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VersaBank
VBNKFinancial ServicesNASDAQGB
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VersaBank operates as a specialized lender, primarily serving financial companies rather than traditional retail consumers. VBNK's Receivable Purchase Program is a key growth engine, enabling third-party financing for diverse sectors like HVAC, solar, and dental services. The bank leverages deposit brokers and intermediaries, avoiding costly branch networks and maintaining lower operating expenses than peers.
VersaBank (VBNK:CA) Q2 2026 Earnings Call Transcript
VersaBank NASDAQ: VBNK reported record second-quarter fiscal 2026 credit assets and revenue, while management said results were affected by non-core costs tied to its planned corporate reorganization and the sale of its only physical bank branch.
VersaBank (VBNK) came out with quarterly earnings of $0.28 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.18 per share a year ago.
LONDON, ON, June 3, 2026 /PRNewswire/ - VersaBank (the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced that cash dividends in the amount of CAD $0.025 per Common Share of the Bank have been declared for the quarter ending July 31, 2026, payable as of July 31, 2026, to shareholders of record at the close of business on July 10, 2026. The dividends to which this notice relates are eligible dividends for tax purposes.
All amounts are unaudited and in Canadian dollars and are based on financial statements prepared in compliance with International Accounting Standard 34 Interim Financial Reporting, unless otherwise noted. Our second quarter 2026 ("Q2 2026") unaudited Interim Consolidated Financial Statements for the period ended April 30, 2026 and Management's Discussion and Analysis ("MD&A"), are available online at www.versabank.com/investor-relations , SEDAR at www.sedarplus.ca and EDGAR at www.sec.gov/edgar.
LONDON, ON, June 3, 2026 /PRNewswire/ - VersaBank (or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced it has publicly filed a Form S-4 registration statement (File No. 333-296444) (the "Registration Statement") with the U.S. Securities and Exchange Commission (the "SEC") in connection with the Bank's proposed plan to realign its corporate structure to a standard U.S. bank framework (the "Reorganization").
VersaBank is rated a long-term buy due to its unique, low-credit-loss business model and efficient branchless operations. VBNK's US Structured Receivable Program (SRP) is expected to drive significant earnings growth, with higher net interest margins than Canadian operations. The US SRP is projected to reach $1B USD by fiscal 2026, supporting efficiency ratios as low as 25% and robust asset growth.
VERSABANK ANNOUNCES FOUNDER AND PRESIDENT, DAVID TAYLOR, NAMED EXECUTIVE OF THE YEAR BY THE CANADIAN LENDERS ASSOCIATION PR New
LONDON, ON, May 29, 2026 /PRNewswire/ - VersaBank (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, digital asset technology and technology solutions for cybersecurity, today announced that David Taylor, Founder and President of VersaBank, has been named Executive of the Year by the Canadian Lenders Association at the Canadian Finance Summit held on May 28, 2026. "I am proud to be recognized as Executive of the Year by the Canadian Lenders Association," said David Taylor, Founder and President of VersaBank.
Bank to Report Second Quarter Fiscal 2026 Results Wednesday, June 3, 2026 at 7:00 a.m. ET LONDON, ON, May 26, 2026 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) will report its second quarter 2026 financial results and host a conference call to discuss those results on Wednesday, June 3, 2026.
– Industry First Real-Time SRP Capability Significantly Expands VersaBank's Addressable Point-of-Sale Market in Both Canada and United States; Provides Immediate Economic Benefit to Existing Partners – – Real-Time Funding Capability Significantly Strengthens Bank's Competitive Advantage by Providing Immediate Incremental Economic Benefit to Existing Partners – LONDON, ON, April 29, 2026 /PRNewswire/ - VersaBank (TSX: VBNK) (NASDAQ: VBNK) ("VersaBank" or the "Bank") a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced it has commenced a pilot program with one of its major Structured Receivable Program partner, FinanceIt Canada Inc. ("FinanceIt"), for the Bank's new Real-Time Structured Receivable Program ("Real-Time SRP") (the "Pilot Program"). The purpose of the Pilot Program is to demonstrate the functionality and operational integrity of the Real-Time SRP in a limited-scale, real-world scenario to refine the solution for full implementation by FinanceIt and simultaneous roll out to all VersaBank's current and prospective SRP partners in both Canada and the United States.
