Federal Agricultural Mortgage Corp. (Farmer Mac) announced its fourth-quarter net income of $47.9 million, or $3.71 per share, with adjusted earnings of $3.66 per share. The company reported quarterly revenue of $107.9 million. For the full year, Farmer Mac recorded a profit of $207.4 million, or $16.62 per share, on revenue of $410.3 million.
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Farmer Mac: Q4 Earnings Snapshot
Federal Agricultural Mortgage Corp. (Farmer Mac) announced its fourth-quarter net income of $47.9 million, or $3.71 per share, with adjusted earnings of $3.66 per share. The company reported quarterly revenue of $107.9 million. For the full year, Farmer Mac recorded a profit of $207.4 million, or $16.62 per share, on revenue of $410.3 million.