Category: Financial

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…

​ST. PAUL, Minn., July 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 June 1, 2020. AgriBank issued $250 million of preferred stock on October 29, 2013 to provide the Bank and the 15-state Farm Credit…

Continued support of Farm Credit mission through COVID-19 pandemic. ST. PAUL, Minn., May 8, 2020 – Today, St. Paul-based AgriBank announced financial results for the first quarter of 2020, with strong profitability, credit quality, and liquidity and capital. HIGHLIGHTS: Profitability: Net income increased $85.9 million, or 62.6 percent, to $223.1 million for the three months ended…

​ST. PAUL, Minn., April 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 March 1, 2020. AgriBank issued $250 million of preferred stock on October 29, 2013 to provide the Bank and the 15-state Farm Credit…

Stable profitability and strong credit quality. ST. PAUL, Minn., February 28, 2020 – Today, St. Paul-based AgriBank announced financial results for the fourth quarter and full year of 2019, with stable profitability, strong credit quality, and robust liquidity and capital. HIGHLIGHTS: Stable profitability: Net income increased $50.0 million, or 8.6 percent, to $627.6 million for the year…

​ST. PAUL, Minn., January 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 December 1, 2019. AgriBank issued $250 million of preferred stock on October 29, 2013 to provide the Bank and the 15-state Farm Credit District…

Stable profitability and strong credit quality. ST. PAUL, Minn., November 8, 2019 – Today St. Paul-based AgriBank announced financial results for the third quarter of 2019, with stable profitability, strong credit quality, and robust liquidity and capital. HIGHLIGHTS: Stable profitability: Net income increased $18.6 million to $452.9 million for the nine months ended September 30, 2019, compared…

​ST. PAUL, Minn., Oct. 1, 2019 – 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, 2019. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit…