Category: Financial

ST. PAUL, Minn., Oct. 1, 2021 – Today, St. Paul-based AgriBank paid a quarterly cash dividend of $1.7188 per share on its 6.875 percent non-cumulative perpetual class A preferred stock to holders of record as of Sept. 1, 2021.  AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit…

Strong profitability and credit quality ST. PAUL, Minn., August 6, 2021 – Today, St. Paul-based AgriBank announced financial results for the second quarter of 2021, with strong profitability, credit quality, and liquidity and capital. HIGHLIGHTS: Profitability: Net income remained strong at $365.2 million for the six months ended June 30, 2021. AgriBank’s year-to-date return on assets (ROA) ratio of…

ST. PAUL, Minn., July 1, 2021 – Today, St. Paul-based AgriBank paid a quarterly cash dividend of $1.7188 per share on its 6.875 percent non-cumulative perpetual class A preferred stock to holders of record as of June 1, 2021. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit…

Strong profitability and stable credit quality ST. PAUL, Minn., May 7, 2021 – Today, St. Paul-based AgriBank announced financial results for the first quarter of 2021, with strong profitability, credit quality, and liquidity and capital. HIGHLIGHTS: Profitability: Net income remained strong as AgriBank’s year-to-date return on assets (ROA) ratio of 60 basis points was above the target of…

ST. PAUL, Minn., April 1, 2021 – Today, St. Paul-based AgriBank paid a quarterly cash dividend of $1.7188 per share on its 6.875 percent non-cumulative perpetual class A preferred stock to holders of record as of March 1, 2021.  AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm…

Strong profitability and stable credit quality ST. PAUL, Minn., March 1, 2021 – Today, St. Paul-based AgriBank announced financial results for the fourth quarter and full year of 2020, with strong profitability, credit quality, and liquidity and capital. HIGHLIGHTS: Profitability: Net income increased $81.6 million, or 13.0 percent, to $709.2 million for the year ended December 31, 2020, compared…

ST. PAUL, Minn., Jan. 1, 2021 – Today, St. Paul-based AgriBank paid a quarterly cash dividend of $1.7188 per share on its 6.875 percent non-cumulative perpetual class A preferred stock to holders of record as of Dec. 1, 2020.  AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit…

Strong profitability and stable credit quality ST. PAUL, Minn., November 9, 2020 – Today, St. Paul-based AgriBank announced financial results for the third quarter of 2020, with strong profitability, credit quality, and liquidity and capital. HIGHLIGHTS: Profitability: Net income increased $126.8 million, or 28.0 percent, to $579.7 million for the nine months ended September 30, 2020, compared to $452.9…

ST. PAUL, Minn., Oct. 1, 2020 – Today, St. Paul-based AgriBank paid a quarterly cash dividend of $1.7188 per share on its 6.875 percent non-cumulative perpetual class A preferred stock to holders of record as of Sept. 1, 2020. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit…

Strong profitability and stable credit quality ST. PAUL, Minn., August 7, 2020 – Today, St. Paul-based AgriBank announced financial results for the second quarter of 2020, with strong profitability, credit quality, and liquidity and capital. HIGHLIGHTS: Profitability: Net income increased $138.5 million, or 48.2 percent, to $425.6 million for the six months ended June 30, 2020, compared to $287.1…