Federal Agricultural Mortgage Corporation (NYSE:AGM) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET
Company Participants
Jalpa Nazareth - Senior Director, IR and Finance Strategy
Bradford Nordholm - President and CEO
Aparna Ramesh - EVP, CFO and Treasurer
Zachary Carpenter - EVP, Chief Business Officer
Marc Crady - SVP, Chief Credit Officer
Conference Call Participants
Bose George - KBW
William Ryan - Seaport Research Partners
Brendan McCarthy - Sidoti
Operator
Good afternoon ladies and gentlemen, and welcome to the Farmer Mac Second Quarter 2024 Earnings Conference Call. At this time, all lines are in listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions] This call is being recorded on Monday, August 5th, 2024.
I would now like to turn the conference over to Jalpa Nazareth. Please go ahead.
Jalpa Nazareth
Good afternoon, and thank you for joining us for our Second Quarter 2024 Earnings Conference Call. I'm Jalpa Nazareth, Senior Director of Investor Relations and Finance Strategy here at Farmer Mac. As we begin, please note that the information provided during this call may contain forward-looking statements about the company's business, strategies, and prospects which are based on management's current expectations and assumptions. These statements are not a guarantee of future performance and are subject to the risk and uncertainties that could cause our actual results to differ materially from those projected. Please refer to Farmer Mac’s 2023 Annual Report and subsequent SEC filings for a full discussion of the company's risk factors.
On today's call, we will also be discussing certain non-GAAP financial measures. Disclosures and reconciliations of these non-GAAP measures can be found in the most recent Form 10-Q and earnings release posted on Farmer Mac website, farmermac.com, under the financial information portion of the Investors section.
Joining us for management this afternoon is our President and Chief Executive Officer, Brad Nordholm, who will discuss second quarter business and financial highlights and strategic objectives, and Chief Financial Officer, Aparna Ramesh, who will provide greater detail on our financial performance. Select members of our management team will also be joining us for the question-and-answer period. At this time, I'll turn the call over to President and CEO Brad Nordholm. Brad?
Bradford Nordholm
Thank you, Jalpa. Good afternoon, everyone, and thank you very much for joining us. Our focus on stability, profitability, and growth has once again produced consistent results. Our underlying business model, strong capital position, and uninterrupted access to the debt capital markets throughout the full range of market cycles, uniquely position us to partner with our customers to help them grow and manage any capital and liquidity risks they might face. The foundation of our strategy is our consistent financial and operational execution, coupled with proactive management of our balance sheet and funding sources. This has positioned as well in all environments and is expected to continue to create more opportunities for enhanced shareholder value through our mission fulfillment.