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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., July 2, 2018 – 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, 2018. 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 2018 Financial Results
Strong profitability and stable credit quality. ST. PAUL, Minn., Thursday, May 10, 2018 – Today St. Paul-based AgriBank announced financial results for the first quarter of 2018, with strong profitability, stable credit quality, and robust liquidity and capital. HIGHLIGHTS: Strong profitability: Return on assets ratio of 57 basis points in 2018 remained above AgriBank’s 50 basis…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., April 2, 2018 – 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, 2018. 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 2017 and Year-End Financial Results
Strong profitability and stable credit quality. ST. PAUL, Minn., Friday, March 2, 2018 – Today St. Paul-based AgriBank announced financial results for the fourth quarter and full year of 2017, with strong profitability, stable credit quality, and robust liquidity and capital. HIGHLIGHTS: Strong profitability: Return on assets ratio of 51 basis points in 2017 was in…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., January 2, 2018 – 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 December 1, 2017. 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 2017 Financial Results
Net income remained strong at $399.8 million, and credit quality remained strong at 99.5 percent acceptable. ST. PAUL, Minn., Thursday, November 9, 2017 – Today St. Paul-based AgriBank announced financial results for the third quarter of 2017, with strong net income, strong credit quality, and robust liquidity and capital. HIGHLIGHTS: Strong net income: Net interest income…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., October 2, 2017 – 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 September 1, 2017. 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 2017 Financial Results
ST. PAUL, Minn., Wednesday, August 9, 2017 – Today St. Paul-based AgriBank announced financial results for the second quarter of 2017, with strong net income, sound credit quality, and robust liquidity and capital. HIGHLIGHTS: Strong net income: Net income grew $7.4 million, or 2.8 percent, to $267.6 million for the quarter ended June 30, 2017, compared…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., July 1, 2017 – 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, 2017. 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 2017 Financial Results
ST. PAUL, Minn., Wednesday, May 10, 2017 – Today St. Paul-based AgriBank announced financial results for the first quarter of 2017 with strong net income, sound credit quality and robust liquidity and capital. Highlights: Strong net income: Net income grew $5.1 million, or 4.1 percent, to $129.5 million for the quarter ended March 31, 2017, compared to…