VERSABANK THIRD QUARTER RESULTS CONTINUE TO DEMONSTRATE STRENGTH OF BUSINESS MODEL AS US RPP PORTFOLIO RAMPS UP
Rhea-AI Summary
VersaBank (NASDAQ: VBNK) reported strong Q3 2025 financial results, with total revenue increasing 17% year-over-year to a record $31.6 million. The bank's total assets grew 21% year-over-year to $5.5 billion, driven by expansion of its Receivable Purchase Program (RPP) portfolio in both US and Canada.
The bank reported net income of $6.6 million ($0.20 per share), which included $4.2 million in planned expenses related to corporate structure realignment. Adjusted net income, excluding these costs, was $9.7 million ($0.30 per share). The Digital Banking operations maintained strong performance with a net interest margin of 2.25% and minimal credit loss provisions of 0.10%.
Notable developments include the expansion of RPP to add securitization capabilities, addition of two new RPP partners in Canada, and the launch of a tokenized deposit pilot program in the United States.
Positive
- Record revenue of $31.6 million, up 17% year-over-year
- Total assets reached record $5.5 billion, increasing 21% year-over-year
- Strong credit portfolio growth with 18% year-over-year increase to $4.78 billion
- Expansion of RPP program with new securitization capabilities
- Addition of two new RPP partners in Canada
- Strong asset quality with minimal 0.10% credit loss provisions
- Launch of innovative tokenized deposit pilot program in US
Negative
- Net income decreased 32% year-over-year to $6.6 million
- Earnings per share declined 44% year-over-year to $0.20
- Incurred $4.2 million in corporate restructuring costs
- Net interest margin decreased 2% sequentially to 2.25%
- 25% share dilution from December 2024 treasury offering
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.
– Expansion of RPP Program to Add Securitization Expected to Generate Additional Asset and Earnings Growth in Both US and
– Two New RPP Partners Added in
– VersaBank
All amounts are unaudited and in Canadian dollars and are based on financial statements prepared in compliance with International Accounting Standard 34 Interim Financial Reporting, unless otherwise noted. Our third quarter 2025 ("Q3 2025") unaudited Interim Consolidated Financial Statements for the period ended July 31, 2025 and Management's Discussion and Analysis ("MD&A"), are available online at www.versabank.com/investor-relations, SEDAR at www.sedarplus.ca and EDGAR at www.sec.gov/edgar. Supplementary Financial Information will also be available on our website at www.versabank.com/investor-relations.
Note Regarding VersaBank's Third Quarter and Year-to-Date Fiscal 2025 Financial Results: VersaBank's financial results for the third quarter and year-to-date fiscal 2025 reflect the planned, outsized non-interest expense in the amount of
CONSOLIDATED FINANCIAL SUMMARY
(unaudited) | As at or for the three months ended | As at or for the nine months ended | |||||||||||
July 31 | April 30 | July 31 | July 31 | July 31 | |||||||||
(thousands of Canadian dollars, except per share amounts) | 2025 | 2025 | Change | 2024 | Change | 2025 | 2024 | Change | |||||
Financial results | |||||||||||||
