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 reports developments as a North American, federally chartered bank built around a branchless, digital business-to-business banking model. Its updates focus on the Structured Receivable Program for point-of-sale finance companies, electronic deposit and funding relationships with financial intermediary partners, and expansion of its digital banking activities in Canada and the United States.
Recurring news also covers cyber security and financial technology through DRT Cyber Inc., digital-asset banking initiatives such as VersaVault and Real Bank Tokenized Deposits, stablecoin custody services, Normal Course Issuer Bid activity, operating results, and shareholder-meeting governance matters.
VersaBank (TSX: VBNK, Nasdaq: VBNK) donated $60,000 to The Salvation Army's Harvest Hope Campaign, presenting the cheque at its Summer Celebration event in London, Ontario, on June 27, 2026, before about 700 attendees.
The Harvest Hope food security initiative funds community meals, groceries, hampers, gardens and shelters nationwide, now in its third year. VersaBank highlights its longstanding collaboration with The Salvation Army and encourages other businesses to support community-focused organizations.
VersaBank (TSX/NASDAQ: VBNK) launched its AI-enabled, real-time Structured Receivable Program (SRP) for the point-of-sale industry in Canada and the United States.
Financeit, one of VersaBank's largest SRP partners, is the first large-scale user following a pilot completed ahead of schedule, with the Bank planning rapid rollout to additional partners.
VersaBank (TSX/NASDAQ: VBNK) announced that Founder and President David Taylor was selected for inclusion in Monarchy and Democracy: A History of Leadership, an official History of Parliament project. His achievements were recognized at the book’s launch ceremony held in the grounds of Westminster Abbey, London, UK.
VersaBank (TSX: VBNK, NASDAQ: VBNK) declared a quarterly cash dividend of CAD $0.025 per common share for the quarter ending July 31, 2026. The dividend is payable on July 31, 2026 to shareholders of record on July 10, 2026 and is designated as an eligible dividend for tax purposes.
VersaBank (TSX/NASDAQ: VBNK) reported Q2 2026 results with total revenue of $38.3 million, up 27% year-over-year, and net interest income of $35.7 million, also up 27%.
Adjusted (core) net income rose 45% to $12.4 million, while reported net income declined 12% to $7.5 million due mainly to $6.7 million in non-core non-interest expenses, including $4.5 million of Reorganization costs and a $2.2 million intangible-asset write-down.
Total assets grew 28% year-over-year to $6.44 billion, credit assets expanded in both Canada and the US, and US Structured Receivable Program credit assets reached US$604.9 million.
VersaBank (NASDAQ: VBNK) filed a public Form S-4 registration statement with the SEC for a proposed corporate reorganization to a standard U.S. bank framework.
The plan would make new Delaware corporation Versa Bancorp the holding company of VersaBank and VersaBank USA National Association, subject to shareholder and multiple regulatory approvals.
VersaBank (VBNK) announced that Founder and President David Taylor was named Executive of the Year by the Canadian Lenders Association at the Canadian Finance Summit on May 28, 2026.
The award recognizes leadership, innovation and strategic impact in Canadian financial services, including banks, fintechs and other financial institutions.
VersaBank (TSX/NASDAQ: VBNK) will report its second quarter fiscal 2026 financial results via news release on Wednesday, June 3, 2026 at 7:00 a.m. ET, followed by a conference call/webcast at 9:00 a.m. ET featuring management presentations and Q&A.
VersaBank (TSX: VBNK) has launched a pilot with FinanceIt for a new Real-Time Structured Receivable Program (Real-Time SRP) to enable point-of-sale financing of individual loans within hours.
The Real-Time SRP eliminates the need to warehouse receivables for the typical five to 30+ days, leverages the bank's proprietary core banking software and internal AI, and targets expanded SRP adoption in Canada and the United States.
VersaBank (TSX: VBNK) received TSX approval to renew a Normal Course Issuer Bid (NCIB) allowing purchases of up to 2,000,000 common shares for cancellation (about 9.14% of public float based on a 21,876,251 public float as of April 16, 2026).
Daily purchases will be limited to 25% of ADTV (6,627 shares based on a six‑month ADTV of 26,510). Purchases may run from April 30, 2026 to April 29, 2027 on the TSX and Nasdaq; prior NCIB purchases totaled 573,251 shares at a VWAP of US$11.49.