Federal Agricultural Mortgage Corporation

NYSE:AGM.PRD Stock Report

Market Cap: US$2.1b

Federal Agricultural Mortgage Management

Management criteria checks 3/4

Federal Agricultural Mortgage's CEO is Brad Nordholm, appointed in Oct 2018, has a tenure of 6.17 years. total yearly compensation is $5.63M, comprised of 14.2% salary and 85.8% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $2.30M. The average tenure of the management team and the board of directors is 5.3 years and 6.1 years respectively.

Key information

Brad Nordholm

Chief executive officer

US$5.6m

Total compensation

CEO salary percentage14.2%
CEO tenure6.2yrs
CEO ownership0.1%
Management average tenure5.3yrs
Board average tenure6.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Brad Nordholm's remuneration changed compared to Federal Agricultural Mortgage's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$170m

Jun 30 2024n/an/a

US$179m

Mar 31 2024n/an/a

US$180m

Dec 31 2023US$6mUS$800k

US$173m

Sep 30 2023n/an/a

US$169m

Jun 30 2023n/an/a

US$152m

Mar 31 2023n/an/a

US$147m

Dec 31 2022US$4mUS$800k

US$151m

Sep 30 2022n/an/a

US$141m

Jun 30 2022n/an/a

US$135m

Mar 31 2022n/an/a

US$128m

Dec 31 2021US$3mUS$800k

US$111m

Sep 30 2021n/an/a

US$114m

Jun 30 2021n/an/a

US$104m

Mar 31 2021n/an/a

US$108m

Dec 31 2020US$3mUS$750k

US$95m

Sep 30 2020n/an/a

US$89m

Jun 30 2020n/an/a

US$85m

Mar 31 2020n/an/a

US$81m

Dec 31 2019US$3mUS$750k

US$94m

Sep 30 2019n/an/a

US$84m

Jun 30 2019n/an/a

US$96m

Mar 31 2019n/an/a

US$94m

Dec 31 2018US$561kUS$160k

US$95m

Compensation vs Market: Brad's total compensation ($USD5.63M) is about average for companies of similar size in the US market ($USD5.51M).

Compensation vs Earnings: Brad's compensation has increased by more than 20% in the past year.


CEO

Brad Nordholm (67 yo)

6.2yrs

Tenure

US$5,631,233

Compensation

Mr. Bradford Todd Nordholm, also known as Brad, has been President and Chief Executive Officer of Federal Agricultural Mortgage Corporation since October 15, 2018 and joined company in October 2018. Mr. No...


Leadership Team

NamePositionTenureCompensationOwnership
Bradford Nordholm
President & CEO6.2yrsUS$5.63m0.11%
$ 2.3m
Aparna Ramesh
Executive VP4.9yrsUS$1.45m0.051%
$ 1.1m
Stephen Mullery
Executive VP12.5yrsUS$1.18m0.13%
$ 2.8m
Zachary Carpenter
Executive VP & Chief Business Officer5.6yrsUS$1.50m0.046%
$ 979.3k
Marc Crady
Senior VP & Chief Credit Officer3.8yrsUS$873.82k0.0099%
$ 210.3k
Robert Maines
Senior Vice President of Operations3.8yrsno data0.011%
$ 239.1k
Gregory Ramsey
VP, Principal Accounting Officer & Chief Accounting Officer11.2yrsUS$514.60kno data
Sean Datcher
Senior VP & Chief Information Officer1.7yrsno data0.00069%
$ 14.7k
Jalpa Nazareth
Senior Director of Investor Relations & Finance Strategyno datano datano data
Michelle Nichols
Senior Director of Governanceno datano datano data
Lisa Meyer
Vice President of Marketing & Corporate Communications1.4yrsno datano data
Kerry Willie
Senior VP & Chief Human Resources Officer6.5yrsno data0.013%
$ 286.6k

5.3yrs

Average Tenure

57yo

Average Age

Experienced Management: AGM.PRD's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mitchell Johnson
Independent Director27.5yrsUS$134.14k0.098%
$ 2.1m
Lowell Junkins
Independent Chairman28.5yrsUS$184.14k0.089%
$ 1.9m
Todd Ware
Independent Director5.6yrsUS$134.14k0.029%
$ 609.9k
Sara Faivre-Davis
Independent Director14.3yrsUS$140.14k0.012%
$ 264.4k
Robert Sexton
Independent Director6.6yrsUS$134.14k0.11%
$ 2.3m
James Engebretsen
Independent Director16.5yrsUS$146.14k0.14%
$ 2.9m
Roy Tiarks
Independent Director3.6yrsUS$146.14k0.013%
$ 284.4k
Richard Davidson
Independent Director14.5yrsUS$146.14k0.12%
$ 2.6m
Chester Culver
Independent Director2.6yrsUS$133.55k0.015%
$ 318.5k
LaJuana Wilcher
Independent Vice-Chairman5yrsUS$159.14k0.024%
$ 506.5k
Charles Stones
Independent Director4yrsUS$144.07k0.011%
$ 238.9k
Eric McKissack
Independent Director3.8yrsUS$134.14k0.021%
$ 443.2k

6.1yrs

Average Tenure

69yo

Average Age

Experienced Board: AGM.PRD's board of directors are considered experienced (6.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 16:07
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Federal Agricultural Mortgage Corporation is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Scott ValentinCompass Point Research & Trading, LLC
Bose GeorgeKeefe, Bruyette, & Woods
William RyanSeaport Research Partners