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VersaBank reported Q1 fiscal 2026 results with total revenue of $36.5 million (up 31% YoY), net income of $11.1 million (up 36% YoY), and total assets of $6.1 billion (up 24% YoY), driven by US Structured Receivable Program growth. The Bank declared a CAD $0.025 per common share dividend and disposed of its Stablecorp investment for a $82,000 gain.
Event Type
Variant
6-K
Current Report on Form 6-K
| Metric | Value | Basis |
|---|---|---|
| Total revenue | $36.5K | |
| Net income | $11.1K | GAAP |
| Adjusted net income | $12.2K | Non-GAAP |
| Net income per common share basic and diluted | $0.35 | GAAP |
| Adjusted net income per common share basic and diluted | $0.38 | Non-GAAP |
Dividend/Share
0.025
Record Date
2026-04-10
Payable Date
2026-04-30