LONDON, ON, April 28, 2026 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), today announced it has received approval from the Toronto Stock Exchange ("TSX") to renew its Normal Course Issuer Bid ("NCIB") for its common shares. "The last year has been demonstrative of the strong demand for our Structured Receivable Program in the United States, providing us with tremendous confidence in the ability of our branchless, cloud-based, digital banking model to drive efficiency and return on common equity to levels that are unmatched in our industry as our credit asset portfolio continues to grow," said David Taylor, President, VersaBank.
On April 20, 2026, VersaBank (VBNK) shares rose 9.9% to a current price of $17.66, continuing a strong upward trend evidenced by a 32.1% increase over the past
LONDON, ON, April 20, 2026 /PRNewswire/ - VersaBank (TSX: VBNK) (NASDAQ: VBNK) ("VersaBank" or the "Bank") a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced it has begun receiving QCAD deposits under its previously announced custody services agreement with Stablecorp, a pioneering Canadian digital asset infrastructure company and servicer of the QCAD Digital Trust and whose investors include Coinbase, Circle, DeFi Technologies and FTP Ventures. QCAD is Canada's first regulatory compliant Canadian-dollar stablecoin.
VersaBank (NASDAQ: VBNK) shareholders approved several items of formal business at the company's annual general meeting, including the appointment of Ernst and Young LLP as auditor, the election of a 10-member board, and a special resolution amending an administrative by-law to allow the Chief Executive Officer and President roles to be held by different individuals. Formal
LONDON, ON, April 9, 2026 /PRNewswire/ - VersaBank (TSX: VBNK) (NASDAQ: VBNK) ("VersaBank" or the "Bank") reports the results of its 2026 Annual and Special Meeting of Shareholders (the "Meeting") held in London, Ontario on April 8, 2026. Each of the director nominees listed in VersaBank's Management Information Circular dated March 9, 2026, were elected as directors of the Bank.
VersaBank (VBNK:CA) Shareholder/Analyst Call Transcript
VersaBank (NASDAQ: VBNK - Get Free Report) shares fell 0.5% on Tuesday. The company traded as low as $14.38 and last traded at $14.54. 18,330 shares were traded during trading, a decline of 50% from the average session volume of 36,731 shares. The stock had previously closed at $14.61. Analyst Upgrades and Downgrades A number
LONDON, ON, March 25, 2026 /PRNewswire/ - VersaBank (the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced its 2026 Annual and Special Meeting of Shareholders (the "Meeting") will be held Wednesday, April 8, 2026 at 10:30 a.m. ET at the VersaBank Innovation Centre of Excellence, 1979 Otter Place, London, Ontario.
– Sale Consistent with Highly Efficient Branchless, Partner-Based, Digital Banking Model; Will Contribute to Overall Efficiency of the Bank – LONDON, ON, March 24, 2026 /PRNewswire/ - VersaBank (or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced that the Bank has entered into a definitive agreement for the sale of certain assets associated with its only bank branch in Holdingford, Minnesota to Stearns Bank National Association ("Stearns Bank") (the "Holdingford Sale"). The Holdingford Sale has been approved by the Office of the Comptroller of the Currency ("OCC").
Foreign Exchange Capabilities Support Core Use Case for RBTD™s, Further Strengthening Value Proposition and Extending Competitive Advantage LONDON, ON, March 17, 2026 /PRNewswire/ - VersaBank (or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced it has commenced a critical initiative to add foreign exchange functionality and other enhancements to its proprietary VersaView™ blockchain interface technology to support the commercialization of its Real Bank Tokenized Deposits™ (RBTD™s). VersaView™ is the Bank's own highly secure RBTD™ Program Participant's user interface, enabling authorized RBTD™ partners and corporate customers (holders of RBTD™s) to view and transact with their RBTD™s stored in VersaVault®-managed wallets.
