VersaBank (VBNK)

NASDAQ: VBNK · IEX Real-Time Price · USD
10.89
+0.73 (7.19%)
At close: Mar 18, 2024, 3:59 PM
11.09
+0.20 (1.84%)
After-hours: Mar 18, 2024, 4:05 PM EDT

Total Valuation

VersaBank has a market cap or net worth of $264.64 million. The enterprise value is $246.80 million.

Market Cap 264.64M
Enterprise Value 246.80M

Important Dates

The last earnings date was Wednesday, March 6, 2024, before market open.

Earnings Date Mar 6, 2024
Ex-Dividend Date Apr 4, 2024

Share Statistics

VersaBank has 25.96 million shares outstanding. The number of shares has decreased by -3.93% in one year.

Shares Outstanding 25.96M
Shares Change (YoY) -3.93%
Shares Change (QoQ) +0.15%
Owned by Insiders (%) 45.20%
Owned by Institutions (%) 26.50%
Float 14.05M

Valuation Ratios

The trailing PE ratio is 8.50 and the forward PE ratio is 5.38.

PE Ratio 8.50
Forward PE 5.38
PS Ratio 3.18
Forward PS 2.11
PB Ratio 0.92
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 7.28
EV / Sales 2.96
EV / EBITDA 5.28
EV / EBIT 5.44
EV / FCF n/a

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.27
Debt / EBITDA 1.63
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 12.20% and return on invested capital (ROIC) is 9.32%.

Return on Equity (ROE) 12.20%
Return on Assets (ROA) 1.10%
Return on Capital (ROIC) 9.32%
Revenue Per Employee $699,661
Profits Per Employee $284,987
Employee Count 119
Asset Turnover 0.03
Inventory Turnover n/a

Taxes

In the past 12 months, VersaBank has paid $11.79 million in taxes.

Income Tax 11.79M
Effective Tax Rate 25.79%

Stock Price Statistics

The stock price has increased by +45.99% in the last 52 weeks. The beta is 1.11, so VersaBank's price volatility has been higher than the market average.

Beta (1Y) 1.11
52-Week Price Change +45.99%
50-Day Moving Average 11.13
200-Day Moving Average 8.87
Relative Strength Index (RSI) 49.44
Average Volume (30 Days) 25,156

Short Selling Information

The latest short interest is 23,078, so 0.09% of the outstanding shares have been sold short.

Short Interest 23,078
Short Previous Month 10,455
Short % of Shares Out 0.09%
Short % of Float 0.16%
Short Ratio (days to cover) 1.02

Income Statement

In the last 12 months, VersaBank had revenue of $83.26 million and earned $33.91 million in profits. Earnings per share was $1.26.

Revenue 83.26M
Gross Profit 82.40M
Operating Income 45.80M
Pretax Income 45.35M
Net Income 33.91M
EBITDA 46.74M
EBIT 45.35M
Earnings Per Share (EPS) $1.26
Full Income Statement

Balance Sheet

The company has $94.17 million in cash and $76.33 million in debt, giving a net cash position of $17.84 million or $0.69 per share.

Cash & Cash Equivalents 94.17M
Total Debt 76.33M
Net Cash 17.84M
Net Cash Per Share $0.69
Equity / Book Value 287.33M
Book Value Per Share 11.07
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$36.63 million and capital expenditures -$12.07 million, giving a free cash flow of -$48.70 million.

Operating Cash Flow -36.63M
Capital Expenditures -12.07M
Free Cash Flow -48.70M
FCF Per Share -$1.88
Full Cash Flow Statement

Margins

Gross margin is 98.97%, with operating and profit margins of 55.01% and 40.73%.

Gross Margin 98.97%
Operating Margin 55.01%
Pretax Margin 54.47%
Profit Margin 40.73%
EBITDA Margin 56.14%
EBIT Margin 54.47%
FCF Margin -58.49%

Dividends & Yields

This stock pays an annual dividend of $0.07, which amounts to a dividend yield of 0.68%.

Dividend Per Share $0.07
Dividend Yield 0.68%
Dividend Growth (YoY) -0.40%
Years of Dividend Growth n/a
Payout Ratio 5.86%
Buyback Yield 3.93%
Shareholder Yield 4.62%
Earnings Yield 12.81%
FCF Yield -18.40%
Dividend Details

Analyst Forecast

The average price target for VersaBank is $10.00, which is -8.17% lower than the current price. The consensus rating is "Buy".

Price Target $10.00
Price Target Difference -8.17%
Analyst Consensus Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 4