VersaBank (VBNK)
| Market Cap | 462.02M |
| Revenue (ttm) | 82.40M |
| Net Income (ttm) | 33.10M |
| Shares Out | 26.00M |
| EPS (ttm) | 1.28 |
| PE Ratio | 13.95 |
| Forward PE | 12.31 |
| Dividend | $0.07 (0.42%) |
| Ex-Dividend Date | Oct 4, 2024 |
| Volume | 2,275 |
| Open | 17.83 |
| Previous Close | 17.79 |
| Day's Range | 17.36 - 17.88 |
| 52-Week Range | 7.86 - 18.38 |
| Beta | 1.06 |
| Analysts | Strong Buy |
| Price Target | 19.00 (+8.63%) |
| Earnings Date | Dec 9, 2024 |
About VBNK
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, publi... [Read more]
Financial Performance
In 2023, VersaBank's revenue was 108.03 million, an increase of 31.83% compared to the previous year's 81.94 million. Earnings were 41.17 million, an increase of 90.00%.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for VBNK stock is "Strong Buy." The 12-month stock price forecast is $19.0, which is an increase of 8.63% from the latest price.
News
VersaBank to Report Fourth Quarter and Fiscal 2024 Year End Results Monday, December 9, 2024 at 7:00 a.m. ET
LONDON, ON , Dec. 2, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) will report its fourth quarter and fiscal 2024 year-end financial results and host a conferenc...
VERSABANK SUBSIDIARY DRT CYBER STRENGTHENS CUSTOMER VALUE PROPOSITION WITH ROBUST SOC2 TYPE 1 CERTIFICATION
LONDON, ON, Nov. 25, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a leader in digital banking and cyber security solutions, today announced its wholly owned su...
VERSABANK TO PARTICIPATE IN 13TH ANNUAL ROTH TECHNOLOGY CONFERENCE IN NEW YORK CITY NOVEMBER 19-20, 2024
LONDON, ON , Nov. 14, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK; NASDAQ: VBNK) today announced management will participate in the 13th Annual ROTH Technology Conference to b...
VERSABANK TO PARTICIPATE IN 2024 KBW FINTECH CONFERENCE IN NEW YORK CITY NOVEMBER 13-14, 2024
LONDON, ON , Nov. 7, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced management will participate in the KBW Fintech Conference to be held November ...
VERSABANK TO PRESENT AT 2024 THINKEQUITY CONFERENCE ON OCTOBER 30, 2024, IN NEW YORK CITY
LONDON, ON , Oct. 24, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced management will participate in the ThinkEquity Conference to be held October ...
VersaBank To See Modest Expansion In Net Interest Margins: Analyst
Roth MKM analyst Craig Irwin initiated coverage on VersaBank VBNK with a price target of $18.
VERSABANK RECOGNIZED FOR CONTINUING LEADERSHIP IN BANKING TECHNOLOGY
– Bank Named CIO Awards Canada Winner by IDC and CIO – LONDON, ON , Sept. 26, 2024 /PRNewswire/ - VersaBank has been named a CIO Awards Canada winner by IDC Canada and CIO.
VERSABANK ANNOUNCES REDEMPTION OF NON-CUMULATIVE SERIES 1 PREFERRED SHARES (NVCC)
LONDON, ON , Sept. 25, 2024 /PRNewswire/ - VersaBank (TSX: VBNK) ("VersaBank" or the "Bank") today announced its intention to redeem all outstanding Non-cumulative 5-Year Rate Reset Preferred Shares, ...
VersaBank (VBNK) Q3 2024 Earnings Call Transcript
VersaBank (NASDAQ:VBNK) Q3 2024 Earnings Conference Call September 5, 2024 9:00 AM ET Company Participants David Taylor – President and Chief Executive Officer John Asma – Chief Financial Officer Con...
VERSABANK REPORTS THIRD QUARTER FISCAL 2024 RESULTS: RESULTS CONTINUE TO DEMONSTRATE STRENGTH OF BUSINESS MODEL AS BANK ENTERS US MARKET
All amounts are unaudited and in Canadian dollars and are based on financial statements prepared in compliance with International Accounting Standard 34 Interim Financial Reporting, unless otherwise n...
VERSABANK DECLARES DIVIDENDS
LONDON, ON , Sept. 5, 2024 /PRNewswire/ - VersaBank (the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced that cash dividends in the amount of CAD $0.025 per Common Share of the Bank and CAD $0.1693...
