VERSABANK TO HOST FIRST QUARTER FISCAL 2023 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST WEDNESDAY, MARCH 8, 2023 at 9:00 A.M. ET

Rhea-AI Summary

VersaBank will announce its first quarter fiscal 2023 financial results on March 8, 2023, at 7:00 a.m. ET. The bank is set to host a conference call/webcast at 9:00 a.m. ET, lasting approximately 60 minutes. The presentation will be led by David Taylor, President & CEO, and Shawn Clarke, CFO, followed by a Q&A session. Financial results will be made available in a news release prior to the call. A live webcast will be accessible on the bank's website, with archived material available for 90 days. VersaBank, noted for its digital banking model, listed on Nasdaq and TSX under the symbol VBNK.

Positive

• VersaBank is recognized as the world's first fully digital financial institution.
• The bank applies proprietary technology to target underserved segments in the Canadian market.

Negative

• None.

Bank to Report First Quarter Fiscal 2023 Results Wednesday, March 8, 2023 at 7:00 a.m. ET

LONDON, ON, Feb. 22, 2023 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) will report its first quarter 2023 financial results and host a conference call to discuss those results on Wednesday, March 8, 2023. The conference call/webcast is scheduled for 9:00 a.m. ET and is expected to last approximately 60 minutes.  The conference call/webcast will include a presentation by David Taylor, President & CEO and Shawn Clarke, CFO, followed by a question and answer period.  The Bank will report its financial results via news release at approximately 7:00 a.m. ET.

To join the conference call by telephone without operator assistance, you may register and enter your phone number in advance at https://bit.ly/3JKSPJv to receive an instant automated call back.  Alternatively, you may also dial direct and be entered into the call by an Operator at:  416-764-8659 or 1-888-664-6392 (toll free).

For those preferring to listen to the presentation via the Internet, a live webcast will be available at https://app.webinar.net/x8GVZWDBk1P or on the Bank's web site.  The slide presentation management will use during the conference call/webcast will be available on the Bank's web site.

The archived webcast presentation will be available for 90 days following the live event at https://app.webinar.net/x8GVZWDBk1P and on the Bank's web site.  Replay of the teleconference will be available until April 8, 2023 by calling 416-764-8677 or 1-888-390-0541 (toll free) and the passcode is: 158247#

About VersaBank

VersaBank is a Canadian Schedule I chartered (federally regulated) bank with a difference. VersaBank became the world's first fully digital financial institution when it adopted its highly efficient business-to-business model using its proprietary state-of-the-art financial technology to profitably address underserved segments of the Canadian banking market in the pursuit of superior net interest margins while mitigating risk. VersaBank obtains all of its deposits and provides the majority of its loans and leases electronically, with innovative deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses. In addition, leveraging its internally developed IT security software and capabilities, VersaBank established wholly owned, Washington, DC-based subsidiary, DRT Cyber Inc. to pursue significant large-market opportunities in cyber security and develop innovative solutions to address the rapidly growing volume of cyber threats challenging financial institutions, multi-national corporations and government entities on a daily basis.

VersaBank's Common Shares trade on the Toronto Stock Exchange ("TSX") and Nasdaq under the symbol VBNK.  Its Series 1 Preferred Shares trade on the TSX under the symbol VBNK.PR.A. 

Visit our website at:  www.versabank.com

Follow VersaBank on Facebook, Instagram, LinkedIn and Twitter.

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SOURCE VersaBank

FAQ

When will VersaBank report its first quarter fiscal 2023 results?

VersaBank will report its first quarter fiscal 2023 results on March 8, 2023.

What time is the VersaBank conference call scheduled?

The conference call is scheduled for 9:00 a.m. ET on March 8, 2023.

How can I listen to VersaBank's financial results presentation?

You can listen to the presentation via a live webcast on the bank's website.