Farmer Mac reported results for Q4 and FY 2025 (ended Dec. 31, 2025), highlighting record net effective spread and outstanding business volume. In Q4, net interest income rose 12% to USD 104.52 million, while net income attributable to common stockholders was USD 40.64 million and diluted EPS was USD 3.71; net effective spread increased 16% to USD 101.39 million. For FY 2025, net interest income increased 10% to USD 390.73 million and net effective spread rose 13% to a record USD 383.04 million. Net income attributable to common stockholders was USD 182.49 million (diluted EPS: USD 16.62), and core earnings were a record USD 182.95 million (core diluted EPS: USD 16.66), up 7%. Outstanding business volume was USD 33.4 billion, reflecting USD 3.83 billion of growth (13%), and the company said it provided USD 10.5 billion in liquidity and lending capacity to lenders serving rural America. Total core capital was USD 1.7 billion and the Tier 1 capital ratio was 13.3% as of Dec. 31, 2025. Farmer Mac also announced a dividend increase: on Feb. 18, 2026, its board raised the quarterly common stock dividend 7% to USD 1.60 per share, payable March 31, 2026, marking the 15th consecutive annual increase. CEO Brad Nordholm said isolated borrower-specific credit events, particularly in Q4, affected core earnings but did not change the company’s view of its underlying performance trajectory.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Farmer Mac - Federal Agricultural Mortgage Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602191605PR_NEWS_USPR_____PH91526) on February 19, 2026, and is solely responsible for the information contained therein.