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FBL Financial Group (FBL Financial Group) Net Income : $102.7 Mil (TTM As of Mar. 2021)


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What is FBL Financial Group Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. FBL Financial Group's Net Income for the three months ended in Mar. 2021 was $27.7 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2021 was $102.7 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. FBL Financial Group's Earnings per Share (Diluted) for the three months ended in Mar. 2021 was $1.13.


FBL Financial Group Net Income Historical Data

The historical data trend for FBL Financial Group's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FBL Financial Group Net Income Chart

FBL Financial Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.84 187.31 93.79 126.21 72.51

FBL Financial Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.52 26.21 20.97 27.84 27.68

FBL Financial Group Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

FBL Financial Group's Net Income for the fiscal year that ended in Dec. 2020 is calculated as

Net Income(A: Dec. 2020 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=74.472+-8.061+0+6.102
=72.5

FBL Financial Group's Net Income for the quarter that ended in Mar. 2021 is calculated as

Net Income(Q: Mar. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=27.52+-3.687+0+3.847
=27.7

Net Income for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $102.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FBL Financial Group  (NYSE:FFG) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

FBL Financial Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2021 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


FBL Financial Group Net Income Related Terms

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FBL Financial Group (FBL Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
5400 University Avenue, West Des Moines, IA, USA, 50266-5997
FBL Financial Group Inc is an American financial services company. The group has three subsidiaries: Farm Bureau Life Insurance Company, Greenfields Life Insurance Company, Farm Bureau Property and Casualty Insurance Company, and Western Agricultural Insurance Company. Farm Bureau Life Insurance Company offers various lines of life insurance, annuity, and investment products. Greenfields Life Insurance Company offers a wide range of life insurance, annuity, and investment products. Farm Bureau Property and Casualty Insurance Company and Western Agricultural Insurance Company offer full lines of personal and commercial property-casualty insurance products.
Executives
Paul A. Juffer director 5942 BEECHTREE DRIVE WEST DES MOINES IA 50266
Bryan Searle director 275 TIERRA VISTA DRIVE POCATELLO ID 83201
Daniel M Koster officer: VP - Marketing and Agency Svcs 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Anthony James Aldridge officer: Chief Accounting Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Jeffrey A Whitehead officer: Chief Investment Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Ronald L Mead officer: VP - Sales and Distribution 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Casey Decker officer: Chief Information Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Richard Wayne Felts director 2627 KFB PLAZA MANHATTAN KS 66503
Jay W Seiboldt officer: Chief Operating Officer - PC 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Nicholas C. Gerhart officer: Chief Administrative Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Raymond Walter Wasilewski officer: Senior Vice President 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50265
Daniel D Pitcher director, officer: Chief Executive Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Charles Happel officer: Chief Investment Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Donald Seibel officer: CFO & Treasurer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
James Brannen officer: CEO Emeritus 5400 UNIVERSITY AVENUE, WEST DES MOINES IA 50266

FBL Financial Group (FBL Financial Group) Headlines

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