Farmer Mac Reports Second Quarter 2021 Results

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Farmer Mac (AGM) Tops Q2 EPS by 16c

August 5, 2021 5:00 PM EDT

Farmer Mac (NYSE: AGM) reported Q2 EPS of $2.77, $0.16 better than the analyst estimate of $2.61.

Added $1.5 billion of gross business volume, resulting in net growth of $334.6 million;Net interest income grew $6.8 million year-over-year to $55.1 million;Net effective spread, a non-GAAP measure,... More