Core Insights - Farmer Mac announced a 7% increase in its quarterly dividend, raising it to 1.50pershare,markingthefourteenthconsecutiveyearofdividendincreases[5][10]−Thecompanyreportedanoutstandingbusinessvolumeof29.5 billion as of December 31, 2024, reflecting strong operational performance [1][22] - Farmer Mac's net interest income grew by 8% year-over-year to 353.9million,whilenetincomeattributabletocommonstockholdersincreasedto180.4 million, up from 172.8millioninthepreviousyear[10][24]FinancialPerformance−ForthefiscalyearendedDecember31,2024,netinterestincomewas353.9 million, an increase of 8% from 327.5millionin2023[10][24]−Thedilutedearningspershare(EPS)roseby244.63, compared to 3.73inthesamequarterofthepreviousyear[10][24]−Coreearningsfortheyearwerereportedat171.6 million, or 15.64perdilutedcommonshare,showingstabilitycomparedtothepreviousyear[10][29]BusinessStrategyandOutlook−Thecompanyexpressedoptimismaboutitsfuture,citingstrongliquidity,capitallevels,andeffectiveriskmanagementpracticesaskeycomponentsofitsstrategymovinginto2025[2][21]−FarmerMacaimstoenhancetheeconomicframeworksupportingruralAmerica,focusingoninnovativeandprofitableoperations[2][21]DividendInformation−Thequarterlydividendof1.50 per share will be payable on March 31, 2025, to shareholders of record as of March 14, 2025 [5][10] - The increase in dividends is supported by the company's earnings potential and overall capital position [5][10] Balance Sheet Highlights - As of December 31, 2024, total assets amounted to 31.3billion,upfrom29.5 billion in 2023, indicating growth in the company's financial position [22][23] - Total equity increased to $1.5 billion, reflecting a solid capital base for future operations [22][23]
