WASHINGTON (AP) _ Federal Agricultural Mortgage Corp. (AGM) on Thursday reported third-quarter earnings of $21.8 million.
On a per-share basis, the Washington-based company said it had net income of $1.71. Earnings, adjusted for non-recurring gains, were $1.57 per share.
The rural real estate lender posted revenue of $108.8 million in the period. Its adjusted revenue was $43.9 million.
Farmer Mac shares have risen 19 percent since the beginning of the year. The stock has increased 65 percent in the last 12 months.