VBNKVersaBank
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A mixed picture: the questions disagree
Quality shaky, nothing alarming, growing in the filings, the market undecided.
Versabank (the “Bank”) is a Canadian issuer that is permitted, under the multijurisdictional disclosure system adopted in the United States, to prepare this Annual Report on Form 40-F (this “Annual Report”) pursuant to Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), in accordance with Canadian disclosure requirements, which are different from those of the United States. The Bank is a “foreign private issuer” as defined in Rule 3b-4 under the Exchange Act and Rule 405 under the Securities Act of 1933, as amended (the “Securities Act”).
In the company’s own words · 40-F filed Dec 10, 2025 · SEC EDGAR
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As reported to the SEC, without any scoring.
VersaBank (VBNK) reported revenue of CAD 37M in Q1 2026 (quarter ended Jan 31, 2026), up 31% from the same quarter a year earlier. That came with net income of CAD 11M (30% of revenue). For the full year FY2025, revenue was CAD 125M (+12% year on year) and net income CAD 28M.
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Banks, Regional
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