Total revenue | $ 31,583 | $ 30,139 | 5 % | $ 26,996 | 17 % | $ 89,549 | $ 84,348 | 6 % | |||||
Cost of funds* | 3.33 % | 3.52 % | (5 %) | 4.17 % | (20 %) | 3.49 % | 4.12 % | (15 %) | |||||
Net interest margin* | 2.25 % | 2.29 % | (2 %) | 2.23 % | 1 % | 2.17 % | 2.38 % | (9 %) | |||||
Net interest margin on credit assets* | 2.55 % | 2.59 % | (2 %) | 2.41 % | 6 % | 2.50 % | 2.58 % | (3 %) | |||||
Return on average common equity* | 4.94 % | 6.67 % | (26 %) | 9.63 % | (49 %) | 6.71 % | 11.79 % | (43 %) | |||||
Adjusted return on average common equity* | 7.24 % | 6.78 % | 7 % | 9.63 % | (25 %) | 7.61 % | 11.79 % | (35 %) | |||||
Net income | 6,582 | 8,529 | (23 %) | 9,705 | (32 %) | 23,254 | 34,232 | (32 %) | |||||
Adjusted net income* | 9,670 | 8,682 | 11 % | 9,705 | 0 % | 26,495 | 34,232 | (23 %) | |||||
Income per common share basic and diluted | 0.20 | 0.26 | (23 %) | 0.36 | (44 %) | 0.74 | 1.29 | (43 %) | |||||
Adjusted income per common share basic and diluted* | 0.30 | 0.28 | 7 % | 0.36 | (17 %) | 0.85 | 1.29 | (34 %) | |||||
Balance sheet and capital ratios** | |||||||||||||
Total assets | $ 5,477,489 | $ 5,047,133 | 9 % | $ 4,516,436 | 21 % | $ 5,477,489 | $ 4,516,436 | 21 % | |||||
Book value per common share* | 16.42 | 16.25 | 1 % | 15.23 | 8 % | 16.42 | 15.23 | 8 % | |||||
Common Equity Tier 1 (CET1) capital ratio | 13.56 % | 14.28 % | (5 %) | 11.75 % | 15 % | 13.56 % | 11.75 % | 15 % | |||||
Total capital ratio | 16.50 % | 17.34 % | (5 %) | 15.40 % | 7 % | 16.50 % | 15.40 % | 7 % | |||||
Leverage ratio | 8.90 % | 9.61 % | (7 %) | 8.54 % | 4 % | 8.90 % | 8.54 % | 4 % | |||||
* See definitions under 'Non-GAAP and Other Financial Measures' in the Q3 2025 Management's Discussion and Analysis. | |||||||||
** Capital management and leverage measures are in accordance with OSFI's Capital Adequacy Requirements and Basel III Accord. |
SEGMENTED FINANCIAL SUMMARY
(thousands of Canadian dollars) | |||||||||
for the three months ended | July 31, 2025 | ||||||||
Digital Banking | Digital Banking | Digital Meteor | DRTC | Eliminations/ | Consolidated | ||||
Adjustments | |||||||||
Net interest income | $ 26,656 | $ 3,123 | $ - | $ - | $ - | $ 29,779 | |||
Non-interest income | (37) | (7) | 622 | 1,569 | (343) | 1,804 | |||
Total revenue | 26,619 | 3,116 | 622 | 1,569 | (343) | 31,583 | |||
Provision for (recovery of) credit losses | 1,201 | (20) | - | - | - | 1,181 | |||
25,418 | 3,136 | 622 | 1,569 | (343) | 30,402 | ||||
Non-interest expenses: | |||||||||
Salaries and benefits | 7,214 | 1,174 | 214 | 1,497 | - | 10,099 | |||
General and administrative | 8,636 | 1,163 | 47 | 214 | (343) | 9,717 | |||
Premises and equipment | 898 | 186 | 373 | 376 | - | 1,833 | |||
16,748 | 2,523 | 634 | 2,087 | (343) | 21,649 | ||||
Income (loss) before income taxes | 8,670 | 613 | (12) | (518) | - | 8,753 | |||
Income tax provision | 2,150 | 176 | (35) | (120) | - | 2,171 | |||
Net income (loss) | $ 6,520 | $ 437 | $ 23 | $ (398) | $ - | $ 6,582 | |||
Total assets | $ 5,124,771 | $ 348,389 | $ 11,543 | $ 25,015 | $ (32,229) | $ 5,477,489 | |||
Total liabilities | $ 4,790,738 | $ 155,228 | $ 9,491 | $ 19,410 | $ (25,520) | $ 4,949,347 | |||
for the three months ended | April 30, 2025 | ||||||||
