VersaBank (VBNK) released a profit for fourth quarter that decreased from the same period last year
The company's earnings came in at C$5.516 million, or C$0.20 per share. This compares with C$12.479 million, or C$0.47 per share, in last year's fourth quarter.
The company's revenue for the quarter fell 6.5% to C$27.285 million from C$29.173 million last year.
VersaBank earnings at a glance (GAAP) :
-Earnings (Q4): C$5.516 Mln. vs. C$12.479 Mln. last year.-EPS (Q4): C$0.20 vs. C$0.47 last year.-Revenue (Q4): C$27.285 Mln vs. C$29.173 Mln last year.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.