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AgriBank Reports First Quarter 2022 Financial Results
ST. PAUL, Minn., May 6, 2022 – Today, St. Paul-based AgriBank announced financial results for the first quarter of 2022, with strong profitability, credit quality, and liquidity and capital. HIGHLIGHTS: Profitability: Net income remained strong at $181.3 million for the three months ended March 31, 2022. AgriBank’s year-to-date return on assets (ROA) ratio of 52 basis points was above…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., April 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 March 1, 2022. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit…
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AgriBank Reports Fourth Quarter 2021 and Year-End Financial Results
Strong profitability and credit quality ST. PAUL, Minn., March 2, 2022 – Today, St. Paul-based AgriBank announced financial results for the fourth quarter and full year of 2021, with strong profitability, credit quality, and liquidity and capital. HIGHLIGHTS: Profitability: Net income remained strong at $765.2 million for the year ended December 31, 2021. AgriBank’s year-to-date return on assets (ROA)…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., Jan. 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 Dec. 1, 2021. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit…
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AgriBank Reports Third Quarter 2021 Financial Results
Strong profitability and credit quality ST. PAUL, Minn., November 5, 2021 – Today, St. Paul-based AgriBank announced financial results for the third quarter of 2021, with strong profitability, credit quality, and liquidity and capital. HIGHLIGHTS: Profitability: Net income remained strong at $558.7 million for the nine months ended September 30, 2021. AgriBank’s year-to-date return on assets (ROA) ratio of…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., Oct. 1, 2021 – 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, 2021. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit…
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AgriBank Reports Second Quarter 2021 Financial Results
Strong profitability and credit quality ST. PAUL, Minn., August 6, 2021 – Today, St. Paul-based AgriBank announced financial results for the second quarter of 2021, with strong profitability, credit quality, and liquidity and capital. HIGHLIGHTS: Profitability: Net income remained strong at $365.2 million for the six months ended June 30, 2021. AgriBank’s year-to-date return on assets (ROA) ratio of…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., July 1, 2021 – 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, 2021. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit…
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AgriBank Reports First Quarter 2021 Financial Results
Strong profitability and stable credit quality ST. PAUL, Minn., May 7, 2021 – Today, St. Paul-based AgriBank announced financial results for the first quarter of 2021, with strong profitability, credit quality, and liquidity and capital. HIGHLIGHTS: Profitability: Net income remained strong as AgriBank’s year-to-date return on assets (ROA) ratio of 60 basis points was above the target of…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., April 1, 2021 – 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, 2021. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm…