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Versabank ( (TSE:VBNK) ) has shared an announcement.
On September 16, 2025, VersaBank announced the refresh of its Digital Deposit Receipts (DDR) Tokenized Deposit Pilot Program in Canada and its integration with a US pilot program. This initiative aims to confirm the functionality and security of DDRs and demonstrate the bank’s capability to conduct secure cross-border transactions. The integration is expected to showcase VersaBank’s ability to offer high-speed, low-cost foreign exchange transactions, providing a competitive advantage over non-bank issued stablecoins. The pilot programs are anticipated to complete by the end of 2025, with a commercial launch planned soon after, subject to regulatory requirements.
The most recent analyst rating on (TSE:VBNK) stock is a Buy with a C$13.00 price target. To see the full list of analyst forecasts on Versabank stock, see the TSE:VBNK Stock Forecast page.
Spark’s Take on TSE:VBNK Stock
According to Spark, TipRanks’ AI Analyst, TSE:VBNK is a Outperform.
Versabank’s strong financial performance and positive earnings call highlights are tempered by technical indicators suggesting potential bearish sentiment and modest valuation metrics. The company’s ability to manage liabilities and maintain consistent cash flow will be crucial for future performance.
To see Spark’s full report on TSE:VBNK stock, click here.
More about Versabank
VersaBank is a North American bank with a branchless, digital, business-to-business model. It is federally chartered in both Canada and the US, leveraging proprietary technology to serve underserved segments of the banking industry. The bank is known for its Digital Deposit Receipts (DDRs) and cybersecurity solutions through its subsidiary DRT Cyber Inc. VersaBank’s shares are traded on the Toronto Stock Exchange and NASDAQ under the symbol VBNK.
Average Trading Volume: 22,445
Technical Sentiment Signal: Buy
Current Market Cap: C$545M
For detailed information about VBNK stock, go to TipRanks’ Stock Analysis page.