FOR IMMEDIATE RELEASE
Tuesday, September 20, 2011
FORTUNE Names Farm Bureau Life's Parent Company Among 100 Fastest Growing Companies
West Des Moines, Iowa, September 20, 2011 – FBL Financial Group, Inc. (NYSE: FFG) announced today that it was ranked No. 83 on FORTUNE Magazine’s list of the top 100 fastest growing domestic and foreign companies. FBL Financial joins giants like Apple and Amazon.com on the list, and is one of only 10 financial services companies included for 2011.
The complete rankings and related stories can be found in the September 26, 2011 issue of FORTUNE or by visiting: http://money.cnn.com/magazines/fortune/fortunefastestgrowing/2011/full_list/
The list was compiled based on revenue and earnings-per-share growth and annualized total return over a three-year period. To qualify, a company must:
- be trading on a major U.S. stock exchange
- report data in U.S. dollars
- file quarterly reports with the SEC
- have a minimum market capitalization of $250 million and a stock price of at least $5 on June 30, 2011
- have been trading continuously since June 30, 2008
Companies must have revenue of at least $50 million for the four quarters ended on or before April 30, 2011, and have posted annualized growth in revenue and earnings per share of at least 15% annually over the three years ended on or before April 30, 2011.
FBL Financial Group is a holding company whose primary operating subsidiaries are Farm Bureau Life Insurance Company and EquiTrust Life Insurance Company. FBL Financial Group underwrites, markets and distributes life insurance and annuities to individuals and small businesses. In addition, FBL Financial Group manages all aspects of two Farm Bureau affiliated property-casualty insurance companies for a management fee. For more information, please visit www.fblfinancial.com.