NASDAQ: VBNK | TSX: VBNK Dial-In to Ask Questions For those wishing to ask questions during the Q&A, please access today's call through the telephone dial-in: Toll-free: 1-888-699-1199 (Canada/US) Local: 416-945-7677 Advisory The Bank occasionally makes forward-looking statements about its objectives, operations and targeted financial results. These statements may be written or verbal and may be included in such things as press releases, corporate presentations, annual reports and other disclosure documents ...

Exhibit 99.1 For Immediate Release: December 10, 2025 Attention: Business Editors VERSABANK FOURTH QUARTER RESULTS DEMONSTRATE OPERATING LEVERAGE OF BUSINESS MODEL: STRONG GROWTH IN RPP ASSETS DRIVES RECORD REVENUE VersaBank's 2025 annual audited Consolidated Financial Statements and Management's Discussion and Analysis ("MD&A") will be available today online at www.versabank.com/investor-relations, SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov/edgar.shtml. Supplementary Financial Information will als ...

Core Insights - VersaBank reported strong financial results for the fourth quarter and fiscal year ended October 31, 2025, highlighting significant growth in its Digital Banking operations and credit assets [2][10][19]. Financial Performance - Consolidated total revenue increased by 29% year-over-year to a record $35.1 million, driven by a 20% increase in credit assets [10][13]. - Consolidated net income for the fourth quarter was $5.2 million, down from $5.5 million in the same quarter last year, impacted by one-time reorganization costs [10][13]. - Adjusted net income rose by 91% year-over-year to $10.5 million, reflecting improved operational efficiency [10][13]. - Total assets reached $5.8 billion, marking a 20% increase year-over-year, primarily due to growth in the Receivable Purchase Program (RPP) [10][22]. Digital Banking Operations - Total Digital Banking credit assets increased by 20% year-over-year to a record $5.07 billion, with significant contributions from both the US and Canadian RPP portfolios [12][22]. - Digital Banking operations revenue grew by 31% year-over-year to $32.9 million, driven by the expansion of credit assets [15][22]. - The net interest margin on credit assets was 2.65%, reflecting a 13% year-over-year increase due to lower funding costs [15][22]. Strategic Initiatives - The company plans to launch the first tokenized deposit in both US and Canadian currencies, leveraging its proprietary encryption technology [10][21]. - Anticipated growth in the RPP portfolio is expected to continue, particularly in the US market, which is viewed as a significant growth opportunity [10][19]. Shareholder Actions - As of October 31, 2025, the Bank has purchased and cancelled 573,251 common shares under its Normal Course Issuer Bid, representing approximately 8.99% of its public float [10][22].

Core Insights - VersaBank has completed additional funding with its US Receivable Purchase Program partner, Source One, bringing total fundings to over US$90 million [1] - The partnership with ECN Capital and Source One is expected to enhance operational efficiency and revenue generation in the point-of-sale financing market [2] - ECN Capital, through Source One, supports over 3,500 dealerships across 47 states, providing flexible financing solutions [3] Company Overview - VersaBank operates a branchless, digital banking model, focusing on underserved segments of the banking industry, leveraging proprietary technology for efficiency [5] - ECN Capital manages US$8.2 billion in assets, providing business services to banks and institutional investors, focusing on consumer and commercial loans [4] - Source One Financial Services is a subsidiary of ECN Capital, specializing in specialty lending and offering a comprehensive range of financing options [3]

