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VERSABANK ANNOUNCES APPOINTMENT OF LONG STANDING CANADIAN FEDERAL OFFICIAL GLENN CAMPBELL AS ADVISOR TO BOARD
Prnewswire· 2024-06-17 11:00
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 RECEIVES FINAL U.S. APPROVAL FOR U.S. BANK ACQUISITON
Prnewswire· 2024-06-14 11:00
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 ...
VERSABANK RECEIVES FIRST OF TWO U.S. APPROVALS FOR U.S. BANK ACQUISITION
Prnewswire· 2024-06-07 11:00
– 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"), ...
VersaBank(VBNK) - 2024 Q2 - Earnings Call Transcript
2024-06-05 16:30
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) Meets Q2 Earnings Estimates
ZACKS· 2024-06-05 13:16
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(VBNK) - 2024 Q2 - Quarterly Report
2024-06-05 11:10
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 ...
VERSABANK DECLARES DIVIDENDS
Prnewswire· 2024-06-05 11:00
LONDON, ON, June 5, 2024 /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 and CAD $0.1693 per Series 1 Preferred Share of the Bank, have been declared for the quarter ending July 31, 2024, payable as of July 31, 2024, to shareholders of record at the close of business on July 5, 2024. The dividends to which this notice relates are eligible dividends for tax purposes. About VersaBank VersaBank is a Ca ...
VERSABANK TO PARTICIPATE IN MICROCAP RODEO CONFERENCE JUNE 6, 2024 IN NEW YORK CITY
Prnewswire· 2024-06-03 14:30
LONDON, ON, June 3, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced management will participate in the MicroCap Rodeo Conference to be held Thursday, June 6, 2024 in New York City. David Taylor, President and CEO, will present at 3:00 p.m. ET. A live webcast of the presentation will be available on the Bank's website at https://www.versabank.com/investor-relations/events-presentations/. Versabank will participate in one-on-one meetings on Thursday, June 6 ...
VERSABANK TO HOST SECOND QUARTER FISCAL 2024 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST WEDNESDAY, JUNE 5, 2024 at 9:00 A.M. ET
prnewswire.com· 2024-05-22 11:30
Bank to Report Second Quarter Fiscal 2024 Results Wednesday, June 5, 2024 at 7:00 a.m. ET LONDON, ON, May 22, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) will report its second quarter 2024 financial results and host a conference call to discuss those results on Wednesday, June 5, 2024. The conference call/webcast is scheduled for 9:00 a.m. ET and is expected to last approximately 60 minutes. The conference call/webcast will include a presentation by David Taylor, Pr ...
VersaBank(VBNK) - 2024 Q1 - Earnings Call Transcript
2024-03-06 16:30
VersaBank (NASDAQ:VBNK) Q1 2024 Results Conference Call March 6, 2024 9:00 AM ET Company Participants David Taylor - President and Chief Executive Officer John Asma - Chief Financial Officer Conference Call Participants David Feaster - Raymond James Mike Rizvanovic - KBW Stephen Ranzini - University Bank Operator Good morning, ladies and gentlemen. Welcome to VersaBank's First Quarter Fiscal 2024 Financial Results Conference Call. This morning, VersaBank issued news release, reporting its financial results ...