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VersaBankNASDAQ: VBNK

Profile

Country:

Canada

IPO:

27 August 2021

Next earnings report:

30 August 2024

Last dividends:

04 April 2024

Next dividends:

05 July 2024
$283.01 M
-21%vs. 3y high
45%vs. sector
-52%vs. 3y high
20%vs. sector
-42%vs. 3y high
42%vs. sector
-51%vs. 3y high
72%vs. sector

Price

regular market | Mon, 24 Jun 2024 13:30:00 GMT
$10.90+$0.22(+2.06%)
$21.00 M$21.60 M
$21.00 M$8.71 M

Analysts recommendations

Institutional Ownership

VBNK Latest News

VERSABANK RECEIVES CANADIAN REGULATORY APPROVAL FOR U.S. BANK ACQUISITON: TRANSACTION TARGETED TO CLOSE AUGUST 30, 2024
prnewswire.com25 June 2024 Sentiment: -

–  Acquisition Will Enable VersaBank to Broadly Launch its Unique and Highly Successful Receivable Purchase Program (RPP) Financing Solution in the United States – LONDON, ON , June 25, 2024 /PRNewswire/ - VersaBank (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced that it has received approval from  its Canadian regulator, the Office of the Superintendent of Financial Institutions (OSFI), to proceed with VersaBank's acquisition of Minnesota-based Stearns Bank Holdingford N.A. ("Stearns Holdingford") (the "U.S. Bank Acquisition").

VERSABANK ANNOUNCES APPOINTMENT OF LONG STANDING CANADIAN FEDERAL OFFICIAL GLENN CAMPBELL AS ADVISOR TO BOARD
prnewswire.com17 June 2024 Sentiment: -

LONDON, ON , June 17, 2024 /PRNewswire/ - VersaBank (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 appointed Glenn Campbell as Advisor to its Board of Directors. Mr. Campbell will be available to advise VersaBank's Board on a number of matters to ensure the Bank is well positioned for its proposed entry into the United States.

VERSABANK RECEIVES FINAL U.S. APPROVAL FOR U.S. BANK ACQUISITON
prnewswire.com14 June 2024 Sentiment: -

– Acquisition Will Enable VersaBank to Broadly Launch its Unique and Highly Successful Receivable Purchase Program Financing Solution in the United States – LONDON, ON , June 14, 2024 /PRNewswire/ - VersaBank (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced that it has received approval from the Office of the Comptroller of the Currency (the "OCC"), the primary regulator of banks chartered under the United States National Bank Act, to proceed with its proposed acquisition of Minnesota-based Stearns Bank Holdingford N.A. ("Stearns Holdingford").

VersaBank (VBNK) Gets Fed Nod for Stearns Bank Holdingford Deal
zacks.com10 June 2024 Sentiment: -

VersaBank (VBNK) gets the Fed's approval to acquire Stearns Bank Holdingford. The deal will enable the company to broadly introduce its Receivable Purchase Program (RPP) in the United States.

VERSABANK RECEIVES FIRST OF TWO U.S. APPROVALS FOR U.S. BANK ACQUISITION
prnewswire.com07 June 2024 Sentiment: POSITIVE

– Acquisition Would Enable VersaBank to Broadly Launch its Unique and Highly Successful Receivable Purchase Program Financing Solution in the United States – LONDON, ON , June 7, 2024 /PRNewswire/ - VersaBank (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 received formal approval of its proposed acquisition of Minnesota-based Stearns Bank Holdingford (the "Stearns Holdingford Acquisition"), a national OCC-licensed bank, from the U.S. Federal Reserve. The Federal Reserve is one of two U.S. regulatory approvals required for VersaBank to proceed with the Stearns Holdingford Acquisition.

VersaBank (VBNK) Meets Q2 Earnings Estimates
zacks.com05 June 2024 Sentiment: POSITIVE

VersaBank (VBNK) came out with quarterly earnings of $0.33 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.28 per share a year ago.

VersaBank (VBNK) Q2 2024 Earnings Call Transcript
seekingalpha.com05 June 2024 Sentiment: POSITIVE

Start Time: 09:00 January 1, 0000 9:35 AM ET VersaBank (NASDAQ:VBNK ) Q2 2024 Earnings Conference Call June 05, 2024, 09:00 AM ET Company Participants David Taylor - President and CEO John Asma - CFO Conference Call Participants David Feaster - Raymond James Mike Rizvanovic - KBW Research Operator Good morning, ladies and gentlemen, and welcome to VersaBank's Second Quarter Fiscal 2024 Financial Results Conference Call. This morning, VersaBank issued a news release reporting its financial results for the second quarter ended April 30, 2024.

VersaBank (VBNK) Surpasses Q1 Earnings Estimates
Zacks Investment Research06 March 2024 Sentiment: POSITIVE

VersaBank (VBNK) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.25 per share a year ago.

VersaBank (VBNK) Q4 2023 Earnings Call Transcript
Seeking Alpha13 December 2023 Sentiment: POSITIVE

VersaBank (NASDAQ:VBNK ) Q4 2023 Earnings Conference Call December 13, 2023 9:00 AM ET Company Participants David Taylor - President and Chief Executive Officer Shawn Clarke - Chief Financial Officer Conference Call Participants David Feaster - Raymond James Operator Good morning, ladies and gentlemen. Welcome to VersaBank's Fourth Quarter and Year End Fiscal 2023 Financial Results Conference Call.

VersaBank (VBNK) Surpasses Q4 Earnings Estimates
Zacks Investment Research13 December 2023 Sentiment: POSITIVE

VersaBank (VBNK) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.17 per share a year ago.

What type of business is VersaBank?

VersaBank, a schedule I chartered bank, provides various banking products and services in Canada. The company offers deposit products, such as guaranteed investment certificates, registered retirement savings plans, daily interest savings accounts, and tax-free savings accounts, as well as deposit insurance products. It also provides lending services, including point of sale financing that involves purchasing loan and lease receivables from finance companies operating in various industries; and commercial banking services comprising commercial real estate, public sector/infrastructure financing, condominium financing, and residential mortgages. The company was formerly known as Pacific & Western Bank of Canada and changed its name to VersaBank in May 2016. VersaBank was incorporated in 1979 and is headquartered in London, Canada.

What sector is VersaBank in?

VersaBank is in the Financial Services sector

What industry is VersaBank in?

VersaBank is in the Banks - Regional industry

What country is VersaBank from?

VersaBank is headquartered in Canada

When did VersaBank go public?

VersaBank initial public offering (IPO) was on 27 August 2021

What is VersaBank website?

https://www.versabank.com

Is VersaBank in the S&P 500?

No, VersaBank is not included in the S&P 500 index

Is VersaBank in the NASDAQ 100?

No, VersaBank is not included in the NASDAQ 100 index

Is VersaBank in the Dow Jones?

No, VersaBank is not included in the Dow Jones index

When does VersaBank report earnings?

The next expected earnings date for VersaBank is 30 August 2024