June 22, 2018 12:05 PM ET

Diversified Financial Services

Company Overview of Farm Credit Services of America, Inc.

Company Overview

Farm Credit Services of America, Inc. provides agricultural credit, risk management, and financial services to farmers and ranchers in Iowa, Nebraska, South Dakota, and Wyoming. The company offers real estate, operating, and installment loans, as well as facility financing and leasing services; and equipment financing. It also provides crop insurance; country home loans, as well as finance for homes located in rural subdivisions and rural communities; financial benefits for less-established producers; credit for various types of agricultural-related enterprises; support for debt capital needs of food, fiber, and utility sectors through syndicated or participated arrangements involving multip...

5015 South 118th Street

Omaha, NE 68137

United States

Founded in 1917

Phone:

402-348-3333

Fax:

402-348-3324

Key Executives for Farm Credit Services of America, Inc.

CEO & President
Chief Financial Officer and Senior Vice President
Chief Administrative Officer and Senior Vice President
Senior Vice President and General Counsel
Chief Strategy Officer and Senior Vice President
Compensation as of Fiscal Year 2017.

Farm Credit Services of America, Inc. Key Developments

Farm Credit Services of America and Frontier Farm Credit Appoint Mark Jensen as President and Chief Executive Officer, Effective November 1, 2017

Farm Credit Services of America (FCSAmerica) and Frontier Farm Credit named Mark Jensen as incoming president and chief executive officer. Jensen, the Associations' chief risk officer, will assume his new role on November 1, 2017. He succeeds Doug Stark, who is retiring. Jensen joined FCSAmerica in 1992 and has held senior vice president positions with the Association for the past 16 years.

Farm Credit Services of America Reports Earnings Results for the Nine Months of 2016

Farm Credit Services of America reported earnings results for the nine months of 2016. The company reported net income of $343.9 million in the first nine months of 2016. This compares to net income of $369.3 million for the same period in 2015. An increase in provision for loan losses, primarily in the grain and beef feedlot industries.

Farm Credit Services of America, Inc. Reports Earnings Results for the Six Months of 2016

Farm Credit Services of America, Inc. reported earnings results for the six months of 2016. The company reported net income of $215.8 million in the first six months of 2016. This compares to net income of $236.7 million for the first half of 2015. An increase in the provision for credit losses, primarily in the grain and beef feedlot industry, contributed to the decline in net income, as did a reduction in noninterest income and an increase in noninterest expenses related to staffing and business initiatives. Declines in net income were partially offset by an increase in net interest income. Loan volume increased $696.7 million to $24.3 billion from $23.9 billion at the end of 2015.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
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