VEW Stock Overview
VersaBank provides various banking products and services in Canada and the United States.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 1/6 |
Rewards
Risk Analysis
No risks detected for VEW from our risk checks.
VersaBank Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$9.05 |
| 52 Week High | CA$10.80 |
| 52 Week Low | CA$5.70 |
| Beta | 1.07 |
| 1 Month Change | -8.12% |
| 3 Month Change | -11.27% |
| 1 Year Change | 38.17% |
| 3 Year Change | -7.18% |
| 5 Year Change | 85.53% |
| Change since IPO | 102.46% |
Recent News & Updates
Recent updates
Shareholder Returns
| VEW | DE Banks | DE Market | |
|---|---|---|---|
| 7D | 1.7% | 3.2% | 1.7% |
| 1Y | 38.2% | 28.5% | 2.3% |
Return vs Industry: VEW exceeded the German Banks industry which returned 29.6% over the past year.
Return vs Market: VEW exceeded the German Market which returned 2.2% over the past year.
Price Volatility
| VEW volatility | |
|---|---|
| VEW Average Weekly Movement | 5.2% |
| Banks Industry Average Movement | 3.4% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in DE Market | 10.1% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: VEW has not had significant price volatility in the past 3 months.
Volatility Over Time: VEW's weekly volatility (5%) 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
| VEW fundamental statistics | |
|---|---|
| Market cap | €234.81m |
| Earnings (TTM) | €30.32m |
| Revenue (TTM) | €76.02m |
8.0x
P/E Ratio0.9x
P/B RatioIs VEW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VEW income statement (TTM) | |
|---|---|
| Revenue | CA$111.47m |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$111.47m |
| Other Expenses | CA$67.02m |
| Earnings | CA$44.46m |
Last Reported Earnings
Jan 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.71 |
| Gross Margin | 100.00% |
| Net Profit Margin | 39.88% |
| Debt/Equity Ratio | 26.6% |
How did VEW perform over the long term?
See historical performance and comparison