8.6% | |
| Unsecuritized | $54.16B+6.3% | $50.95B+5.6% | $48.26B+5.5% | $45.74B+5.0% | $43.54B+4.3% | |
| Allowance for Losses by Product | ||||||
| In Consolidated Trusts | $4.28M+28.3% | $3.34M+16.9% | $2.86M+7.0% | $2.67M+3.7% | $2.58M+10.7% | |
| Unsecuritized | $138.72M+11.2% | $124.8M+12.7% | $110.72M+15.9% | $95.52M+16.3% | $82.16M+14.7% | |
| Unamortized premiums, discounts, fair value hedge basis adjustment, and other cost basis adjustments by Product | ||||||
| In Consolidated Trusts | $0— | $0— | $0— | $0— | $0— | |
| Unsecuritized | -$1.36B-1.2% | -$1.34B+2.5% | -$1.37B-4.4% | -$1.32B+2.3% | -$1.35B+1.2% |
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.