FEDERAL AGRICULTURAL MORTGAGE CORPAGM

時価総額

$16.7億

PER

農業向け金融の有力企業。農業ローンの保証とAgVantage等の証券化商品を展開。PricewaterhouseCoopersが2010年から監査。2025年2月20日に四半期配当1.50ドルを宣言。米国中心に展開。

	2011年 12月31日	2012年 12月31日	2013年 12月31日	2014年 12月31日	2015年 12月31日	2016年 12月31日	2017年 12月31日	2018年 12月31日	2019年 12月31日	2020年 12月31日	2021年 12月31日	2022年 12月31日	2023年 12月31日	2024年 12月31日
Net income	39	69	98	70	74	77	84	108	110	109	132	178	200	207
Net amortization of deferred gains, premiums, and discounts on loans, investments, Farmer Mac Guaranteed Securities, and USDA Securities	-20	20	-26	-18	-3	-2	-2	1	10	-8	-17	-1	17	24
Amortization of Debt Issuance Costs and Discounts	13	15	12	10	15	32	23	30	50	21	7	20	31	21
Net change in fair value of trading securities, loans held for sale, hedged items, and financial derivatives	-	-	-	-	-	-	-	-	-	-	-	-	-78	-214
Losses on sale of mortgage loans	-	-	-	-	-	-	-	-	-	-	7	-	-	-1
Gains on the sale of available-for-sale investment securities	-	-	-	-	-	-	-	-	-	-	0	-	-	1
Provision for Loan, Lease, and Other Losses	-	-	-	-3	0	1	2	0	4	8	-2	1	1	11
Excess tax benefits related to stock-based awards	-	-	-	-	-	-	-	-	-	-	-	-	1	1
Deferred income taxes	-19	-2	7	-7	4	4	3	3	1	-2	-2	12	7	-1
Stock-based compensation expense	3	2	3	3	3	3	3	3	2	4	4	5	7	8
Proceeds from Collection, Loan, Held-for-Sale	-	-	-	-	-	-	-	-	54	59	47	33	24	29
Interest receivable	20	-7	4	-3	6	10	32	26	19	-11	-7	64	64	32
Guarantee and commitment fees receivable	-	-	-	-2	1	-1	-0	0	0	-0	0	-1	2	-0
Other assets	10	43	-53	40	-8	-44	-4	6	3	3	10	126	-54	-19
Accrued interest payable	4	-9	2	-5	-1	2	26	21	10	-14	-9	59	64	13
Custodial deposit liability	-	-	-	-	-	-	-	-	-	-	45	-8	-11	131
Other liabilities	-7	5	-1	-4	-0	-5	3	-1	1	6	2	7	2	14
Net cash provided by operating activities	27	33	314	155	184	209	175	200	-20	-95	436	809	376	613
Purchases of equipment and leasehold improvements	-	-	-	-	-	-	-	-	-	-	-	-	-	5
Purchases of available-for-sale and held-to-maturity investment securities	-	-	-	-	-	-	-	-	-	-	-	-	1,574	2,432
Purchases of other investment securities	-	-	-	-	-	-	-	-	-	-	-	-	3	3
Debt Securities	-	-	-	-	-	-	-	1,221	2,166	2,853	2,005	2,472	-	-
Farmer Mac and USDA Guaranteed Securities	-	-	-	-	-	-	-	3,471	2,691	2,075	4,381	5,276	4,453	1,600
Purchases of loans held for investment	489	564	912	749	837	1,017	1,267	947	2,235	3,167	3,030	2,593	2,164	3,871
Purchases of defaulted loans	22	17	7	1	17	3	6	9	0	6	9	-	-	4
Proceeds from repayment of available-for-sale and held-to-maturity investment securities	-	-	-	-	-	-	-	-	-	-	-	-	1,397	1,329
Debt Securities	-	-	-	-	-	-	-	1,242	1,425	1,962	1,740	1,440	-	-
Farmer Mac and USDA Guaranteed Securities	-	-	-	-	-	-	-	2,813	2,191	2,518	4,028	4,429	3,478	3,067
Proceeds from repayment of Farmer Mac Guaranteed Securities and USDA Securities	891	1,410	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from repayment of loans purchased as held for investment	292	289	265	337	311	403	435	611	758	1,716	1,889	1,322	1,364	1,656
Proceeds from Sale of Debt Securities, Available-for-Sale	-	-	-	-	-	-	-	-	-	-	258	-	-	115
Proceeds from Sale, Loan, Held-for-Investment	-	-	-	-	-	-	-	-	-	-	301	9	-	6
Proceeds from Sale of Other Investments	26	-	-	176	337	609	519	383	321	165	113	100	-	60
Net cash used in investing activities	-2,005	-1,329	-995	-84	-1,251	-593	-1,848	-599	-2,385	-1,736	-1,096	-3,043	-1,955	-1,682
Proceeds from Short-Term Debt	-	-	-	-	-	-	-	-	-	-	61,112	52,470	49,291	59,737
Proceeds from Issuance of Medium-Term Note	-	-	-	-	-	-	-	-	-	-	11,173	9,031	8,275	8,546
Proceeds from Issuance of Trust Preferred Securities	-	-	-	-	-	-	-	-	-	-	-	258	222	588
Payments to redeem discount notes	-	-	-	-	-	-	-	-	-	-	60,743	54,085	48,139	59,308
Payments to redeem medium-term notes	-	-	-	-	-	-	-	-	-	-	10,586	5,192	7,862	8,053
Payments to third parties on debt securities of consolidated trusts	148	106	56	38	48	82	101	131	181	505	480	226	102	139
Proceeds from common stock issuance	0	3	2	0	2	1	0	0	0	0	0	0	0	0
Tax payments related to share-based awards	-	-	-	-	-	-	3	3	2	1	1	2	3	5
Retirement of preferred stock	-	-	58	-	-	-	-	-	75	60	-	-	-	75
Dividends paid on common and preferred stock	5	7	8	14	20	24	28	38	44	51	61	68	75	86
Net cash provided by financing activities	2,065	1,264	645	543	913	-560	1,710	522	2,583	2,260	535	2,186	1,607	1,205
Net change in cash and cash equivalents	-	-	-	-	-	-	-	-	179	430	-125	-48	28	135
Interest	-	-	-	-	-	-	-	-	366	283	199	269	583	820
Income taxes	-	-	-	-	-	-	-	-	23	30	36	34	48	39
Loans securitized as Farmer Mac Guaranteed Securities	-	-	-	-	-	-	-	-	321	165	113	163	36	110
Loans held for investment transferred to consolidated trusts	-	-	-	-	-	-	-	-	-	-	-	298	281	624