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+5.3% | $1.19B+8.0% | $1.23B+14.5% | $1.19B+16.5% | $1.13B-41.6% | |
| Farm & Ranch | $1.78B+7.8% | $1.74B+7.7% | $1.73B+9.5% | $1.69B-77.8% | $1.65B-87.8% | |
| Other income/(expense) by Business | ||||||
| Broadband Infrastructure | -$56K— | $0— | $0— | $0— | $0— | |
| Corporate AgFinance | $456K+122% | $456K+122% | -$498K+53.8% | -$570K+49.0% | -$2.07M-4,498% | |
| Funding | $0— | $0— | $0— | $0-100% | $0-100% | |
| Investments | -$150K-114% | -$128K-112% | $38K-96.5% | $49K-95.5% | $1.09M+3,215% | |
| Power & Utilities | -$7K— | -$7K— | -$7K— | $0— | $0— | |
| Renewable Energy | $8K— | $8K— | $8K— | $8K— | $0— | |
| Segment Core Earnings by Business | ||||||
| Broadband Infrastructure | $8.88M+43.3% | $7.37M+1.3% | $8.47M+34.6% | $6.69M+13.8% | $6.2M+29.6% | |
| Farm & Ranch | $97.87M-6.0% | $98.29M-4.5% | $96.69M+6.3% | $100.91M+8.2% | $104.16M+6.5% | |
| Funding | $96M+7.6% | $94.88M+5.3% | $92.55M+7.7% | $89.78M-0.8% | $89.22M-5.2% | |
| Investments | $2.52M-17.2% | $2.95M+45.9% | $3.19M+380% | $3.18M+430% | $3.05M+329% | |
| Power & Utilities | $16.35M+21.0% | $15.32M+14.4% | $14.8M+9.9% | $13.54M-3.2% | $13.52M-2.6% | |
| Renewable Energy | $19.18M+261% | $15.18M+351% | $9.7M— | $6.99M— | $5.31M— | |
| Income Tax Expense (Benefit), Adjusted by Business | ||||||
| Broadband Infrastructure | $2.36M+43.3% | $1.96M+1.3% | $2.25M+34.6% | $1.78M+13.8% | $1.65M+29.5% | |
| Farm & Ranch | $25.76M-7.0% | $26.12M-4.5% | $25.7M-7.5% | $26.82M-1.4% | $27.69M+2.4% | |
| Funding | $25.52M+7.6% | $25.22M+5.3% | $24.6M+0.4% | $23.87M-4.0% | $23.72M-6.4% | |
| Investments | $672K-16.9% | $784K+46.3% | $849K+531% | $845K+2,514% | $809K+323% | |
| Power & Utilities | $4.34M+20.9% | $4.07M+14.3% | $3.93M+9.7% | $3.6M-3.3% | $3.59M-2.6% | |
| Renewable Energy | $5.1M+261% | $4.04M+351% | $2.58M+235% | $1.86M+490% | $1.41M+674% | |
| Interest Income by Business | ||||||
| Broadband Infrastructure | $57.4M+42.2% | $52.11M+36.3% | $47.21M+35.1% | $43.79M+34.5% | $40.36M+28.5% | |
| Corporate AgFinance | $102.49M+1.4% | $102.44M+1.6% | $102.33M+3.5% | $100.5M+3.5% | $101.05M+7.3% | |
| Farm & Ranch | $633.64M+3.5% | $614.33M-0.1% | $605.78M+0.1% | $607.39M+3.1% | $612.49M+7.1% | |
| Funding | $123.25M-37.5% | $137.02M-38.9% | $153.95M-31.7% | $175.9M-19.0% | $197.13M-6.3% | |
| Investments | $331.73M+6.4% | $328.57M+5.9% | $326.29M+10.4% | $318.69M+13.4% | $311.9M+15.6% | |
| Power & Utilities | $282.37M+8.9% | $273.5M+4.9% | $264.8M+3.4% | $259.4M+3.9% | $259.33M+7.9% | |
| Renewable Energy | $115.92M+74.7% | $104.28M+92.4% | $91.19M+127% | $78.25M+168% | $66.35M+197% | |
| 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+47.9% | $5.1M+39.2% | $4.75M+47.8% | $4.27M+45.9% | $3.89M+47.5% | |
| Corporate AgFinance | $10.72M+30.9% | $10.37M+31.2% | $9.9M+40.8% | $8.66M+32.7% | $8.19M+36.4% | |
| Farm & Ranch | $29.23M+16.0% | $27.66M+11.8% | $26.9M+12.1% | $26.36M+11.5% | $25.21M+6.8% | |
| Funding | $11.27M+1.6% | $11.64M+7.3% | $12.13M+21.4% | $11.78M+13.2% | $11.09M+2.3% | |