Core Viewpoint - VersaBank is set to report its fourth quarter and fiscal year-end financial results for 2025 on December 10, 2025, with a conference call scheduled to discuss these results [1] Financial Reporting - The financial results will be released via news release at approximately 7:00 a.m. ET on the same day [1] - A conference call/webcast will take place at 9:00 a.m. ET, expected to last around 60 minutes, featuring presentations by the President and CFO [1] Participation Details - Participants can join the conference call by registering in advance for an automated call back or by dialing in directly [1] - A live webcast will also be available on the Bank's website, with an archived version accessible for 90 days post-event [1] Company Overview - VersaBank operates as a federally chartered bank in both Canada and the US, utilizing a branchless, digital business-to-business model [1] - The bank focuses on underserved segments of the banking industry, leveraging proprietary technology to enhance efficiency and return on common equity [1] - In August 2024, VersaBank launched its Receivable Purchase Program in the US, expanding its successful Canadian operations [1] - The bank owns DRT Cyber Inc., a leader in cybersecurity services, addressing the growing cyber threats faced by financial institutions and corporations [1]

Core Points - VersaBank has donated $50,000 to The Salvation Army's Harvest Hope campaign to combat food insecurity in Canada, particularly in London, Ontario, where the bank is headquartered [1][2] - The donation is part of a broader effort to support vulnerable communities amid a sluggish economy, as highlighted by the increased demand for food bank services [1][2] - Food Banks Canada reported that food bank usage has doubled since March 2019, with a 5.2% increase in usage this year compared to 2024 [1] - The Salvation Army distributed over 7 million pounds of food and served 2.6 million shelter meals in Ontario in 2024 [1] Company Overview - VersaBank operates as a federally chartered bank in both Canada and the US, utilizing a branchless, digital business-to-business model [7] - The bank focuses on underserved segments of the banking industry, leveraging proprietary technology to enhance efficiency and return on common equity [7] - VersaBank launched its Receivable Purchase Program in August 2024, targeting the underserved US market for point-of-sale finance companies [7] - The bank also owns DRT Cyber Inc., a leader in cybersecurity services, and Digital Meteor Inc., which focuses on next-generation digital assets [7] Industry Context - Food insecurity is identified as an urgent crisis in Ontario and Canada, necessitating support from organizations like VersaBank [2] - The Salvation Army plays a crucial role in providing various social services, including food banks, shelter, and rehabilitation programs across over 400 communities in Canada [5] - The final months of the year are critical for fundraising efforts for organizations like The Salvation Army, emphasizing the need for corporate support [4]

Group 1: Company Contributions and Community Impact - VersaBank has donated $50,000 to The Salvation Army's Harvest Hope campaign to combat food insecurity in Canada, particularly in London, Ontario, where the bank is headquartered [1] - The Salvation Army reported distributing over 7 million pounds of food and serving 2.6 million shelter meals in Ontario in 2024, highlighting the growing need for support in the community [1] - Captain Gina Haggett from The Salvation Army emphasized the importance of corporate support in providing essential services to vulnerable populations across Canada [2] Group 2: Economic Context and Urgency - Food bank usage in Canada has doubled since March 2019, with a 5.2% increase in usage reported this year compared to 2024, indicating a worsening food insecurity crisis [1] - The final months of the year are critical for fundraising efforts for The Salvation Army, as many organizations seek to support those in need during this time [4] Group 3: Company Background and Operations - VersaBank operates as a branchless, digital bank in North America, focusing on underserved segments of the banking industry through innovative technology [7] - The bank has launched a Receivable Purchase Program funding solution aimed at point-of-sale finance companies, which has been successful in Canada and is now targeting the U.S. market [7]

Core Insights - VersaBank is a North American leader in business-to-business digital banking and technology solutions for cybersecurity, participating in the KBW Fintech Payments Conference in New York City from November 11-13, 2025 [1] - The bank operates a branchless, digital model that allows it to profitably serve underserved segments of the banking industry while mitigating risks [2] - VersaBank launched its Receivable Purchase Program funding solution in August 2024, targeting the underserved multi-trillion-dollar US market, building on its success in Canada [2] - The bank owns DRT Cyber Inc., a leader in cybersecurity services, which enhances its capabilities in addressing cyber threats and developing next-generation digital assets [2] Company Overview - VersaBank is federally chartered in both Canada and the US, utilizing a proprietary technology to drive efficiency and return on common equity [2] - The bank's funding model relies heavily on electronic deposits through financial intermediary partners, providing significant operating leverage [2] - VersaBank's common shares are traded on the Toronto Stock Exchange and NASDAQ under the symbol VBNK [3]

