AgriBank (St. Paul, MN)

What AgriBank (St. Paul, MN) does

AgriBank is a wholesale agricultural bank and a chartered member of the federally established Farm Credit System, headquartered in Saint Paul, Minnesota. Founded in 1916, AgriBank provides reliable, consistent credit and financial services to support rural communities and agriculture across a 15-state district spanning from Wyoming to Ohio. The bank operates as a customer-owned cooperative, with its borrower-customers electing board members to ensure mission alignment. As a wholesale institution, AgriBank does not lend directly to individual farmers but rather provides financing to affiliated Farm Credit associations, agricultural cooperatives, and rural lenders, which in turn serve end-borrowers.

The bank's revenue model is anchored in net interest income from its wholesale and asset pool portfolio loans. For FY2025, AgriBank reported $1.2 billion in net interest income (up 13.5% year-over-year) and $1.0 billion in net income. Total loans stood at $177.9 billion as of December 31, 2025, an $13.2 billion (8.0%) year-over-year increase. Q1 2026 results showed continued momentum, with net interest income of $320.2 million (up 18.8% YoY) and net income of $294.0 million (up 21.2% YoY). The bank maintains a $10.6 billion capital position, 149 days of liquidity coverage (well above the 90-day regulatory minimum), and 99.2% of loans classified as acceptable credit quality. Return on assets reached 58 basis points in Q1 2026, exceeding the 50 bp target.

AgriBank's go-to-market is relationship-based and mission-driven rather than technology-led. Distribution occurs exclusively through the Farm Credit System network to enterprise counterparties (cooperatives and rural lenders). Marketing channels include community engagement programs such as the Rural Community Grant Fund, annual board elections, and financial communications/annual reports. No proprietary technology platforms, mobile applications, APIs, or AI/ML capabilities are disclosed in available source material. The bank is governed by a customer-elected board, with CEO Jeffrey Swanhorst having announced a planned mid-2027 retirement after 44 years in the Farm Credit System, initiating a formal executive succession process.

Name

AgriBank (St. Paul, MN)

Legal name

AgriBank

Website

https://agribank.com

Company type

Private

Founded year

1916

Operating status

Operating

Headcount range

51–100 employees

Short description

AgriBank is a customer-owned wholesale bank within the federally chartered Farm Credit System, providing credit and financial services to agricultural cooperatives and rural lenders across a 15-state district from Wyoming to Ohio. Founded in 1916 and headquartered in Saint Paul, Minnesota, it manages a $177.9 billion loan portfolio serving U.S. agriculture.

Ownership category

akta.pro rank

Product category

Agricultural Wholesale Banking

NAICS

Oilseed and Grain Farming (1111), Corn Farming (11115)

SIC

Wholesale-Farm Product Raw Materials (5150), Federal & Federally-Sponsored Credit Agencies (6111)

akta.pro industry

PRIMARYFSABAKAE

Agricultural & Rural Development Banks

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Development & Public Sector Banking (DFIs, Postal/Savings Banks)

SECONDARYFSAAAKAI

Natural Resources — Farmland & Agriculture

Financial & Insurance/Asset & Wealth Management/Asset Management — Real Assets (Real Estate, Infrastructure, Natural Resources)

SECONDARYAFACAJAH

Supply Chain, Marketing & Contracting Advisory (Grain/Livestock Marketing)

Agriculture & Food Production/Agricultural Services (Custom Farming, Agronomy, Veterinary)/Farm Management & Operational Advisory Services

SECONDARYAFACAJAM

Irrigation, Water & Energy Efficiency Operations Advisory

Agriculture & Food Production/Agricultural Services (Custom Farming, Agronomy, Veterinary)/Farm Management & Operational Advisory Services

Keywords

• Agricultural lending
• Wholesale banking services
• Farm credit financing
• Rural community lending
• Cooperative banking

Headquarters

HQ city

Saint Paul

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Net Interest Income: AgriBank generates revenue primarily through net interest income from its loan portfolio. As a wholesale bank, it earns interest on wholesale and asset pool portfolio loans extended to agricultural lenders and cooperatives across its 15-state district. The bank reported $320.2 million in net interest income for Q1 2026, up 18.8% year-over-year, demonstrating strong growth in the lending business.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

AgriBank is a wholesale Farm Credit Bank that provides financing and financial services to agricultural cooperatives, rural lenders, and Farm Credit System associations across a 15-state district from Wyoming to Ohio. Its primary offerings consist of wholesale loans and asset pool portfolio loans extended to member associations, supplemented by minerals rights leasing and a Rural Community Grant Fund program.

