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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., April 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 March 1, 2019. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit…
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AgriBank Reports Fourth Quarter 2018 and Year-End Financial Results
Stable profitability and strong credit quality. ST. PAUL, Minn., Friday, March 1, 2019 – Today St. Paul-based AgriBank announced financial results for the fourth quarter and full year of 2018, with stable profitability, strong credit quality, and robust liquidity and capital. HIGHLIGHTS: Stable profitability: Net income increased $52.3 million, or 10.0 percent, to $577.6 million for…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., January 2, 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 December 1, 2018. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit…
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AgriBank Reports Third Quarter 2018 Financial Results
Stable profitability and strong credit quality. ST. PAUL, Minn., Friday, November 9, 2018 – Today St. Paul-based AgriBank announced financial results for the third quarter of 2018, with stable profitability, strong credit quality, and robust liquidity and capital. HIGHLIGHTS: Stable profitability: Net income increased $34.5 million, or 8.6 percent, to $434.3 million for the nine months…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., Oct. 1, 2018 – 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, 2018. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit District it…
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AgriBank Reports Second Quarter 2018 Financial Results
ST. PAUL, Minn., Thursday, August 9, 2018 – Today St. Paul-based AgriBank announced financial results for the second quarter of 2018, with stable profitability, strong credit quality, and robust liquidity and capital. HIGHLIGHTS: Stable profitability: Net income increased $23.4 million, or 8.8 percent, to $291.0 million for the six months ended June 30, 2018, compared to…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., July 2, 2018 – 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, 2018. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit…
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AgriBank Reports First Quarter 2018 Financial Results
Strong profitability and stable credit quality. ST. PAUL, Minn., Thursday, May 10, 2018 – Today St. Paul-based AgriBank announced financial results for the first quarter of 2018, with strong profitability, stable credit quality, and robust liquidity and capital. HIGHLIGHTS: Strong profitability: Return on assets ratio of 57 basis points in 2018 remained above AgriBank’s 50 basis…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., April 2, 2018 – 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, 2018. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit…
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AgriBank Reports Fourth Quarter 2017 and Year-End Financial Results
Strong profitability and stable credit quality. ST. PAUL, Minn., Friday, March 2, 2018 – Today St. Paul-based AgriBank announced financial results for the fourth quarter and full year of 2017, with strong profitability, stable credit quality, and robust liquidity and capital. HIGHLIGHTS: Strong profitability: Return on assets ratio of 51 basis points in 2017 was in…