FEDERAL AGRICULTURAL MORTGAGE CORP
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
AGM$181.57+0.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Equity
| Accumulated | ||||||||
|---|---|---|---|---|---|---|---|---|
| Additional · Other | ||||||||
| Preferred Stock · Common Stock · Paid-In · Comprehensive · Retained · Total | ||||||||
| Shares | Amount | Shares | Amount | Capital | Income/(Loss) | Earnings | Equity | |
| (in thousands) | ||||||||
| Balance as of December 31, 2021 | 19,980 | $484,531 | 10,766 | $10,766 | $125,993 | $3,853 | $588,557 | $1,213,700 |
| Net Income | — | — | — | — | — | — | 178,144 | 178,144 |
| Other comprehensive loss, net of tax | — | — | — | — | — | (54,696) | — | (54,696) |
| Cash dividends: | ||||||||
| Preferred stock | — | — | — | — | — | — | (27,165) | (27,165) |
| Common stock (cash dividend of $0.95 per share) | — | — | — | — | — | — | (41,006) | (41,006) |
| Issuance of Class C Common Stock | — | — | 35 | 35 | 190 | — | — | 225 |
| Stock-based compensation cost | — | — | — | — | 4,625 | — | — | 4,625 |
| Other stock-based award activity | — | — | — | — | (1,869) | — | — | (1,869) |
| Balance as of December 31, 2022 | 19,980 | $484,531 | 10,801 | $10,801 | $128,939 | $(50,843) | $698,530 | $1,271,958 |
| Net Income | — | — | — | — | — | — | 200,003 | 200,003 |
| Other comprehensive income, net of tax | — | — | — | — | — | 10,698 | — | 10,698 |
| Cash dividends: | ||||||||
| Preferred stock | — | — | — | — | — | — | (27,165) | (27,165) |
| Common stock (cash dividend of $1.10 per share) | — | — | — | — | — | — | (47,652) | (47,652) |
| Issuance of Class C Common Stock | — | — | 41 | 41 | 233 | — | — | 274 |
| Stock-based compensation cost | — | — | — | — | 6,801 | — | — | 6,801 |
| Other stock-based award activity | — | — | — | — | (3,054) | — | — | (3,054) |
| Balance as of December 31, 2023 | 19,980 | $484,531 | 10,842 | $10,842 | $132,919 | $(40,145) | $823,716 | $1,411,863 |
| Net Income | — | — | — | — | — | — | 207,193 | 207,193 |
| Other comprehensive income, net of tax | — | — | — | — | — | 27,998 | — | 27,998 |
| Cash dividends: | ||||||||
| Preferred stock | — | — | — | — | — | — | (25,146) | (25,146) |
| Common stock (cash dividend of $1.40 per share) | — | — | — | — | — | — | (60,905) | (60,905) |
| Redemption of Series C preferred stock | (3,000) | (73,382) | — | — | — | — | — | (73,382) |
| Loss on retirement of preferred stock | — | — | — | — | — | — | (1,619) | (1,619) |
| Issuance of Class C Common Stock | — | — | 49 | 49 | 287 | — | — | 336 |
| Stock-based compensation cost | — | — | — | — | 8,087 | — | — | 8,087 |
| Other stock-based award activity | — | — | — | — | (5,399) | — | — | (5,399) |
| Balance as of December 31, 2024 | 16,980 | $411,149 | 10,891 | $10,891 | $135,894 | $(12,147) | $943,239 | $1,489,026 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.