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SummaryUpdated Jul 1, 2026
VersaBank (NASDAQ:VBNK) is a Canadian Schedule I chartered bank founded in 1979 and headquartered in London, Ontario. Originally known as Pacific & Western Bank of Canada, the company rebranded to VersaBank in May 2016 and went public on the NASDAQ in August 2021. The bank has evolved from a traditional regional lender into a specialized digital banking platform focused on point-of-sale financing and innovative financial technology solutions. With approximately $4.8 billion in total assets as of 2024, VersaBank operates primarily in Canada while expanding into the U.S. market through its recent acquisition of Stearns Bank Holding.
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VersaBank reported Q3 earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.34 per share, compared to $0.22 per share a year ago.17d agoVersaBank announced the first implementation of its Real-Time Structured Receivable Program in the United States by its partner ECN Capital.19d ago