12:11 PM EST - VersaBank : Today reported net income of $4.7 million for the third quarter ended July 31, 2018. Net income was up $2.0 million or 74% from a year ago and earnings per share (EPS) of 20 cents was up $0.10 or 100% from a year ago. Results for the quarter were driven primarily by higher interest income, improved efficiency, and outstanding credit quality. NIM increased to 2.88%, up 35 basis points from a year ago. Efficiency improved to 49% from 65% for the same period a year ago and the provision for credit losses (PCL) ratio was again negligible. VersaBank
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