Brief: Federal Agricultural Mortgage Q3 Earnings Per Share $2.46

Federal Agricultural Mortgage

08/11/2018 13:14

Nov 8 (Reuters) - Federal Agricultural Mortgage Corp
 AGM.N :
    * FARMER MAC REPORTS THIRD QUARTER 2018 RESULTS
    * Q3 NON-GAAP CORE EARNINGS PER SHARE $2.08
    * Q3 EARNINGS PER SHARE $2.46
    * QTRLY NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $2.46
PER
DILUTED COMMON SHARE
    * Q3 2018 CORE EARNINGS OF $2.08 PER DILUTED COMMON SHARE
    * DURING Q3 2018, FARMER MAC ADDED $1.5 BILLION OF GROSS NEW
BUSINESS VOLUME, COMPARED TO $0.9 BILLION IN Q3 2017
    * FEDERAL AGRICULTURAL MORTGAGE - NET INTEREST INCOME WAS
$45.1
MILLION FOR Q3 2018, COMPARED TO $43.9 MILLION FOR Q2 2018 AND
$39.6 MILLION FOR Q3 2017
    * CORE CAPITAL TOTALED $713.6 MILLION AS OF SEPT 30, 2018,
EXCEEDING STATUTORY MINIMUM CAPITAL REQUIREMENT BY 32 PERCENT

Source text for Eikon:  urn:newsml:reuters.com:*:nPnW5VKpa
Further company coverage:  AGM.N 

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