FBL Financial reports fourth-quarter earnings
FBL Financial Group Inc. on Thursday reported net income for the fourth quarter of 2014 of $28.1 million, or $1.13 per common share, compared to $27 million, or $1.07 per common share, for the fourth quarter of 2013. Operating income totaled $28.3 million, or $1.13 per common share, for the fourth quarter of 2014, compared to $25.3 million, or $1.00 per common share, for the fourth quarter of 2013. “These results cap off a year where we achieved record highs in full-year net income and operating income per share, and returned more than $50 million to shareholders through dividends and repurchases,” said James Brannen, CEO of the West Des Moines-based insurance group said in a release. “Our priorities in 2015 are to serve the Farm Bureau niche market, support and grow our exclusive Farm Bureau agency force, leverage technology, and maintain a strong capital position.”