VERSABANK DECLARES DIVIDENDS

VersaBank (TSX: VBNK, NASDAQ: VBNK) declared a quarterly cash dividend of CAD $0.025 per common share for the quarter ending July 31, 2026.

Rhea-AI Summary

VersaBank (TSX: VBNK, NASDAQ: VBNK) declared a quarterly cash dividend of CAD $0.025 per common share for the quarter ending July 31, 2026. The dividend is payable on July 31, 2026 to shareholders of record on July 10, 2026 and is designated as an eligible dividend for tax purposes.

Positive

• Quarterly cash dividend of CAD $0.025 per common share declared
• Dividend payable July 31, 2026 to shareholders of record on July 10, 2026
• Dividends designated as eligible dividends, which may offer tax advantages to some shareholders

Negative

• None.

Argus Jun 3 session

+10.70% close to close Open Argus

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News Market Reaction – VBNK

In the Jun 3 session, VBNK gained 10.70%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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LONDON, ON, June 3, 2026 /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 July 31, 2026, payable as of July 31, 2026, to shareholders of record at the close of business on July 10, 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 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 Deposits^TM.

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)

View original content to download multimedia:https://www.prnewswire.com/news-releases/versabank-declares-dividends-302790086.html

SOURCE VersaBank

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

VersaBank declared a quarterly cash dividend of CAD $0.025 per common share. According to VersaBank, this dividend applies to the quarter ending July 31, 2026 and is designated as an eligible dividend for Canadian tax purposes.

When is the record date for VersaBank (VBNK) July 31, 2026 quarterly dividend?

The record date for VersaBank’s quarterly dividend is July 10, 2026. According to VersaBank, shareholders of record at the close of business on that date will receive CAD $0.025 per common share, payable on July 31, 2026.

What is the payment date for VersaBank (VBNK) CAD $0.025 quarterly dividend?

The payment date for VersaBank’s CAD $0.025 quarterly dividend is July 31, 2026. According to VersaBank, all common shareholders on record as of July 10, 2026 will receive the cash dividend on that payment date.

Are VersaBank (VBNK) July 31, 2026 dividends considered eligible dividends for tax purposes?

Yes, VersaBank stated these dividends are designated as eligible dividends for tax purposes. According to VersaBank, the CAD $0.025 per common share dividend qualifies as an eligible dividend, which may provide favorable tax treatment for certain Canadian shareholders.

Which VersaBank (VBNK) shares will receive the CAD $0.025 dividend announced on June 3, 2026?

All issued common shares of VersaBank qualify for the CAD $0.025 dividend. According to VersaBank, common shareholders of record at the close of business on July 10, 2026 will receive the cash dividend on July 31, 2026.