VBNK
VersaBankVBNK
VBNK
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 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
2,200% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 1
186% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 7
115% more capital invested
Capital invested by funds: $71M [Q3] → $152M (+$81.3M) [Q4]
76% more funds holding
Funds holding: 29 [Q3] → 51 (+22) [Q4]
21.34% more ownership
Funds ownership: 20.49% [Q3] → 41.83% (+21.34%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for VBNK.
Financial journalist opinion
Based on 4 articles about VBNK published over the past 30 days
Neutral
PRNewsWire
2 days ago
VERSABANK RECEIVES TSX APPROVAL FOR NORMAL COURSE ISSUER BID
LONDON, ON , April 28, 2025 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), today announced that it has received approval from the Toronto Stock Exchange ("TSX") to proceed with a Normal Course Issuer Bid ("NCIB") for its common shares. "In the fiscal 2025 year to date, VersaBank has delivered considerable year-over-year growth in profitability, which, having reached a critical scale in our loan portfolio, is translating into outsized improvements in our efficiency ratio and return on common equity," said David Taylor, President and Chief Executive Officer, VersaBank.
Neutral
PRNewsWire
5 days ago
VERSABANK ANNOUNCES THE RESULTS OF ITS 2025 MEETING OF SHAREHOLDERS
LONDON, ON, April 25, 2025 /PRNewswire/ - VersaBank (TSX: VBNK) (NASDAQ: VBNK) ("VersaBank" or the "Bank") reports the results of its 2025 Annual Meeting of Shareholders (the "Meeting") held in London, Ontario on April 24, 2025. Each of the director nominees listed in VersaBank's Management Information Circular dated February 28, 2025, were elected as directors of the Bank.
Neutral
PRNewsWire
1 week ago
VERSABANK'S 2025 ANNUAL MEETING ON APRIL 24 TO BE LIVESTREAMED FROM NASDAQ MARKETSITE IN NEW YORK CITY / BANK TO RING NASDAQ CLOSING BELL APRIL 25
LONDON, ON, April 22, 2025 /PRNewswire/ - VersaBank (the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced its upcoming annual meeting of shareholders (the "Meeting") will be held at the VersaBank Innovation Centre of Excellence, 1979 Otter Place, London, Ontario on Thursday, April 24, 2025 at 10:30 a.m. and will be livestreamed from the Nasdaq MarketSite in New York City.
Neutral
PRNewsWire
1 week ago
VERSABANK ADDS SECOND US RPP PARTNER; RAPIDLY SURPASSES US$70 MILLION IN US RPP ASSETS IN JUST 75 DAYS
- Bank on Target to Achieve US$290M in US RPP in Fiscal 2025 - - Bank's Overall Net Interest Margin for Quarter to Date Expands Meaningfully - - Bank Adds BMO Nesbitt Burns to Canada Deposit Broker Network - - CMHC-Insured Real Estate Loan Commitments on Track to Reach $1 Billion Target by Fiscal Year End - LONDON, ON, April 17, 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, through its wholly owned subsidiary, VersaBank USA National Association, it has entered into an agreement with its second US Receivable Purchase Program ("RPP") partner under which the partner will leverage VersaBank's innovative RPP to fund a portion of its loan and lease originations. VersaBank also announced its US RPP portfolio has surpassed US$70 million (approximately CAD$100 million) in assets in only 75 days since adding its first partner US RPP partner on January 30, 2025.
Neutral
PRNewsWire
1 month ago
VERSABANK TO PARTICIPATE IN 37TH ANNUAL ROTH CONFERENCE IN DANA POINT CALIFORNIA MARCH 16-18, 2025
LONDON, ON , March 13, 2025 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK; NASDAQ: VBNK) today announced management will participate in the 37th Annual ROTH Conference to be held March 16-18, 2025 in Dana Point, California. VersaBank management will be participating in one-on-one meetings throughout the conference.
Neutral
Seeking Alpha
1 month ago
VersaBank (VBNK) Q1 2025 Earnings Call Transcript
Start Time: 09:00 January 1, 0000 9:33 AM ET VersaBank (NASDAQ:VBNK ) Q1 2025 Earnings Call Transcript March 05, 2025, 09:00 AM ET Company Participants David Taylor - President and CEO John Asma - CFO Conference Call Participants Joe Yanchunis - Raymond James Tim Switzer - KBW Andrew Scutt - Roth Capital Partners Operator Good morning, ladies and gentlemen. Welcome to VersaBank's First Quarter Fiscal 2025 Financial Results Conference Call.
Negative
Zacks Investment Research
1 month ago
VersaBank (VBNK) Q1 Earnings and Revenues Lag Estimates
VersaBank (VBNK) came out with quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.36 per share a year ago.
Neutral
PRNewsWire
1 month ago
VERSABANK DECLARES DIVIDENDS
LONDON, ON , March 5, 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 April 30, 2025, payable as of April 30, 2025, to shareholders of record at the close of business on April 4, 2025. The dividends to which this notice relates are eligible dividends for tax purposes.
Neutral
PRNewsWire
1 month ago
VERSABANK FIRST QUARTER 2025 RESULTS CONTINUE TO DEMONSTRATE STRENGTH OF BUSINESS MODEL AS BANK RAMPS UP PROVEN RPP SOLUTION IN US MARKET
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 first quarter 2025 ("Q1 2025") unaudited Interim Consolidated Financial Statements for the period ended January 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.
Neutral
PRNewsWire
2 months ago
VERSABANK TO HOST FIRST QUARTER FISCAL 2025 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST WEDNESDAY, MARCH 5, 2025 at 9:00 A.M. ET
Bank to Report First Quarter Fiscal 2025 Results Wednesday, March 5, 2025 at 7:00 a.m. ET LONDON, ON , Feb. 19, 2025 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) will report its first quarter 2025 financial results and host a conference call to discuss those results on Wednesday, March 5, 2025.
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