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VersaBank Reports Higher Fiscal Q3 Adjusted (Core) Income Per Common Share, Total Revenue Rises; Declares Dividends

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VersaBank (VBNK.TO, VBNK) reported fiscal third quarter adjusted income per share of CA$0.38 compared with CA$0.30 a year earlier.

Revenue for the quarter ended July 31 was CA$38.81 million compared with CA$31.58 million a year earlier, VersaBank added Thursday. Three analysts polled by FactSet expected revenue of CA$40.3 million.

VersaBank also declared a dividend of CA$0.025 per share for the quarter ending Oct. 31, payable as of Oct. 31, to shareholders of record on Oct. 9, it added. It is unchanged from the prior quarter.

The company's shares were last seen up CA$0.55 to CA$26.99 on the Toronto Stock Exchange.

Price: $26.99, Change: $+0.55, Percent Change: +2.08%

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