The Federal Agricultural Mortgage Corporation (Farmer Mac) (NYSE: AGM) reported total revenues of $82.8 million for the first quarter of 2023 compared to $62.9 million in the year-ago period.
Net income attributable to common stockholders was $40.2 million, or $3.69 per share, compared to $44.7 million, or $4.10 per share, in the same period last year. Core EPS increased 50% year-over-year to $3.56.
The company added $1.7 billion of gross business volume, resulting in net growth of $0.6 billion in the quarter.
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