VERSABANK DECLARES DIVIDENDS

Rhea-AI Summary

VersaBank (NASDAQ: VBNK) has declared a quarterly cash dividend of CAD $0.025 per Common Share for the quarter ending October 31, 2025. The dividend will be paid on October 31, 2025, to shareholders of record as of October 10, 2025. The company noted that these dividends qualify as eligible dividends for tax purposes.

Positive

• None.

Negative

• Relatively small dividend amount of CAD $0.025 per share

LONDON, ON, Sept. 4, 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 October 31, 2025, payable as of October 31, 2025, to shareholders of record at the close of business on October 10, 2025.

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 Washington, DC-based DRT Cyber Inc., a North America 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 its wholly owned subsidiary, Digital Meteor Inc. ("Digital Meteor"), 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 Digital Deposit Receipts ("DDRs").

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 

View original content to download multimedia:https://www.prnewswire.com/news-releases/versabank-declares-dividends-302545611.html

SOURCE VersaBank

FAQ

What is VersaBank's (VBNK) dividend amount for Q4 2025?

VersaBank declared a quarterly dividend of CAD $0.025 per Common Share for Q4 2025.

When is the ex-dividend date for VersaBank's (VBNK) Q4 2025 dividend?

Shareholders must be on record by October 10, 2025 to receive the dividend payment.

When will VersaBank (VBNK) pay its Q4 2025 dividend?

The dividend will be paid on October 31, 2025.

Are VersaBank's (VBNK) dividends eligible for tax purposes?

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