The Federal Agricultural Mortgage Corporation, commonly known as Farmer Mac, is the stockholder-owned company created to deliver capital and increase lender competition for the benefit of American agriculture and rural communities. For more than a quarter-century, Farmer Mac has been a vital partner helping America’s rural lenders meet the evolving needs of their customers, bringing the financial strength of the nation’s premier secondary market for agriculture right to their customers’ farms.

Lenders of all sizes use Farmer Mac’s broad portfolio of loan products to offer more financial choices to their rural customers, helping them keep pace with today’s capital-intensive agricultural industry.

Type
Public
HQ
Washington, US
Founded
1987
Size (employees)
81 (est)
Farmer Mac was founded in 1987 and is headquartered in Washington, US
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Key People/Management at Farmer Mac

Lowell Junkins

Lowell Junkins

Acting President and Chief Executive Officer
R. Lynch

R. Lynch

Executive Vice President - Chief Financial Officer and Treasurer
J. Covington

J. Covington

Executive Vice President - Agricultural Finance
Stephen Mullery

Stephen Mullery

Executive Vice President - General Counsel and Corporate Secretary

Farmer Mac Office Locations

Farmer Mac has offices in Washington and Johnston
Washington, US (HQ)
1999 K St NW
Johnston, US
120 5408 NW 88th St
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Farmer Mac Financials and Metrics

Farmer Mac Financials

Farmer Mac's revenue was reported to be $332.37 m in FY, 2016
USD

Revenue (FY, 2016)

332.4 m

Gross profit (FY, 2016)

160.7 m

Gross profit margin (FY, 2016), %

48.4%

Net income (FY, 2016)

77.3 m

EBIT (FY, 2016)

140.3 m

Market capitalization (25-May-2018)

982.4 m

Closing share price (25-May-2018)

92.2
Farmer Mac's current market capitalization is $982.4 m.
USDFY, 2016

Revenue

332.4 m

Cost of goods sold

171.6 m

Gross profit

160.7 m

Gross profit Margin, %

48%
USDY, 2016

Revenue/Employee

4.7 m
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