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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 ferret_caon Feb 24, 2021 1:34pm
163 Views
Post# 32648344

RE:Versabank in the news on cryptocurrency and fintech sites

RE:Versabank in the news on cryptocurrency and fintech sitesI'd much rather see it move up from fundatmentals and the great Q they reported today, we don't need the hype bs on this one, this one won't need hype, imho, mgmt is doing it right and building a cash machine with massive runway. VB will take off on it's own accord as we see this morning.

we should get some analyst upgrades (at least by the few that follow it due to low float), aquiring a US regulated bank on the cheap and a Nasdaq listing with provide absolutely massive upside here, on top of what we already have going for us, etf's and or funds buying this stock alone will drive the s/p significantly higher imho. I love this story and the coffe tastes extra special this morning

cheers and gl  ferret
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