Category: Financial

ST. PAUL, Minn., August 9, 2023 – Today, St. Paul-based AgriBank announced financial results for the second quarter of 2023, with strong profitability, credit quality, and liquidity and capital. Highlights: “AgriBank has remained financially resilient through the volatile macroeconomic conditions we continue to experience,” said Jeffrey Swanhorst, AgriBank chief executive officer. “Our cooperative network, which includes AgriBank…

ST. PAUL, Minn., July 1, 2023 – 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, 2023. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the…

ST. PAUL, Minn., May 8, 2023 – Today, St. Paul-based AgriBank announced financial results for the first quarter of 2023, with strong profitability, credit quality, and liquidity and capital. Highlights: Profitability: Net income remained strong at $207.3 million for the three months ended March 31, 2023. AgriBank’s year-to-date return on assets (ROA) ratio of 54 basis points was…

ST. PAUL, Minn., April 1, 2023 – 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, 2023. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and…

ST. PAUL, Minn., March 2, 2023 – Today, St. Paul-based AgriBank announced financial results for the fourth quarter and full year of 2022, with strong profitability, credit quality, and liquidity and capital. Highlights: Profitability: Net income remained strong at $790.7 million for the year ended December 31, 2022. AgriBank’s year-to-date return on assets (ROA) ratio of 53 basis…

ST. PAUL, Minn., Jan. 1, 2023 – 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 Dec. 1, 2022. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and…

ST. PAUL, Minn., November 7, 2022 – Today, St. Paul-based AgriBank announced financial results for the third quarter of 2022, with strong profitability, credit quality, and liquidity and capital. Highlights: Profitability: Net income remained strong at $576.1 million for the nine months ended September 30, 2022. AgriBank’s year-to-date return on assets (ROA) ratio of 53 basis points was…

ST. PAUL, Minn., Oct. 1, 2022 – 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, 2022. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and…

ST. PAUL, Minn., August 8, 2022 – Today, St. Paul-based AgriBank announced financial results for the second quarter of 2022, with strong profitability, credit quality, and liquidity and capital. Highlights: Profitability: Net income remained strong at $365.7 million for the six months ended June 30, 2022. AgriBank’s year-to-date return on assets (ROA) ratio of 51 basis points was…

​ST. PAUL, Minn., July 1, 2022 – 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, 2022.  AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit…