Versabank (TSE:VBNK) has released an update.
VersaBank reported its fiscal 2024 third-quarter results, revealing the successful acquisition of Stearns Bank Holdingford and entry into the US market despite some short-term financial dampening. The bank’s net income and earnings per share saw a significant increase from the previous year, reflecting a strong business model and anticipating growth from its new US operations.
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