VersaBank Declares Dividends
VersaBank (VBNK) declared a quarterly cash dividend of CAD $0.025 per common share for the quarter ending October 31, 2026.
Sentiment and the balance of points
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Rhea-AI Summary
VersaBank (VBNK) declared a quarterly cash dividend of CAD $0.025 per common share for the quarter ending October 31, 2026. The dividend is payable on October 31, 2026 to shareholders of record at the close of business on October 9, 2026 and is designated an eligible dividend for tax purposes.
Positive
- Quarterly dividend declared of CAD $0.025 per common share for the quarter ending October 31, 2026
- Dividend is designated as an eligible dividend, which may offer tax advantages to certain Canadian shareholders
Negative
- None.
Details
News Market Reaction – VBNK
On Sep 3, the day this news came out, VBNK closed 6.79% above the previous close. Argus tracked a peak move of +2.4% during that session. Argus tracked a trough of -10.7% from its starting point during tracking. Our momentum scanner recorded 6 alerts for this stock that day. Relative volume reached 115.3x the daily average during tracking.
Data tracked by StockTitan Argus for the Sep 3 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
London, Ontario--(Newsfile Corp. - September 3, 2026) - VersaBank (TSX: VBNK) (NASDAQ: VBNK) (the "Bank") today announced that cash dividends in the amount of CAD
The dividends to which this notice relates are eligible dividends for tax purposes.
About VersaBank
VersaBank is a North American bank with a difference. Federally chartered in both Canada and the U.S., VersaBank has a branchless, digital, business-to-business model based on its proprietary state-of-the-art technology that enables it to profitably address underserved segments of the banking industry in a significantly risk mitigated manner. Because VersaBank obtains substantially all of its deposits and undertakes the majority of its funding activities electronically through financial intermediary partners, it benefits from significant operating leverage that drives efficiency and return on common equity. In August 2024, VersaBank launched its unique Structured Receivable Program funding solution for point-of-sale finance companies, which has been highly successful in Canada for over 15 years, to the underserved multi-trillion-dollar U.S. market. VersaBank also owns Minnesota-based DRT Cyber Inc., a North American leader in the provision of cyber security services to address the rapidly growing volume of cyber threats challenging financial institutions, multi-national corporations and government entities. Through DRT Cyber Inc., VersaBank owns proprietary intellectual property and technology to enable the next generation of digital assets for the banking and financial community, including the Bank's revolutionary and proprietary Real Bank Tokenized DepositsTM.
VersaBank's common shares trade on the Toronto Stock Exchange and NASDAQ under the symbol VBNK.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Lawrence Chamberlain
Global Senior Vice President, Investor & Stakeholder Relations
(416) 540-7486
lawrence@versabank.com
Visit our website at: www.versabank.com
Follow VersaBank on Facebook, Instagram, LinkedIn and X (formerly Twitter)
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/312590
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