AABP EP Awards 728x90

FBL Financial first-quarter earnings up

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FBL Financial Group Inc. on Thursday reported first-quarter net income of $34 million, or $1.37 per share, compared with $23.6 million, or 94 cents per share, for the first quarter of 2018. Adjusted operating income totaled $25.9 million for the first quarter of 2019, compared with $26.3 million for the first quarter of 2018. The company also returned more than $48 million to shareholders in the quarter with the payment of a special dividend of $1.50 per share and an increased quarterly dividend of 48 cents per share.