FBL Financial Group

For more than 75 years, we’ve helped people protect what matters most to them. Founded to meet the unique needs of farmers, as times have changed so have we, remaining true to our roots as a service-to-members organization insuring client/members from all walks of life: rural, urban and in-between. Through an exclusive agency force, the companies that make up Farm Bureau Financial Services market property-casualty, life insurance and annuity products in 14 Western and Midwestern states. Nearly 4,000 field associates backed by 1,700 employees. Most people know us as Farm Bureau Financial Services but employees work for FBL Financial Group, Inc., a holding company whose purpose is to Protect Livelihoods and Futures. Farm Bureau Life Insurance Company is the primary operating subsidiary of FBL Financial Group. FBL also manages all aspects of two property-casualty companies including Farm Bureau Property and Casualty Insurance Company and Western Agricultural Insurance Company. Employees enjoy unique rewards including:

  • Dynamic corporate culture focused on a commitment to ethics and excellence
  • Competitive benefits through a flexible cafeteria plan – you choose what fits your needs
  • Emphasis on a healthy work-life balance
  • Opportunities for professional development and advancement

Company Growth (employees)
Type
Public
HQ
West Des Moines, US
Size (employees)
1,644 (est)
FBL Financial Group is headquartered in West Des Moines, US

FBL Financial Group Office Locations

FBL Financial Group has offices in West Des Moines, Tucson, Lincoln, Madison and in 19 other locations
West Des Moines, US (HQ)
5400 University Ave
Show all (23)

FBL Financial Group Data and Metrics

FBL Financial Group Financial Metrics

FBL Financial Group's revenue was reported to be $181.9 m in Q1, 2017
USD

Revenue (Q1, 2017)

181.9 m

Net income (Q1, 2017)

26.4 m

Market capitalization (17-Aug-2017)

1.7 b

Cash (31-Mar-2017)

16.8 m
FBL Financial Group's current market capitalization is $1.7 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

606.3 m618.3 m655.5 m691.2 m692.9 m722.8 m726.4 m

Revenue growth, %

2%6%5%0%4%0%

Operating expense total

540.9 m545.8 m571.4 m584.6 m

EBIT

150.3 m139.4 m134.8 m

EBIT margin, %

22%20%19%

Interest expense

9.6 m8.5 m8 m6.9 m4.7 m4.9 m4.9 m

Income tax expense

39.6 m18.8 m40.1 m49.3 m47.3 m47.4 m(46 m)

Net Income

108.4 m109.9 m113.5 m107.2 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

175.8 m173.4 m177.9 m186.7 m175.5 m179.7 m181.3 m181.3 m181.9 m

Net Income

51.6 m81.7 m23.6 m55.9 m82.6 m25.9 m50.3 m80.3 m26.4 m
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

11.7 m4.8 m296.3 m78.1 m6.4 m76.6 m29.5 m33.6 m

Inventories

2 m

Total Assets

8.5 b9.1 b9.1 b9.6 b

Accounts Payable

140 m

Total Liabilities

8.4 b

Retained Earnings

787.6 m846.7 m867.6 m882.7 m

Total Equity

1 b1.3 b1.1 b1.2 b

Financial Leverage

8.1 x7.2 x8 x8.1 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

31.7 m43.2 m44.3 m52 m32.6 m23.4 m125.5 m65.4 m16.8 m

Inventories

4.1 m4.1 m3.6 m3.4 m3.4 m2 m2 m2 m2 m

Total Assets

8.9 b8.9 b9.2 b9.1 b9.1 b9.2 b9.6 b9.7 b9.7 b

Retained Earnings

809.5 m828.6 m810.9 m833.3 m846.6 m833.3 m846.8 m866.3 m860.7 m

Total Equity

1.2 b1.2 b1.2 b1.2 b1.2 b1.2 b1.3 b1.3 b1.2 b

Financial Leverage

7.4 x7.4 x7.4 x7.9 x7.8 x7.9 x7.5 x7.4 x8.2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

108.4 m109.9 m113.5 m107.2 m

Cash From Operating Activities

182.3 m208.8 m224.9 m239.8 m

Cash From Investing Activities

(278 m)(308.6 m)(369.4 m)(387.5 m)

Long-term Borrowings

(50 m)(15 m)

Dividends Paid

(64.8 m)(34.7 m)(89.3 m)(91.6 m)

Cash From Financing Activities

24 m170.1 m97.3 m151.8 m

Interest Paid

7.1 m4.9 m4.9 m(4.9 m)

Income Taxes Paid

21 m22.8 m27.7 m(20.9 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

51.6 m81.7 m23.6 m55.9 m82.6 m25.9 m50.3 m80.3 m26.4 m

Cash From Operating Activities

85 m146.4 m45.8 m89 m143.4 m47.4 m117.1 m171.1 m54.8 m

Cash From Investing Activities

(149.1 m)(227.4 m)(88.8 m)(171.5 m)(267.4 m)(12 m)(78.6 m)(214.4 m)(52.2 m)

Long-term Borrowings

(15 m)(15 m)(15 m)

Dividends Paid

(17.4 m)(26.1 m)(59.5 m)(69.4 m)(79.4 m)(60.1 m)(70.6 m)(81.1 m)(48.4 m)

Cash From Financing Activities

89.4 m117.8 m10.7 m57.8 m80 m(41.5 m)57.5 m79.2 m(19.4 m)

Interest Paid

2.4 m3.6 m1.2 m2.4 m3.6 m1.2 m2.4 m3.6 m1.2 m

Income Taxes Paid

9 m10.7 m2 m8.5 m16.5 m1 k2 m7.7 m2 k
USDY, 2017

Revenue/Employee

110.7 k

Financial Leverage

8.2 x

FBL Financial Group Operating Metrics

FY, 2014FY, 2015FY, 2016

Number of Contracts (Annuity Segment)

52.94 k53.32 k53.68 k

In-Force Policies (Life Insurance)

424.54 k427.69 k428.74 k

    FBL Financial Group Market Value History

    FBL Financial Group Revenue Breakdown

    Traffic Overview of FBL Financial Group

    FBL Financial Group Company Life and Culture

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