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Federal Agricultural Mortgage Corporation (AGM)

NYSE - Nasdaq Real Time Price. Currency in USD
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183.25+2.89 (+1.60%)
At close: 04:00PM EDT
183.25 -0.30 (-0.16%)
After hours: 04:13PM EDT

Federal Agricultural Mortgage Corporation

1999 K Street, NW
4th Floor
Washington, DC 20006
United States
202 872 7700
https://www.farmermac.com

Sector(s)Financial Services
IndustryCredit Services
Full Time Employees185

Key Executives

NameTitlePayExercisedYear Born
Mr. Bradford Todd NordholmPresident & CEO2.45MN/A1957
Ms. Aparna RameshExecutive VP, CFO & Treasurer1.06M179.36k1976
Mr. Stephen P. MulleryExecutive VP, General Counsel & Corporate Secretary887.18k293.78k1967
Mr. Marc J. CradySenior VP & Chief Credit Officer705.37kN/A1969
Mr. Robert J. MainesSenior Vice President of OperationsN/AN/A1969
Mr. Gregory N. RamseyVP, Principal Accounting Officer & Chief Accounting Officer464.53kN/A1965
Mr. Sean T. DatcherSenior VP & Chief Information OfficerN/AN/A1966
Ms. Jalpa NazarethSenior Director of Investor Relations & Finance StrategyN/AN/AN/A
Michelle NicholsDirector of ComplianceN/AN/AN/A
Ms. Lisa MeyerVice President of Marketing & Corporate CommunicationsN/AN/AN/A
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Corporate AgFinance, Farm & Ranch, Rural Utilities, and Renewable Energy. The company's Agricultural Finance line of business engages in purchasing and retaining eligible loans and securities; guaranteeing the payment of principal and interest on securities that represent interests in or obligations secured by pools of eligible loans; servicing eligible loans; and issuing LTSPCs for eligible loans. Its Rural Infrastructure Finance line of business is involved in the purchase of rural utilities loans and renewable energy loans and guarantees of securities backed by loans, as well as LTSPCs for pools of eligible rural utilities loans; by loans for electric or telecommunications facilities by lenders organized as cooperatives to borrowers; and other financial institutions that are secured by pools of eligible loans. Federal Agricultural Mortgage Corporation was incorporated in 1987 and is headquartered in Washington, the District of Columbia.

Corporate Governance

Federal Agricultural Mortgage Corporation’s ISS Governance QualityScore as of April 1, 2024 is 7. The pillar scores are Audit: 6; Board: 3; Shareholder Rights: 10; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.