U.S. Markets closed
  • S&P Futures

    3,363.50
    -19.50 (-0.58%)
     
  • Dow Futures

    27,207.00
    -158.00 (-0.58%)
     
  • Nasdaq Futures

    11,534.25
    -53.75 (-0.46%)
     
  • Russell 2000 Futures

    1,574.00
    -15.00 (-0.94%)
     
  • Crude Oil

    38.67
    -0.90 (-2.27%)
     
  • Gold

    1,908.80
    -3.10 (-0.16%)
     
  • Silver

    24.43
    -0.14 (-0.55%)
     
  • EUR/USD

    1.1780
    -0.0010 (-0.0825%)
     
  • 10-Yr Bond

    0.7780
    -0.0230 (-2.87%)
     
  • Vix

    33.35
    +0.89 (+2.74%)
     
  • GBP/USD

    1.3035
    -0.0006 (-0.0495%)
     
  • USD/JPY

    104.2900
    -0.2040 (-0.1952%)
     
  • BTC-USD

    13,770.04
    +15.28 (+0.11%)
     
  • CMC Crypto 200

    272.17
    +10.88 (+4.16%)
     
  • FTSE 100

    5,728.99
    -63.02 (-1.09%)
     
  • Nikkei 225

    23,425.89
    -68.41 (-0.29%)
     

Farmer Mac: 4Q Earnings Snapshot

WASHINGTON (AP) _ Federal Agricultural Mortgage Corp. (AGM) on Thursday reported fourth-quarter net income of $29.8 million.

The Washington-based company said it had profit of $1.82 per share. Earnings, adjusted for non-recurring costs, came to $1.90 per share.

The rural real estate lender posted revenue of $147.1 million in the period. Its adjusted revenue was $42.9 million.

For the year, the company reported profit of $108.1 million, or $8.83 per share. Revenue was reported as $186.2 million.

Farmer Mac shares have climbed 21 percent since the beginning of the year. The stock has declined 8.5 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGM at https://www.zacks.com/ap/AGM