AGMFederal Agricultural Mortgage Corporation

$2B

Q3 2020 Earnings

Financial Services Financial - Credit Services

Income Statement

Revenue

$112M-29.4% YoY

Gross Profit

$46M41.6% margin

Operating Income

$32M28.5% margin

Net Income

$25M22.8% margin

EPS (Diluted)

$1.73

QoQ Revenue Growth

-19.4%

Cash Flow

Operating Cash Flow

$82M

Free Cash Flow

$82M

Stock-Based Comp.

$753,000

Balance Sheet

Total Assets

$24.0B

Total Liabilities

$23.1B

Stockholders' Equity

$930M

Cash & Equivalents

$911M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$112M	$158M	-29.4%
Gross Profit	$46M	$36M	+28.7%
Operating Income	$32M	$22M	+41.7%
Net Income	$25M	$18M	+42.9%

AGM Q3 2020 Earnings — Federal Agricultural Mortgage Corporation Revenue & Financial Results | Market Cap Arena