Flagship explainer
How FEDERAL AGRICULTURAL MORTGAGE CORPORATION earns its spread
Start with net interest income, then follow the filed path to net income.
| Filed line | Value | % of net interest income | Source |
|---|---|---|---|
| $391M | 100% |
| |
| Income before tax | $256M | 65% |
|
| Income tax | $48.3M | 12% |
|
| $207M | 53% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0000845877-26-000014