Product overview

AgriBank is a financial services institution that is part of the nationwide Farm Credit System. As a customer-owned lending institution, AgriBank provides reliable, consistent credit and financial services to rural communities and agriculture. The company operates across a 15-state region (from Wyoming to Ohio) and has been serving these communities for over 100 years. The provided source data does not enumerate specific named products, modules, or distinct service offerings—all content relates to financial performance reporting rather than product portfolio details.

Differentiator

Problem solved

Functional benefit

Products and services

• Wholesale Loans Wholesale credit facilities extended to Farm Credit System associations and rural lenders within AgriBank's 15-state district to fund their lending portfolios to farmers, ranchers, and agribusinesses.
• Asset Pool Portfolio Loans Pooled loan participations purchased from Farm Credit associations, managed as part of AgriBank's loan portfolio to support funding flexibility and risk diversification.
• Minerals Rights Leasing Leasing of mineral rights on AgriBank-managed properties to energy and resource operators, with lessees submitting offers via the AgriBank lease offer form.
• Rural Community Grant Fund Grant funding program awarding grants to worthy programs that improve lives in rural communities across the AgriBank District.

Quantifiable outcome

• Return on assets ratio of 58 basis points exceeded the 50 basis point target
• +2 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Farm Credit SystemcoreStrategic or Co-development PartnerAgriBank is an integral part of the nationwide Farm Credit System, a national network of customer-owned lending institutions. The System provides financing to rural communities and agriculture across the United States. AgriBank serves as the wholesale bank for a 15-state district within this network, supporting agricultural cooperatives and rural lenders with reliable, consistent credit and financial services.

Scale indicators15 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• CoBank: CoBank is the other major wholesale Farm Credit Bank serving a different geographic district (primarily western and central US). It operates the same wholesale lending model within the Farm Credit System, providing funding to agricultural cooperatives and rural infrastructure providers, making it the most directly comparable peer to AgriBank.
• Farm Credit Bank of Texas: Farm Credit Bank of Texas is one of the four Farm Credit Banks and serves as a wholesale lender to Farm Credit associations in Texas, Alabama, Louisiana, Mississippi, and New Mexico. It mirrors AgriBank's wholesale banking model within the Farm Credit System, differing primarily by geography.
• AgFirst Farm Credit Bank: AgFirst is one of the four Farm Credit Banks, providing wholesale funding to retail Farm Credit associations across the southeastern and eastern United States. It is structurally and operationally comparable to AgriBank as a peer Farm Credit Bank.

Emerging players

• Compeer Financial: Compeer Financial is a large Farm Credit System cooperative serving agriculture and rural communities across Illinois, Minnesota, and Wisconsin. While it operates as a retail association rather than a wholesale bank, it is a direct borrower/affiliate of AgriBank and a key customer relationship.
• Farm Credit Mid-America: Farm Credit Mid-America is a retail Farm Credit association serving farmers and rural communities across Indiana, Ohio, Kentucky, Tennessee, and Arkansas. As a customer-borrower of AgriBank's wholesale lending, it represents a key counterparty relationship and serves an overlapping end market.
• Farm Credit Services of America (FCSAmerica): FCSAmerica is a retail Farm Credit association serving Iowa, Nebraska, South Dakota, and Wyoming - states within AgriBank's district. It borrows from AgriBank under the wholesale funding model and is a primary customer relationship.
• Greenstone Farm Credit Services: Greenstone Farm Credit Services is a Michigan and Wisconsin-based Farm Credit association providing agricultural loans and financial services. It operates within the AgriBank district as a customer-borrower, sharing similar end-market focus and mission alignment.

Broad incumbents

• Rabobank North America: Rabobank's North American operations provide specialized agricultural and food sector lending, food and agribusiness banking, and rural finance. It is comparable as a competitor in the agricultural lending market, though it operates outside the Farm Credit System.
• Wells Fargo Agricultural Banking: Wells Fargo's Agricultural Banking division serves farmers, ranchers, agribusinesses, and food companies across the US. As a major commercial bank with a dedicated ag lending practice, it competes with the Farm Credit System for agricultural credit market share.

Regional players

• Capital Farm Credit: Capital Farm Credit is the largest rural lending cooperative in Texas, providing financing for farms, ranches, and rural property. While primarily operating in Texas outside AgriBank's district, it serves a comparable agricultural customer base under the same Farm Credit System umbrella.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/31468
• Xx.com/agribank_fcb
• Facebookfacebook.com/agribank-proud-member-of-the-farm-credit-system-63806221089

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AgriBank (St. Paul, MN)