VersaBank (VBNK) revealed a profit for second quarter that Drops, from last year
The company's bottom line came in at C$7.52 million, or C$0.23 per share. This compares with C$8.53 million, or C$0.26 per share, last year.
Excluding items, VersaBank reported adjusted earnings of C$12.38 million or C$0.39 per share for the period.
The company's revenue for the period rose 27.0% to C$38.29 million from C$30.14 million last year.
VersaBank earnings at a glance (GAAP) :
-Earnings: C$7.52 Mln. vs. C$8.53 Mln. last year.-EPS: C$0.23 vs. C$0.26 last year.-Revenue: C$38.29 Mln vs. C$30.14 Mln last year.
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