Banking and Finance

West Bancorporation Inc., parent company of West Bank, reported second-quarter net income of $5.3 million, or 33 cents per diluted share — the highest it has ever recorded in any second quarter, the company announced …

In its second Economic Forecast survey of bankers from across the state, the Iowa Bankers Association suggests Iowa’s economy will continue its moderate growth with a positive jobs outlook. “These improvements, combined with continued low …

If it were left up to Socrates, Greece would have chugged the hemlock by now and had it over with. However, the economic decisions facing the Greek people and their government might perplex even today’s …

CFO Systems LLC, an Omaha-based provider of chief financial officer outsourcing, and NexGen CFO in Des Moines announced recently they are combining forces. NexGen CFO founder Pam Clearwater will step in to lead the Des …

MetaBank’s payment solutions division, Meta Payment Systems, recently entered into an agreement with PayQuicker LLC, an East Rochester, N.Y.-based company that offers payment platforms for corporations, according to a release. PayQuicker provides a way for …

MetaBank plans to acquire Fort Knox Financial Services Corp. and its subsidiary, Tax Product Services LLC, in a $50 million deal that could close this quarter, according to a release. About half of the acquisition …

Bankers Trust Co. said today that second-quarter earnings were $9.4 million, a 10 percent increase over the same period last year.

For the first six months of the year, Bankers Trust had earnings of …

Wells Fargo & Co., the largest U.S. mortgage lender, reported a second consecutive decrease in its quarterly profit today as expenses rose and it set aside more money to cover bad loans, Reuters reported.

Net …

Brooks Lodden P.C. will host its ninth annual Not-For-Profit Industry Update Friday at 8:30 a.m. at the Stoney Creek Inn in Johnston. Coined as a “must attend” for CEOs, chief financial officers, and accounting and …

Iowa’s share of a multistate restitution by Chase Bank USA and Chase BankCard Services Inc. will be nearly  $1.5 million, which includes $1 million in attorney’s fees to Iowa as the lead state attorney general’s …