Farmer Mac Reports Record Business Volume and Strong Earnings in Q1 2026
Farmer Mac (FAMC) reported a record outstanding business volume of $34.8 billion and total revenue of $110 million, up 14% year-over-year. Core earnings reached $52 million, or $4.74 per diluted share, marking an all-time high. The company also noted strong growth in farm and ranch loan purchases and applications, indicating robust demand.
Tickers: $AGM PRE
Topics: agriculture finance earnings loan growth outstanding business volume revenue