Federal Agricultural Mortgage Corp
NYSE:AGM
ROE
Return on Equity
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
ROE Across Competitors
| Country | Company | Market Cap | ROE | ||
|---|---|---|---|---|---|
| US |
|
Federal Agricultural Mortgage Corp
NYSE:AGM
|
2B USD |
12%
|
|
| US |
|
Rocket Companies Inc
NYSE:RKT
|
27.5B USD |
0%
|
|
| US |
|
Federal National Mortgage Association
OTC:FNMA
|
11.1B USD |
0%
|
|
| US |
|
Mr Cooper Group Inc
NASDAQ:COOP
|
9.2B USD |
12%
|
|
| US |
|
UWM Holdings Corp
NYSE:UWMC
|
6.7B USD |
-6%
|
|
| US |
|
MGIC Investment Corp
NYSE:MTG
|
6.4B USD |
15%
|
|
| BM |
|
Essent Group Ltd
NYSE:ESNT
|
6B USD |
13%
|
|
| US |
|
Enact Holdings Inc
NASDAQ:ACT
|
5.4B USD |
14%
|
|
| US |
F
|
Federal Home Loan Mortgage Corp
OTC:FMCC
|
5.1B USD |
0%
|
|
| US |
|
PennyMac Financial Services Inc
NYSE:PFSI
|
5B USD |
9%
|
|
| US |
|
Radian Group Inc
NYSE:RDN
|
4.8B USD |
13%
|
Federal Agricultural Mortgage Corp
Glance View
Federal Agricultural Mortgage Corporation, known as Farmer Mac, was born from Congress's innovative vision in 1988, aimed at bolstering the rural and agricultural economy. As a key player in the U.S. secondary market for agricultural loans, Farmer Mac stands tall with a mission to provide liquidity and increase lending opportunities for underserved agricultural communities. The company doesn’t directly lend to farmers; instead, it purchases loans from lenders such as banks and Farm Credit System institutions. By doing so, it injects the much-needed cash back into the lenders' coffers, encouraging them to extend more credit to the agricultural sector. This model ensures that farmers have access to more diverse and competitive financing options, creating a robust agricultural economy that fuels both community growth and the broader U.S. economy. The core of Farmer Mac’s business hinges on its ability to package these purchased loans into mortgage-backed securities, which are then sold to investors. This not only allows Farmer Mac to mitigate the risk associated with agricultural lending but also generates revenue through fees and interest rate spreads. Essentially, Farmer Mac earns money by bridging the gap between agricultural loan originators and the capital markets, providing a steady flow of credit across the agricultural landscape. Its role is akin to that of a vital artery, ensuring constant and reliable financial circulation within the agriculture sector. Through this sophisticated intermediation, Farmer Mac supports the stability and growth of rural America, underpinning the livelihoods of countless farmers and agribusinesses.
See Also
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
Based on Federal Agricultural Mortgage Corp's most recent financial statements, the company has ROE of 11.8%.
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