About VersaBank
VersaBank is a publicly listed company based in London (Canada) founded in 1980. Digital banking services for businesses are offered by VersaBank. The company has 121 employees. VersaBank has completed 1 acquisition, including Stearns Bank. Its website versabank.com draws about 13 thousand monthly visits. VersaBank offers products and services including Digital Banking Platform and Lending Solutions. Its focus areas include FinTech, Banking Tech, Internet First Banks and Digital Native Banks. Its competitors include Jewel Bank and Southernend Bank.
Company details
VersaBank was founded in 1980 in London, Canada, and operates in the financial services sector as a digital bank focused on businesses. A range of products is provided, including investment certificates, savings accounts, retirement savings plans, lease and loan portfolio financing, corporate loans, and project financing. Agency-based services are delivered to end customers through a network of financial advisors and deposit brokers.
- Headquarters London, Canada
- Employees 121
- Stage Public
- SectorsFinancial Services
- Phone•••• ••••
- Website versabank.com
- Social LinkedIn X Facebook Instagram
- Legal Name Versabank
- Annual Revenue$216.83 M (USD)as on Oct 31, 2025
- Net Profit$20.29 M (USD)-28.4as on Oct 31, 2025
- Employee Count121
- Investments & Acquisitions
Products & Services of VersaBank
VersaBank offers a comprehensive portfolio of products and services, including Digital Banking Platform and Lending Solutions.
Provides deposit and lending solutions via technology
Offers loans to financial intermediaries in North America
People of VersaBank
32 people are tracked at VersaBank (17 in leadership, 10 in board & advisors, 5 in team); the tracked headcount is 121.
| Name | Role | Group |
|---|---|---|
David Thoms | VP, Structured Finance | Leadership |
David R. Taylor | Director, President & CEO | Leadership |
Barbara Todres | VP, Deposit Services | Leadership |
Jonathan F.P. Taylor | Chief Human Resources Officer | Leadership |
Nancy Mccutcheon | VP, TIB Business Development | Leadership |
Tammie Ashton | Executive Vice President | Leadership |
Brent Hodge | SVP, General Counsel, Corporate Secretary & Chief Compliance Officer | Leadership |
Garry Clement | Chief Anti-Money Laundering Officer | Leadership |
Nick Kristo | Chief Credit Officer | Leadership |
Shawn Clarke | CFO | Leadership |
Andy Min | Vice President - Finance & Corporate Accounting | Leadership |
Conrad Nicholas | VP & Controller | Leadership |
Deborah Savage | VP, Investment Risk Control | Leadership |
Tim Bloom | Chief Risk Officer - US | Leadership |
Chris Pellarin | VP, Real Estate Lending | Leadership |
Hugh Kimbrough | Director, Credit Risk Management | Leadership |
Saad Inam | VP, Credit | Leadership |
Art Linton | Board Member | Board & advisors |
Chintan Shah | Vp, Finance & Treasurer | Board & advisors |
Peter M. Irwin | Director | Board & advisors |
12 more people are available in the full profile.
Complete people profiles for VersaBank
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IPO & Listings of VersaBank
VersaBank is a publicly listed company on the TSX with ticker symbol VBNK in Canada, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date22 Sep 2021
- Listed onNASDAQ: VBNK
- Listed entityVersaBank
- Exchange sectorFinance
- ISINCA92512J1066
- Share price32.14 CAD (+2.42% on the day) · 2026-10-13
- Market capitalisation1,041,949,174.00 CAD
- Price to earnings30.5
- EPS (diluted, trailing year)1.06 CAD
- Dividend yield0.32%
- Volume (last session)38,694
Financials of VersaBank
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 304.1M CAD | 28.5M CAD | |
| 2024 | 294.4M CAD | 39.8M CAD | |
| 2023 | 237.9M CAD | 42.2M CAD | |
| 2022 | 133.0M CAD | 22.7M CAD | |
| 2021 | 95.0M CAD | 22.4M CAD |
Detailed financial statements for VersaBank
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Investments & Acquisitions by VersaBank
VersaBank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Stearns Bank.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Commercial banking services are provided in the United States. | stearnsbank.com | Saint Cloud, United States | 1912 | Jun 2022 | •••• |
Complete acquisition details for VersaBank
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Timeline of VersaBank
3 dated milestones of VersaBank across 42 years, from founding to its latest funding, stage changes and deals.
- Founded VersaBank is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Stearns Bank.
Competitors of VersaBank
VersaBank has 2 listed competitors in our database. They include Jewel Bank and Southernend Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jewelbank.com | 2019 | Hamilton, Canada | Digitally native bank for digital asset investors and market makers | |||
| southernendbank.com | 2021 | Toronto, Canada | Offers digital banking solutions tailored for enterprise clients. |
Detailed competitors of VersaBank
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Web traffic of VersaBank
The website of VersaBank (versabank.com) receives about 13.2K visits a month.
- Monthly visits13.2K
▲ 43.1% vs previous month
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Related news about Versabank
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Frequently Asked Questions about VersaBank
VersaBank was founded in 1980.
VersaBank is headquartered in London, Canada. It is registered at London, Ontario, Canada.
VersaBank has 121 employees.
Annual revenue of VersaBank is $216.83M as on Oct 31, 2025.
VersaBank was founded in 1980 in London, Canada, and operates in the financial services sector as a digital bank focused on businesses. A range of products is provided, including investment certificates, savings accounts, retirement savings plans, lease and loan portfolio financing, corporate loans, and project financing. Agency-based services are delivered to end customers through a network of financial advisors and deposit brokers.
VersaBank's top competitors include Jewel Bank and Southernend Bank.
VersaBank offers Digital Banking Platform and Lending Solutions.
Yes, VersaBank is publicly traded on TSX under the ticker symbol VBNK.
VersaBank has made 1 acquisition, including Stearns Bank.