VersaBank reported earnings results for the first quarter ended January 31, 2023. For the first quarter, the company reported net income was CAD 9.42 million compared to CAD 5.57 million a year ago. Basic earnings per share from continuing operations was CAD 0.34 compared to CAD 0.19 a year ago.

Diluted earnings per share from continuing operations was CAD 0.34 compared to CAD 0.19 a year ago.