Category: Financial

ST. PAUL, Minn., Monday, March 7, 2016 – Today St. Paul-based AgriBank announced financial results for the fourth-quarter and full-year 2015 with strong net income and credit quality, and robust liquidity and capital. Highlights:   Stable net interest income: Although net interest income from the core lending business remained relatively stable, net income decreased $89.6 million, or 15.7 […]

​ST. PAUL, Minn., Jan. 1, 2016 – St. Paul-based AgriBank today 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, 2015. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm […]

Net income was $362.8 million and acceptable credit quality stood at 99.7 percent ST. PAUL, Minn., November 9, 2015 – Today St. Paul-based AgriBank announced financial results for the third quarter of 2015 with continued strong net income and credit quality, and robust liquidity and capital.​Highlights: Stable net interest income: While net interest income from the core […]

​ST. PAUL, Minn., Oct. 1, 2015 – 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, 2015.​​​​ AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state […]

Net income remained strong at $241.​7 million, and acceptable credit quality stood at 99.7 percent ST. PAUL, Minn., Friday, August 7, 2015 – Today St. Paul-based AgriBank announced financial results for the second quarter of 2015 with continued strong net income and credit quality, and robust liquidity and capital. Highlights:   Strong net income: Net income remained strong, […]

ST. PAUL, Minn., July 1, 2015 – 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, 2015. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm […]

​Net income remained strong at $123.9 million, and acceptable credit quality stood at 99.7 percent ST. PAUL, Minn., Friday, May 8, 2015 – Today St. Paul-based AgriBank announced financial results for the first quarter of 2015 with continued strong net income, strong credit quality, and robust liquidity and capital. HIGHLIGHTS: Net income remained strong: Net income decreased […]

​ST. PAUL, Minn., April 1, 2015 – 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, 2015. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm […]

Continued strong net income for AgriBank at $569.6 million for the year ended December 31, 2014 ST. PAUL, Minn., Wednesday, March 11, 2015 – Today St. Paul-based AgriBank announced strong financial results for the fourth quarter and full year 2014 with continued growth in net income, strength in credit quality, and robust liquidity and capital. HIGHLIGHTS: […]

St. Paul, Minn., Tuesday, October 29, 2013 – St. Paul-based AgriBank today announced it has issued $250 million in preferred stock. The Series A noncumulative perpetual preferred stock has a dividend rate fixed for 10 years at 6.875 percent and then resets to three-month LIBOR plus 4.225 percent and is callable after 10 years. This stock […]