
Company Overview - VersaBank is a North American bank with a branchless, digital, business-to-business model that utilizes proprietary technology to serve underserved segments of the banking industry in a risk-mitigated manner [5] - The bank primarily conducts its operations electronically through financial intermediary partners, which enhances its operational efficiency and return on common equity [5] - VersaBank launched its Receivable Purchase Program (RPP) in August 2024, targeting the underserved multi-trillion-dollar US market, building on its successful experience in Canada [5] - The bank also owns DRT Cyber Inc., a leader in providing cybersecurity services to combat increasing cyber threats faced by financial institutions and government entities [5] Upcoming Financial Results - VersaBank will report its first quarter fiscal 2025 financial results on March 5, 2025, at 7:00 a.m. ET [1] - A conference call/webcast will follow at 9:00 a.m. ET, featuring presentations by the President & CEO David Taylor and CFO John Asma, along with a Q&A session [1] - The financial results will be disseminated via a news release prior to the conference call [1]