WEST DES MOINES, Iowa (AP) _ FBL Financial Group Inc. (FFG) on Thursday reported fourth-quarter profit of $34.7 million.
On a per-share basis, the West Des Moines, Iowa-based company said it had profit of $1.40. Earnings, adjusted for investment costs, came to $1.41 per share.
The parent company of Farm Bureau Life Insurance posted revenue of $193.6 million in the period.
For the year, the company reported profit of $126.2 million, or $5.09 per share. Revenue was reported as $774.7 million.
FBL Financial shares have declined 2% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $57.72, a fall of 18% in the last 12 months.