Farmer Mac Q3 2026 EPS rises 13% to $5.03; business volume hits record $38.5 billion
Farmer Mac reported third-quarter 2026 results, with GAAP diluted EPS of $5.03 and net income attributable to common stockholders of $54.9 million, both up year over year. Compared with the second quarter of 2026, net income, core earnings and core EPS all declined, and credit provisions rose to $11.1 million from $7.4 million, partly tied to a single telecommunications credit.
Key points
- Diluted GAAP EPS was $5.03, up 13% from $4.44 a year earlier but down 7% from $5.41 in the second quarter of 2026.
- Diluted core EPS was $4.82, up 7% year over year and down 11% from $5.40 in the second quarter.
- Net interest income was $115.9 million, up 18% year over year and down 2% from the second quarter.
- Outstanding business volume reached a record $38.5 billion, up 24% year over year.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.