Newsroom & Financials

CoBank Reports First Quarter Financial Results

Posted 5/5/2014

CoBank, a cooperative bank serving agribusinesses, rural infrastructure providers and Farm Credit associations throughout the United States, today announced financial results for the first quarter of 2014.

Net income for the first quarter rose 11 percent to $231.3 million, from $208.8 million in the first quarter of 2013. Profitability increased due to higher net interest income, the lack of a provision for loan losses and higher noninterest income. Read more...

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