VersaBank (VBNK) Form 6-K — Nov 9, 2026
VersaBank (TSX/NASDAQ: VBNK) announced it surpassed its target of US$1 billion in additional U.S. Structured Receivable Program fundings in fiscal 2026 (ended October 31), ahead of its revised year-end timeframe. Approximately 94% of fiscal 2026 SRP fundings came through the Bank's core higher-margin SRP, and the Real-Time SRP launch is credited with faster-than-expected U.S. demand plus accelerated growth in Canada.
Key figures
- Revenue
- 0
- Us target by 2027
- US$3 billion (C$4 billion)
- Combined 2027 target
- C$7 billion
- Canada target by 2027
- C$3 billion
- Q4 total asset growth
- C$969 million
- Prior record q3 growth
- C$435 million
- Q4 asset growth percent
- 14
- Core srp share of fundings
- 94%
- Srp usd fundings fiscal 2026
- US$1 billion
AI analysis
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