These 18 Iowa Corps generated Total Ongoing, Core Pretax Income of $754 mil in the 3Q 2012, up a very impressive 17% from the $645 mil earned in the 3Q 2011.
The substantial corporate earnings deceleration that has hit so many US States in 2012 has bypassed Iowa, whose Corps are clearly very resilient.
Below here is the Ongoing, Core Pretax Income (PTI) or Pretax Loss of each of these 18 Iowa Corps for the most recent 3Q 2012 and also for the 3Q 2011.
PTI | PTI | ||||
Pretax | Pretax | 3Q 2012 | 3Q 2012 | ||
Income | Income | Increase | Increase | ||
(Loss) | (Loss) | (Decrease) | (Decrease) | ||
HQs | 3Q 2012 | 3Q 2011 | Amount | % | |
mils $s | mils $s | mils $s | |||
Iowa Largest Corps | |||||
Rockwell Collins | Cedar Rapids | 277 | 246 | 31 | 13% |
Principal Financial Group | Des Moines | 181 | 151 | 30 | 20% |
Caseys General Stores | Ankeny | 62 | 64 | (2) | -3% |
Sauer Danfoss | Ames | 57 | 79 | (22) | -28% |
Meredith | Des Moines | 42 | 36 | 6 | 17% |
HNI Corp | Muscatine | 39 | 38 | 1 | 3% |
FBL Financial Group | West Des Moines | 30 | 23 | 7 | 30% |
Heartland Financial | Dubuque | 20 | 10 | 10 | 100% |
Heartland Express | North Liberty | 18 | 18 | 0 | 0% |
Peninsula Gaming | Dubuque | 17 | (4) | 21 | 525% |
United Fire Group | Cedar Rapids | 8 | (13) | 21 | 162% |
Winnebago Industries | Forest City | 7 | 2 | 5 | 250% |
MidWest One Financial | Iowa City | 6 | 5 | 1 | 20% |
West Bancorporation | West Des Moines | 5 | 4 | 1 | 25% |
Flexsteel Industries | Dubuque | 5 | 4 | 1 | 25% |
Golden Grain Energy | Mason City | (2) | 7 | (9) | -129% |
Newlink Genetics | Ames | (6) | (4) | (2) | -50% |
American Equity Investment Life | West Des Moines | (12) | (21) | 9 | 43% |
Total all 18 Iowa Largest Corps | 754 | 645 | 109 | 17% |