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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 > 22 cents first q in line with what Stifel was expecting
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Comment by biggerron Feb 24, 2021 11:27pm
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Post# 32655222

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

RE:RE:RE:RE:RE:22 cents first q in line with what Stifel was expecting Wouldn't it be funny if this VCAD took off and became a major coin, VB would be worth $$ billions. Right now it's only $340 mil. cap which is nothing for a chartered Schedule 1 bank
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