Versabank Stock Price, News & Analysis

VersaBank (TSX: VBNK) donated $50,000 to The Salvation Army's Harvest Hope campaign on Nov 26, 2025 to address food insecurity across Canada and locally in London, Ontario.

The release cites Food Banks Canada data showing food bank usage has doubled since March 2019 and is +5.2% year-over-year versus 2024; The Salvation Army reported distributing 7+ million pounds of food and serving 2.6 million shelter meals in Ontario in 2024. VersaBank leadership urged other businesses to support year-end fundraising efforts.

VersaBank (TSX:VBNK; NASDAQ:VBNK) launched an Enhanced CMHC Program to use its Canadian Mortgage Bond (CMB) allocation to invest in CMHC‑insured multi‑unit residential (MUR) term mortgages originated by established partners. The program is expected to generate a minimum of $2 million of incremental revenue in fiscal 2026 with de minimis additional operating expenses and requires minimal regulatory capital.

The Enhanced CMHC Program earns fixed securitization fees on mortgages held in the Canada Housing Trust that issue CMBs, and it creates the option to transfer existing MUR construction mortgages (over $920 million in commitments) into the program for incremental fees. The company cited the 2025 federal budget raising the CMB annual issuance limit from $60B to $80B starting in 2026 as additional opportunity for the program.

VersaBank (TSX: VBNK, NASDAQ: VBNK) announced that management will attend the KBW Fintech Payments Conference in New York City on November 11–13, 2025.

Management plans to hold one-on-one meetings during the conference to discuss the bank's digital banking and technology solutions for cybersecurity.

VersaBank (TSX: VBNK) announced on Nov 3, 2025 that its US subsidiary, VersaBank USA, has signed an agreement with its largest US Receivable Purchase Program (RPP) partner to date and completed an initial US$61 million funding.

Total US RPP fundings in fiscal 2025 reached US$310 million, comprised of US$242 million via the core RPP and US$68 million via the Securitized RPP. RPP assets at year end were US$293 million (core US$227 million; securitized US$66 million), surpassing the Bank's first‑year target of US$290 million. Management said both offerings are gaining momentum in the US and expects to expand US assets by at least "several fold" in fiscal 2026.

VersaBank (TSX: VBNK / NASDAQ: VBNK) unveiled branding for its proprietary Digital Deposit Receipts as VersaBank Real Bank Deposit Tokens™ (RBDTs™) on October 27, 2025. The brand emphasizes that RBDTs™ are issued by a federally licensed bank in both the United States and Canada, which the company says enables legally permitted interest payments and deposit insurance—features the announcement distinguishes from non‑bank stablecoins. The release states RBDTs™ represent actual cash deposits held by the bank and recorded on the blockchain. VersaBank says it is preparing for the anticipated commercialization in the coming months and highlights its position as a dual‑chartered national bank running cross‑border pilot programs in the US and Canada.

VersaBank (TSX: VBNK) announced on Oct 6, 2025 that its US subsidiary, VersaBank USA, signed an agreement with Virginia-based Thrive Financial to provide its Receivable Purchase Program (RPP) for Thrive's point-of-sale home improvement financing platform.

The bank completed an initial funding immediately and said home-improvement financing is a major growth driver. VersaBank reiterated a US RPP portfolio target of US$290 million and noted growing demand for its recently added securitized financing option, with several fundings completed, including two new partners.

VersaBank (NASDAQ:VBNK) has implemented new internally developed artificial intelligence capabilities within its core banking technology. The AI system enables real-time monitoring of the bank's Receivable Purchase Program (RPP) portfolio, enhancing its low-risk credit asset model.

The bank plans to leverage these AI capabilities to develop innovative financing options within its RPP, including real-time purchasing of cash flow streams. This technology advancement aims to expand market share in Canada and support the company's upcoming launch in the United States.

VersaBank (NASDAQ: VBNK) has announced the refresh of its Digital Deposit Receipts (DDRs) pilot program in Canada, integrating it with its US pilot program. As the only nationally licensed bank with tokenized deposit capabilities in both the US and Canada, VersaBank aims to demonstrate cross-border payment transaction capabilities using DDRs.

The bank's DDRs are 1:1 digital representations of actual cash deposits on the blockchain, offering superior security and regulatory compliance compared to stablecoins. The pilot programs will involve thousands of transactions through VersaBank's proprietary VersaVault platform on Algorand, Ethereum, and Stellar blockchains, with completion expected by end of 2025.

VersaBank (NASDAQ: VBNK) has declared a quarterly cash dividend of CAD $0.025 per Common Share for the quarter ending October 31, 2025. The dividend will be paid on October 31, 2025, to shareholders of record as of October 10, 2025. The company noted that these dividends qualify as eligible dividends for tax purposes.