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Banking and Finance

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Collins named 2026 Deloitte CFO of the Year

Ann Collins, executive vice president and chief financial officer at EMC Insurance Cos., has been named the Business Record’s 2026 Deloitte CFO of the Year.

The award honors an individual for outstanding performance in their …
By Business Record Staff | Dec 31, 2025
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Deere annual revenue down 11.7%

Deere published its quarterly results on Thursday, reporting $45.6 billion in sales and revenue, a decrease of 11.7% from 2024, which brought in $51.7 billion and a 25% drop from 2023’s $61.2 billion. The company’s …
By Business Record Staff | Dec 19, 2025
homeownership rates chart

Housing crisis sparks debate over 50-year mortgages

Several factors have led to the current housing affordability crisis in the U.S.:

Mortgage rates plummeted during the pandemic, setting off bidding wars for homes and driving up home prices for both new and existing…
By Kathy A. Bolten | Dec 15, 2025
Deanna Strable

One year in the CEO’s chair

Deanna Strable has decades of experience working at Principal Financial Group, but she said she still found her first year transitioning into the company’s top leadership role to be an “unexpected” experience.

“I’ve been here …
By Sarah Diehn | Dec 12, 2025
iowa economy

Principal Financial’s Schelhaas recaps latest Well-Being Index on Iowa Economy Podcast

Nate Schelhaas, head of the business owner segment at Principal Financial Group, analyzed the company’s latest Well-Being Index during the fourth episode of the Iowa Economy Podcast recorded Dec. 3. 

The Iowa Economy Podcast is …
By Gigi Wood | Dec 12, 2025
caseys

Strong second-quarter results prompt Casey’s to revise 2026 outlook

Strong sales and an increase in customer visits contributed to strong second-quarter results for Casey’s General Stores Inc., prompting the Ankeny-based retailer to revise its outlook for fiscal 2026.

Casey’s is now projecting fiscal 2026 …
By Kathy A. Bolten | Dec 10, 2025
Deloitte logo

Deloitte appoints new Des Moines marketplace leader

Business management consultant Deloitte announced it has appointed Chris Terhark as Des Moines marketplace leader, effective today, succeeding Rick Tiwald, who will retire on Friday after six years in the role. Terhark, currently audit and …
By Business Record Staff | Dec 10, 2025
Sammons Financial Group logo

Sammons Financial Group announces new president, multiple promotions

Sammons Financial Group today announced multiple leadership transitions, including the appointment of Rob TeKolste as the company’s president, effective Jan. 1. He will report to Sammons Chairman and CEO Esfand Dinshaw.

The transitions mark a …
By Business Record Staff | Dec 8, 2025
Associated Banc Corp logo

Wisconsin bank moves into Omaha market in $604M deal

Green Bay, Wis.-based Associated Banc-Corp and Omaha-based American National Corp. have entered into a definitive agreement under which American National will merge into Associated. 

American National’s bank subsidiary, American National Bank, will also merge into …
By Business Record Staff | Dec 3, 2025
iowa bankers logo

Iowa banks post steady Q3 growth

The Iowa Banking Association has released its analysis of Federal Deposit Insurance Corp. data, which published Monday. 

The state-specific data reported loan, deposit and asset growth in the third quarter despite continued inflationary pressures and …
By Business Record Staff | Nov 26, 2025