Federal Agricultural Mortgage Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was USD 58.14 million compared to USD 41.42 million a year ago. Basic earnings per share from continuing operations was USD 4.74 compared to USD 3.21 a year ago. Diluted earnings per share from continuing operations was USD 4.69 compared to USD 3.18 a year ago.
For the nine months, net income was USD 152.38 million compared to USD 134.73 million a year ago. Basic earnings per share from continuing operations was USD 12.2 compared to USD 10.61 a year ago. Diluted earnings per share from continuing operations was USD 12.08 compared to USD 10.51 a year ago.