VersaBank reported earnings results for the first quarter ended January 31, 2024. For the first quarter, the company reported net interest income was CAD 26.57 million compared to CAD 24.27 million a year ago. Net income was CAD 12.7 million compared to CAD 9.42 million a year ago.

Basic earnings per share from continuing operations was CAD 0.48 compared to CAD 0.34 a year ago. Diluted earnings per share from continuing operations was CAD 0.48 compared to CAD 0.34 a year ago.