Welcome to our dedicated page for Versabank news (Ticker: VBNK), a resource for investors and traders seeking the latest updates and insights on Versabank stock.
VersaBank (VBNK) is a pioneering digital Schedule I Canadian bank operating through a branchless model, specializing in business-to-business financial solutions and cybersecurity services via its DRT Cyber subsidiary. This news hub provides investors and financial professionals with essential updates on the bank’s strategic initiatives, technological advancements, and market positioning.
Access real-time updates on VersaBank’s digital lending programs, including its innovative Receivable Purchase Program (RPP), cybersecurity developments, and partnerships shaping North American B2B banking. Our curated news collection helps stakeholders monitor operational efficiency metrics, regulatory compliance updates, and expansion strategies in digital finance.
Key coverage includes earnings reports, technology deployments, risk management practices, and analysis of the bank’s unique position in cloud-based financial services. All content is verified for accuracy and relevance to support informed decision-making.
Bookmark this page for ongoing insights into how VersaBank continues redefining commercial banking through secure, technology-driven solutions while maintaining one of the industry’s most efficient operating models.
VersaBank (TSX: VBNK, NASDAQ: VBNK) announced two senior leadership changes effective January 5, 2026 to support a proposed corporate realignment to a US bank framework. Nicolas Ospina is appointed Global Chief Financial Officer to oversee corporate-level finance. John Asma is promoted to Executive Vice President to run Canadian digital banking operations; he previously served as VersaBank CFO since December 2023. Ospina joins from Raymond James, bringing over a decade of financial services experience and having completed more than 50 transactions in the U.S. banking sector.
VersaBank (TSX: VBNK / NASDAQ: VBNK) declared a cash dividend of CAD $0.025 per Common Share for the quarter ending January 31, 2026. The dividend is payable on January 31, 2026 to shareholders of record at the close of business on January 9, 2026. The dividends are designated as eligible dividends for tax purposes.
VersaBank (TSX: VBNK / NASDAQ: VBNK) reported record 2025 results driven by growth in its Receivable Purchase Program (RPP). Total assets rose 20% YoY to $5.81B and total revenue increased 29% YoY to a record $124.64M (Q4 revenue $35.09M, +29% YoY). Credit assets grew 20% YoY to a record $5.07B for Digital Banking operations. Adjusted net income rose 91% YoY to $36.89M for the year (Q4 adjusted net income $10.55M).
Net interest margin on credit assets expanded to 2.65% (Q4) and CET1 ratio was 12.92%. Management highlighted continued RPP ramp, planned tokenized deposit launch and share repurchases under an NCIB.
VersaBank (TSX: VBNK) congratulated its US RPP partner ECN Capital and the investor group controlled by Warburg Pincus on ECN Capital's recent privatization (announced Dec 8, 2025) and confirmed continued partnership with ECN founder Steve Hudson. VersaBank said ECN's wholly owned subsidiary, Source One Financial Services, was added as its largest US RPP partner and that an additional funding with Source One closed, bringing total fundings to date with Source One to more than US$90 million. VersaBank noted strong momentum for its Core and Securitized RPP offerings in the US and indicated plans to expand US RPP assets in fiscal 2026.
VersaBank (TSX: VBNK, NASDAQ: VBNK) will report its fourth quarter and fiscal 2025 year-end financial results on Wednesday, December 10, 2025.
The Bank will issue a news release at approximately 7:00 a.m. ET and host a conference call and live webcast at 9:00 a.m. ET (approx. 60 minutes). Presenters include David Taylor, President, and John Asma, CFO, followed by a Q&A session.
Telephone participants can register for an automated callback at the provided registration link or dial 416-945-7677 or 888-699-1199 (toll free). The live webcast and slide presentation will be available via the Bank website, and an archived webcast will remain available for 90 days. Teleconference replay is available until January 10, 2026 with passcode 70234#.
VersaBank (TSX: VBNK) donated $50,000 to The Salvation Army's Harvest Hope campaign on Nov 26, 2025 to help combat food insecurity across Canada and locally in London, Ontario.
The release notes Food Banks Canada data showing food bank usage doubled since March 2019 and rose 5.2% in 2025 vs 2024, and cites The Salvation Army distributing over 7 million pounds of food and serving 2.6 million shelter meals in Ontario in 2024. VersaBank's president encouraged other businesses to give during year-end fundraising.
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.
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