34.75
+6.89%
Close of 9 Nov 2026, in CAD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Versabank
Its shares trade on Toronto Stock Exchange under the ticker VBNK.TO. It has been listed since 27 August 2013. In the fiscal year to 31 October 2025, it reported net income of C$28.5m. At that date it held total assets of C$5.81bn and shareholders' equity of C$532.7m.
VersaBank engages in the provision of financial services. The company is headquartered in London, Ontario. The company went IPO on 2013-08-27. The company sources deposits, consumer loans, commercial loans and leases electronically. The Bank also makes residential development and commercial mortgages as its sources through a network of brokers and direct contact with its lending staff. The company operates through Banking segment. The Bank provides financing in the form of commercial and consumer loans, and lease receivables sourced through the Bank's bulk purchase program. The company also finances real estate developers in Southwestern Ontario and provides consumer lending through its private label credit card program. Its loan portfolio includes residential multi-family mortgages, commercial and consumer loans and leases, commercial mortgages, government financings and credit card receivables. Its commercial and consumer loans, and leases consist of commercial loans to investment grade corporations.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Financials
- Industry
- Banks
- Listed since
- 27 Aug 2013
- Employees
- 92
- Website
- versabank.com ↗
Leadership
Pay as last reported
- Mr. David TaylorPresident, Chief Executive Officer, Director, since 1993C$3.1m
- Ms. Susan McgovernIndependent Vice Chairman of the BoardC$124,300
- Mr. John AsmaChief Financial OfficerC$974,719
- Mr. Shawn ClarkeChief Operating OfficerC$1.1m
- Mr. Jonathan TaylorChief Human Resources Officer, since 2020C$674,079
- Mr. Brent HodgeSenior Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary
- Mr. Nick KristoSenior Vice PresidentC$862,021
- Mr. David ThomsSenior Vice President - Point of Sale Financing
- Mr. Wooi KoayChief Information Officer
- Mr. Chris PellarinVice President - Real Estate Lending
- Mr. Garry ClementChief Anti-Money Laundering Officer
- Mr. Saad InamChief Credit Officer
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 31
- Environment
- 36
- Social
- 21
- Governance
- 37
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- VersaBank has a strong financial position and a solid balance sheet, allowing it to withstand economic downturns and financial crises. The bank has a wide range of products and services, catering to the needs of both individual and corporate clients. VersaBank also boasts a comprehensive network of branches and ATMs, providing convenient access to banking services for customers.
Weaknesses
- One weakness of VersaBank is its limited brand awareness compared to larger, more established banks. This can make it challenging for VersaBank to attract new customers and compete for market share. Additionally, the bank may face difficulties in expanding its operations globally due to unfamiliarity with international markets and competition from established foreign banks.
Opportunities
- VersaBank has an opportunity to leverage advancements in technology to enhance its digital banking capabilities. By investing in innovative digital solutions, the bank can attract tech-savvy customers and gain a competitive edge in the market. Furthermore, VersaBank can explore strategic partnerships and collaborations with fintech companies to expand its product offerings and tap into new customer segments.
Threats
- One major threat for VersaBank is the increasing regulatory scrutiny and compliance requirements imposed on the banking industry. Non-compliance can lead to substantial fines and reputational damage. Additionally, intense competition from larger banks puts pressure on VersaBank to continually improve its offerings and differentiate itself in the market. Economic instability and fluctuations also pose risks to the bank's profitability and growth.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.