August 7, 2020
Financial Results
Farm Credit East Reports Strong Financial Results
August 7, 2020
Farm Credit East posted strong financial results for the six month period ended June 30, 2020. Net income was $102.4 million for the six months ended June 30, 2020, an increase of $6.2 million (6.5%) as compared with the same period in 2019. Our strong earnings primarily reflect higher net interest income and non-interest income offset by higher operating expenses.