Versabank T.VBNK

Alternate Symbol(s): VBNK

Financial Services

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). The Digital Banking segment obtains its deposits and provides its loans and leases electronically via deposit and lending solutions for financial intermediaries. Its loan portfolio includes point-of-sale loans and leases, commercial real estate mortgages, commercial real estate loans and public sector and other financing. The DRTC segment develops solutions to address the volume of cyber threats challenging financial institutions, multi-national corporations and government entities. It also offers receivable purchase program (RPP) funding solution for point-of-sale finance companies.

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Comment by MS12345on Jan 12, 2021 9:03am

139 Views

Post# 32274464

RE:RE:RE:inside buying

With the major banks hoarding cash from.the pandemic, anyone thinking this could be a takeout play?

SamRothstein wrote: Pinch me I'm dreaming! VB arises! The stock for those with the patience of Job.

SamRothstein wrote: $9.20! I love it. I think this will be at $10 by April, barring a major market correction.

microcaphobby wrote: The past two weeks, including yesterday.