VersaBank Q1 Adj. EPS $0.38 Beats $0.32 Estimate, Sales $36.514M Beat $31.881M Estimate

VersaBank (TSX:VBNK) reported quarterly earnings of $0.38 per share which beat the analyst consensus estimate of $0.32 by 18.75 percent. This is a 35.71 percent increase over earnings of $0.28 per share from the same period last year. The company reported quarterly sales of $36.514 million which beat the analyst consensus estimate of $31.881 million by 14.53 percent. This is a 31.22 percent increase over sales of $27.827 million the same period last year.