| Investments | $3.37M+5.3% | $3.37M+8.4% | $3.56M+26.3% | $3.44M+15.5% | $3.2M+2.7% | |
| Power & Utilities | $4.55M+6.5% | $4.58M+6.9% | $4.53M+11.9% | $4.41M+12.5% | $4.27M+12.6% | |
| Renewable Energy | $6.82M+24.2% | $6.63M+36.8% | $6.31M+46.6% | $5.86M+48.6% | $5.49M+52.3% | |
| Total Loans by Business | ||||||
| Corporate AgFinance | $5.87B+9.9% | $5.73B+9.8% | $5.66B+10.9% | $5.5B+9.4% | $5.34B+8.2% | |
| Farm & Ranch | $33.38B+15.8% | $32.02B+14.4% | $30.99B+14.4% | $29.84B+12.5% | $28.83B+10.7% | |
| 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 | $3.98M-9.9% | $4.06M-8.9% | $4.08M-10.5% | $4.04M-10.4% | $4.42M+5.7% | |
| Funding | $2.51M-66.3% | $3.76M-61.6% | $6.52M+376% | $7.14M+66.4% | $7.47M+446% | |
| Investments | -$471K— | -$229K— | -$229K— | -$136K-131% | $0+100% | |
| Power & Utilities | $119K— | $104K— | —— | —— | —— | |
| Renewable Energy | $0— | $0— | $0— | $0— | $0— | |
| Net Effective Spread by Business | ||||||
| Broadband Infrastructure | $19.75M+62.3% | $17.49M+59.8% | $15.29M+57.0% | $13.71M+49.7% | $12.17M+35.6% | |
| Corporate AgFinance | $35.2M+14.3% | $34.9M+15.8% | $34.19M+11.7% | $31.54M-2.9% | $30.79M-3.9% | |
| Farm & Ranch | $144.4M+5.9% | $140.62M+3.9% | $136.99M+0.7% | $137.91M+3.7% | $136.35M+2.3% | |
| Funding | $132.79M+7.1% | $131.74M+5.5% | $129.29M+1.8% | $125.43M-3.9% | $124.03M-6.6% | |
| Investments | $6.69M+12.1% | $7.2M+57.0% | $7.56M+182% | $7.42M+227% | $5.97M+171% | |
| Power & Utilities | $24.2M+18.5% | $23.03M+15.2% | $21.93M+15.6% | $20.81M+14.1% | $20.43M+20.0% | |
| Renewable Energy | $32.03M+90.9% | $28.06M+105% | $23.93M+130% | $20.01M+159% | $16.78M+187% | |
| Total interest expense by Business | ||||||
| Broadband Infrastructure | $37.65M+33.5% | $34.62M+26.9% | $31.92M+26.6% | $30.09M+28.5% | $28.2M+25.6% | |
| Corporate AgFinance | $67.29M-4.2% | $67.54M-4.5% | $68.14M-1.0% | $68.97M+5.1% | $70.26M+12.0% | |
| Farm & Ranch | $485.26M+2.9% | $469.66M-1.2% | $464.71M0.0% | $465.45M+3.1% | $471.72M+8.4% | |
| Investments | $325.51M+6.4% | $321.6M+5.2% | $318.96M+8.8% | $311.41M+11.5% | $305.93M+13.9% | |
| Power & Utilities | $258.05M+8.0% | $250.36M+4.1% | $242.82M+2.5% | $238.55M+3.1% | $238.86M+7.0% | |
| Renewable Energy | $83.89M+69.2% | $76.21M+88.3% | $67.26M+123% | $58.24M+167% | $49.57M+195% | |
| Financing Receivable, Excluding Accrued Interest, Credit Loss Expense (Reversal), Adjusted by Business | ||||||
| Broadband Infrastructure | $5.69M— | $5.51M— | —— | —— | —— | |
| Corporate AgFinance | $16.52M+105% | $15.33M+124% | $4.32M-36.5% | $3.32M-34.7% | $8.06M+3,717% | |
| Farm & Ranch | $11.67M+2,454% | $8.62M+651% | $8.76M+918% | $4.7M+372% | $457K-47.9% | |
| Funding | $0— | $0— | $0— | $0— | $0— | |
| Investments | -$26K-2,700% | -$26K— | -$4K-100% | $3K+175% | $1K+125% | |
| Renewable Energy | $2.64M-50.4% | $3.68M-29.7% | $6.44M+154% | $6.16M+174% | $5.31M+348% | |
| Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff by Business | ||||||
| Corporate AgFinance | $16.99M+286% | $14.82M+237% | $3.64M-7.8% | $455K-88.5% | $4.4M— | |
| Farm & Ranch | $6.06M+5,904% | $6.06M+5,904% | $4.08M+3,943% | $2.84M+2,712% | $101K— | |
