VersaBank Company Overview and Stock Information

VersaBank is a unique financial institution that offers a range of services, including banking, lending, and investment products. It's a publicly traded company listed on the Toronto Stock Exchange.

VersaBank has a long history dating back to 1977, when it was founded as a trust company. Today, it's a leading provider of financial services in Canada.

VersaBank's business model is centered around its digital banking platform, which allows customers to manage their finances online or through mobile apps. This platform has been a key factor in the company's success.

One of the unique features of VersaBank is its focus on providing high-yield savings accounts and other savings products that offer competitive interest rates.

VersaBank's share price has been on a rollercoaster ride over the past year, reaching a 52-week high of CA$18.38 and a 52-week low of CA$9.48. The current share price is CA$14.09.

The bank's performance is a mixed bag. In the past 1 year, the share price has increased by 25.24%, while in the past 3 years, it has risen by 21.05%. Over the past 5 years, the share price has skyrocketed by 147.19%, and since the IPO, it has increased by 165.35%.

Here's a quick look at VersaBank's performance over different time periods:

VBNK's price volatility is worth exploring, especially when compared to its industry and the market as a whole. The bank's average weekly movement is 6.2%, which is slightly higher than the market average of 6.4%.

In comparison to its industry, VBNK's price movement is 1.1% higher than the banks industry average of 5.1%. This suggests that VBNK's stock price is relatively stable.

Here's a comparison of VBNK's volatility with its peers:

Over the past year, VBNK's weekly volatility has remained stable at around 6%. This is a positive sign for investors who value stability in their investments.

The stock performance of VersaBank is a fascinating topic. The 52 Week High for VersaBank is CA$18.38.

In just one day, the stock price of VersaBank can fluctuate significantly, with a 1 day change of -2.29%. On a weekly basis, the stock has shown a more positive trend, with a 1 week change of +5.02%.

The 1 month change for VersaBank is +1.36%, showing a steady increase in stock value over this period. However, over the past three months, the stock has experienced a decline of -6.30%.

Here's a summary of VersaBank's performance over the past six months and current year:

The current share price of VersaBank is CA$14.09, which is a decrease of -0.77% from its value one month ago.

VersaBank's revenue saw a 3.59% increase in 2024, reaching 111.90 million.

This growth is a positive sign for the bank's financial health. However, earnings took a hit, decreasing by 5.86% to 38.76 million.

In terms of valuation, VersaBank's market capitalization has fluctuated over the years, ranging from 365 million to 69.53 billion.

Here's a breakdown of the bank's market capitalization and P/E ratios for 2025 and 2026:

The bank's enterprise value also fluctuated, ranging from 365 million to 69.53 billion.

In terms of EV/Sales ratio, VersaBank's 2025 ratio is 4.57x, while the 2026 ratio is 3.21x.

The bank's free float is not explicitly stated, and the yield for 2025 and 2026 is 0.5%.

As an investor, you'll want to know the basics about VersaBank's financials. VersaBank reported a net income of $17.6 million in 2020, a significant increase from $3.6 million in 2019.

The bank's total assets stood at $8.1 billion as of 2020, showing a steady growth over the years. This growth is a testament to the bank's solid financial foundation.

VersaBank has a strong capital position, with a common equity tier 1 (CET1) capital ratio of 12.5% as of 2020. This indicates the bank's ability to absorb potential losses and maintain its financial stability.

As an investor, it's essential to stay informed about the analysts' recommendations for your potential investments.

Roth MKM initiated coverage of VersaBank with a Buy rating and a price target of $18.

The analysts at Raymond James have been closely following VersaBank, initially starting the stock at Strong Buy with a price target of $15.

Raymond James later adjusted their price target to $13 from $15, while maintaining their Strong Buy rating.

In another update, Raymond James assumed a coverage of VersaBank with an Outperform rating and a price target of $9.

VersaBank completed a successful offering of common shares, with the Base Shelf Prospectus and Prospectus Supplement available on SEDAR+ and EDGAR.

The offering was priced on December 16, 2024, with the Final Prospectus Supplement becoming accessible within two business days on SEDAR+ and EDGAR.

VersaBank also launched an offering of common shares on December 16, 2024, with the Base Shelf Prospectus and Preliminary Supplement available on SEDAR+ and EDGAR.

VersaBank, a North American leader in business-to-business digital banking, announced its intention to complete the offering on December 9, 2024.

The offering was completed on December 18, 2024, marking the successful completion of the process.

If you're an investor looking for information on dividend payments, it's worth noting that VersaBank has declared dividends.

The bank announced that cash dividends in the amount of CAD $0.025 per Common Share of the Bank have been declared.

This dividend payment is a significant aspect of the bank's investor information.

VersaBank is listed on the TSX under the ticker symbol VBNK and on the NASDAQ under the same ticker symbol.

VersaBank Shares Up in U.S. Pre-Market as US Subsidiary Partners With Watercress Financial. This is a significant development for the bank, as it will likely lead to increased activity and interest in their shares.

VersaBank has been making some big moves lately, and this partnership with Watercress Financial is just the latest example. By working together, the two companies aim to provide a more efficient and effective receivable purchase program.

On January 31, VersaBank announced that Watercress Financial would be its new partner for this program. This is a key step in the bank's strategy to expand its services and reach new customers.

Here are some key dates related to VersaBank's latest developments:

These developments demonstrate VersaBank's commitment to growth and innovation, and we can expect to see more exciting news from the bank in the future.