Agriculture banks are reporting higher profitability

Banks focusing on agriculture loans are reporting higher profits recently.

Researchers at the University of Illinois crunched the numbers and found that ag banks on average have a return on assets at 1.07 percent, which is compared to non-ag banks at 1.03 percent.

They also found ag banks are more efficient, too, with the efficiency ratio up several points during the fourth quarter.

LATEST STORIES BY THIS AUTHOR:

The North Carolina Farm Bureau highlights the work being done on Sound Mind Farms, a farm producing hemp to make sustainable fabrics.
U.S. producers are holding off on equipment investments amid financial pressure, market uncertainty, a rising demand for diesel, and growing desperation for trade wins.
“A lot of natural instincts involved in this format.”
How many burgers could you buy instead of a house?
After losing her sight, Missouri FarmHER Alda Owen built a life on her terms — then Sweet Baby Joe came along to take it even further.
Farm CPA Paul Neiffer joined us on Thursday’s Market Day Report for a closer look at how Trump’s Big, Beautiful Bill changes to base acres and potential impacts on future ARC and PLC payments.