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss by Business | ||||||
| Corporate AgFinance | $5.87B+9.9% | $5.73B+9.8% | $5.66B+10.9% | $5.5B— | $5.34B— | |
| Farm & Ranch | $33.38B+15.8% | $32.02B+14.4% | $30.99B+14.4% | $29.84B— | $28.83B— | |
| Recovery by Business | ||||||
| Corporate AgFinance | $594K— | $677K— | —— | —— | —— | |
| Farm & Ranch | $1.68M— | $1.68M— | —— | —— | —— | |
| Guarantee and commitment fees by Business | ||||||
| Broadband Infrastructure | $2.99M+323% | $2.45M+428% | $1.81M+581% | $1.22M+613% | $707K+464% | |
| Corporate AgFinance | $987K+44.9% | $917K+60.6% | $828K+75.4% | $778K+104% | $681K+115% | |
| Farm & Ranch | $18.63M+4.9% | $18.22M+3.0% | $17.97M+0.6% | $17.7M-1.7% | $17.76M+0.9% | |
| Funding | $0— | $0— | $0— | $0— | $0— | |
| Investments | $0— | $0— | $0— | $0— | $0— | |
| Power & Utilities | $829K-11.0% | $850K-12.0% | $881K-12.4% | $901K-13.9% | $931K-13.3% | |
| Renewable Energy | $1.59M+113% | $1.35M+116% | $1.09M+122% | $850K+158% | $746K+469% | |
| Charge-offs by Business | ||||||
| Corporate AgFinance | $1.96M-50.4% | $1.61M-59.2% | $3.94M— | $3.94M— | $3.94M— | |
| Farm & Ranch | $1.68M— | $1.68M— | $0— | $0— | $0— | |
| Nonaccrual Loans by Business | ||||||
| Corporate AgFinance | $164.08M+7.2% | $181.29M+51.7% | $181.47M+145% | $175.57M+563% | $153M+487% | |
| Farm & Ranch | $729.68M+61.8% | $661.36M+72.3% | $605.43M+85.9% | $511.01M+72.8% | $450.94M+68.9% | |
| Provision for losses by Business | ||||||
| Corporate AgFinance | $16.52M+101% | $15.56M+128% | $4.48M— | $3.43M— | $8.21M— | |
| Farm & Ranch | $11.82M+889% | $9.42M+397% | $9.27M+415% | $5.36M+231% | $1.2M-13.2% | |
| Allowance for Losses by Business | ||||||
| Corporate AgFinance | $27.12M+26.4% | $27M+52.3% | $25.75M+68.3% | $24.39M+84.6% | $21.46M+29.6% | |
| Farm & Ranch | $39.49M+100% | $32.24M+68.1% | $27.97M+55.6% | $21.67M+27.0% | $19.71M+20.8% | |
| Total Loans by Product | ||||||
| In Consolidated Trusts | $9.35B+24.3% | $8.97B+29.5% | $8.52B+34.8% | $8.04B+33.4% | $7.52B+31.7% | |
| Unsecuritized | $55.52B+23.7% | $52.29B+21.3% | $49.63B+19.7% | $47.05B+17.4% | $44.89B+14.7% | |
| Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss by Product | ||||||
| In Consolidated Trusts | $9.35B+24.3% | $8.96B+29.5% | $8.52B+34.8% | $8.03B+33.4% | $7.52B+31.7% | |
| Unsecuritized | $54.03B+24.3% | $50.82B+22.0% | $48.15B+20.1% | $45.64B+18.3% | $43.46B+15.4% | |
| 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+24.3% | $8.97B+29.5% | $8.52B+34.8% | $8.04B+33.4% | $7.52B+31.7% | |
| Unsecuritized | $54.16B+24.4% | $50.95B+22.1% | $48.26B+20.1% | $45.74B+18.4% | $43.54B+15.4% | |
| Allowance for Losses by Product | ||||||
| In Consolidated Trusts | $4.28M+66.4% | $3.34M+43.4% | $2.86M+33.3% | $2.67M+36.5% | $2.58M+35.9% | |
| Unsecuritized | $138.72M+68.8% | $124.8M+74.2% | $110.72M+71.3% | $95.52M+55.4% | $82.16M+33.0% | |
| 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-0.7% | -$1.34B+1.7% | -$1.37B-6.8% | -$1.32B+9.0% | -$1.35B+3.8% |
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.