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.

TSX:VBNK - Post by User

Versabank > company presenting today at virtual conference 10:45am est

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Comment by SamRothsteinon Jan 15, 2021 1:40pm

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Post# 32307276

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

We are up 70% in just over 2 months! Finally! If I still had the position I had at one point this would be an abosolutely giant pay day for me. But I had to get my money moving over last few years, just couldn't leave so much in here while it did nothing. I still have a pretty health chunk though and I am thrilled!