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VersaBank reported earnings results for the third quarter and nine months ended July 31, 2024. For the third quarter, the company reported net interest income was CAD 24.94 million compared to CAD 24.93 million a year ago. Net income was CAD 9.71 million compared to CAD 10 million a year ago. Basic earnings per share from continuing operations was CAD 0.36 compared to CAD 0.38 a year ago. Diluted earnings per share from continuing operations was CAD 0.36 compared to CAD 0.38 a year ago.For the nine months, net interest income was CAD 77.75 million compared to CAD 73.81 million a year ago. Net income was CAD 34.23 million compared to CAD 29.68 million a year ago. Basic earnings per share from continuing operations was CAD 1.29 compared to CAD 1.1 a year ago. Diluted earnings per share from continuing operations was CAD 1.29 compared to CAD 1.1 a year ago.
Period Ending: | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 |
---|---|---|---|---|
Total Revenue | 73.7 | 73.5 | 71.57 | 69.02 |
Net Income | 9.7 | 11.83 | 12.7 | 12.48 |
Period Ending: | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 |
---|---|---|---|---|
Total Assets | 4516.44 | 4388.32 | 4309.64 | 4201.61 |
Total Liabilities | 4107.45 | 3988.22 | 3920.6 | 3824.45 |
Total Equity | 408.98 | 400.1 | 389.03 | 377.16 |
Period Ending: | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -41.28 | -2.27 | -119.94 | -117.43 |
Cash From Investing Activities | -51.95 | 28.78 | 18.61 | -27.79 |
Cash From Financing Activities | 127.11 | 46.81 | 100.76 | 188.54 |
Net Change in Cash | 49.18 | 71.3 | -4.73 | 44.52 |
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