Shares of Federal Agricultural Mortgage Corporation (AGM) are moving down about 12 percent during Friday morning trading following its fourth-quarter financial results announcement, which saw a decline in profit to $47.9 million from last year's $56.5 million.
The company's shares are currently trading at $153.65 on the New York Stock Exchange, down 12.09 percent. The stock opened at $151.73 and has climbed as high as $165.87 so far in today's session. Over the past year, it has traded in a range of $151.73 to $212.24.
Net interest income for the quarter increased to $104.5 million from $93.4 million in the prior year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.