VBNK Stock Overview
Provides various banking products and services in Canada and the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
VersaBank Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$13.58 |
| 52 Week High | CA$18.38 |
| 52 Week Low | CA$9.48 |
| Beta | 1.09 |
| 1 Month Change | -20.68% |
| 3 Month Change | 2.49% |
| 1 Year Change | 29.95% |
| 3 Year Change | 14.21% |
| 5 Year Change | 138.40% |
| Change since IPO | 155.74% |
Recent News & Updates
Shareholder Returns
| VBNK | US Banks | US Market | |
|---|---|---|---|
| 7D | -11.8% | -3.4% | -2.4% |
| 1Y | 30.0% | 29.1% | 23.4% |
Return vs Industry: VBNK matched the US Banks industry which returned 29.1% over the past year.
Return vs Market: VBNK exceeded the US Market which returned 23.4% over the past year.
Price Volatility
| VBNK volatility | |
|---|---|
| VBNK Average Weekly Movement | 6.4% |
| Banks Industry Average Movement | 5.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: VBNK has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: VBNK's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1979 | 121 | David Taylor | www.versabank.com |
VersaBank provides various banking products and services in Canada and the United States. The company operates through three segments: Digital Banking Canada, Digital Banking USA, and DRTC (cybersecurity services and banking and financial technology development). It offers deposit products, such as guaranteed investment certificates, registered retirement savings plans, and tax-free savings accounts, as well as deposit insurance products.
VersaBank Fundamentals Summary
| VBNK fundamental statistics | |
|---|---|
| Market cap | US$349.95m |
| Earnings (TTM) | US$26.97m |
| Revenue (TTM) | US$77.87m |
13.0x
P/E Ratio1.3x
P/B RatioIs VBNK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VBNK income statement (TTM) | |
|---|---|
| Revenue | CA$111.90m |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$111.90m |
| Other Expenses | CA$73.14m |
| Earnings | CA$38.76m |
Last Reported Earnings
Oct 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.49 |
| Gross Margin | 100.00% |
| Net Profit Margin | 34.64% |
| Debt/Equity Ratio | 25.7% |
How did VBNK perform over the long term?
See historical performance and comparisonDividends
0.5%
Current Dividend Yield7%
Payout RatioDoes VBNK pay a reliable dividends?
See VBNK dividend history and benchmarks| VersaBank dividend dates | |
|---|---|
| Ex Dividend Date | Jan 10 2025 |
| Dividend Pay Date | Jan 31 2025 |
| Days until Ex dividend | 18 days |
| Days until Dividend pay date | 39 days |
Does VBNK pay a reliable dividends?
See VBNK dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 15:51 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
VersaBank is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Trevor Reynolds | Acumen Capital Finance Partners Limited |
| Dylan Steuart | iA Capital Markets |
| Timothy Switzer | Keefe, Bruyette, & Woods |