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VERSABANK TO HOST THIRD QUARTER FISCAL 2024 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST THURSDAY, SEPTEMBER 5, 2024 at 9:00 A.M. ET
Prnewswire· 2024-08-21 11:00
Bank to Report Third Quarter Fiscal 2024 Results Thursday, September 5, 2024 at 7:00 a.m. ET LONDON, ON, Aug. 21, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) will report its third quarter 2024 financial results and host a conference call to discuss those results on Thursday, September 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 Tay ...
VERSABANK TO PRESENT AT TWO VIRTUAL INVESTOR CONFERENCES ON AUGUST 20, 2024
Prnewswire· 2024-08-16 11:00
Group 1 - VersaBank will present at two virtual investor conferences on August 20, 2024, including The Investor Summit Summer 2024 Virtual Forum and The MoneyShow Powerful Investing & Trading Strategies Expo [1][2] - David Taylor, President and CEO of VersaBank, will discuss the bank's transformational opportunity through entry into the US market during a "fireside chat" at the MoneyShow Expo [2] - VersaBank is a Canadian Schedule I chartered bank that operates as a fully digital financial institution, focusing on underserved segments of the Canadian banking market [3] Group 2 - The bank has received regulatory approvals to acquire a US OCC-licensed bank, enabling it to launch its Receivables Purchase Program in the US market [3] - VersaBank primarily conducts its operations electronically, providing innovative deposit and lending solutions for financial intermediaries [3] - The bank has established a subsidiary, DRT Cyber Inc., to address cybersecurity threats and develop solutions for financial institutions and corporations [3]
VERSABANK TO PARTICIPATE IN 25th ANNUAL KBW COMMUNITY BANK INVESTOR CONFERENCE JULY 30-31, 2024 IN NEW YORK CITY
Prnewswire· 2024-07-25 14:30
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 ...
VERSABANK RECEIVES CANADIAN REGULATORY APPROVAL FOR U.S. BANK ACQUISITON: TRANSACTION TARGETED TO CLOSE AUGUST 30, 2024
Prnewswire· 2024-06-25 11:00
– 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 ...
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(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 ...