VersaBank Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for VersaBank stock have an average target of 19, with a low estimate of 17 and a high estimate of 22. The average target predicts an increase of 39.91% from the current stock price of 13.58.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$17	$19	$18	$22
Change	+25.18%	+39.91%	+32.55%	+62.00%

* Price targets were last updated on Nov 8, 2024.

Analyst Ratings

The average analyst rating for VersaBank stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	1	1	1	1
Buy	2	2	2	2	2	2
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Feaster Raymond James	Raymond James	Buy Reiterates $15 → $17	Buy	Reiterates	$15 → $17	+25.18%	Nov 8, 2024
Craig Irwin Roth MKM	Roth MKM	Strong Buy Initiates $18	Strong Buy	Initiates	$18	+32.55%	Sep 27, 2024
Timothy Switzer Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Initiates $22	Buy	Initiates	$22	+62.00%	Aug 28, 2024
Timothy Switzer Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy Initiates n/a	Buy	Initiates	n/a	n/a	Aug 27, 2024
David Feaster Raymond James	Raymond James	Buy Maintains $9 → $10	Buy	Maintains	$9 → $10	-26.36%	Dec 14, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

130.22M

Revenue Next Year

174.52M

from 130.22M

34.02%

from 130.22M

EPS This Year

2.44

from 1.49

63.61%

from 1.49

EPS Next Year

3.64

from 2.44

49.37%

from 2.44

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Oct 31, 2020	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023	Oct 31, 2024	Oct 31, 2025	Oct 31, 2026
Revenue	-	-	-	-	-	130.22M	174.52M
Revenue Growth	0.58%	20.66%	24.54%	31.83%	3.59%	-	34.02%
EPS	0.82	0.96	0.79	1.57	1.49	2.44	3.64
EPS Growth	-4.21%	17.19%	-17.39%	98.37%	-4.92%	63.61%	49.37%
Forward PE	-	-	-	-	-	8.01	5.36
No. Analysts	-	-	-	-	-	5	4

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	143.9M	179.7M
Avg	130.2M	174.5M
Low	115.0M	167.7M

Revenue Growth

Revenue Growth	2025	2026
High	-	38.0%
Avg	-	34.0%
Low	-	28.8%

EPS Forecast

EPS	2025	2026
High	2.65	3.86
Avg	2.44	3.64
Low	2.25	3.39

EPS Growth

EPS Growth	2025	2026
High	77.6%	58.5%
Avg	63.6%	49.4%
Low	51.3%	39.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.