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VersaBank TSX:VBNK Stock Report

Last Price

CA$23.90

Market Cap

CA$624.3m

7D

3.2%

1Y

125.0%

Updated

20 Nov, 2024

Data

Company Financials +

VBNK Stock Overview

Provides various banking products and services in Canada and the United States. More details

VBNK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance5/6
Financial Health6/6
Dividends0/6

VersaBank Competitors

Price History & Performance

Summary of all time highs, changes and price drops for VersaBank
Historical stock prices
Current Share PriceCA$23.90
52 Week HighCA$24.32
52 Week LowCA$10.23
Beta1.06
11 Month Change14.63%
3 Month Change41.59%
1 Year Change125.05%
33 Year Change46.18%
5 Year Change232.41%
Change since IPO326.03%

Recent News & Updates

Recent updates

Analyst Estimates: Here's What Brokers Think Of VersaBank (TSE:VBNK) After Its Second-Quarter Report

Jun 08
Analyst Estimates: Here's What Brokers Think Of VersaBank (TSE:VBNK) After Its Second-Quarter Report

VersaBank Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Mar 09
VersaBank Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

VersaBank (TSE:VBNK) Has Announced A Dividend Of CA$0.025

Jun 27
VersaBank (TSE:VBNK) Has Announced A Dividend Of CA$0.025

VersaBank's (TSE:VBNK) Dividend Will Be CA$0.025

Mar 20
VersaBank's (TSE:VBNK) Dividend Will Be CA$0.025

VersaBank (TSE:VBNK) Will Pay A Dividend Of CA$0.025

Jun 05
VersaBank (TSE:VBNK) Will Pay A Dividend Of CA$0.025

Shareholder Returns

VBNKCA BanksCA Market
7D3.2%0.6%0.7%
1Y125.0%28.3%21.7%

Return vs Industry: VBNK exceeded the Canadian Banks industry which returned 27.5% over the past year.

Return vs Market: VBNK exceeded the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is VBNK's price volatile compared to industry and market?
VBNK volatility
VBNK Average Weekly Movement4.8%
Banks Industry Average Movement2.4%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

Stable Share Price: VBNK has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: VBNK's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1979119David Taylorwww.versabank.com

VersaBank provides various banking products and services in Canada and the United States. It offers deposit products, such as web-based chequing accounts, guaranteed investment certificates, registered retirement savings plans, and tax-free savings accounts, as well as deposit insurance products. The company also provides lending services, including point of sale financing that covers purchasing loan and lease receivables from finance companies operating in various industries; commercial banking services comprising commercial real estate, public sector/infrastructure financing, and condominium financing; and residential mortgages.

VersaBank Fundamentals Summary

How do VersaBank's earnings and revenue compare to its market cap?
VBNK fundamental statistics
Market capCA$624.32m
Earnings (TTM)CA$45.72m
Revenue (TTM)CA$113.82m

13.6x

P/E Ratio

1.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VBNK income statement (TTM)
RevenueCA$113.82m
Cost of RevenueCA$0
Gross ProfitCA$113.82m
Other ExpensesCA$68.09m
EarningsCA$45.72m

Last Reported Earnings

Jul 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.76
Gross Margin100.00%
Net Profit Margin40.17%
Debt/Equity Ratio24.9%

How did VBNK perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

6%

Payout Ratio