Quarterly ResultMay 5, 2026, 04:15 PM
Farmer Mac Q1 Net Income $51.8M; Basic EPS $4.78
AI Summary
Farmer Mac reported strong financial results for the first quarter ended March 31, 2026, with net income attributable to common stockholders increasing to $51.8 million and basic EPS rising to $4.78. The company also saw an 11.5% increase in net interest income, reaching $101.4 million. Total assets expanded to $36.7 billion, and the company provided $92.1 million in net cash from operating activities while repurchasing Class C common stock and distributing common stock dividends.
Key Highlights
- Net income attributable to common stockholders rose 17.8% to $51.8 million.
- Basic earnings per common share increased 18.3% to $4.78.
- Net interest income grew 11.5% to $101.4 million.
- Total assets reached $36.7 billion as of March 31, 2026.
- Repurchased $7.2 million of Class C Common Stock.
- Declared a common stock cash dividend of $1.60 per share.
- Net cash provided by operating activities was $92.1 million.
Price Impact
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