VBNK Stock Overview
Provides various banking products and services in Canada and the United States.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for VBNK from our risk checks.
VersaBank Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$17.50 |
| 52 Week High | CA$18.13 |
| 52 Week Low | CA$9.96 |
| Beta | 1.08 |
| 11 Month Change | 7.63% |
| 3 Month Change | 30.21% |
| 1 Year Change | 54.87% |
| 33 Year Change | 31.58% |
| 5 Year Change | 155.47% |
| Change since IPO | 211.94% |
Recent News & Updates
Recent updates
Analyst Estimates: Here's What Brokers Think Of VersaBank (TSE:VBNK) After Its Second-Quarter Report
Jun 08
VersaBank Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Mar 09VersaBank (TSE:VBNK) Has Announced A Dividend Of CA$0.025
Jun 27VersaBank's (TSE:VBNK) Dividend Will Be CA$0.025
Mar 20VersaBank (TSE:VBNK) Will Pay A Dividend Of CA$0.025
Jun 05VersaBank (TSE:VB) Has Announced A Dividend Of CA$0.025
Jun 10Shareholder Returns
| VBNK | CA Banks | CA Market | |
|---|---|---|---|
| 7D | 5.0% | 1.0% | 0.2% |
| 1Y | 54.9% | 12.7% | 12.6% |
Return vs Industry: VBNK exceeded the Canadian Banks industry which returned 12.3% over the past year.
Return vs Market: VBNK exceeded the Canadian Market which returned 13.4% over the past year.
Price Volatility
| VBNK volatility | |
|---|---|
| VBNK Average Weekly Movement | 5.8% |
| Banks Industry Average Movement | 3.4% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CA Market | 17.3% |
| 10% least volatile stocks in CA Market | 3.1% |
Stable Share Price: VBNK's share price has been volatile over the past 3 months.
Volatility Over Time: VBNK's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1979 | 119 | David Taylor | www.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
| VBNK fundamental statistics | |
|---|---|
| Market cap | CA$462.69m |
| Earnings (TTM) | CA$46.02m |
| Revenue (TTM) | CA$113.51m |
9.9x
P/E Ratio1.2x
P/B RatioIs VBNK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VBNK income statement (TTM) | |
|---|---|
| Revenue | CA$113.51m |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$113.51m |
| Other Expenses | CA$67.49m |
| Earnings | CA$46.02m |
Last Reported Earnings
Apr 30, 2024
Next Earnings Date
Sep 05, 2024
| Earnings per share (EPS) | 1.77 |
| Gross Margin | 100.00% |
| Net Profit Margin | 40.54% |
| Debt/Equity Ratio | 25.3% |
How did VBNK perform over the long term?
See historical performance and comparison