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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