NasdaqGS - Nasdaq Real Time Price • USD VersaBank (VBNK) Follow Compare 13.43 -0.12 (-0.90%) At close: January 10 at 4:00:01 PM EST 13.43 0.00 (0.00%) After hours: January 10 at 4:00:12 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations 3 TSX Growth Companies With Insider Ownership And 29% Revenue Growth As the Canadian market navigates a landscape shaped by shifting bond yields and potential rate cuts from the Bank of Canada, investors are evaluating opportunities beyond cash and cash-like instruments to potentially enhance returns. In this context, growth companies with high insider ownership can be particularly appealing, as they often reflect strong management confidence and alignment with shareholder interests—qualities that are especially valuable amid current economic conditions. VERSABANK ANNOUNCES EXERCISE OF OVER-ALLOTMENT OPTION IN PUBLIC OFFERING VersaBank (Nasdaq: VBNK) (TSX: VBNK) (the "Bank") today announced that the underwriters of its previously announced public offering of common shares (the "Offering") have fully exercised their option to purchase an additional 849,056 common shares at a price of US$13.25 (approximately CAD$19.07) per share, resulting in additional gross proceeds of US$11,249,992 (approximately CAD$16,194,363). The sale of the additional shares closed today. After giving effect to the full exercise of the over-all VERSABANK COMPLETES SUCCESSFUL OFFERING OF COMMON SHARES VersaBank (NASDAQ: VBNK) (TSX: VBNK) (the "Bank") today announced that it has successfully completed its previously announced public offering of common shares (the "Offering") at a price to the public of US$13.25 (approximately CAD$18.95) per share. An aggregate of 5,660,378 common shares were sold by the Bank for gross proceeds, before underwriting discounts and offering costs, of US$75,000,009 (approximately CAD$107,287,513). VersaBank Announces $75 Million Common Share Offering to Boost Capital Versabank ( (TSE:VBNK) ) has shared an announcement. VersaBank has announced the pricing of its public offering of 5,660,378 common shares at $13.25 per share, aiming to raise approximately $75 million. The proceeds are expected to enhance the bank’s capital base and support general banking purposes. The offering is subject to customary closing conditions, with Raymond James & Associates as the sole bookrunning manager, and the shares will be listed on Nasdaq and TSX. This move could strengthen VERSABANK PRICES OFFERING OF COMMON SHARES VersaBank (Nasdaq:VBNK; TSX:VBNK) (the "Bank") today announced the pricing of its previously announced public offering of 5,660,378 common shares (the "Offering") at a price to the public of US$13.25 per share. The gross proceeds from the Offering, before underwriting discounts and offering costs, are expected to be US$75,000,009. VERSABANK LAUNCHES OFFERING OF COMMON SHARES VersaBank (Nasdaq: VBNK) (TSX: VBNK) (the "Bank") today announced that it has filed a preliminary prospectus supplement (the "Preliminary Supplement") to its short form base shelf prospectus dated November 22, 2024 (the "Base Shelf Prospectus"). The Preliminary Supplement was filed in connection with a public offering of the Bank's common shares (the "Offering"). The Preliminary Supplement has been filed with the securities regulatory authorities in each of the provinces and territories of Canad Earnings Miss: VersaBank Missed EPS By 11% And Analysts Are Revising Their Forecasts VersaBank ( TSE:VBNK ) shareholders are probably feeling a little disappointed, since its shares fell 7.2% to CA$23.16... VersaBank Full Year 2024 Earnings: Misses Expectations VersaBank ( TSE:VBNK ) Full Year 2024 Results Key Financial Results Revenue: CA$111.9m (up 3.6% from FY 2023). Net... VersaBank (VBNK) Q4 2024 Earnings Call Highlights: Record Asset Growth Amidst Challenging ... VersaBank (VBNK) reports a record high in total assets and net income, despite facing increased non-interest expenses and a challenging economic environment. VersaBank (VBNK) Q4 Earnings Surpass Estimates VersaBank (VBNK) delivered earnings and revenue surprises of 3.70% and 7.76%, respectively, for the quarter ended October 2024. Do the numbers hold clues to what lies ahead for the stock? VERSABANK TRANSITIONS CORE TEAM RESPONSIBLE FOR CANADIAN RECEIVABLE PURCHASE