Globe and Mail, Small Stocks to Watch

VersaBank (VB-T) reported net income of $4.7-million for the third quarter ended July 31, up from $2.7-million a year ago, “primarily due to higher interest income earned on lending assets as well as lower non-interest expenses partially offset by higher interest expense.”

Core cash earnings rose 48 per cent to $6.4-million from $4.4-million, the company stated.