VersaBank

VersaBank engages in the provision of financial services. It operates through Digital Banking and DRTC. The Digital Banking segment offers business to business model using its financial technoolgy to address issues in the US banking market. The DRTC segment refers to developed IT security software and capabilities. The company was founded by David Roy Taylor on January 18, 1993 and is headquartered in London, Canada.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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VersaBank engages in the provision of financial services. It operates through Digital Banking and DRTC. The Digital Banking segment offers business to business model using its financial technoolgy to address issues in the U.S. banking market. The DRTC segment refers to developed IT security software and capabilities. The company was founded by David Roy Taylor on January 18, 1993 and is headquartered in London, Canada.

VersaBank (VBNK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can VersaBank (VBNK) Run Higher on Rising Earnings Estimates?

VersaBank (NASDAQ:VBNK ) Q2 2023 Earnings Conference Call June 7, 2023 9:00 AM ET Company Participants David Taylor - President, Chief Executive Officer Shawn Clarke - Chief Financial Officer Conference Call Participants David Feaster - Raymond James Stephen Lange Ranzini - University Bank Abhilash Shashidharan - KBW Research Operator Good morning ladies and gentlemen. Welcome to VersaBank's second quarter fiscal 2023 financial results conference call.

VersaBank (VBNK) Q2 2023 Earnings Call Transcript

VersaBank (VBNK) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.13 per share a year ago.

VersaBank (VBNK) Beats Q2 Earnings and Revenue Estimates

– Digital Banking Operations Benefitting from Significant Operating Leverage as  Loan Portfolio  Continues to Experience Strong Growth – All amounts are unaudited and in Canadian dollars and are based on financial statements prepared in compliance with International Accounting Standard 34 Interim Financial Reporting, unless otherwise noted. Our second quarter 2023 ("Q2 2023") unaudited Interim Consolidated Financial Statements for the period ended April 30, 2023 and Management's Discussion and Analysis ("MD&A"), are available online at www.versabank.com/investor-relations, SEDAR at www.sedar.com and EDGAR at www.sec.gov/edgar.shtml.

VERSABANK REPORTS CONTINUED STRONG RESULTS FOR SECOND QUARTER 2023 HIGHLIGHTED BY 108% YEAR-OVER-YEAR GROWTH IN NET INCOME TO $10.3 MILLION

Bank to Report Second Quarter Fiscal 2023 Results Wednesday, June 7, 2023 at 7:00 a.m. ET LONDON, ON , May 24, 2023 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) will report its second quarter 2023 financial results and host a conference call to discuss those results on Wednesday, June 7, 2023.

VERSABANK TO HOST SECOND QUARTER FISCAL 2023 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST WEDNESDAY, JUNE 7, 2023 at 9:00 A.M. ET

LONDON, ON , May 4, 2023 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced Gurpreet Sahota has been appointed President of its wholly owned subsidiary, DRT Cyber Inc. ("DRTC").  Based in Washington, D.C.

VERSABANK ANNOUNCES DRT CYBER INC. APPOINTMENTS: GURPREET SAHOTA TO PRESIDENT AND LAURA YOUNG TO CFO

LONDON, ON , April 20, 2023 /PRNewswire/ - VersaBank (TSX: VBNK) (NASDAQ: VBNK) ("VersaBank" or the "Bank") reports the results of its 2023 Annual and Special Meeting of Shareholders (the "Meeting") held in Toronto, Ontario on April 19, 2023. Each of the director nominees listed in VersaBank's Management Information Circular dated February 24, 2023, were elected as directors of the Bank.

VERSABANK ANNOUNCES THE RESULTS OF ITS 2023 MEETING OF SHAREHOLDERS

LONDON, ON, March 28, 2023 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a leader in digital banking and cybersecurity solutions, today announced that David Taylor, President and Chief Executive Officer, will present virtually at the Investor Summit Conference on on Wednesday, March 29 – 10:30 am ET. A webcast of the presentation will be available in the investor relations section of VersaBank's website at  www.versabank.com on the "Quarterly Info, Events and Presentations" page.

VERSABANK TO PRESENT AT INVESTOR SUMMIT CONFERENCE ON WEDNESDAY, MARCH 29, 2023 AT 10:30 AM ET

LONDON, ON, March 17, 2023 /PRNewswire/ - VersaBank (the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced its upcoming annual and special meeting of shareholders (the "Meeting") will be held at the TMX Market Centre, 120 Adelaide Street West, Toronto on Wednesday, April 19, 2023 at 10:30 a.m. and will also be live-streamed.

