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

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Post by Jackson2774on Feb 28, 2021 1:49pm

347 Views

Post# 32681834

30-Year 'Overnight Success'

It's been a long time coming and now it's time to reap some rewards.

Well done Mr. Taylor and associates!

VersaBank's best days lie ahead, and I plan to with them all the way.

VB is unique in so many ways - there's nothing that can come close to the multi-faceted platforms
that are the building blocks and are now primed to propell this company to greater and greater heights.

Well done!

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