Digital Banking | Digital Banking | Digital Meteor | DRTC | Eliminations/ | Consolidated | ||||
Adjustments | |||||||||
Net interest income | $ 25,525 | $ 2,507 | $ - | $ - | $ - | $ 28,032 | |||
Non-interest income | 122 | (18) | 569 | 1,789 | (355) | 2,107 | |||
Total revenue | 25,647 | 2,489 | 569 | 1,789 | (355) | 30,139 | |||
Provision for (recovery of) credit losses | 954 | (65) | - | - | - | 889 | |||
24,693 | 2,554 | 569 | 1,789 | (355) | 29,250 | ||||
Non-interest expenses: | |||||||||
Salaries and benefits | 5,836 | 1,464 | 253 | 1,602 | - | 9,155 | |||
General and administrative | 5,267 | 800 | 343 | 665 | (355) | 6,720 | |||
Premises and equipment | 947 | 104 | 123 | 467 | - | 1,641 | |||
12,050 | 2,368 | 719 | 2,734 | (355) | 17,516 | ||||
Income (loss) before income taxes | 12,643 | 186 | (150) | (945) | - | 11,734 | |||
Income tax provision | 3,443 | 53 | 2 | (293) | - | 3,205 | |||
Net income (loss) | $ 9,200 | $ 133 | $ (152) | $ (652) | $ - | $ 8,529 | |||
Total assets | $ 4,761,444 | $ 281,153 | $ 11,086 | $ 25,224 | $ (31,774) | $ 5,047,133 | |||
Total liabilities | $ 4,386,758 | $ 144,517 | $ 9,029 | $ 19,708 | $ (41,185) | $ 4,518,827 | |||
for the three months ended | July 31, 2024 | ||||||||
Digital Banking | Digital Banking | Digital Meteor | DRTC | Eliminations/ | Consolidated | ||||
Adjustments | |||||||||
Net interest income | $ 24,944 | $ - | $ - | $ - | $ - | $ 24,944 | |||
Non-interest income | 175 | - | 816 | 1,403 | (342) | 2,052 | |||
Total revenue | 25,119 | - | 816 | 1,403 | (342) | 26,996 | |||
Provision for (recovery of) credit losses | (1) | - | - | - | - | (1) | |||
25,120 | - | 816 | 1,403 | (342) | 26,997 | ||||
Non-interest expenses: | |||||||||
Salaries and benefits | 5,945 | - | 291 | 1,271 | - | 7,507 | |||
General and administrative | 4,729 | - | 135 | 311 | (342) | 4,833 | |||
Premises and equipment | 824 | - | 70 | 300 | - | 1,194 | |||
11,498 | - | 496 | 1,882 | (342) | 13,534 | ||||
Income (loss) before income taxes | 13,622 | - | 320 | (479) | - | 13,463 | |||
Income tax provision | 3,811 | - | 17 | (70) | - | 3,758 | |||
Net income (loss) | $ 9,811 | $ - | $ 303 | $ (409) | $ - | $ 9,705 | |||
Total assets | $ 4,507,158 | $ - | $ 3,181 | $ 25,152 | $ (19,055) | $ 4,516,436 | |||
Total liabilities | $ 4,102,239 | $ - | $ 1,215 | $ 28,256 | $ (24,259) | $ 4,107,451 | |||
MANAGEMENT COMMENTARY
"Our third quarter financial results reflect the ramp up of our Receivable Purchase Program in
"To accelerate growth of our Receivable Purchase Program in
"Additionally in
"Looking further ahead, we believe our proprietary Digital Deposit Receipt ("DDR") tokenized deposits represent a significant future opportunity as a superior alternative to stablecoins based on their one-for-one representation of actual cash on deposit with our Bank, the legal ability to pay interest, and conventional deposit insurance. Our DDRs are not only a significant opportunity to generate very low-cost deposits to fund our US growth but also the ideal, market-ready solution for US banks, payment providers and other financial businesses to quickly, seamlessly and cost-effectively enter this critical next stage of the digital commerce evolution."
