Vietnam Bank for Agriculture and Rural Development

AgriBank Pays Quarterly Preferred Stock Dividend

Retrieved on: 
Thursday, July 1, 2021

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, 2021.

Key Points: 
  • 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, 2021.
  • AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit District it serves with long-term access to high-quality capital, helping ensure the District is well-positioned to meet the long-term growth and credit needs of farmer and rancher customers.
  • Under Farm Credit's cooperative structure, AgriBank is primarily owned by 14 local Farm Credit Associations, which provide financial products and services to rural communities and agriculture.
  • The AgriBank District covers a 15-state area stretching from Wyoming to Ohio and Minnesota to Arkansas.

AgriBank Reports First Quarter 2021 Financial Results

Retrieved on: 
Friday, May 7, 2021

AgriBank intentionally reduced the spread charged, primarily on wholesale loans, in 2021, consistent with its business model.

Key Points: 
  • AgriBank intentionally reduced the spread charged, primarily on wholesale loans, in 2021, consistent with its business model.
  • AgriBank exceeded all regulatory capital minimum requirements, including additional regulatory buffers.\nCash and investments totaled $19.8billion at March 31, 2021 and December 31, 2020.
  • Under Farm Credit's cooperative structure, AgriBank is primarily owned by 14 local Farm Credit Associations, which provide financial products and services to rural communities and agriculture.
  • AgriBank undertakes no duty to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.\n"

AgriBank Pays Quarterly Preferred Stock Dividend

Retrieved on: 
Thursday, April 1, 2021

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, 2021.

Key Points: 
  • 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, 2021.
  • AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit District it serves with long-term access to high-quality capital, helping ensure the District is well-positioned to meet the long-term growth and credit needs of farmer and rancher customers.
  • Under Farm Credit's cooperative structure, AgriBank is primarily owned by 14 local Farm Credit Associations, which provide financial products and services to rural communities and agriculture.
  • The AgriBank District covers a 15-state area stretching from Wyoming to Ohio and Minnesota to Arkansas.

AgriBank Reports Fourth Quarter 2020 and Year-End Financial Results

Retrieved on: 
Monday, March 1, 2021

ST. PAUL, Minn., March 1, 2021 /PRNewswire/ -- Today, St. Paul-based AgriBank announced financial results for the fourth quarter and full year of 2020, with strong profitability, credit quality, and liquidity and capital.

Key Points: 
  • ST. PAUL, Minn., March 1, 2021 /PRNewswire/ -- Today, St. Paul-based AgriBank announced financial results for the fourth quarter and full year of 2020, with strong profitability, credit quality, and liquidity and capital.
  • As the significance of the COVID-19 pandemic became apparent, AgriBank and District Associations implemented their respective Business Continuity Plans (BCPs).
  • AgriBank had not had any significant changes to their internal controls over financial reporting due to working remotely or related issues.
  • To date, the global pandemic has not resulted in a material adverse financial impact to the AgriBank or District Combined Financial Statements.

AgriBank Pays Quarterly Preferred Stock Dividend

Retrieved on: 
Friday, January 1, 2021

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 Dec. 1, 2020.

Key Points: 
  • 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 Dec. 1, 2020.
  • AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit District it serves with long-term access to high-quality capital, helping ensure the District is well-positioned to meet the long-term growth and credit needs of farmer and rancher customers.
  • Under Farm Credit's cooperative structure, AgriBank is primarily owned by 14 local Farm Credit Associations, which provide financial products and services to rural communities and agriculture.
  • The AgriBank District covers a 15-state area stretching from Wyoming to Ohio and Minnesota to Arkansas.

AgriBank Reports Third Quarter 2020 Financial Results

Retrieved on: 
Monday, November 9, 2020

ST. PAUL, Minn., Nov. 9, 2020 /PRNewswire/ --Today, St. Paul-based AgriBank announced financial results for the third quarter of 2020, with strong profitability, credit quality, and liquidity and capital.

Key Points: 
  • ST. PAUL, Minn., Nov. 9, 2020 /PRNewswire/ --Today, St. Paul-based AgriBank announced financial results for the third quarter of 2020, with strong profitability, credit quality, and liquidity and capital.
  • AgriBank has not had any significant changes to our internal controls over financial reporting due to working remotely.
  • To date, the global pandemic has not resulted in a material adverse financial impact to the AgriBank or District Combined Financial Statements.
  • Under Farm Credit's cooperative structure, AgriBank is primarily owned by 14 local Farm Credit Associations, which provide financial products and services to rural communities and agriculture.

AgriBank Pays Quarterly Preferred Stock Dividend

Retrieved on: 
Wednesday, July 1, 2020

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, 2020.

Key Points: 
  • 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, 2020.
  • AgriBank issued $250 million of preferred stock on October 29, 2013 to provide the Bank and the 15-state Farm Credit District it serves with long-term access to high-quality capital, helping ensure the District is well-positioned to meet the long-term growth and credit needs of farmer and rancher customers.
  • Under Farm Credit's cooperative structure, AgriBank is primarily owned by 14 local Farm Credit Associations, which provide financial products and services to rural communities and agriculture.
  • The AgriBank District covers a 15-state area stretching from Wyoming to Ohio and Minnesota to Arkansas.

AgriBank Reports First Quarter 2020 Financial Results

Retrieved on: 
Friday, May 8, 2020

ST. PAUL, Minn., May 8, 2020 /PRNewswire/ --Today, St. Paul-based AgriBank announced financial results for the first quarter of 2020, with strong profitability, credit quality, and liquidity and capital.

Key Points: 
  • ST. PAUL, Minn., May 8, 2020 /PRNewswire/ --Today, St. Paul-based AgriBank announced financial results for the first quarter of 2020, with strong profitability, credit quality, and liquidity and capital.
  • When the enormity of the COVID-19 situation was realized, AgriBank and District Associations implemented their respective Business Continuity Plans.
  • AgriBank and District Associations have not had any significant changes to internal controls over financial reporting due to working remotely or due to limited staff.
  • Non-interest income was $69.1 million for the quarter ended March 31, 2020, an increase of $54.9 million, compared to $14.1 million for the prior year.

AgriBank Pays Quarterly Preferred Stock Dividend

Retrieved on: 
Wednesday, April 1, 2020

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 January 1, 2020.

Key Points: 
  • 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 January 1, 2020.
  • AgriBank issued $250 million of preferred stock on October 29, 2013 to provide the Bank and the 15-state Farm Credit District it serves with long-term access to high-quality capital, helping ensure the District is well-positioned to meet the long-term growth and credit needs of farmer and rancher customers.
  • Under Farm Credit's cooperative structure, AgriBank is primarily owned by 14 local Farm Credit Associations, which provide financial products and services to rural communities and agriculture.
  • The AgriBank District covers a 15-state area stretching from Wyoming to Ohio and Minnesota to Arkansas.

AgriBank Pays Quarterly Preferred Stock Dividend

Retrieved on: 
Tuesday, October 1, 2019

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, 2019.

Key Points: 
  • 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, 2019.
  • AgriBank issued $250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit District it serves with long-term access to high-quality capital, helping ensure the District is well-positioned to meet the long-term growth and credit needs of farmer and rancher customers.
  • Under Farm Credit's cooperative structure, AgriBank is primarily owned by 14 local Farm Credit Associations, which provide financial products and services to rural communities and agriculture.
  • The AgriBank District covers a 15-state area stretching from Wyoming to Ohio and Minnesota to Arkansas.