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FBL Financial swings into the black following year-ago net loss


FBL Financial swings into the black following year-ago net loss
Monday, May 3, 2021 3:27 PM
FBL Financial Group Inc. on Monday reported first-quarter net income of $27.7 million, or $1.13 per diluted common share, compared with a net loss of $2.5 million, or 10 cents per diluted common share, for the first quarter of 2020. Adjusted operating income totaled $23.5 million, or 96 cents per share, compared with $19.6 million, or 79 cents per share, a year ago. First quarter 2021 earnings reflect higher equity income; favorable market performance resulting in lower amortization of acquisition costs on the closed block of variable business; the benefit of other investment-related income; death benefits in line with expectations; and a lower effective tax rate, the company said in an earnings release. FBL’s CEO, Dan Pitcher, said that the company “delivered solid earnings” for the quarter and that adjusted operating income “exceeded our exp ....

Fbl Financial Group Inc , Dan Pitcher , ஃப்ப்ல் நிதி குழு இன்க் , டான் பிட்சர் ,

FBL Financial Group Increases Quarterly Cash Dividend


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FBL Financial Group, Inc. (NYSE: FFG) today announces that its Board of Directors has declared a quarterly cash dividend of $0.52 per share, payable on March 31, 2021 to Class A and Class B common stockholders of record as of March 15, 2021. This represents a 4.0% increase from the prior quarterly dividend of $0.50 per share paid in December 2020.
FBL Financial Group is a holding company with the purpose to protect livelihoods and futures. Operating under the consumer brand name Farm Bureau Financial Services, its affiliates offer a broad range of life insurance, annuity and investment products distributed by multiline exclusive Farm Bureau agents. Helping complete the financial services offering, advisors offer wealth management and financial planning services. In addition, FBL Financial Group manages all aspects of two Farm Bureau affiliated property-casualty insurance companies for a manage ....

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