VERSABANK'S 2023 ANNUAL AND SPECIAL MEETING TO BE HELD ON APRIL 19, 2023 - MEETING WILL ALSO BE LIVE STREAMED

VersaBank (NASDAQ:VBNK ) Q1 2023 Results Conference Call March 8, 2023 9:00 AM ET Company Participants David Taylor - President, CEO Shawn Clarke - CFO Conference Call Participants David Feaster - Raymond James Mike Rizvanovic - KBW Research Stephanie Woo - LodeRock Research Trevor Reynolds - Acumen Capital Brad Ness - Choral Capital Operator Good morning, ladies and gentlemen. Welcome to VersaBank's First Quarter Fiscal 2023 Financial Results Conference Call.

VersaBank (VBNK) Q1 2023 Earnings Call Transcript

–  Digital Banking Operations Realizing Significant Operating Leverage from Strong Loan Portfolio Growth as Transitory Costs for Growth Initiatives Substantially Dissipate – All amounts are unaudited and in Canadian dollars and are based on financial statements prepared in compliance with International Accounting Standard 34 Interim Financial Reporting, unless otherwise noted. Our first quarter 2023 ("Q1 2023") unaudited Interim Consolidated Financial Statements for the period ended January 31, 2023 and Management's Discussion and Analysis ("MD&A"), are available online at www.versabank.com/investor-relations, SEDAR at www.sedar.com and EDGAR at www.sec.gov/edgar.shtml.

VERSABANK REPORTS CONTINUED STRONG RESULTS FOR FIRST QUARTER 2023 HIGHLIGHTED BY 69% YEAR-OVER-YEAR GROWTH IN NET INCOME TO RECORD $9.4 MILLION

Bank to Report First Quarter Fiscal 2023 Results Wednesday, March 8, 2023 at 7:00 a.m. ET LONDON, ON , Feb. 22, 2023 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) will report its first quarter 2023 financial results and host a conference call to discuss those results on Wednesday, March 8, 2023.

VERSABANK TO HOST FIRST QUARTER FISCAL 2023 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST WEDNESDAY, MARCH 8, 2023 at 9:00 A.M. ET

This joint press release is being issued pursuant to section 5.2 of National Instrument 62-104 – Take-Over Bids and Issuer Bids. LONDON, ON , Dec. 8, 2022 /PRNewswire/ - As part of a reorganization of its holdings in VersaBank, 340268 Ontario Limited ("340") announced today that it has agreed to transfer 8,135,892 common shares ("Common Shares") of VersaBank to GBH Inc. ("GBH") by means of a private transaction (the "Transaction").

340268 ONTARIO LIMITED REORGANIZES ITS HOLDING IN VERSABANK

VersaBank [VBNK] Q4 2022 Earnings Conference Call December 7, 2022 9:00 AM ET Company Participants David Taylor - President & CEO Shawn Clarke - CFO Conference Call Participants Greg MacDonald - LodeRock Research Stephen Ranzini - University Bank Brad Ness - Choral Capital Operator Good morning, ladies and gentlemen. Welcome to VersaBank's fourth quarter and year-end fiscal 2022 financial results conference call.

VersaBank (VBNK) Q4 2022 Earnings Call Transcript

– Fourth Quarter and Fiscal 2022 Highlighted by Another Record Loan Portfolio and Record Revenue, Net Interest Income and Net Income – VersaBank's 2022 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.sedar.com and EDGAR at www.sec.gov/edgar.shtml. Supplementary Financial Information will also be available on our website at www.versabank.com/investor-relations.

VERSABANK REPORTS RECORD FOURTH QUARTER AND FISCAL 2022 FINANCIAL RESULTS

LONDON, ON , Nov. 23, 2022 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) will release its fourth quarter and annual 2022 financial results and host an earnings conference call on Wednesday, December 7, 2022. Financial results are expected to be released at approximately 7:00 a.m.

VERSABANK TO ANNOUNCE FOURTH QUARTER AND ANNUAL 2022 FINANCIAL RESULTS ON DECEMBER 7, 2022

LONDON, ON, Nov. 14, 2022 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a leader in digital banking and cyber security solutions, today announced that David Taylor, President and Chief Executive Officer, will present virtually at the Investor Summit Conference on Tuesday, November 15, 2022 at 10:00 a.m. ET. A webcast of the presentation will be available to the public on the Events & Presentations page of the Investor Relations section of VersaBank's website here: Events & Presentations – VersaBank.

