VBNK

VersaBank

12.24 USD
-0.02
0.16%
At close Updated Sep 16, 1:06 PM EDT
1 day
-0.16%
5 days
1.66%
1 month
14.93%
3 months
9.48%
6 months
17.02%
Year to date
-10.79%
1 year
-7.27%
5 years
16.57%
10 years
16.57%
 

About: VersaBank is a Canadian Schedule I chartered bank with a difference. It has 3 operating segments: Digital Banking Canada, Digital Banking USA and DRTC. It's, cloud-based, business-to-business deposit and lending model provides valued-added solutions to Canadian financial intermediary partners, enabling them to focus on growing their own businesses faster and more profitably. It obtains all of its deposits and provides the majority of its loans and leases electronically, with deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses. In addition, leveraging its internally developed IT security software and capabilities, Company established a wholly owned, subsidiary. Geographically located in Canada and USA.

Employees: 121

0
Funds holding %
of 7,463 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

9% more capital invested

Capital invested by funds: $116M [Q1] → $126M (+$9.97M) [Q2]

0% more funds holding

Funds holding: 44 [Q1] → 44 (+0) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

0.57% less ownership

Funds ownership: 34.09% [Q1] → 33.52% (-0.57%) [Q2]

6% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 17

50% less call options, than puts

Call options by funds: $3K | Put options by funds: $6K

Financial journalist opinion

Based on 9 articles about VBNK published over the past 30 days

Neutral
PRNewsWire
6 hours ago
VERSABANK ANNOUNCES REFRESH OF PREVIOUS DDR TOKENIZED DEPOSIT PILOT PROGAM IN CANADA AND INTEGRATION WITH US PILOT PROGRAM
– Integration with US Pilot Program Intended to Demonstrate Near-Term Commercial Foreign Exchange Opportunity as the Only Nationally Licensed Bank in both the United States and Canada with Tokenized Deposit Capabilities – LONDON, ON , Sept. 16, 2025 /PRNewswire/ - VersaBank ("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 refresh of its previously completed pilot program for its Digital Deposit Receipts ("DDRs") in Canada (the "CADVB Pilot Refresh").
VERSABANK ANNOUNCES REFRESH OF PREVIOUS DDR TOKENIZED DEPOSIT PILOT PROGAM IN CANADA AND INTEGRATION WITH US PILOT PROGRAM
Neutral
Seeking Alpha
12 days ago
VersaBank (VBNK:CA) Q3 2025 Earnings Call Transcript
VersaBank (TSX:VBNK:CA ) Q3 2025 Earnings Call September 4, 2025 9:00 AM EDT Company Participants David Taylor - President & Director John Asma - Chief Financial Officer Conference Call Participants Joseph Yanchunis - Raymond James & Associates, Inc., Research Division Timothy Switzer - Keefe, Bruyette, & Woods, Inc., Research Division Andrew Scutt - ROTH Capital Partners, LLC, Research Division Presentation Operator Good morning, ladies and gentlemen, and welcome to VersaBank's Third Quarter Fiscal 2025 Financial Results Conference Call. Earlier today, VersaBank issued a news release reporting its financial results for the third quarter ended July 31, 2025.
VersaBank (VBNK:CA) Q3 2025 Earnings Call Transcript
Positive
Zacks Investment Research
12 days ago
VersaBank (VBNK) Q3 Earnings Beat Estimates
VersaBank (VBNK) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.2 per share. This compares to earnings of $0.26 per share a year ago.
VersaBank (VBNK) Q3 Earnings Beat Estimates
Neutral
PRNewsWire
12 days ago
VERSABANK THIRD QUARTER RESULTS CONTINUE TO DEMONSTRATE STRENGTH OF BUSINESS MODEL AS US RPP PORTFOLIO RAMPS UP
– Expansion of RPP Program to Add Securitization Expected to Generate Additional Asset and Earnings Growth in Both US and Canada – – Two New RPP Partners Added in Canada, Including First RPP Securitization Partner  – – VersaBank USA Tokenized Deposit Pilot Program in the United States Underway – 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 third quarter 2025 ("Q3 2025") unaudited Interim Consolidated Financial Statements for the period ended July 31, 2025 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.
VERSABANK THIRD QUARTER RESULTS CONTINUE TO DEMONSTRATE STRENGTH OF BUSINESS MODEL AS US RPP PORTFOLIO RAMPS UP
Neutral
PRNewsWire
12 days ago
VERSABANK DECLARES DIVIDENDS