HIGHLIGHTS FOR THE THIRD QUARTER OF FISCAL 2025
Consolidated (Canadian and US Digital Banking Operations, Digital Meteor and DRTC)
- Total assets increased
21% year-over-year and9% sequentially to a record$5.5 billion Canada ; - Consolidated total revenue increased
17% year-over-year and increased5% sequentially to a record$31.6 million 18% year-over-year and6% sequentially; - Consolidated net income was
$6.6 million $9.7 million $8.5 million $4.2 million - Consolidated adjusted net income, which excludes the costs associated with the Proposed Realignment of Corporate Structure, was
$9.7 million 11% sequentially; - Consolidated income per common share was
$0.20 $0.36 $0.26 25% higher number of shares outstanding due to the treasury common share offering in December 2024; - Consolidated adjusted income per common share, which excludes the costs associated with the Proposed Realignment of Corporate Structure, was
$0.30 - As at July 31, 2025, the Bank has purchased and cancelled 351,142 common shares under its Normal Course Issuer Bid (NCIB), under which the Bank may purchase for cancellation up to 2,000,000 of its common shares representing approximately
8.99% of its public float (as of April 28, 2025); - During the current quarter, the Bank announced its intention, subject to shareholder, regulatory and other approvals, to realign its corporate structure with the standard framework of a US bank, pursuant to which existing shares of the Bank (the current parent) would be exchanged for shares of VersaHoldings US Corp. (the new parent), the existing US-domiciled entity, which currently holds the Bank's US subsidiaries. The Proposed Realignment of Corporate Structure is intended to realize additional shareholder value, further mitigate risk and reduce corporate costs;
- Subsequent to quarter end, the Bank's wholly owned subsidiary, VersaBank
USA , launched an internal pilot program inthe United States for its USDVBs, the US-dollar version of its proprietary Digital Deposit Receipts ("DDRs"). Upon completion of the pilot program, VersaBankUSA will seek the Office of the Comptroller of the Currency's (OCC's) "non-objection" prior to launching commercially.
Digital Banking (Combined Canada and US)
- Total Digital Banking operations (combined
Canada and US) credit assets increased18% year-over-year and6% sequentially to a record$4.78 billion 15% year-over-year and5% sequentially; - Total Digital Banking operations total revenue increased
18% year-over-year and increased6% sequentially to a record$29.7 million - Total Digital Banking operations net interest margin on credit assets increased 14 bps, or
6% , year-over-year, and decreased 4 bps, or2% sequentially, to2.55% . The year-over-year increase was primarily due to the lower cost of funds, attributable to the renewal of maturing deposits at lower interest rates and the diminished impact of the atypically inverted yield curve that existed throughout fiscal 2024 and which is no longer inverted. The sequential decrease reflects the impact for elevated liquidity held to support a capital infusion in VersaBankUSA and lower yield attributable to the increase in the RPP, which is composed of lower risk-weighted, lower yielding assets, partially offset by lower cost of funds; - Total Digital Banking operations overall net interest margin increased 2 bps, or
1% , year-over-year and decreased 4 bps, or2% , sequentially to2.25% , due to higher than typical liquidity. The Bank's net interest margin remained among the highest of the publicly traded Canadian Schedule I (federally licensed) banks; - Total Digital Banking operations provision for credit losses as a percentage of average credit assets remained negligible at
0.10% , compared with a 12-quarter average of0.03% , which remains among the lowest of the publicly traded Canadian Schedule I (federally licensed) banks; - Total Digital Banking operations net income was
$7.0 million $9.8 million $9.3 million $4.2 million - Total Digital Banking operations income per common share was
$0.21 $0.36 $0.28 25% higher number of shares outstanding due to the treasury common share offering in December 2024; - Subsequent to quarter end, the Bank expanded the Receivable Purchase Program with launch of securitized financing solution, which is expected to generate additional asset and earnings growth in both the US and
Canada .
Digital Banking Canada
Note: The financial results for Digital Banking Canada contain certain non-interest expenses for general corporate administrative costs.
- Canadian Digital Banking operations net income was
$6.5 million $9.8 million $9.2 million $4.2 million - Canadian Digital Banking operations net income per common share was
$0.20 $0.36 $0.28 25% higher number of shares outstanding due to the treasury common share offering in December 2024; and, - Subsequent to quarter end, added two new receivable purchase program partners in
Canada for the RPP, including the Bank's first partner under the recent expansion of its RPP to include a securitized financing offering. The Bank has completed the first funding transaction for its RPP Securitization partner and expects funding for the other new partner to commence in the near term.
Digital Banking US
- US Digital Banking operations net income was
$437,000 $133,000
Digital Meteor Inc.
