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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 May 25, 2021 2:13pm
178 Views
Post# 33260939

RE:RE:Too expensive on all accounts

RE:RE:Too expensive on all accounts It should be a great quarter, there has been pretty much nothing but insider buying going on all thru the quarter, that just doesn't happen leading up to a bad q. 

they don't hold crypto themselves but are able to have their cusomers have that option, which is very rare and a plus imho, not a negative.

these guys are growing fairly rapidly and there are only 21m shares out, lots to like here, imho, I'm looking forward to the earnings results on wednesday.

cheers ferret
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