LONDON, ON, Aug. 16, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced David Taylor, President and Chief Executive Officer, will present at the following virtual investor conferences on Tuesday, August 20, 2024: The Investor Summit Summer 2024 Virtual Forum at 10:30 a.m. ET. A live webcast of Mr. Taylor's presentation will be available to the public on the Bank's website at https://www.versabank.com/investorrelations/events-presentations/. VersaBank managem ...

LONDON, ON, July 25, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced management will participate in the 25th Annual KBW Community Bank Investor Conference to be held July 30-31, 2024 in New York City. VersaBank management will participate in one-on-one meetings throughout the conference. Those interested in meeting with VersaBank should contact their KBW representative or VersaBank investor relations through Lawrence Chamberlain at [email protected]. Vers ...

Messrs. Matrundola and Clarke will move from VersaBank Canada to their new roles at VersaBank USA. The appointments are subject to approval by the VersaBank USA board upon completion of the U.S. bank acquisition, which has been approved by both U.S. and Canadian regulators, and is scheduled for closing on August 30, 2024. Tel Matrundola joined VersaBank in 2003 as Vice President of Public & Corporate Affairs. In May 2016, he was appointed Chair of PWC Capital, the former parent company of VersaBank, later s ...

– Acquisition Will Enable VersaBank to Broadly Launch its Unique and Highly Successful Receivable Purchase Program (RPP) Financing Solution in the United States – Stearns Holdingford is an independent OCC-chartered national bank with US$79 million in assets located in Holdingford, Minnesota that is wholly owned by Stearns Financial Services, Inc. ("Stearns Financial"). Stearns Financial, a multi-bank holding company owning two additional and separate national bank charters, Stearns Bank Upsala National Asso ...

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. Mr. Campbell has more than 30 years of experience with the Canad ...

VersaBank is a Canadian Schedule I chartered (federally licensed) bank with a difference. VersaBank became the world's first fully digital financial institution when it adopted its highly efficient business-to-business model in 1993 using its proprietary state-of-the-art financial technology to profitably address underserved segments of the Canadian banking market in the pursuit of superior net interest margins while mitigating risk. VersaBank obtains all of its deposits and provides the majority of its loa ...

– 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"), ...

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 sec ...

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. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post earnings of $0.31 per share when it actually produced earnings of $0.36, delivering a surprise of 16.13%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. VersaBank, which belongs to the Za ...

VERSABANK Consolidated Balance Sheets (Unaudited) (thousands of Canadian dollars) | | | April 30 | | October 31 | | April 30 | | --- | --- | --- | --- | --- | --- | --- | | As at | | 2024 | | 2023 | | 2023 | | Assets | | | | | | | | Cash | $ | 198,808 | $ | 132,242 | $ | 223,661 | | Securities (note 4) | | 103,769 | | 167,940 | | 39,652 | | Loans, net of allowance for credit losses (note 5) | | 4,018,458 | | 3,850,404 | | 3,419,455 | | Other assets (note 6) | | 67,285 | | 51,024 | | 46,625 | | | $ | 4,388,3 ...