Dividend Information About VersaBank: Everything You Need to Know Before the Oct 10, 2025 Ex-Dividend Date

VersaBank recently announced its upcoming cash dividend of $0.01809500 per share, with an ex-dividend date of Oct 10, 2025. The dividend was declared on Sep 4, 2025, and is scheduled to be paid on Oct 31, 2025. This payout is slightly lower than the average of the last 10 dividends, which stood at $0.0183****4375. The most recent dividend occurred on Jul 31, 2025, at $0.01827250 per share, also a cash dividend. Investors should note that Oct 10, 2025, is the last day to purchase shares and still qualify for the dividend. Any shares bought after this date will not be eligible for the distribution.

Over the past week, VersaBank has announced a strategic partnership with Thrive Financial, a Virginia-based platform for point-of-sale financing in home improvement projects. The deal allows Thrive to utilize VersaBank’s Receivable Purchase Program (RPP) in the U.S., marking a key expansion of the bank’s financing solutions. This partnership is expected to accelerate the growth of the RPP portfolio, with the bank targeting a total of $290 million in U.S. receivables. The agreement underscores VersaBank’s ongoing efforts to scale its RPP offering in the U.S. market, building on its successful Canadian model.

Recent industry reports highlight the growing demand for home improvement financing, a sector that remains economically resilient despite broader market fluctuations. VersaBank’s leadership has emphasized that this segment is a major growth driver for the RPP, which has already seen strong adoption across North America. In addition to Thrive Financial, the bank has attracted interest in its newly launched securitized financing option, with several new partners already committing to the program. These developments reinforce the bank’s position as a key player in the digital B2B banking space and its ability to offer innovative, one-stop financing solutions.

Analysts have noted that VersaBank’s recent business developments, including the expansion of its RPP and its cybersecurity and digital asset initiatives, are bolstering its long-term fundamentals. The bank’s balance sheet remains strong, supported by its efficient digital infrastructure and strategic partnerships. As of late, the bank has demonstrated consistent progress in its U.S. market entry, with the RPP already contributing to its portfolio growth. This, combined with the recent dividend announcement, suggests that the company is maintaining a balanced approach to growth and shareholder returns.

In summary, VersaBank is making strategic moves to strengthen its market presence, with the latest Thrive Financial partnership serving as a pivotal step in expanding its U.S. operations. Investors should be aware that the ex-dividend date for the upcoming dividend is Oct 10, 2025. To be eligible for the $0.01809500 per share payout, investors must purchase shares before this date.