vimarsana.com

நிதி குழு பலகை ஆஃப் இயக்குநர்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

FBL Financial Group Reports Fourth Quarter and Full Year 2020 Results

Press release content from Business Wire. The AP news staff was not involved in its creation. FBL Financial Group Reports Fourth Quarter and Full Year 2020 Results February 4, 2021 GMT WEST DES MOINES, Iowa (BUSINESS WIRE) Feb 4, 2021 FBL Financial Group, Inc. (NYSE: FFG) today reported net income attributable to FBL Financial Group for the fourth quarter of 2020 of $27.8 million, or $1.14 per diluted common share, compared to net income of $34.7 million, or $1.40 per diluted common share, for the fourth quarter of 2019. Adjusted operating income (1) totaled $27.3 million, or $1.11 per common share, for the fourth quarter of 2020, compared to $34.8 million, or $1.41 per common share, for the fourth quarter of 2019. Fourth quarter 2020 earnings reflect:

Farm Bureau Property & Casualty and Iowa Farm Bureau Federation to Take FBL Financial Group Private for $56 00 Per Share

$96.9 Realized losses on investments are presented net of income taxes at a rate of 21% for 2021 and the fourth quarter of 2020. Net of adjustments, as applicable, to amortization of unearned revenue reserves, deferred acquisition costs, value of insurance inforce acquired, interest sensitive policy reserves and income taxes attributable to these items. FBL Financial Group consistently utilizes adjusted operating income, a financial measure common in the life insurance industry that is not prepared in accordance with U.S. generally accepted accounting principles (GAAP), as a primary economic measure to evaluate its financial performance. Adjusted operating income consists of net income attributable to FBL Financial Group adjusted to exclude the initial impact of changes in federal statutory income tax rates and tax laws, transaction costs relating to the proposed go-private transaction, realized gains and losses on investments, and the change in net unrealized gains and losses on

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.