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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
Revenue by Geographic Location
Forward Guidance
Management's expectations for Farmer Mac's future necessarily involve assumptions and estimates and the evaluation of risks and uncertainties.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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