Core Insights - VersaBank has entered into an agreement with its largest US Receivable Purchase Program (RPP) partner to utilize its core RPP in the United States [1][3] - The initial funding of US$61 million has been completed, bringing total US RPP fundings in fiscal 2025 to US$310 million, exceeding the year-end target of US$290 million [2][3] Financial Performance - Total US RPP fundings in fiscal 2025 comprised US$242 million from the core RPP offering and US$68 million from the Securitized RPP offering [2] - Year-end RPP assets reached US$293 million, with US$227 million from the core RPP and US$66 million from the Securitized RPP [2] Strategic Outlook - The company anticipates expanding its US assets significantly in fiscal 2026, driven by the momentum of both core and Securitized RPP offerings [3] - The partnership is expected to enhance the attractiveness of VersaBank's RPP and foster further relationships with new partners [3] Company Overview - VersaBank operates as a branchless, digital, business-to-business bank, leveraging proprietary technology to serve underserved segments of the banking industry [4] - The bank has launched its Receivable Purchase Program funding solution in the US market, which has been successful in Canada for nearly 15 years [4] - VersaBank also owns DRT Cyber Inc., a leader in cybersecurity services, and Digital Meteor Inc., which focuses on next-generation digital assets [4]

Summary of VersaBank Conference Call Company Overview - **Company**: VersaBank - **Industry**: Banking, specifically branchless digital banking utilizing blockchain technology - **Unique Model**: Operates in a cloud environment without direct interaction with depositors or borrowers, relying on partners for deposits and loans [1][2] Key Points and Arguments - **Interest Margin**: VersaBank averages a 2.5% spread, which is significantly higher than the Canadian banking industry average by 30-40% [2] - **Loan Losses**: The bank has successfully avoided bad loans and collection departments, which is atypical in the banking sector [2] - **National Bank License**: Achieved a national bank license in the U.S., a significant milestone as it was the first in 18 years for Canada [3] - **Point-of-Sale Lending**: Focuses on point-of-sale loans, particularly in home improvement, which has shown resilience even during economic downturns [6][8] - **Growth Strategy**: Plans to expand into the U.S. market with its point-of-sale program, which is considered a new product in the U.S. [8][9] - **Securitization Product**: Launched a securitization product in the U.S. to cater to large point-of-sale companies using asset-backed securities [9] - **AI Integration**: Developed an AI model to enhance efficiency in loan adjudication, significantly speeding up the process compared to human review [10][21] Regulatory Environment - **Stable Coins**: Discussed the regulatory landscape surrounding stable coins and how VersaBank's tokenized deposits could serve as a safer alternative [11][12] - **Regulatory Support**: Gained positive attention from U.S. regulators, indicating a welcoming environment for its innovative banking solutions [17][18] Financial Outlook - **Potential Earnings**: If VersaBank captures a portion of the USDC market, it could generate significant pre-tax income by investing in U.S. Treasuries [34][35] - **Cash Management**: The bank is adjusting cash holdback requirements based on portfolio performance, indicating a proactive approach to risk management [20][21] Additional Insights - **Cybersecurity**: Established a cybersecurity firm, DRT Cyber, to enhance security measures, led by a former BlackBerry cybersecurity expert [31][32] - **Market Positioning**: Positioned as a leader in the digital banking space, with a focus on innovative products that meet regulatory standards [19][29] - **Partnerships**: Currently working with major deposit brokers in Canada and the U.S. to secure deposits and expand its market reach [26][27] Conclusion - **Investment Opportunity**: VersaBank presents a compelling investment opportunity due to its unique business model, regulatory support, and potential for significant growth in the U.S. market [19][36]