CoBank, ACB (CKNQP)

USD 99.7

(0.0%)

Market Cap (In USD)

3.23 Billion

Revenue (In USD)

2.23 Billion

Net Income (In USD)

1.41 Billion

Avg. Volume

766.00

Currency
USD
Country
Financial Services
Open
-
Prev. Close
-
Day Range
-
Year Range
96.8-101.26
PE
-
EPS
-
Beta Value
0.091420986
ISIN
US19075Q8621
CUSIP
19075Q862
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Financial Services
Industry
Banks - Regional
CEO
Mr. Thomas E. Halverson
Employee Count
-
Website
https://www.cobank.com
Ipo Date
2016-08-25
Details
CoBank, ACB, a cooperative bank, provides financial products and services in the United States. It operates through three segments: Agribusiness, Farm Credit Banking, and Rural Infrastructure. The company offers various loan products, such as intermediate- and long-term loans, revolving term loans, interim and bridge loans, construction loans, short-term lines of credit, and acquisitions financing. It also provides lease financing and related services for a range of ag production and forestry equipment; grain, feed, fertilizer, and seed; storage and handling; building and bins; material handling and construction; packaging and processing; transportation; and utility, communication, and energy. In addition, the company offers trade finance products, including commercial and standby letters of credit, documentary collections, and pre-export financing. Further, it provides interest rate caps and swaps; capital market services comprising debt capital raising, secondary market trading, deal structuring and pricing advice, and post-closing administrative agency services; and cash management services, including payables, receivables, information reporting, liquidity, and fraud management, as well as online banking, mobile banking, and commercial credit card solutions. Additionally, the company owns and leases mineral interests located in Arizona, California, Colorado, Kansas, Nevada, New Mexico, Oklahoma, and Utah. It serves agricultural cooperatives; other food and agribusiness companies; rural power, communications, and water cooperatives and companies; rural community facilities; agricultural credit associations; farmer-owned financial institutions; and other businesses that serve agriculture and rural communities. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.