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AgriBank to Redeem 9.125% Subordinated Notes on July 15, 2016
ST. PAUL, Minn., April 26, 2016 – St. Paul-based AgriBank today announced that, on July 15, 2016, it will redeem all of the outstanding principal amount of its $500 million 9.125 percent subordinated notes due July 2019. On March 10, 2016, the Farm Credit Administration (FCA) Board of Directors publically announced the adoption of a final…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., April 1, 2016 – St. Paul-based AgriBank today 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, 2016. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm…
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AgriBank Reports Fourth-Quarter 2015 and Year-End Financial Results
ST. PAUL, Minn., Monday, March 7, 2016 – Today St. Paul-based AgriBank announced financial results for the fourth-quarter and full-year 2015 with strong net income and credit quality, and robust liquidity and capital. Highlights: Stable net interest income: Although net interest income from the core lending business remained relatively stable, net income decreased $89.6 million, or 15.7…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., Jan. 1, 2016 – St. Paul-based AgriBank today 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, 2015. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm…
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AgriBank Reports Third-Quarter 2015 Financial Results
Net income was $362.8 million and acceptable credit quality stood at 99.7 percent ST. PAUL, Minn., November 9, 2015 – Today St. Paul-based AgriBank announced financial results for the third quarter of 2015 with continued strong net income and credit quality, and robust liquidity and capital.Highlights: Stable net interest income: While net interest income from the core…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., Oct. 1, 2015 – 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, 2015. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state…
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AgriBank Reports Second Quarter 2015 Financial Results
Net income remained strong at $241.7 million, and acceptable credit quality stood at 99.7 percent ST. PAUL, Minn., Friday, August 7, 2015 – Today St. Paul-based AgriBank announced financial results for the second quarter of 2015 with continued strong net income and credit quality, and robust liquidity and capital. Highlights: Strong net income: Net income remained strong,…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., July 1, 2015 – 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, 2015. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm…
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AgriBank Reports First-Quarter 2015 Financial Results
Net income remained strong at $123.9 million, and acceptable credit quality stood at 99.7 percent ST. PAUL, Minn., Friday, May 8, 2015 – Today St. Paul-based AgriBank announced financial results for the first quarter of 2015 with continued strong net income, strong credit quality, and robust liquidity and capital. HIGHLIGHTS: Net income remained strong: Net income decreased…
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AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., April 1, 2015 – 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, 2015. AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm…