340268 Ontario Limited, a 10% Holder, acquired 95,000 Common Shares US Common Shares on an indirect ownership basis for registered holder Raymond James at a price of $7.450USD on March 27th, 2023. This represents a $968,344 investment into the company's shares and an account share holdings change of 11.2%.
VersaBank is in the Banks Sub Industry Group under the Financials Sector.
VersaBank is a Canada-based chartered bank. The Bank provides commercial lending and banking services to markets in Canada and the United States, as well as cybersecurity services through the operations of its wholly owned subsidiary DRT Cyber Inc. It operates through two segments: Digital Banking and DRTC (cybersecurity services). Digital Banking segment obtains its deposits and provides its loans and leases electronically via deposit and lending solutions for financial intermediaries. DRTC (cybersecurity services and banking and financial technology development) segment offers develops solutions to address the volume of cyber threats challenging financial institutions, multi-national corporations and government entities. Its loan portfolio includes point-of-sale loans and leases, commercial real estate mortgages, commercial real estate loans and public sector and other financing. It also offers tax-free savings accounts, guaranteed investment certificates, and mortgage tax accounts.
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