- Digital Meteor's net income was
$23,000 $303,000 $152,000
DRTC's Cybersecurity Services Operations
- DRTC's net loss was
$398,000 $409,000 $652,000
FINANCIAL SUMMARY
(unaudited) | for the three months ended | for the nine months ended | |||||||
July 31 | July 31 | July 31 | July 31 | ||||||
(thousands of Canadian dollars, except per share amounts) | 2025 | 2024 | 2025 | 2024 | |||||
Results of operations | |||||||||
Interest income | $ 73,987 | $ 71,646 | $ 218,209 | $ 212,181 | |||||
Net interest income | 29,779 | 24,944 | 83,535 | 77,754 | |||||
Non-interest income | 1,804 | 2,052 | 6,014 | 6,594 | |||||
Total revenue | 31,583 | 26,996 | 89,549 | 84,348 | |||||
Provision for (recovery of) credit losses | 1,181 | (1) | 3,094 | (112) | |||||
Non-interest expenses | 21,649 | 13,534 | 54,864 | 37,743 | |||||
Digital Banking | 19,271 | 11,498 | 46,467 | 31,927 | |||||
DRTC | 2,087 | 1,882 | 7,787 | 6,142 | |||||
Digital Meteor | 634 | 496 | 1,662 | 692 | |||||
Net income | 6,582 | 9,705 | 23,254 | 34,232 | |||||
Adjusted net income* | 9,670 | 9,705 | 26,495 | 34,232 | |||||
Income per common share: | |||||||||
Basic | $ 0.20 | $ 0.36 | $ 0.74 | $ 1.29 | |||||
Diluted | $ 0.20 | $ 0.36 | $ 0.74 | $ 1.29 | |||||
Adjusted income per common share basic and diluted* | $ 0.30 | $ 0.36 | $ 0.85 | $ 1.29 | |||||
Dividends paid on preferred shares | $ - | $ 247 | $ - | $ 741 | |||||
Dividends paid on common shares | $ 807 | $ 650 | $ 2,433 | $ 1,950 | |||||
Yield* | 5.58 % | 6.40 % | 5.66 % | 6.50 % | |||||
Cost of funds* | 3.33 % | 4.17 % | 3.49 % | 4.12 % | |||||
Net interest margin* | 2.25 % | 2.23 % | 2.17 % | 2.38 % | |||||
Net interest margin on credit assets* | 2.55 % | 2.41 % | 2.50 % | 2.58 % | |||||
Return on average common equity* | 4.94 % | 9.63 % | 6.71 % | 11.79 % | |||||
Adjusted return on average common equity* | 7.24 % | 9.63 % | 7.61 % | 11.79 % | |||||
Book value per common share* | $ 16.42 | $ 15.23 | $ 16.42 | $ 15.23 | |||||
Efficiency ratio* | 69 % | 50 % | 61 % | 45 % | |||||
Adjusted efficiency ratio* | 55 % | 50 % | 56 % | 45 % | |||||
Return on average total assets* | 0.50 % | 0.85 % | 0.60 % | 1.03 % | |||||
Provision (recovery) for credit losses as a % of average credit | |||||||||
assets* | 0.10 % | 0.00 % | 0.09 % | 0.00 % | |||||
as at | |||||||||
Balance Sheet Summary | |||||||||
Cash | $ 460,312 | $ 247,983 | $ 460,312 | $ 247,983 | |||||
Securities | 160,136 | 153,026 | 160,136 | 153,026 | |||||
Credit assets, net of allowance for credit losses | 4,778,316 | 4,049,449 | 4,778,316 | 4,049,449 | |||||
Average credit assets | 4,651,064 | 4,033,954 | 4,507,216 | 3,949,927 | |||||
Total assets | 5,477,489 | 4,516,436 | 5,477,489 | 4,516,436 | |||||
Deposits | 4,627,410 | 3,821,185 | 4,627,410 | 3,821,185 | |||||
Subordinated notes payable | 102,148 | 101,641 | 102,148 | 101,641 | |||||
Shareholders' equity | 528,142 | 408,985 | 528,142 | 408,985 | |||||
Capital ratios** | |||||||||
Risk-weighted assets | $ 3,740,088 | $ 3,273,524 | $ 3,740,088 | $ 3,273,524 | |||||
Common Equity Tier 1 capital | 507,212 | 384,496 | 507,212 | 384,496 | |||||
Total regulatory capital | 617,079 | 504,112 | 617,079 | 504,112 | |||||
Common Equity Tier 1 (CET1) ratio | 13.56 % | 11.75 % | 13.56 % | 11.75 % | |||||
Tier 1 capital ratio | 13.56 % | 12.16 % | 13.56 % | 12.16 % | |||||
Total capital ratio | 16.50 % | 15.40 % | 16.50 % | 15.40 % | |||||
Leverage ratio | 8.90 % | 8.54 % | 8.90 % | 8.54 % | |||||
* See definitions under 'Non-GAAP and Other Financial Measures' in the Q3 2025 Management's Discussion and Analysis. | ||||||||||
** Capital management and leverage measures are in accordance with OSFI's Capital Adequacy Requirements | ||||||||||
and Basel III Accord. | ||||||||||
This news release is intended to be read in conjunction with the Bank's Consolidated Financial Statements and Management's Discussion & Analysis (MD&A) for the three & nine months ended July 31, 2025, which are available on VersaBank's website at www.versabank.com, SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov/edgar.
