VersaBank
D

VBNK

23.330
USD
0.09
(0.37%)
Market Closed
Last updated: · Delayed 15 min
Volume
5,737
EPS
2
Div Yield
0.31
P/E
31
Market Cap
756,337,113
Overview

Title: VersaBank

Sector: Financial Services
Industry: Banks - Regional
VersaBank is a Schedule I Canadian bank that provides mainly commercial lending and banking services to select niche markets in Canada and the United States. Its products and services include credit assets, deposits, and cybersecurity services through its wholly owned subsidiary. The bank operates through four segments: Digital Banking Canada and Digital Banking USA, both using a business-to-business model with proprietary financial technology to serve underserved markets; DRTC, which provides cybersecurity services and banking and financial technology development; and Digital Meteor, which owns proprietary technology supporting next-generation digital assets, including Real Bank Deposit Tokens (RBDTs). The majority of revenue comes from Digital Banking.
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