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Cobank ACB Fixed Floating Series H Stock Non Cumulative Perpetual Pref Shs
Previous close
$100.10
Year range
$95.02 - $101.13
Avg Volume
171.00
P/E ratio
-
Dividend yield
-
Market news
.INX
0.40%
Financials
Income Statement
Revenue
Net income
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 612.00M | 20.24% |
Operating expense | 150.00M | 0.67% |
Net income | 418.00M | 25.90% |
Net profit margin | 68.30 | 4.71% |
Earnings per share | — | — |
EBITDA | — | — |
Effective tax rate | 9.13% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 2.90B | -70.83% |
Total assets | 193.47B | 3.52% |
Total liabilities | 181.56B | 2.87% |
Total equity | 11.91B | — |
Shares outstanding | 40.96M | — |
Price to book | 0.41 | — |
Return on assets | 0.87% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 418.00M | 25.90% |
Cash from operations | 549.00M | 5.98% |
Cash from investing | -2.45B | -155.88% |
Cash from financing | 2.01B | 140.85% |
Net change in cash | 102.00M | 3,500.00% |
Free cash flow | — | — |
About
CoBank, part of the US Farm Credit System, provides loans and financial services to cooperatives, agribusinesses, rural public utilities and other farm credit associations, who collectively own CoBank. It is also an agricultural export credit agency, exclusive among banks of the Farm Credit System. This makes it an agricultural credit bank, a combination of a farm credit bank and a bank for cooperatives. It is based in Greenwood Village, Colorado, outside Denver.
In 1989, the National Bank for Cooperatives was created under the voluntary options of the Agricultural Credit Act of 1987 by a merger of eleven of thirteen bank for cooperatives created with the Farm Credit Act of 1933. The remaining two banks joined in 1995 when it changed its name to CoBank and merged with the Springfield Bank for Cooperatives and the Farm Credit Bank of Springfield, and in 1999 with the merger of St. Paul Bank for Cooperatives. In 2012, CoBank merged with US AgBank, FCB. In 2014, they announced the construction of a new headquarters next to Fiddler's Green Amphitheatre, which opened in December 2015. Wikipedia
Founded
Jan 1, 1989
Website
Employees
1,215