Wednesday, November 27, 2019
10:36 AM EST – VersaBank : Reported its results for the fourth quarter and fiscal year ended October 31, 2019. Net income for the quarter was up 5% to $5.4 million, and net income for the year was up 12% to a record $20.2 million, compared to the respective periods last year. Core cash earnings (CCE) for the quarter was up 5% to $7.4 million and CCE for the year was up 10% to $27.8 million compared to the respective periods last year. CCE reflects the Bank’s core operational performance and funds its regulatory capital to support growth. VersaBank (T.VB) shares were up $0.23 at 7.43.
Stocks in Play: VersaBank, Wed, 27 Nov 2019 10:42:58 EST