Market cap
$2.3bn
Earnings yield vs 10-yr compares what the business earns per pound invested against the 5.28% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.
Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.
During second quarter 2026, we: • provided $4.0 billion in liquidity and lending capacity to lenders serving rural America; • maintained strong liquidity in our investment portfolio, averaging 282 days of liquidity during 2026, well above the regulatory requirement of a minimum of 90 days of liquidity; • issued $100 million of 6.875% non-cumulative perpetual Series I preferred stock; • delivered record net income, contributing to a $41.5 million increase in retained earnings and a capital position $0.7 billion above the minimum regulatory requirement; and • maintained uninterrupted access to the debt capital markets. …FEDERAL AGRICULTURAL MORTGAGE CORP, 10-Q, period ended 2026-06-30, filed 2026-07-30