FEDERAL AGRICULTURAL MORTGAGE CORP
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
AGM$173.58-4.4%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
| For the Years Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| (in thousands) | |||
| Net income | $207,193 | $200,003 | $178,144 |
| Other comprehensive income/(loss): | |||
| Net unrealized gains/(losses) on available-for-sale securities | 39,078 | 59,640 | (137,506) |
| Net changes in held-to-maturity securities | (636) | (31,750) | 259 |
| Net unrealized (losses)/gains on cash flow hedges | (3,002) | (14,348) | 68,012 |
| Other comprehensive income/(loss) before tax | 35,440 | 13,542 | (69,235) |
| Income tax (expense)/benefit related to other comprehensive income/(loss) | (7,442) | (2,844) | 14,539 |
| Other comprehensive income/(loss) net of tax | 27,998 | 10,698 | (54,696) |
| Comprehensive income | $235,191 | $210,701 | $123,448 |
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