VersaBank (VBNK)

AI-powered earnings prediction for VersaBank (VBNK).

16.74
+0.30%
USD, 2 days ago
Market Cap
535.73M
Google

Company Overview

VersaBank provides various banking products and services in Canada and the United States. The company operates through Digital Banking Canada; Digital Banking USA; and DRTC (cybersecurity services and banking and financial technology development) segments. It offers deposit products, such as 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 real estate mortgages and loans, public sector, leases, and other financing. In addition, it provides cybersecurity services. The company was formerly known as Pacific & Western Bank of Canada and changed its name to VersaBank in May 2016. VersaBank was incorporated in 1979 and is headquartered in London, Canada.

Sector
Financial Services
Industry
Banks - Regional
Phone
519 645 1919
Headquarters
140 Fullarton Street
London, ON, N6A 5P2
Canada
Full-Time Employees
131

Key Metrics

P/E Ratio (TTM)
25.41
Forward P/E
9.27
Price to Book
1.38
Beta
0.95
Profit Margin
23.67%
Gross Margin
0.00%
Return on Equity
6.11%
Return on Assets
0.53%
Earnings Growth
-20.50%
Revenue Growth
23.10%
Dividend Yield
44.00%
Dividend Rate
$0.07

Financial Health

Total Cash
$581.71M
Total Debt
$106.60M
Debt to Equity
N/A
Current Ratio
N/A
Operating Cash Flow
$-679392000.00

Analyst Recommendations

Target Price (Mean)
$14.00
Target High
$15.00
Target Low
$13.00
Recommendation
none
Analyst Coverage
2 Analysts

Trading Ideas

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VersaBank (VBNK) Earnings Prediction - AI Forecast | TradAdvisor