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VersaBank Common Shares - $VBNK STOCK NEWS

Welcome to our dedicated page for VersaBank Common Shares news (Ticker: $VBNK), a resource for investors and traders seeking the latest updates and insights on VersaBank Common Shares stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect VersaBank Common Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of VersaBank Common Shares's position in the market.

Rhea-AI Summary
VersaBank announces the results of its 2024 Annual and Special Meeting of Shareholders, where all director nominees were elected. The shareholders also approved the appointment of Ernst & Young LLP as auditors and the renewal of the Long-Term Incentive Plan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.6%
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none
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Rhea-AI Summary
VersaBank (VBNK) announces its annual and special shareholders meeting on April 17, 2024, at the VersaBank Innovation Centre of Excellence. Shareholders can attend in person or via live webcast by submitting advanced proxy voting instructions by April 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
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none
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Rhea-AI Summary
VersaBank announced its participation in upcoming investor conferences including iAccessAlpha Buyside Best Ideas Spring Conference, OTC Banking Virtual Investor Conference, and 36th Annual ROTH Conference. David Taylor, President and CEO, will present at these events, providing opportunities for institutional investors to engage with the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.73%
Tags
conferences
Rhea-AI Summary
VersaBank (VBNK) reports strong financial results for the first quarter of fiscal 2024, with record high total assets of $4.3 billion and net income of $12.7 million. The Bank's revenue increased by 11% year-over-year, driven by robust growth in its Point-of-Sale Receivable Purchase Program portfolio. VersaBank is strategically transitioning to lower risk-weighted loans to enhance return on common equity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.62%
Tags
-
News
Rhea-AI Summary
VersaBank declares cash dividends for the quarter ending April 30, 2024, amounting to CAD $0.025 per Common Share and CAD $0.1693 per Series 1 Preferred Share, payable on April 30, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.62%
Tags
dividends
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Rhea-AI Summary
VersaBank (VBNK) will report its first quarter 2024 financial results on March 6, 2024, followed by a conference call with President & CEO and CFO. Investors can join via phone or webcast to listen to the presentation and Q&A session.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.45%
Tags
conferences earnings
Rhea-AI Summary
VersaBank (VBNK) to participate in KBW Fintech & Payments Conference in NYC. CEO to discuss BaaS Solutions for FinTechs on Feb 29, 2024. One-on-one meetings available for attendees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.45%
Tags
none
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News
Rhea-AI Summary
VersaBank (VBNK) declares cash dividends of CAD $0.025 per Common Share and CAD $0.1693 per Series 1 Preferred Share for the quarter ending January 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.3%
Tags
dividends
-
Rhea-AI Summary
VersaBank (VBNK) Reports Record Loan Portfolio and Revenue in Q4 and Fiscal 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.3%
Tags
Rhea-AI Summary
VersaBank (VBNK) to Report Q4 and Fiscal 2023 Year-End Financial Results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
Tags
conferences earnings
VersaBank Common Shares

Nasdaq:VBNK

VBNK Rankings

VBNK Stock Data

254.45M
13.98M
45.2%
26.75%
0.12%
Commercial Banking
Finance and Insurance
Link
United States of America
London

About VBNK

versabank (tsx:vb), a technology based and digital canadian schedule i chartered bank, operates using an “electronic branchless model”. it sources deposits, consumer loans, commercial loans and leases electronically. the bank also makes residential development and commercial mortgages it sources through a well-established network of brokers and direct contact with its lending staff. headquartered in london, ontario, the bank was granted its schedule i license under the bank act (canada) on august 1, 2002, prior to which the bank had operated as a provincially licensed trust company since 1979.