FBL Financial Group Inc., the West Des Moines-based parent company of Farm Bureau Financial Services, reported net income for the second quarter of 2020 of $26.2 million, or $1.06 per diluted common share, compared to net income of $32.3 million, or $1.30 per diluted common share, for the second quarter of 2019. Adjusted operating income totaled $25.3 million, or $1.02 per common share, for the second quarter of 2020, compared to $31.7 million, or $1.28 per common share, for the second quarter of 2019. CEO Dan Pitcher said he was pleased with the earnings results, which he termed “solid.” Zack’s analysts anticipated net income of $1.05 per share, or an 18% decrease year over year. Revenues were expected to be $185.70 million, down 3.7% from the year-ago quarter. Actual revenues for the quarter beat the estimate, totaling $200.7 million, up 4% year-over-year. “Our results benefitted from our focus on expense management as well as the broad market recovery since March,” Pitcher said in an earnings release. “While the challenges of the pandemic and interest rate environment persist, FBL Financial Group and our industry have had fewer negative impacts than other sectors.”