VersaBank Surpasses US RPP Target with New Partnership

An announcement from Versabank ( (TSE:VBNK) ) is now available.

On November 3, 2025, VersaBank announced that its US subsidiary, VersaBank USA, has partnered with its largest US Receivable Purchase Program (RPP) partner to date. This partnership has led to an initial funding of US$61 million, contributing to a total of US$310 million in RPP fundings for fiscal 2025, surpassing its target of US$290 million. The announcement highlights the growing momentum of VersaBank’s RPP offerings in the US market, which are expected to expand significantly in fiscal 2026.

The most recent analyst rating on (TSE:VBNK) stock is a Buy with a C$19.00 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 technical indicators are the primary drivers of its overall score. The stock is fairly valued with a reasonable P/E ratio, though the dividend yield is modest. The absence of earnings call data and corporate events does not impact the score significantly.

To see Spark’s full report on TSE:VBNK stock, click here.

More about Versabank

VersaBank is a North American bank that operates with a unique business-to-business digital banking model. It is federally chartered in both Canada and the US, focusing on underserved segments of the banking industry using proprietary technology. The bank offers solutions in digital banking and cybersecurity through its subsidiaries, including DRT Cyber Inc. and Digital Meteor Inc., and has been successful in the Receivable Purchase Program (RPP) for point-of-sale finance companies.

YTD Price Performance: -14.67%

Average Trading Volume: 27,510

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$538.5M

Learn more about VBNK stock on TipRanks’ Stock Analysis page.