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
News Market Reaction
On the day this news was published, VBNK gained 5.28%, reflecting a notable positive market reaction. Argus tracked a peak move of +2.4% during that session. Our momentum scanner triggered 10 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $20M to the company's valuation, bringing the market cap to $395M at that time.
Data tracked by StockTitan Argus on the day of publication.
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
VersaBank's Common Shares trade on the Toronto Stock Exchange and NASDAQ under the symbol VBNK.
Visit our website at: www.versabank.com
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SOURCE VersaBank