Federal Agricultural Mortgage reports Q4 adjusted EPS $4.10, consensus $4.05

“In 2023, Farmer Mac recorded another year of remarkable success, marked by double-digit earnings growth, record net effective spread, and outstanding business volume,” said President and CEO, Brad Nordholm. “This achievement builds on our consistent performance over the past several years, with a dedication to strategic initiatives and organizational alignment. Our team’s disciplined execution of our strategy, effective asset-liability management decisions, and successful business development efforts have driven our success. The health and resilience of our business model combined with our recent efforts to expand our marketing and branding approach positions us well in 2024 to highlight our distinctive position as a secondary market partner that fuels growth, innovation, and prosperity in America’s rural and agricultural communities.”