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West Bank reports record $11.8 million net income for first quarter

West Bancorporation Inc., parent company of West Bank, today reported that first quarter 2021 net income was $11.8 million, or 70 cents per diluted common share, compared with first quarter 2020 net income of $8.1 million, or …

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FBL Financial extends contested merger vote to May 21

Shareholders of FBL Financial Group Inc. will have about another three weeks to consider how to vote on a merger proposal to take the company private.

Shareholders who convened for a special meeting this morning …

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NOTEBOOK: Home sales in Greater Des Moines area continue to be strong

Home sales in the Greater Des Moines area continued to be robust in March, with 1,256 residential properties sold, 19.5% more than a year ago, Des Moines Area Association of Realtors data shows.

 

In …

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University of Iowa hospitals will reapply to build in North Liberty

Cedar Rapids Gazette: Two months after the State Health Facilities Council denied University of Iowa Health Care a certificate to build a new $230 million “general acute hospital” in North Liberty, UIHC has notified the state …

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Behavioral health hospital operator to return $188M in federal relief aid

Universal Health Services, a for-profit hospital operator that is partnering with MercyOne Des Moines to provide behavioral health services in Central Iowa, posted a revenue and profit increase in the first quarter of 2021, and …

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MPO announces nearly $14M in grants for regional transportation projects

Nearly $14 million has been awarded for 21 projects that include an interstate interchange and bridge and street improvements, the Des Moines Area Metropolitan Planning Organization announced today. The grants were approved by the MPO Policy Committee …

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Governor signs broadband bill, awaits action by Senate on funding for internet expansion

Business leaders are touting the signing of a broadband bill today as a step in the right direction while they await final action on a measure that would provide funding to help expand high-speed internet …

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NOTEBOOK – ONE GOOD READ: Chess grandmaster, gambits — and chairs

One of the best new miniseries released in recent months was Netflix’s “The Queen’s Gambit,” which follows the life of an orphan who learned to play chess from a janitor at the group home where she …

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Delta Dental of Iowa charitable giving topped $3.8 million in 2020

Delta Dental of Iowa and its foundation contributed more than $3.8 million in total donations to 330 organizations in 2020 to address oral and overall health needs as well as the urgent needs created by COVID-19 and …

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Principal records strong first quarter, raises dividend

Principal Financial Group reported a jump in first-quarter net income, to $517.1 million from $288.9 million a year ago. Net income per diluted share was $1.87, compared with $1.04 in last year’s first quarter. Non-GAAP operating earnings …