NASDAQ:VBNK

VERSABANK RECEIVES FINAL U.S. APPROVAL FOR U.S. BANK ACQUISITON

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Friday, June 14, 2024
Cloud, Acquisition, OSFI, OCC, Financial institution, Culture, National Bank Act, Growth, Superintendent, Fed, RPP, Comptroller, Michael J. Hsu, Sale, VersaBank, TSX, Bank

The OCC approval is the second and final U.S. regulatory approval required for VersaBank to proceed with the Stearns Holdingford acquisition.

Key Points: 
  • The OCC approval is the second and final U.S. regulatory approval required for VersaBank to proceed with the Stearns Holdingford acquisition.
  • VersaBank will now seek approval for the Stearns Holdingford acquisition from its Canadian regulator, the Office of the Superintendent of Financial Institutions (OSFI).
  • Stearns Financial, a multi-bank holding company owning two additional and separate national bank charters, Stearns Bank Upsala National Association and Stearns Financial's flagship and largest national bank, Stearns Bank National Association (headquartered in St.
  • "It speaks volumes that our Canadian neighbor, VersaBank, has chosen Holdingford as its home base for entry into the U.S. market," said Heather Plumski, President of Stearns Bank Holdingford.

VERSABANK ANNOUNCES THE RESULTS OF ITS 2024 MEETING OF SHAREHOLDERS

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Thursday, April 18, 2024
Bank, VersaBank, TSX, Special

LONDON, ON, April 18, 2024 /PRNewswire/ - VersaBank (TSX: VBNK) (NASDAQ: VBNK) ("VersaBank" or the "Bank") reports the results of its 2024 Annual and Special Meeting of Shareholders (the "Meeting") held in London, Ontario on April 17, 2024.

Key Points: 
  • LONDON, ON, April 18, 2024 /PRNewswire/ - VersaBank (TSX: VBNK) (NASDAQ: VBNK) ("VersaBank" or the "Bank") reports the results of its 2024 Annual and Special Meeting of Shareholders (the "Meeting") held in London, Ontario on April 17, 2024.
  • Each of the director nominees listed in VersaBank's Management Information Circular dated February 22, 2024, were elected as directors of the Bank.
  • The detailed results of the vote are as follows, with percentages rounded to two decimal places:

Banking Virtual Investor Conference Agenda Announced for March 14, 2024

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Tuesday, March 12, 2024
Partnership, OTC Markets Group, Corporate services, Conference, OTCQX, Cryptocurrency

NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the Banking Virtual Investor Conference to be held March 14th.

Key Points: 
  • NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the Banking Virtual Investor Conference to be held March 14th.
  • Individual investors, institutional investors, advisors, and analysts are invited to attend.
  • It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.
  • “We are pleased to host the Banking Virtual Investor Conference this Thursday, March 14.

VERSABANK'S 2024 ANNUAL AND SPECIAL MEETING TO BE HELD ON APRIL 17, 2024 - MEETING WILL ALSO BE LIVE STREAMED

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Wednesday, April 3, 2024
Odyssey, Meeting, VersaBank, Bank, TSX

LONDON, ON, April 3, 2024 /PRNewswire/ - VersaBank (the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced its upcoming annual and special meeting of shareholders (the "Meeting") will be held at the VersaBank Innovation Centre of Excellence, 1979 Otter Place, London, Ontario on Wednesday, April 17, 2024 at 10:30 a.m. and will also be live-streamed.

Key Points: 
  • LONDON, ON, April 3, 2024 /PRNewswire/ - VersaBank (the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced its upcoming annual and special meeting of shareholders (the "Meeting") will be held at the VersaBank Innovation Centre of Excellence, 1979 Otter Place, London, Ontario on Wednesday, April 17, 2024 at 10:30 a.m. and will also be live-streamed.
  • The link to the Live Webcast will be available on the Bank's website closer to the date of the event.
  • Shareholders wishing to attend the Meeting electronically will not be able to vote at or during the Meeting and must submit their advanced proxy voting instructions to Odyssey Trust Company, by no later than 10:30 a.m. on April 15, 2024 by one of the methods described in the Management Proxy Circular (available at: www.versabank.com/investor-relations/shareholder-meetings/ ).

VERSABANK TO PARTICIPATE IN UPCOMING CONFERENCES

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Monday, March 11, 2024
VersaBank, Bank, TSX, Conference, Cryptocurrency

LONDON, ON, March 11, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK; NASDAQ: VBNK) today announced management will participate in the following investor conferences:

Key Points: 
  • LONDON, ON, March 11, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK; NASDAQ: VBNK) today announced management will participate in the following investor conferences:
    iAccessAlpha Buyside Best Ideas Spring Conference on March 12-13, 2024.
  • A live webcast of the presentation will be available at https://www.webcaster4.com/Webcast/Page/3024/50045 as well as on the company website at https://www.versabank.com/investor-relations/events-presentations/ .
  • VersaBank management will participate in one-on-one meetings on Wednesday March 13, 2024.
  • VersaBank management will be participating in one-on-one meetings.

