CoBank reports full year financial results for 2015

Bank posts growth in profitability for 16th consecutive year.

CoBank, a cooperative bank serving agribusinesses, rural infrastructure providers and Farm Credit Administration (FCA) association institutions throughout the U.S., recently announced financial results for the full year and fourth quarter of 2015.
CoBank reported net income of $936.7 million for the year, a 4% increase from $904.3 million in 2014. The bank said the increase was driven primarily by higher net interest income and lower net losses on debt extinguish

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