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.
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VersaBank (TSX: VBNK, NASDAQ: VBNK) announced the results of its 2023 Annual and Special Meeting of Shareholders held on April 19, 2023, in Toronto. All director nominees listed in the Management Information Circular dated February 24, 2023, were successfully elected, with voting percentages exceeding 97% for each nominee. Robbert-Jan Brabander received 98.34% of votes in favor, while the lowest was Gabrielle Bochynek with 97.02%. Shareholders also approved Ernst & Young LLP as the Bank's auditors. The detailed voting results will be filed on SEDAR and EDGAR. VersaBank, a digital financial institution founded in 1993, continues to innovate in providing banking solutions and cybersecurity improvements through its subsidiary DRT Cyber Inc.
VersaBank, a pioneer in digital banking and cybersecurity, is set to present at the Investor Summit Conference on March 29, 2023 at 10:30 a.m. ET. CEO David Taylor will lead the virtual presentation, which will be accessible via webcast on VersaBank's investor relations page. Following the event, a replay will be available. VersaBank operates as a Canadian federally regulated bank focusing on efficient digital solutions for financial intermediaries and has a subsidiary, DRT Cyber Inc., dedicated to tackling cyber threats in the financial sector.