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VersaBank T.VBNK

Alternate Symbol(s):  VBNK | T.VBNK.P.A

VersaBank is a Canada-based chartered bank. The Bank provides commercial lending and banking services in Canada and the United States, as well as cybersecurity services and banking and financial technology development services through the operations of its wholly owned subsidiary DRT Cyber Inc. (DRTC). It operates through two segments: Digital Banking and DRTC (cybersecurity services). Digital Banking segment obtains its deposits and provides its loans and leases electronically via deposit and lending solutions for financial intermediaries. DRTC segment develops solutions to address the volume of cyber threats challenging financial institutions, multi-national corporations and government entities. Its loan portfolio includes point-of-sale loans and leases, commercial real estate mortgages, commercial real estate loans and public sector and other financing. It also offers tax-free savings accounts, guaranteed investment certificates, and registered retirement savings plans.


TSX:VBNK - Post by User

Comment by McStockBigMacon Feb 24, 2021 3:29pm
150 Views
Post# 32649612

RE:RE:22 cents first q in line with what Stifel was expecting

RE:RE:22 cents first q in line with what Stifel was expecting No one knows. I'm assuming not anytime soon. I'm only saying this because it seems like they want to make more moves and will require money to do so. If they gave that money away to dividends, they would either have to dilute or cut back on dividend, which makes the company look bad. The share price itself going up like this is enough for me. I'm hoping share price goes high enough for a stock split and then another rise in share price.
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