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Dec 31, 2022
Farmer Mac Q4 2022 Earnings Report
Farmer Mac finished 2022 with record financial results due to solid execution of strategic initiatives, building a more diversified business platform.
Key Takeaways
Farmer Mac reported record financial results for Q4 2022, driven by solid execution of strategic initiatives and a diversified business platform. Net interest income grew significantly, and the company increased its quarterly dividend by 16%.
Added $9.0 billion of gross business volume, resulting in net growth of $2.3 billion
Net interest income grew 22% year-over-year to $270.9 million
Net effective spread increased 16% from the prior-year period to a record $255.5 million
Board of Directors raised the quarterly dividend on common stock by 16% to $1.10 per share
Farmer Mac
Farmer Mac
Farmer Mac Revenue by Geographic Location
Revenue by Geographic Location
Total Revenue
CapyFin.com Forward Guidance
Management's expectations for Farmer Mac's future necessarily involve assumptions and estimates and the evaluation of risks and uncertainties.