Company Federal Agricultural Mortgage Corporation

Equities

AGM

US3131483063

Corporate Financial Services

Market Closed - Nyse 04:00:02 2024-04-25 pm EDT 5-day change 1st Jan Change
189.1 USD -0.65% Intraday chart for Federal Agricultural Mortgage Corporation +4.84% -1.11%

Business Summary

Federal Agricultural Mortgage Corporation is a stockholder-owned, federally chartered corporation that combines private capital and public sponsorship to serve a public purpose. The Company’s secondary market activities include purchasing eligible loans directly from lenders (including participation interests, syndicated notes, revolving and non-revolving credit facilities, and unfunded commitments to make advances on loans); guaranteeing and purchasing securities issued by lenders and other financial institutions that are secured by pools of eligible loans; issuing and guaranteeing securities that represent interests in, or obligations secured by, pools of eligible loans; servicing (including as master servicer) eligible loans, including loans that have been purchased or securitized by Farmer Mac or that would be eligible for purchase by Farmer Mac but are owned by a third party; and providing long-term standby purchase commitments for eligible loans.

Number of employees: 185

Sales per Business

USD in Million2022Weight2023Weight Delta
Farm & Ranch
43.6 %
147 47.6 % 153 43.6 % +4.13%
Funding
37.6 %
85 27.6 % 132 37.6 % +54.46%
Corporate AgFinance
9.0 %
30 9.6 % 32 9.0 % +6.53%
Rural Utilities
7.4 %
17 5.6 % 26 7.4 % +51.08%
Renewable Energy
1.4 %
3 0.8 % 5 1.4 % +87.40%
Reconciling Items
0.6 %
34 10.9 % 2 0.6 % -93.69%
Investments
0.3 %
-7 -2.2 % 1 0.3 % -117.89%
Corporate
0.1 %
0 0.0 % 0 0.1 % +9,233.33%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
309 100.0 % 351 100.0 % +13.66%

Managers

Managers TitleAgeSince
Chief Executive Officer 68 18-10-14
Director of Finance/CFO 49 20-01-05
Chairman 80 96-06-12
Compliance Officer - -
Chief Tech/Sci/R&D Officer 57 23-03-31
Chief Operating Officer - 17-06-30
Public Communications Contact - -
Investor Relations Contact - 14-04-30
Corporate Officer/Principal - 01-07-31
General Counsel - 19-05-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 68 08-06-04
Director/Board Member 82 97-06-11
Chairman 80 96-06-12
Director/Board Member 71 01-06-06
Director/Board Member 64 18-05-04
Director/Board Member 77 19-05-08
Director/Board Member 79 10-06-02
Director/Board Member 59 10-09-29
Director/Board Member 65 20-05-11
Director/Board Member 58 12-04-03

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 4,800,000 0 0 16.89 %
Stock B 0 3,180,000 0 0
Stock C 0 4,000,000 0 0
Stock D 1 500,301 0 0
Stock E 0 3,000,000 0 0
Stock F 1 1,030,780 949,280 ( 92.09 %) 0
Stock G 0 9,310,872 881,595 ( 9.468 %) 0

Shareholders

NameEquities%Valuation
Boston Partners Global Investors, Inc.
4.835 %
450,404 4.835 % 89 M $
Dimensional Fund Advisors LP
4.760 %
443,369 4.760 % 87 M $
Principal Global Investors LLC
3.295 %
306,937 3.295 % 60 M $
Copeland Capital Management LLC
3.100 %
288,766 3.100 % 57 M $
Charles Schwab Investment Management, Inc.
2.565 %
238,943 2.565 % 47 M $
208,389 2.237 % 41 M $
Geode Capital Management LLC
2.174 %
202,536 2.174 % 40 M $
Wellington Management Co. LLP
1.865 %
173,747 1.865 % 34 M $
Loomis, Sayles & Co. LP
1.857 %
172,988 1.857 % 34 M $
Rice, Hall, James & Associates LLC
1.716 %
159,866 1.716 % 31 M $
NameEquities%Valuation
AgriBank FCB
40.30 %
201,621 40.30 % 31 M $
CoBank ACB
32.63 %
163,253 32.63 % 25 M $
AgFirst Farm Credit Bank (South Carolina)
16.79 %
84,024 16.79 % 13 M $
Farm Credit Bank of Texas
7.696 %
38,503 7.696 % 6 M $
NameEquities%Valuation
BlackRock Institutional Trust Co. NA
78.56 %
809,803 78.56 % 126 M $
Fidelity Management & Research Co. LLC
64.51 %
665,003 64.51 % 104 M $
Vanguard Global Advisers LLC
57.66 %
594,336 57.66 % 93 M $
ZB, NA (Investment Management)
31.25 %
322,100 31.25 % 50 M $
Wells Fargo Bank NA
9.359 %
96,473 9.359 % 15 M $
National Rural Utilities Cooperative Finance Corp.
7.907 %
81,500 7.907 % 13 M $
Morgan Stanley Smith Barney LLC
7.443 %
76,720 7.443 % 12 M $
Matthew 25 Management Corp.
6.936 %
71,500 6.936 % 11 M $
Goldman Sachs & Co. LLC
4.699 %
48,435 4.699 % 8 M $
Mariner LLC (13F Subfiler)
4.688 %
48,322 4.688 % 8 M $
NameEquities%Valuation
Thompson Investment Management, Inc.
0.0625 %
3,000 0.0625 % 65 670 $
NameEquities%Valuation
NWQ Investment Management Co. LLC
0.3750 %
15,000 0.3750 % 360 000 $
Thompson Investment Management, Inc.
0.0500 %
2,000 0.0500 % 48 000 $
NameEquities%Valuation
Thompson Investment Management, Inc.
0.0400 %
2,000 0.0400 % 40 740 $
NameEquities%Valuation
Thompson Investment Management, Inc.
0.0629 %
2,000 0.0629 % 48 040 $

Company contact information

Federal Agricultural Mortgage Corp.

1999 K Street NW 4th floor

20006, Washington

+202 872 7700

http://www.farmermac.com
address Federal Agricultural Mortgage Corporation(AGM)
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