earnings Archives

Bankers Trust reports another record year

Enterprise Bank

Bankers Trust, Iowa’s largest independently owned bank, today released its 2015 year-end earnings, reporting record performance for a sixth straight year. Combined bank earnings for 2015, were $37.1 million, a 12.4 percent increase over the same period in 2014. The first Bankers Trust location in Phoenix opened in 2007. Since that time, the bank has… Read More →

Washington Federal sees boost in earnings

Enterprise Bank

Washington Federal, Inc. parent company of Washington Federal, announced earnings of $40,361,000 or $0.42 per diluted share for the quarter ended March 31, 2015, compared to $38,657,000 or $0.38 per diluted share for the quarter ended March 31, 2014, an increase of 10.5%.   The quarter produced a return on average assets of 1.11% and a… Read More →

University of Phoenix closing 115 locations

78464706

For-profit education company Apollo Group Inc. says its net income fell 60 percent in its fiscal fourth quarter, hurt by a sharp drop in enrollment at the University of Phoenix and higher costs. The company also announced Tuesday that it is closing 115 locations due to shrinking enrollment and higher interest by students in taking… Read More →

First Job: Roy Vallee, Avnet Inc.

First Job: Roy Vallee, Avnet Inc.

Roy Vallee Chairman and CEO Avnet Inc. Describe your very first job and what lessons you learned from it. I was 13 years old when I landed my first job selling cosmetics and household products door-to-door. As a salesman, my earnings were based entirely on what I sold. That meant that if I sold nothing,… Read More →