VERSABANK CLOSES U.S. BANK ACQUISITION: FORMALLY LAUNCHES INNOVATIVE DIGITAL FUNDING SOLUTION TO UNDERSERVED, MULTI-TRILLION-DOLLAR U.S. MARKET
LONDON, ON , Sept. 3, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solut...
VERSABANK TO HOST THIRD QUARTER FISCAL 2024 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST THURSDAY, SEPTEMBER 5, 2024 at 9:00 A.M. ET
Bank to Report Third Quarter Fiscal 2024 Results Thursday, September 5, 2024 at 7:00 a.m. ET LONDON, ON , Aug. 21, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) ...
VERSABANK TO PRESENT AT TWO VIRTUAL INVESTOR CONFERENCES ON AUGUST 20, 2024
LONDON, ON , Aug. 16, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced David Taylor, President and Chief Executive Officer, will present at the foll...
VERSABANK TO PARTICIPATE IN 25th ANNUAL KBW COMMUNITY BANK INVESTOR CONFERENCE JULY 30-31, 2024 IN NEW YORK CITY
LONDON, ON , July 25, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced management will participate in the 25th Annual KBW Community Bank Investor Co...
VERSABANK APPOINTS SENIOR EXECUTIVES TO U.S. SUBSIDIARY AHEAD OF U.S. BANK ACQUISITION
LONDON, ON , July 15, 2024 /PRNewswire/ - VersaBank (TSX: VBNK) ( NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, tod...
VERSABANK RECEIVES CANADIAN REGULATORY APPROVAL FOR U.S. BANK ACQUISITON: TRANSACTION TARGETED TO CLOSE AUGUST 30, 2024
– Acquisition Will Enable VersaBank to Broadly Launch its Unique and Highly Successful Receivable Purchase Program (RPP) Financing Solution in the United States – LONDON, ON , June 25, 2024 /PRNewswi...
VERSABANK ANNOUNCES APPOINTMENT OF LONG STANDING CANADIAN FEDERAL OFFICIAL GLENN CAMPBELL AS ADVISOR TO BOARD
LONDON, ON , June 17, 2024 /PRNewswire/ - VersaBank (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, toda...
VERSABANK RECEIVES FINAL U.S. APPROVAL FOR U.S. BANK ACQUISITON
– Acquisition Will Enable VersaBank to Broadly Launch its Unique and Highly Successful Receivable Purchase Program Financing Solution in the United States – LONDON, ON , June 14, 2024 /PRNewswire/ - V...
VERSABANK RECEIVES FIRST OF TWO U.S. APPROVALS FOR U.S. BANK ACQUISITION
– Acquisition Would Enable VersaBank to Broadly Launch its Unique and Highly Successful Receivable Purchase Program Financing Solution in the United States – LONDON, ON , June 7, 2024 /PRNewswire/ - V...
VersaBank (VBNK) Q2 2024 Earnings Call Transcript
Start Time: 09:00 January 1, 0000 9:35 AM ET VersaBank (NASDAQ:VBNK) Q2 2024 Earnings Conference Call June 05, 2024, 09:00 AM ET Company Participants David Taylor - President and CEO John Asma - CFO ...
VERSABANK REPORTS SECOND QUARTER FISCAL 2024 RESULTS: 18% YEAR-OVER-YEAR GROWTH IN THE BANK'S LOAN PORTFOLIO AND EPS
All amounts are unaudited and in Canadian dollars and are based on financial statements prepared in compliance with International Accounting Standard 34 Interim Financial Reporting, unless otherwise n...
VERSABANK TO PARTICIPATE IN MICROCAP RODEO CONFERENCE JUNE 6, 2024 IN NEW YORK CITY
LONDON, ON , June 3, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced management will participate in the MicroCap Rodeo Conference to be held Thursd...
VERSABANK TO HOST SECOND QUARTER FISCAL 2024 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST WEDNESDAY, JUNE 5, 2024 at 9:00 A.M. ET
Bank to Report Second Quarter Fiscal 2024 Results Wednesday, June 5, 2024 at 7:00 a.m. ET LONDON, ON , May 22, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK) will...
VERSABANK ANNOUNCES THE RESULTS OF ITS 2024 MEETING OF SHAREHOLDERS
LONDON, ON, April 18, 2024 /PRNewswire/ - VersaBank (TSX: VBNK) (NASDAQ: VBNK) ("VersaBank" or the "Bank") reports the results of its 2024 Annual and Special Meeting of Shareholders (the "Meeting") he...