FBL Financial reports third-quarter earnings

November 4, 2015 by N/A

FBL Financial Group Inc. today reported net income for the third quarter of 2015 of $26.7 million, or $1.06 per share, down from $30.2 million, or $1.21 per share, for the third quarter of 2014. Operating income totaled $27.3 million, or $1.09 per share, for the third quarter of 2015, compared with $29.5 million, or $1.18 per share, for the third quarter of 2014. In a release, FBL CEO James Brannen said the company delivered solid financial performance in the quarter. “We’ve had success with strategies to increase our exclusive agent count and manage spreads in the continued low interest rate environment,” he said. “These strategies, combined with effective capital and expense management, produced another quarter of strong results.”

Originally Posted at Business Record on November 4, 2015 by N/A.