VersaBank Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for VersaBank stock has a target of 10, which predicts a decrease of -6.37% from the current stock price of 10.68.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$10	$10	$10	$10
Change	-6.37%	-6.37%	-6.37%	-6.37%

* Price targets were last updated on Dec 14, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for VersaBank is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	0	0	0	0	0
Buy	2	2	2	2	1
Hold	0	0	0	0	0
Sell	0	0	0	0	0
Strong Sell	0	0	0	0	0
Total	2	2	2	2	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Feaster Raymond James	Raymond James	Buy Maintains $9 → $10	Buy	Maintains	$9 → $10	-6.37%	Dec 14, 2023
William Wallace Raymond James	Raymond James	Buy Initiates $9	Buy	Initiates	$9	-15.73%	Dec 19, 2022
William Wallace Raymond James	Raymond James	Strong Buy Maintains $15 → $13	Strong Buy	Maintains	$15 → $13	+21.72%	May 13, 2022
William Wallace Raymond James	Raymond James	Strong Buy Initiates n/a	Strong Buy	Initiates	n/a	n/a	Oct 26, 2021

More Analyst Ratings

Financial Forecast

Revenue This Year

116.69M

from 108.64M

7.41%

from 108.64M

Revenue Next Year

139.54M

from 116.69M

19.58%

from 116.69M

EPS This Year

1.96

from 1.57

24.96%

from 1.57

EPS Next Year

2.49

from 1.96

26.69%

from 1.96

Year	2019	2020	2021	2022	2023	2024	2025
Revenue	53.92M	54.53M	65.80M	82.39M	108.64M	116.69M	139.54M
Revenue Growth	-	1.13%	20.66%	25.23%	31.85%	7.41%	19.58%
EPS	0.85	0.82	0.96	0.79	1.57	1.96	2.49
EPS Growth	-	-3.53%	17.07%	-17.71%	98.73%	24.96%	26.69%
Forward PE	-	-	-	-	-	5.44	4.30
No. Analysts	-	-	-	-	-	5	5

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

Revenue Forecast

Revenue	2024	2025
High	125.7M	151.0M
Avg	116.7M	139.5M
Low	106.9M	127.2M

Revenue Growth

Revenue Growth	2024	2025
High	15.7%	29.4%
Avg	7.4%	19.6%
Low	-1.6%	9.0%

EPS Forecast

EPS	2024	2025
High	2.04	2.78
Avg	1.96	2.49
Low	1.87	2.27

EPS Growth

EPS Growth	2024	2025
High	29.7%	41.8%
Avg	25.0%	26.7%
Low	19.2%	15.9%

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.