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VBNK

VersaBank TSX:VBNK Stock Report

Last Price

CA$9.01

Market Cap

CA$247.1m

7D

-0.5%

1Y

-43.2%

Updated

01 Dec, 2022

Data

Company Financials +
VBNK fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance2/6
Financial Health6/6
Dividends0/6

VBNK Stock Overview

VersaBank, a schedule I chartered bank, provides various banking products and services in Canada.

VersaBank Competitors

Price History & Performance

Summary of all time highs, changes and price drops for VersaBank
Historical stock prices
Current Share PriceCA$9.01
52 Week HighCA$16.30
52 Week LowCA$8.75
Beta1.05
1 Month Change-3.28%
3 Month Change-7.64%
1 Year Change-43.19%
3 Year Change21.36%
5 Year Change51.35%
Change since IPO60.52%

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
7D-0.5%-0.8%0.7%
1Y-43.2%-4.3%0.6%

Return vs Industry: VBNK underperformed the Canadian Banks industry which returned -2.5% over the past year.

Return vs Market: VBNK underperformed the Canadian Market which returned 1.8% 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 Movement3.2%
Market Average Movement9.9%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market4.2%

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
1979145David Taylorhttps://www.versabank.com

VersaBank, a schedule I chartered bank, provides various banking products and services in Canada. The company 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. It also provides lending services, including point of sale financing that involves 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$247.11m
Earnings (TTM)CA$21.15m
Revenue (TTM)CA$71.21m

11.7x

P/E Ratio

0.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VBNK income statement (TTM)
RevenueCA$71.21m
Cost of RevenueCA$0
Gross ProfitCA$71.21m
Other ExpensesCA$50.06m
EarningsCA$21.15m

Last Reported Earnings

Jul 31, 2022

Next Earnings Date

Dec 07, 2022

Earnings per share (EPS)0.77
Gross Margin100.00%
Net Profit Margin29.70%
Debt/Equity Ratio28.5%

How did VBNK perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

13%

Payout Ratio