Welcome to our dedicated page for Versabank news (Ticker: VBNK), a resource for investors and traders seeking the latest updates and insights on Versabank stock.
VersaBank reports developments as a North American, federally chartered bank built around a branchless, digital business-to-business banking model. Its updates focus on the Structured Receivable Program for point-of-sale finance companies, electronic deposit and funding relationships with financial intermediary partners, and expansion of its digital banking activities in Canada and the United States.
Recurring news also covers cyber security and financial technology through DRT Cyber Inc., digital-asset banking initiatives such as VersaVault and Real Bank Tokenized Deposits, stablecoin custody services, Normal Course Issuer Bid activity, operating results, and shareholder-meeting governance matters.
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.
VersaBank (TSX/NASDAQ: VBNK) reported Q2 2026 results with total revenue of $38.3 million, up 27% year-over-year, and net interest income of $35.7 million, also up 27%.
Adjusted (core) net income rose 45% to $12.4 million, while reported net income declined 12% to $7.5 million due mainly to $6.7 million in non-core non-interest expenses, including $4.5 million of Reorganization costs and a $2.2 million intangible-asset write-down.
Total assets grew 28% year-over-year to $6.44 billion, credit assets expanded in both Canada and the US, and US Structured Receivable Program credit assets reached US$604.9 million.
VersaBank (NASDAQ: VBNK) filed a public Form S-4 registration statement with the SEC for a proposed corporate reorganization to a standard U.S. bank framework.
The plan would make new Delaware corporation Versa Bancorp the holding company of VersaBank and VersaBank USA National Association, subject to shareholder and multiple regulatory approvals.
VersaBank (VBNK) announced that Founder and President David Taylor was named Executive of the Year by the Canadian Lenders Association at the Canadian Finance Summit on May 28, 2026.
The award recognizes leadership, innovation and strategic impact in Canadian financial services, including banks, fintechs and other financial institutions.
VersaBank (TSX/NASDAQ: VBNK) will report its second quarter fiscal 2026 financial results via news release on Wednesday, June 3, 2026 at 7:00 a.m. ET, followed by a conference call/webcast at 9:00 a.m. ET featuring management presentations and Q&A.
VersaBank (TSX: VBNK) has launched a pilot with FinanceIt for a new Real-Time Structured Receivable Program (Real-Time SRP) to enable point-of-sale financing of individual loans within hours.
The Real-Time SRP eliminates the need to warehouse receivables for the typical five to 30+ days, leverages the bank's proprietary core banking software and internal AI, and targets expanded SRP adoption in Canada and the United States.
VersaBank (TSX: VBNK) received TSX approval to renew a Normal Course Issuer Bid (NCIB) allowing purchases of up to 2,000,000 common shares for cancellation (about 9.14% of public float based on a 21,876,251 public float as of April 16, 2026).
Daily purchases will be limited to 25% of ADTV (6,627 shares based on a six‑month ADTV of 26,510). Purchases may run from April 30, 2026 to April 29, 2027 on the TSX and Nasdaq; prior NCIB purchases totaled 573,251 shares at a VWAP of US$11.49.
VersaBank (TSX: VBNK) has begun receiving QCAD deposits under its custody services agreement with Stablecorp and congratulated Stablecorp on QCAD's listing on Kraken (April 20, 2026). The bank called this its first incremental income from its digital asset strategy and highlighted benefits of QCAD trading.
VersaBank said QCAD on Kraken enables Canadian Dollar on-chain settlements, deeper CAD liquidity, and 24/7 market access for institutional and retail clients.
VersaBank (TSX: VBNK) reported results of its Annual and Special Meeting held April 8, 2026 in London, Ontario. All director nominees named in the March 9, 2026 circular were elected, with individual vote percentages ranging from 98.07% to 99.81% in favour.
Shareholders approved the appointment of Ernst & Young LLP as auditors and an administrative by-law amendment permitting the roles of President and Chief Executive Officer to be held by separate individuals. Voting results will be filed on SEDAR+ and EDGAR.
VersaBank (TSX: VBNK / NASDAQ: VBNK) will hold its 2026 Annual and Special Meeting of Shareholders on Wednesday, April 8, 2026 at 10:30 a.m. ET at the VersaBank Innovation Centre of Excellence, 1979 Otter Place, London, Ontario.
The meeting will be live-streamed on the company's shareholder meetings web page; an archive will be posted there. Shareholders attending via live-stream cannot vote during the meeting and must submit proxy instructions to Odyssey Trust Company by 10:30 a.m. ET on April 6, 2026.