VERSABANK DECLARES DIVIDENDS

Rhea-AI Summary

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.

Positive

• Dividend declared of CAD $0.025 per Common Share
• Payable date set for January 31, 2026
• Eligible dividends designation for tax purposes

Negative

• None.

LONDON, ON, Dec. 10, 2025 /PRNewswire/ - VersaBank (the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced that cash dividends in the amount of CAD $0.025 per Common Share of the Bank have been declared for the quarter ending January 31, 2026, payable as of January 31, 2026, to shareholders of record at the close of business on January 9, 2026.

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 US, 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 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 Receivable Purchase Program funding solution for point-of-sale finance companies, which has been highly successful in Canada for nearly 15 years, to the underserved multi-trillion-dollar US market. VersaBank also owns Minneapolis-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 tokenized deposits.

VersaBank's Common Shares trade on the Toronto Stock Exchange and NASDAQ under the symbol VBNK.

Visit our website at:  www.versabank.com

Follow VersaBank on Facebook, Instagram, LinkedIn and X (formerly Twitter)

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SOURCE VersaBank

FAQ

What dividend did VersaBank (VBNK) declare for the quarter ending January 31, 2026?

VersaBank declared a cash dividend of CAD $0.025 per Common Share for that quarter.

When is VersaBank's (VBNK) dividend payable and who is eligible?

The dividend is payable on January 31, 2026 to shareholders of record as of the close of business on January 9, 2026.

Is the VersaBank (VBNK) dividend for January 2026 eligible for tax purposes?

Yes, the announced dividends are classified as eligible dividends for tax purposes.

What record date must VersaBank (VBNK) shareholders meet to receive the January 31, 2026 dividend?

Shareholders must be on the books at the close of business on January 9, 2026 to receive the dividend.

Which stock listings apply to VersaBank's (VBNK) declared dividend?

The dividend applies to VersaBank shares listed on TSX and NASDAQ (VBNK).