Stocks in Play

VersaBank

09:31 AM EST - VersaBank : Reported its results for the first quarter of fiscal 2023 ended January 31, 2023. Consolidated revenue increased 42% year-over-year and 7% sequentially to a record $25.9 million, driven by higher interest income resulting substantially from strong loan growth; Consolidated net income increased 69% year-over-year and 46% sequentially to a record $9.4 million as a function of higher net interest income attributable substantially to strong loan growth and modest NIM expansion. VersaBank shares T.VBNK are trading unchanged at $10.14.