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Note 17 - Per Share Amounts
12 Months Ended
Oct. 31, 2023
Statement Line Items [Line Items]  
Disclosure of earnings per share [text block]

17.

Per share amounts:

 

Basic and diluted income per common share

 

(thousands of Canadian dollars)

        
  

2023

  

2022

 
         

Net income

 $42,162  $22,658 

Preferred share dividends paid

  (988)  (988)

Net income available to common shareholders

  41,174   21,670 
         

Weighted average number of common shares outstanding

  26,273,739   27,425,479 
         

Basic and diluted income per common share:

 $1.57  $0.79 

 

The Series 1 NVCC preferred shares are contingently issuable shares and do not have a dilutive impact. The outstanding employee stock options are dilutive but are de minimis and therefore have no impact on the Bank’s income per share amounts.