• VersaBank posted Q2 2025 net income of CAD 8.53 million, up 5% sequentially but down 28% year over year; EPS fell 7% sequentially to CAD 0.26.
• Revenue rose 8% sequentially to CAD 30.14 million, up 6% year over year; net interest margin widened 21 basis points sequentially to 2.29%.
• Total assets climbed 15% year over year to a record CAD 5.05 billion; Digital Banking credit assets rose 13% to CAD 4.52 billion.
• Cost of funds eased to 3.52% from 3.84% in Q1; provision for credit losses totaled CAD 889,000, up from CAD 16,000 a year earlier.
• U.S. RPP portfolio topped US$70 million in 75 days; fiscal-year-end target set at least US$290 million, with a second U.S. RPP partner signed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VersaBank published the original content used to generate this news brief on June 17, 2026, and is solely responsible for the information contained therein.