AgriBank Reports Fourth Quarter 2024 and Year-End Financial Results
- AgriBank reported a strong net income of $927.5 million for the year ending December 31, 2024, exceeding its target return on assets of 50 basis points with a 51 basis points ratio.
- AgriBank's total loan portfolio grew to $164.7 billion, marking an increase of $15.9 billion from the previous year, despite a slight decrease in retail loan credit quality.
- Total capital at AgriBank increased to $9.5 billion, up by $879.9 million compared to December 31, 2023, driven by net income and capital stock issuances, exceeding regulatory requirements.
- CEO Jeffrey Swanhorst stated that AgriBank is "well-positioned to continue meeting the Associations' funding needs" for farmers and ranchers.
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AgriBank Reports Fourth Quarter 2024 and Year-End Financial Results - PressReach
Strong financial performance reflects model, Association success ST. PAUL, Minn., March 1, 2025 /PRNewswire/ — Today, St. Paul-based AgriBank announced financial results for the fourth quarter and full year of 2024, with strong profitability, credit quality, and liquidity and capital. Highlights: Profitability: Net income remained strong at $927.5 million for the year ended December 31, 2024. AgriBank’s year-to-date return on assets (ROA) rati…
Ecovyst Posts Fourth Quarter, Full-Year 2024 Results and Outlines 2025 Growth Plans
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