VersaBank

VBNK

Market cap $619M

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.

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.