DIVIDEND ANNOUNCEMENT: VersaBank (New) (NASDAQ:VBNK) on 06/07/2023 declared a dividend of $0.0250 per share

VersaBank (New) (NASDAQ:VBNK) on 06/07/2023 declared a dividend of $ 0.0250 per share payable on July 31, 2023 to shareholders of record as of July 07, 2023.

VersaBank (New) (NASDAQ:VBNK) has paid dividends since 2018, has a current dividend yield of 0.0000000000% and has increased its dividends for 0 successive years.

VersaBank (New)'s market cap is $ 188,092,800 and has a PE ratio of 11.56. The stock price closed yesterday at $ 7.20 and has a 52 week low/high of $ 6.36 and $ 8.43.

VersaBank is engaged in the business of providing commercial lending services to selected niche markets. Co., along with its parent, receives deposits through a diversified network of deposit brokers and is a member institution of the Canada Deposit Insurance Corporation ("CDIC"). Co. invests these funds in loans, leases, commercial mortgages, residential development mortgages, debt of corporations, and government guaranteed securities. Co. has two primary business activities, deposit services and lending services.

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