VersaBank expects momentum to continue throughout FY26

David Taylor, Founder and President, VersaBank (VBNK), commented, “We expect this momentum to continue throughout FY26 driven by anticipated continued growth in our RPP portfolio both north and south of the border. Notably, in the US, our most significant growth opportunity, we will see the benefit of the higher operating leverage there as growth in the RPP continues to quickly ramp up, with the majority of our cost structure already in place. We expect strong growth in the US to be complemented by continued solid growth in Canada, where spending in the verticals on which we focus remains resilient. We also expect to incrementally benefit from our new Enhanced CHMC Lending Program in Canada, which we launched recently, and which has de minimis operating costs. We expect to capitalize on these growth opportunities with minimal expansion of our non-interest expenses.”