PROGRAM SUCCESS TO LEAD US OPPORTUNITY VersaBank (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced the transition of key members of the executive team responsible for the success of the Receivable Purchase Program ("RPP") to VersaBank USA in support of the Bank's US RPP opportunity: VERSABANK FOURTH QUARTER AND FISCAL 2024 RESULTS CONTINUE TO DEMONSTRATE STRENGTH OF BUSINESS MODEL AS BANK LAUNCHES PROVEN RPP SOLUTION IN US MARKET VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today reported its results for the fourth quarter and fiscal year ended October 31, 2024. All figures are in Canadian dollars unless otherwise stated. VERSABANK DECLARES DIVIDENDS VersaBank (the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced that cash dividends in the amount of CAD $0.025 per Common Share of the Bank have been declared for the quarter ending January 31, 2025, payable as of January 31, 2025, to shareholders of record at the close of business on January 10, 2025. Undiscovered Gems in Canada to Watch This December 2024 As the Canadian market benefits from easing monetary policies and robust household spending, investor sentiment has been buoyed by strong performances in key sectors like financials and materials. In this environment, identifying promising small-cap stocks involves looking for companies with solid fundamentals that can capitalize on these favorable economic conditions. 3 TSX Growth Companies With Up To 36% Insider Ownership In the current Canadian market landscape, easing monetary policies and a resilient domestic economy have bolstered financials and materials sectors, contributing to robust performance in the TSX. Amidst these favorable conditions, growth companies with high insider ownership stand out as potentially strong contenders for investors seeking alignment between management interests and shareholder value. VersaBank to Report Fourth Quarter and Fiscal 2024 Year End Results Monday, December 9, 2024 at 7:00 a.m. ET VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) will report its fourth quarter and fiscal 2024 year-end financial results and host a conference call to discuss those results on Monday, December 9, 2024. The conference call/webcast is scheduled for 9:00 a.m. ET and is expected to last approximately 60 minutes. The conference call/webcast will include a presentation by David Taylor, President & CEO and John Asma, CFO, followed by a question and answer period. The Bank will report PennantPark (PNNT) Q4 Earnings Match Estimates PennantPark (PNNT) delivered earnings and revenue surprises of 0% and 0.36%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? VERSABANK SUBSIDIARY DRT CYBER STRENGTHENS CUSTOMER VALUE PROPOSITION WITH ROBUST SOC2 TYPE 1 CERTIFICATION VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a leader in digital banking and cyber security solutions, today announced its wholly owned subsidiary DRT Cyber Inc.'s ("DRTC") Penetration Testing division, Digital Boundary Group, Inc. ("DBG"), has obtained System and Organization Controls 2 ("SOC2") Type 1 Certification. This certification affirms that DBG's services comply with the SOC Trust Services Criteria for Security, thereby providing customers, particularly those in reg Private companies account for 33% of VersaBank's (TSE:VBNK) ownership, while individual investors account for 33% Key Insights Significant control over VersaBank by private companies implies that the general public has more power to... VERSABANK TO PARTICIPATE IN 13TH ANNUAL ROTH TECHNOLOGY CONFERENCE IN NEW YORK CITY NOVEMBER 19-20, 2024 VersaBank ("VersaBank" or the "Bank") (TSX: VBNK; NASDAQ: VBNK) today announced management will participate in the 13th Annual ROTH Technology Conference to be held November 19-20, 2024 in New York City. VersaBank management will be participating in one-on-one meetings throughout the conference. The conference is exclusively for ROTH's institutional clients and is by invitation only. Prospective attendees are encouraged to contact their ROTH sales representative or email registration@roth.com to Performance Overview Trailing total returns as of 1/10/2025, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index Return VBNK S&P/TSX Composite index YTD -0.22% +0.60% 1-Year +22.34% +18.10% 3-Year +13.79% +17.47%