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.
Forward-Looking Statements
This press release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws ("forward-looking statements") including statements regarding the ability to obtain shareholder, regulatory and other approvals of the Proposed Realignment of Corporate Structure; the expected realization of additional shareholder value, the simplification of the regulatory structure and the reduction of costs as a result of the Proposed Realignment of Corporate Structure; the key elements of the Proposed Realignment of Corporate Structure; the ability to obtain inclusion on stock indices, including the Russell 2000; the ability to continue to grow the US Receive Purchase Program; the ability to expand our net interest margin; and the ability to continue to grow the CMHC residential construction loan program. Forward-looking statements of this type are included in this document and may be included in other filings and with Canadian securities regulators or the US Securities and Exchange Commission, or in other communications. All such statements are made pursuant to the "safe harbor" provisions of, and are intended to be forward-looking statements under, the United States Private Securities Litigation Reform Act of 1995 and any applicable Canadian securities legislation. The statements in this press release that relate to the future are forward-looking statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, many of which are out of VersaBank's control. Risks exist that predictions, forecasts, projections and other forward-looking statements will not be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements as a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include, but are not limited to, the strength of the Canadian and US economies in general and the strength of the local economies within
Completion of VersaBank's plan to realign its corporate structure to a standard US bank framework is subject to numerous factors, many of which are beyond the Bank's control, including but not limited to, the failure to obtain required shareholder, regulatory and other approvals, and other important factors disclosed previously and from time to time in the Bank's filings with the SEC and the securities commissions or similar securities regulatory authorities in each of the provinces or territories of
The foregoing list of important factors is not exhaustive. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The forward-looking information contained in the management's discussion and analysis is presented to assist VersaBank shareholders and others in understanding VersaBank's financial position and may not be appropriate for any other purposes.
For a detailed discussion of certain key factors that may affect VersaBank's future results, please see VersaBank's annual MD&A for the year ended October 31, 2024. Except as required by securities law, VersaBank does not undertake to update any forward-looking statement that is contained in this press release or made from time to time by VersaBank or on its behalf.
Conference Call
VersaBank will be hosting a conference call and webcast today, Thursday, September 4, 2025, at 9:00 a.m. (ET) to discuss its third quarter results, featuring a presentation by David Taylor, President & CEO and John Asma, CFO, followed by a question-and-answer period. To join the conference call by telephone without operator assistance, you may register and enter your phone number in advance at: https://emportal.ink/4mwRvKC to receive an instant automated call back. Alternatively, you may also dial direct and be entered into the call by an Operator at: 1-416-945-7677 or 1-888-699-1199 (toll free).
For those preferring to listen to the presentation via the Internet, a live webcast will be available at https://app.webinar.net/rydB4g629Xb or on the Bank's web site at: https://www.versabank.com/investor-relations/events-presentations/. The slide presentation management will use during the conference call/webcast will be available on the Bank's web site at: https://www.versabank.com/investor-relations/financial-results/.
The archived webcast presentation will be available for 90 days following the live event at https://app.webinar.net/rydB4g629Xb and on the Bank's web site at: https://www.versabank.com/investor-relations/events-presentations/. Replay of the teleconference will be available until October 4, 2025 by calling 289-819-1450 or 1-888-660-6345 (toll free) and the passcode is: 67670#
Visit our website at: www.versabank.com
Follow VersaBank on Facebook, Instagram, LinkedIn and X.
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SOURCE VersaBank
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