Company
VersaBank
Headquarters: London, ON, Canada
Founded: 1980
Employees: 145
CEO: Mr. David Roy Taylor B.Sc., BSc (Hons), FICB, M.B.A., MBA, PPL
Market Cap
C$403.3 Million
CAD as of Jan. 1, 2022
US$319.0 Million
Top Competitors by Market Capitalization
Industry: Banks—Regional
| Company | Market Cap (USD) |
|---|---|
| HDFC Bank | $169.00 B |
| China Merchants Bank | $115.76 B |
| ICICI Bank Limited | $101.49 B |
| Al Rajhi Banking and Investment Corp | $84.87 B |
| DBS Group Holdings Ltd | $79.57 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $887.16 B |
| JPMorgan | $599.29 B |
| Visa | $550.38 B |
| Mastercard | $416.63 B |
| Bank of America | $316.02 B |
Detailed Description
VersaBank, a schedule I chartered bank, provides various banking products and services in Canada. The company offers deposit products, such as guaranteed investment certificates, registered retirement savings plans, daily interest savings accounts, and tax-free savings accounts, as well as deposit insurance products. It also provides lending services, including point of sale financing that involves purchasing loan and lease receivables from finance companies operating in various industries; and commercial banking services comprising commercial real estate, public sector/infrastructure financing, condominium financing, and residential mortgages. The company was formerly known as Pacific & Western Bank of Canada and changed its name to VersaBank in May 2016. VersaBank was incorporated in 1979 and is headquartered in London, Canada.
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Stocks & Indices
VersaBank has the following listings and related stock indices.
Stock: TSX: VBNK wb_incandescent
Stock: TSX: VB wb_incandescent
Stock: FSX: VEW wb_incandescent
Stock: NASDAQ: VBNK wb_incandescent
Stock: OTC: VRRKF wb_incandescent
Stock: TSX: VB.PR.A wb_incandescent
Product & Services
Financial services
Key People
David Taylor, President & CEO