VBNK 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 | 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$9.76 |
| 52 Week High | CA$12.19 |
| 52 Week Low | CA$6.37 |
| Beta | 1.07 |
| 1 Month Change | -9.50% |
| 3 Month Change | -13.59% |
| 1 Year Change | 33.39% |
| 3 Year Change | -18.95% |
| 5 Year Change | 74.36% |
| Change since IPO | 83.89% |
Recent News & Updates
Shareholder Returns
| VBNK | US Banks | US Market | |
|---|---|---|---|
| 7D | 1.6% | 1.9% | -3.2% |
| 1Y | 33.4% | 25.1% | 19.3% |
Return vs Industry: VBNK exceeded the US Banks industry which returned 25.1% over the past year.
Return vs Market: VBNK exceeded the US Market which returned 19.3% over the past year.
Price Volatility
| VBNK volatility | |
|---|---|
| VBNK Average Weekly Movement | 4.5% |
| Banks Industry Average Movement | 4.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: VBNK has not had significant price volatility in the past 3 months.
Volatility Over Time: VBNK'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
| VBNK fundamental statistics | |
|---|---|
| Market cap | US$252.30m |
| Earnings (TTM) | US$32.51m |
| Revenue (TTM) | US$81.50m |
7.7x
P/E Ratio0.9x
P/B RatioIs VBNK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VBNK 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 VBNK perform over the long term?
See historical performance and comparison