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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

Post by retiredcfon Sep 16, 2024 10:47am
229 Views
Post# 36225426

Keystone Financial

Keystone FinancialAttended the Toronto MoneyShow on Friday and caught Ryan Irvine's presentation. At the concluseion of his general remarks, he offered up 5 stocks that they think have the potential to be a 10 bagger. Thinking in terms of 3 -10 years, as we anticipated, his first pick was VBNK and he provided the most in depth discussion of the five. GLTA

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