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Versabank T.VBNK

Alternate Symbol(s):  VBNK

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.


TSX:VBNK - Post by User

Comment by Jsboutinon Jan 14, 2021 3:19pm
176 Views
Post# 32298883

RE:company presenting today at virtual conference 10:45am est

RE:company presenting today at virtual conference 10:45am est
I listened to the replay over lunch. Frankly nothing really new if you were up to date on press releases. I'm not a huge fan of Mr. Taylor's presentation style, but I felt it was an ok presentation for people not familiar with the company.
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