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VBNK

VersaBank TSX:VBNK Stock Report

Last Price

CA$10.45

Market Cap

CA$284.5m

7D

0%

1Y

-27.5%

Updated

03 Feb, 2023

Data

Company Financials +

VBNK Stock Overview

VersaBank provides various banking products and services in Canada and the United States.

VBNK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance1/6
Financial Health6/6
Dividends0/6

My Notes

New

Notes are coming soon

VersaBank Competitors

Price History & Performance

Summary of all time highs, changes and price drops for VersaBank
Historical stock prices
Current Share PriceCA$10.45
52 Week HighCA$15.22
52 Week LowCA$8.75
Beta0.96
1 Month Change2.45%
3 Month Change13.59%
1 Year Change-27.53%
3 Year Change41.60%
5 Year Change33.97%
Change since IPO86.27%

Recent News & Updates

Recent updates

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

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

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

Jun 10
VersaBank (TSE:VB) Has Announced A Dividend Of CA$0.025

Increases to VersaBank's (TSE:VB) CEO Compensation Might Cool off for now

Apr 16
Increases to VersaBank's (TSE:VB) CEO Compensation Might Cool off for now

What Type Of Shareholders Make Up VersaBank's (TSE:VB) Share Registry?

Mar 19
What Type Of Shareholders Make Up VersaBank's (TSE:VB) Share Registry?

David Taylor Is The President of VersaBank (TSE:VB) And They Just Picked Up 2.7% More Shares

Feb 12
David Taylor Is The President of VersaBank (TSE:VB) And They Just Picked Up 2.7% More Shares

Can You Imagine How VersaBank's (TSE:VB) Shareholders Feel About The 52% Share Price Increase?

Feb 10
Can You Imagine How VersaBank's (TSE:VB) Shareholders Feel About The 52% Share Price Increase?

Are You An Income Investor? Don't Miss Out On VersaBank (TSE:VB)

Jan 15
Are You An Income Investor? Don't Miss Out On VersaBank (TSE:VB)

Read This Before Selling VersaBank (TSE:VB) Shares

Dec 16
Read This Before Selling VersaBank (TSE:VB) Shares

What Kind Of Investors Own Most Of VersaBank (TSE:VB)?

Nov 17
What Kind Of Investors Own Most Of VersaBank (TSE:VB)?

Shareholder Returns

VBNKCA BanksCA Market
7D0%1.4%-0.1%
1Y-27.5%-13.0%-3.4%

Return vs Industry: VBNK underperformed the Canadian Banks industry which returned -12.9% over the past year.

Return vs Market: VBNK underperformed the Canadian Market which returned -2.4% over the past year.

Price Volatility

Is VBNK's price volatile compared to industry and market?
VBNK volatility
VBNK Average Weekly Movement3.3%
Banks Industry Average Movement2.5%
Market Average Movement9.9%
10% most volatile stocks in CA Market19.1%
10% least volatile stocks in CA Market3.9%

Stable Share Price: VBNK is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: VBNK's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1979110David Taylorhttps://www.versabank.com

VersaBank provides various banking products and services in Canada and the United States. It offers deposit products, such as guaranteed investment certificates, registered retirement savings plans, daily interest savings accounts, 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; and commercial banking services comprising commercial real estate, public sector/infrastructure financing, 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$284.53m
Earnings (TTM)CA$21.67m
Revenue (TTM)CA$76.34m

13.1x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VBNK income statement (TTM)
RevenueCA$76.34m
Cost of RevenueCA$0
Gross ProfitCA$76.34m
Other ExpensesCA$54.67m
EarningsCA$21.67m

Last Reported Earnings

Oct 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.80
Gross Margin100.00%
Net Profit Margin28.39%
Debt/Equity Ratio29.9%

How did VBNK perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

13%

Payout Ratio