Federal Agricultural Mortgage (AGM) Other Operating Expenses (2010 - 2024)
Federal Agricultural Mortgage's (AGM) quarterly Other Operating Expenses came in at $16.0 million in Q3 2024, up 7.38% on a YoY basis from $14.9 million in Q4 2023, and up 2.38% quarter-over-quarter from $15.6 million in Q2 2024.
Analysis
Federal Agricultural Mortgage (AGM) Other Operating Expenses (2010 - 2024) Analysis & Trends
Federal Agricultural Mortgage (AGM) has reported Other Operating Expenses for 14 consecutive years, with $16.0 million the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Other Operating Expenses rose 7.38% year-over-year to $16.0 million; the trailing twelve-month figure through Jun 2025 stood at $16.0 million (down 75.67% YoY), and the FY2023 full-year result was $62.4 million, changed N/A from the prior year.
- Other Operating Expenses improved to $16.0 million in Q3 2024 per AGM's latest filing, from $15.6 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $18.9 million in Q1 2024 and bottomed at -$22000.0 in Q4 2020.
- Historically, Other Operating Expenses has averaged $12.7 million across 4 years, with a median of $14.8 million in 2023.
- The sharpest annual moves came in 2020 and 2023: Other Operating Expenses changed 0.0% in 2020, then rose 21.12% in 2023.
- Over 4 years, Other Operating Expenses stood at -$22000.0 in 2020, then jumped by 62277.27% to $13.7 million in 2022, then grew by 19.15% to $16.3 million in 2023, then decreased by 1.91% to $16.0 million in 2024.
- According to Business Quant data, Other Operating Expenses over the past three periods registered $16.0 million, $15.6 million, and $18.9 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 46.15 Bn | 43.05 Bn | - |
| 2 | Federal National Mortgage Association Fannie Mae | 30.33 Bn | 30.33 Bn | - |
| 3 | Figure Technology Solutions | 7.94 Bn | 6.40 Bn | 196.67 Mn |
| 4 | PennyMac Financial Services | 3.45 Bn | 2.70 Bn | 480.08 Mn |
| 5 | Federal Agricultural Mortgage | 2.40 Bn | 1.36 Bn | - |
| 6 | UWM Holdings | 2.01 Bn | 2.36 Bn | - |
| 7 | Walker & Dunlop | 1.26 Bn | 1.11 Bn | - |
| 8 | CNFinance Holdings | 1.25 Bn | 1.25 Bn | - |
| 9 | Velocity Financial | 630.27 Mn | -6.82 Bn | - |
| 10 | Onity | 266.14 Mn | 69.84 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 15.99 Mn |
| Jun 30, 2024 | 15.62 Mn |
| Mar 31, 2024 | 18.91 Mn |
| Dec 31, 2023 | 16.30 Mn |
| Sep 30, 2023 | 14.89 Mn |
| Jun 30, 2023 | 14.84 Mn |
| Mar 31, 2023 | 16.39 Mn |
| Dec 31, 2022 | 13.68 Mn |
| Sep 30, 2022 | 12.29 Mn |
| Jun 30, 2022 | 12.37 Mn |
| Mar 31, 2022 | 14.00 Mn |
| Dec 31, 2020 | -22,000.00 |
| Mar 31, 2020 | 485,000.00 |
| Mar 31, 2019 | 485,000.00 |
| Sep 30, 2018 | -41,000.00 |
| Jun 30, 2018 | 34,000.00 |
| Dec 31, 2017 | 964,000.00 |
| Sep 30, 2017 | 32,000.00 |
| Jun 30, 2017 | 757,000.00 |
| Mar 31, 2017 | -5,000.00 |