WASHINGTON (AP) _ Federal Agricultural Mortgage Corp. (AGM) on Thursday reported fourth quarter earnings of $ 34.7 million.
On a per share basis, the Washington-based company said it had a profit of $ 2.73. Earnings, adjusted for non-recurring earnings, were $ 2.45 per share.
The rural real estate lender posted revenue of $ 124.9 million in the period. Its adjusted revenue was $ 63.8 million.
For the year, the company posted a profit of $ 108.6 million, or $ 8.27 per share. Revenues were reported as $ 206.6 million.
Shares of Farmer Mac have risen 14% since the beginning of the year. In the final minutes of trading on Thursday, the stock reached $ 84.80, …
Read more from source
Copyright @ www.mysanantonio.com
- According to this source Farmer Mac: snapshot of 4Q earnings
- Check the more updates related to Apple Tips and Apple news now.
from our channels.