VERSABANK DECLARES DIVIDENDS

Retrieved on: 
Wednesday, March 6, 2024
Bank, TSX, CAD, Indian stock exchange, VersaBank

LONDON, ON, March 6, 2024 /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 and CAD $0.1693 per Series 1 Preferred Share of the Bank, have been declared for the quarter ending April 30, 2024, payable as of April 30, 2024, to shareholders of record at the close of business on April 5, 2024.

Key Points: 
  • LONDON, ON, March 6, 2024 /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 and CAD $0.1693 per Series 1 Preferred Share of the Bank, have been declared for the quarter ending April 30, 2024, payable as of April 30, 2024, to shareholders of record at the close of business on April 5, 2024.
  • The dividends to which this notice relates are eligible dividends for tax purposes.

VERSABANK REPORTS RESULTS FOR FIRST QUARTER FISCAL 2024: CONTINUED ROBUST GROWTH IN POINT-OF-SALE RECEIVABLE PURCHASE PROGRAM DRIVES 41% YEAR-OVER-YEAR INCREASE IN EPS TO ANOTHER NEW RECORD[1]

Retrieved on: 
Wednesday, March 6, 2024
Acquisition, ROCE, Commercial property, Real estate, CMHC, VersaBank, OCC, POS, CRE, Growth, Computer security, Calendar, Digital, OSFI, Commercial, Consolidated, DRTC, Common equity, RPP

While this had a slight dampening effect on first quarter results, we expect that this strategic adjustment will enhance ROE and contribute to stronger growth in subsequent quarters throughout the year."

Key Points: 
  • While this had a slight dampening effect on first quarter results, we expect that this strategic adjustment will enhance ROE and contribute to stronger growth in subsequent quarters throughout the year."
  • "2024 is unfolding slightly ahead of expectations for our Point-of-Sale Receivable Purchase Program, providing continued confidence in our ability to surpass our next total asset milestone of $5 billion during the 2024 fiscal year.
  • Total assets increased 22% year-over-year and 3% sequentially to a record $4.3 billion, with the increase driven primarily by 7% growth in Digital Banking Operations' Point of Sale Receivable Purchase Program (POS/RPP) portfolio.
  • DBG's gross profit amounts are included in DRTC's consolidated revenue which is reflected in non-interest income in VersaBank's consolidated statements of income and comprehensive income.

VERSABANK PARTICIPATES IN 2024 KBW FINTECH & PAYMENTS CONFERENCE FEBRUARY 27-29, 2024

Retrieved on: 
Wednesday, February 21, 2024
Bank, TSX, KBW, Keefe, Bruyette & Woods, VersaBank, Conference

LONDON, ON, Feb. 21, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced management will participate in the Keefe, Bruyette & Woods ("KBW") Fintech & Payments Conference to be held February 27-29, 2024 in New York City.

Key Points: 
  • LONDON, ON, Feb. 21, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced management will participate in the Keefe, Bruyette & Woods ("KBW") Fintech & Payments Conference to be held February 27-29, 2024 in New York City.
  • As part of the conference, David Taylor, President and CEO will participate in a panel discussing BaaS Solutions for FinTechs on Thursday, February 29, 2024 at 11:00 a.m.
  • VersaBank management will be participating in one-on-one meetings throughout the conference.
  • Those interested in meeting with VersaBank should contact their KBW representative.

VERSABANK TO HOST FIRST QUARTER FISCAL 2024 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST WEDNESDAY, MARCH 6, 2024 AT 9:00 A.M. ET

Retrieved on: 
Wednesday, February 21, 2024
CFO, TSX, News, Report, VersaBank, Internet, Telephone, Online shopping

Bank to Report First Quarter Fiscal 2024 Results Wednesday, March 6, 2024 at 7:00 a.m.

Key Points: 
  • Bank to Report First Quarter Fiscal 2024 Results Wednesday, March 6, 2024 at 7:00 a.m.
  • ET
    LONDON, ON, Feb. 21, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) will report its first quarter 2024 financial results and host a conference call to discuss those results on Wednesday, March 6, 2024.
  • 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/ .
  • Replay of the teleconference will be available until April 6, 2024 by calling 416-764-8677 or 1-888-390-0541 (toll free) and the passcode is: 659787#

Presenting on Emerging Growth Conference 66 Day 2 on January 11 Register to Stream

Retrieved on: 
Wednesday, January 10, 2024
CFO, Policy, Conference, Business development, Management

Keynote speaker: James Walesa, CEO / Chairman & Dan Policy, Business Development Manager

Key Points: 
  • Keynote speaker: James Walesa, CEO / Chairman & Dan Policy, Business Development Manager
    Keynote speakers: Neal A. Lux, President / CEO & Director, Lyle Williams, CFO, and Rob Kukla, Director of Investor Relations
    Day 1 - January 10, 2024
    Register for the Conference.
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