WEST DES MOINES, Iowa (AP) _ FBL Financial Group Inc. (FFG) on Monday reported first-quarter net income of $27.7 million, after reporting a loss in the same period a year earlier.

The West Des Moines, Iowa-based company said it had net income of $1.13 per share. Earnings, adjusted for investment gains, were 96 cents per share.

The parent company of Farm Bureau Life Insurance posted revenue of $191.4 million in the period.

FBL Financial shares have increased 8% since the beginning of the year. The stock has risen 45% in the last 12 months.

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