Federal Agricultural Mortgage (AGM) Non Operating Interest Expenses (2010 - 2024)

Federal Agricultural Mortgage (AGM) has reported Non Operating Interest Expenses for 15 consecutive years, with $309.9 million the latest figure, recorded in Q1 2024.

• For the quarter ending Q1 2024, Non Operating Interest Expenses rose 31.22% year-over-year to $309.9 million; the trailing twelve-month figure through Mar 2024 stood at $1.1 billion (up 80.2% YoY), and the FY2023 full-year result was $1.1 billion, up 138.78% from the prior year.
• Non Operating Interest Expenses climbed to $309.9 million in Q1 2024 per AGM's latest filing, from $269.2 million in the prior quarter.
• Across five years, Non Operating Interest Expenses topped out at $309.9 million in Q1 2024 and bottomed at $48.4 million in Q4 2021.
• Historically, Non Operating Interest Expenses has averaged $137.5 million across 5 years, with a median of $79.3 million in 2020.
• The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses tumbled 50.09% in 2021, then jumped 369.19% in 2023.
• Over 5 years, Non Operating Interest Expenses stood at $61.2 million in 2020, then slipped by 20.83% to $48.4 million in 2021, then soared by 300.89% to $194.1 million in 2022, then soared by 38.7% to $269.2 million in 2023, then grew by 15.14% to $309.9 million in 2024.
• According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $309.9 million, $269.2 million, and $294.2 million for Q1 2024, Q4 2023, and Q3 2023 respectively.