LONDON, ON , Sept. 4, 2025 /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 October 31, 2025, payable as of October 31, 2025, to shareholders of record at the close of business on October 10, 2025.
VERSABANK DECLARES DIVIDENDS
Neutral
PRNewsWire
13 days ago
VERSABANK ADDS TWO NEW RECEIVABLE PURCHASE PROGRAM PARTNERS IN CANADA, INCLUDING FIRST SECURITIZATION PARTNER
LONDON, ON, Sept. 3, 2025 /PRNewswire/ - VersaBank ("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 added two new receivable purchase program partners in Canada for the Receivable Purchase Program (RPP).
VERSABANK ADDS TWO NEW RECEIVABLE PURCHASE PROGRAM PARTNERS IN CANADA, INCLUDING FIRST SECURITIZATION PARTNER
Positive
PYMNTS
21 days ago
VersaBank Launches Test of US-Dollar Version of Bank-Issued Tokenized Deposits
VersaBank's wholly owned subsidiary, VersaBank USA, launched an internal pilot program in the United States for the U.S.-dollar version of its bank-issued tokenized deposits. The bank completed a similar pilot program of these tokenized deposits, dubbed Digital Deposit Receipts (DDRs), in Canada and is now testing them in the U.S.
VersaBank Launches Test of US-Dollar Version of Bank-Issued Tokenized Deposits
Neutral
PRNewsWire
21 days ago
VERSABANK ANNOUNCES VERSABANK USA LAUNCH OF TOKENIZED DEPOSIT PILOT PROGRAM IN UNITED STATES
– Bank's Proprietary Digital Deposit Receipts (DDRs) Offer Significant Advantages over Stablecoins as Bank-Issued Deposits on the Blockchain as 1:1 Representation of Actual Cash Deposits with Ability to Pay Interest and FDIC Insurance1 – LONDON, ON and MINNEAPOLIS , Aug. 26, 2025 /PRNewswire/ - As traditional stablecoins gain traction as a tool for various financial activities within the cryptocurrency ecosystem, VersaBank ("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 its wholly owned subsidiary, VersaBank USA,  has launched an internal pilot program in the United States for its USDVBs, the US-dollar version of its proprietary Digital Deposit Receipts ("DDRs") (the "USDVB  Pilot Program").  Developed exclusively by VersaBank using its proprietary technology, DDRs are bank-issued tokenized deposits, which are highly encrypted 1:1 digital representations of actual cash deposits that provide superior security, stability, and regulatory compliance compared to stablecoins.
VERSABANK ANNOUNCES VERSABANK USA LAUNCH OF TOKENIZED DEPOSIT PILOT PROGRAM IN UNITED STATES
Neutral
PRNewsWire
26 days ago
VERSABANK TO HOST THIRD QUARTER FISCAL 2025 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST
Bank to Report Third Quarter Fiscal 2025 Results Thursday, September 4, 2025 at 7:00 a.m. ET LONDON, ON , Aug. 21, 2025 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) will report its third quarter 2025 financial results and host a conference call to discuss those results on Thursday, September 4, 2025.
VERSABANK TO HOST THIRD QUARTER FISCAL 2025 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST
Neutral
PRNewsWire
1 month ago
VERSABANK EXPANDS RECEIVABLE PURCHASE PROGRAM WITH LAUNCH OF SECURITIZED FINANCING SOLUTION AND APPOINTS VETERAN US EXECUTIVE TIMOTHY COMISKEY TO LEAD INITIATIVE
- Complementary Solution to Core RPP Offering Significantly Expands Addressable Market in Both US and Canada to Generate  Additional Asset and Earnings Growth – LONDON, ON, Aug. 14, 2025 /PRNewswire/ - VersaBank ("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 expanded its Receivable Purchase Program (RPP) in both the United States and Canada through the launch of a securitized financing solution for point-of-sale and other financing companies ("RPP Securitized Financing"). VersaBank's RPP Securitized Financing strategy will include investment in the senior-level tranches (typically AAA-rated level and subject to the Bank's normal credit approval process) of target securitized credit assets, as well as establish its own platform offering securitization of assets originated and owned by its financing partners.
VERSABANK EXPANDS RECEIVABLE PURCHASE PROGRAM WITH LAUNCH OF SECURITIZED FINANCING SOLUTION AND APPOINTS VETERAN US EXECUTIVE TIMOTHY COMISKEY TO LEAD INITIATIVE
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