{"id":821850,"date":"2025-03-05T07:07:32","date_gmt":"2025-03-05T12:07:32","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/versabank-declares-dividends-6\/"},"modified":"2025-03-05T07:07:32","modified_gmt":"2025-03-05T12:07:32","slug":"versabank-declares-dividends-6","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/versabank-declares-dividends-6\/","title":{"rendered":"VERSABANK DECLARES DIVIDENDS"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">LONDON, ON<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">March 5, 2025<\/span><\/span> \/PRNewswire\/ &#8211; VersaBank (the &#8220;Bank&#8221;) (TSX: VBNK; NASDAQ: VBNK) today announced that cash dividends in the amount of CAD <span class=\"xn-money\">$0.025<\/span> per Common Share of the Bank have been declared for the quarter ending <span class=\"xn-chron\">April 30, 2025<\/span>, payable as of <span class=\"xn-chron\">April 30, 2025<\/span>, to shareholders of record at the close of business on <span class=\"xn-chron\">April 4, 2025<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2633720\/VersaBank_VERSABANK_DECLARES_DIVIDENDS.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2633720\/VersaBank_VERSABANK_DECLARES_DIVIDENDS.jpg\" title=\"VersaBank Logo (CNW Group\/VersaBank)\" alt=\"VersaBank Logo (CNW Group\/VersaBank)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The dividends to which this notice relates are eligible dividends for tax purposes.<\/p>\n<p>\n        <b>About VersaBank\u00a0<\/b>\n      <\/p>\n<p>VersaBank is a North American bank (federally chartered in <span class=\"xn-location\">Canada<\/span> and the U.S.) with a difference.\u00a0 VersaBank has a branchless, digital, business-to-business model based on its proprietary state-of-the-art technology that enables it to profitably address underserved segments of the banking industry in a significantly risk mitigated manner.\u00a0 Because VersaBank obtains substantially all of its deposits and undertakes the majority of its lending electronically through financial intermediary partners, it benefits from significant operating leverage that drives efficiency and return on common equity.\u00a0 In <span class=\"xn-chron\">August 2024<\/span>, VersaBank launched its unique Receivable Purchase Program (RPP) funding solution for point-of-sale finance companies, which has been highly successful in <span class=\"xn-location\">Canada<\/span> for nearly 15 years, to the underserved multi-trillion-dollar U.S. market.\u00a0 VersaBank also owns <span class=\"xn-location\">Washington, DC<\/span>-based DRT Cyber Inc., a <span class=\"xn-location\">North America<\/span> leader in the provision of cyber security services to address the rapidly growing volume of cyber threats challenging financial institutions, multi-national corporations and government entities.<\/p>\n<p>VersaBank&#8217;s Common Shares trade on the Toronto Stock Exchange (&#8220;TSX&#8221;) and Nasdaq under the symbol VBNK.\u00a0<\/p>\n<p>Visit our website at:\u00a0 <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4375760-1&amp;h=2368068322&amp;u=http%3A%2F%2Fwww.versabank.com%2F&amp;a=www.versabank.com\" target=\"_blank\" rel=\"nofollow\">www.versabank.com<\/a><\/p>\n<p>Follow VersaBank on <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4375760-1&amp;h=2423730383&amp;u=https%3A%2F%2Fwww.facebook.com%2FVersaBank%2F&amp;a=Facebook\" target=\"_blank\" rel=\"nofollow\">Facebook<\/a>, <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4375760-1&amp;h=2593322797&amp;u=https%3A%2F%2Fwww.instagram.com%2Fversabank%2F&amp;a=Instagram\" target=\"_blank\" rel=\"nofollow\">Instagram<\/a>, <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4375760-1&amp;h=748572879&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fversabank%2F%3ForiginalSubdomain%3Dca&amp;a=LinkedIn\" target=\"_blank\" rel=\"nofollow\">LinkedIn<\/a>\u00a0and <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4375760-1&amp;h=1024514755&amp;u=https%3A%2F%2Ftwitter.com%2Fversabank%3Flang%3Den&amp;a=X\" target=\"_blank\" rel=\"nofollow\">X<\/a>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=TO33226&amp;sd=2025-03-05\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/versabank-declares-dividends-302392281.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/versabank-declares-dividends-302392281.html<\/a><\/p>\n<p>SOURCE  VersaBank<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=TO33226&amp;Transmission_Id=202503050700PR_NEWS_USPR_____TO33226&amp;DateId=20250305\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire LONDON, ON , March 5, 2025 \/PRNewswire\/ &#8211; VersaBank (the &#8220;Bank&#8221;) (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 April 30, 2025, payable as of April 30, 2025, to shareholders of record at the close of business on April 4, 2025. The dividends to which this notice relates are eligible dividends for tax purposes. About VersaBank\u00a0 VersaBank is a North American bank (federally chartered in Canada and the U.S.) with a difference.\u00a0 VersaBank has a branchless, digital, business-to-business model based on its proprietary state-of-the-art technology that enables it to profitably address underserved segments of the banking industry in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/versabank-declares-dividends-6\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;VERSABANK DECLARES DIVIDENDS&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-821850","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>VERSABANK DECLARES DIVIDENDS - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/versabank-declares-dividends-6\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VERSABANK DECLARES DIVIDENDS - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire LONDON, ON , March 5, 2025 \/PRNewswire\/ &#8211; VersaBank (the &#8220;Bank&#8221;) (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 April 30, 2025, payable as of April 30, 2025, to shareholders of record at the close of business on April 4, 2025. The dividends to which this notice relates are eligible dividends for tax purposes. About VersaBank\u00a0 VersaBank is a North American bank (federally chartered in Canada and the U.S.) with a difference.\u00a0 VersaBank has a branchless, digital, business-to-business model based on its proprietary state-of-the-art technology that enables it to profitably address underserved segments of the banking industry in &hellip; Continue reading &quot;VERSABANK DECLARES DIVIDENDS&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/versabank-declares-dividends-6\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-05T12:07:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/2633720\/VersaBank_VERSABANK_DECLARES_DIVIDENDS.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/versabank-declares-dividends-6\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/versabank-declares-dividends-6\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"VERSABANK DECLARES DIVIDENDS\",\"datePublished\":\"2025-03-05T12:07:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/versabank-declares-dividends-6\\\/\"},\"wordCount\":268,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/versabank-declares-dividends-6\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/2633720\\\/VersaBank_VERSABANK_DECLARES_DIVIDENDS.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/versabank-declares-dividends-6\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/versabank-declares-dividends-6\\\/\",\"name\":\"VERSABANK DECLARES DIVIDENDS - 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