VERSABANK TO PRESENT AT INVESTOR SUMMIT CONFERENCE ON TUESDAY, NOVEMBER 15, 2022 AT 10:00 AM ET

LONDON, ON , Nov. 14, 2022 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced that it has initiated an internal pilot program of a new Digital Deposit Receipts ("DDRs"), which will be undertaken exclusively within Canada. The purpose of the internal pilot program is to validate the security, processes, procedures and protocols of the Bank's new DDR model called "CADV" (for the Canadian-dollar version).

VERSABANK INITIATES INTERNAL PILOT PROGRAM IN CANADA FOR NEW DIGITAL DEPOSIT RECEIPT WITH INTERNAL E-WALLET DEPOSIT ACCOUNTS

LONDON, ON , Sept. 21, 2022 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK; NASDAQ: VBNK), announced today that the Toronto Stock Exchange ("TSX") has approved an amendment to the Bank's existing/current Normal Course Issuer Bid ("NCIB") for its common shares announced on August 15, 2022 to expand purchases for cancellation to the Nasdaq Global Select Market (the "Nasdaq").

VERSABANK ANNOUNCES APPROVAL FOR AMENDMENT TO NORMAL COURSE ISSUER BID

VersaBank (NASDAQ:VBNK ) Q3 2022 Earnings Conference Call August 31, 2022 9:00 AM ET Company Participants David Taylor – President and Chief Executive Officer Shawn Clarke – Chief Financial Officer Conference Call Participants Greg MacDonald – LodeRock Research Bradley Ness – Choral Capital Operator Good morning, ladies and gentlemen. Welcome to VersaBank's Third Quarter 2022 Financial Results Conference Call.

VersaBank's (VBNK) Q3 2022 Earnings Call Transcript

– Quarter Highlighted by Another Record Loan Portfolio, Driven by 75% Year-Over-Year Growth in Canadian Point-of-Sale Financing Business, and Record Revenue and Record Net Interest Income – All amounts are unaudited and in Canadian dollars and are based on financial statements prepared in compliance with International Accounting Standard 34 Interim Financial Reporting, unless otherwise noted. Our third quarter 2022 ("Q3 2022") unaudited Interim Consolidated Financial Statements for the period ended July 31, 2022 and Management's Discussion and Analysis ("MD&A"), are available online at www.versabank.com/investor-relations, SEDAR at www.sedar.com and EDGAR at www.sec.gov/edgar.shtml.

VERSABANK REPORTS CONTINUED STRONG RESULTS FOR THIRD QUARTER 2022

LONDON, ON , Aug. 17, 2022 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) will release its third quarter 2022 financial results and host an earnings conference call on Wednesday, August 31, 2022. Financial results are expected to be released at approximately 7:00 a.m.

VERSABANK TO ANNOUNCE THIRD QUARTER 2022 FINANCIAL RESULTS ON AUGUST 31, 2022

LONDON, ON , Aug. 15, 2022 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), today announced that it has received approval from the Toronto Stock Exchange ("TSX") to proceed with a Normal Course Issuer Bid ("NCIB") for its common shares. "Recent market conditions have presented an exceptional opportunity to purchase VersaBank shares at an attractive value and this NCIB represents an excellent use of our capital," said David Taylor, President and Chief Executive Officer, VersaBank.

VERSABANK RECEIVES TSX APPROVAL FOR NORMAL COURSE ISSUER BID

LONDON, ON, June 15, 2022 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a leader in digital banking and cyber security solutions, today announced that David Taylor, President and Chief Executive Officer, is scheduled to present at the Sidoti & Company Virtual Investor Conference on Thursday, June 16 at 10:45 a.m. ET. A webcast of the presentation will be available in the Investor Relations section of VersaBank's website at www.versabank.com.

VERSABANK TO PARTICIPATE AT SIDOTI & COMPANY VIRTUAL INVESTOR CONFERENCE ON THURSDAY, JUNE 16, 2022 10:45 AM ET

LONDON, ON , June 14, 2022 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a leader in digital banking and cyber security solutions, today announced that, through its wholly owned U.S. subsidiary, VersaHoldings US Corp., it has signed a definitive agreement to acquire Minnesota-based Stearns Bank Holdingford, N.A. ("SBH"), a privately held, wholly owned subsidiary of Stearns Financial Services Inc. ("SFSI") based in St. Cloud, Minnesota, for an estimated US$13.5million (CA$17.4 million) (subject to adjustment at closing).

News for VersaBank Stock (VBNK)