NASDAQ:VBNK VersaBank (VBNK) Stock Price, News & Analysis → Shocking $16T Elon Musk Crypto Leak (From Crypto 101 Media) (Ad) Free VBNK Stock Alerts $10.78 +1.13 (+11.71%) (As of 06/7/2024 08:52 PM ET) Add Compare Share Share Today's Range$9.69▼$11.2550-Day Range$9.50▼$10.7652-Week Range$7.20▼$12.19Volume72,700 shsAverage Volume23,401 shsMarket Capitalization$279.85 millionP/E Ratio8.17Dividend Yield0.65%Price Target$10.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get VersaBank alerts: Email Address VersaBank MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside7.2% Downside$10.00 Price TargetShort InterestHealthy0.21% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.07Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth21.43%From $1.40 to $1.70 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.43 out of 5 starsFinance Sector572nd out of 816 stocksCommercial Banks, Not Elsewhere Classified Industry21st out of 25 stocks 1.5 Analyst's Opinion Consensus RatingVersaBank has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageVersaBank has received no research coverage in the past 90 days.Read more about VersaBank's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.21% of the float of VersaBank has been sold short.Short Interest Ratio / Days to CoverVersaBank has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in VersaBank has recently increased by 97.39%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldVersaBank has a dividend yield of 0.77%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthVersaBank does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of VersaBank is 5.30%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, VersaBank will have a dividend payout ratio of 4.12% next year. This indicates that VersaBank will be able to sustain or increase its dividend.Read more about VersaBank's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VBNK. Previous Next 2.3 News and Social Media Coverage News SentimentVersaBank has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 1.04 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for VersaBank this week, compared to 1 article on an average week.Search Interest6 people have searched for VBNK on MarketBeat in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, VersaBank insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.29% of the stock of VersaBank is held by insiders.Percentage Held by Institutions56.86% of the stock of VersaBank is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about VersaBank's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for VersaBank are expected to grow by 21.43% in the coming year, from $1.40 to $1.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of VersaBank is 8.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.61.Price to Earnings Ratio vs. SectorThe P/E ratio of VersaBank is 8.17, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.84.Price to Book Value per Share RatioVersaBank has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about VersaBank's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad HedgeyeNo Strings Attached: Get 30 Days of Hedgeye’s Top Stock Picks for FreeOptimize your stock investing strategy with Hedgeye's Investing Ideas, where rigorous fundamental stock analysis meets hedge fund-level market foresight!TRY "INVESTING IDEAS" TODAY About VersaBank Stock (NASDAQ:VBNK)VersaBank provides various banking products and services in Canada and the United States. It offers deposit products, such as web-based chequing accounts, 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 banking services comprising commercial real estate, public sector/infrastructure financing, and condominium financing; and residential mortgages. In addition, it offers 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.Read More VBNK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VBNK Stock News HeadlinesJune 7 at 7:24 AM | americanbankingnews.comVersaBank (VBNK) to Issue Quarterly Dividend of $0.02 on July 31stJune 7 at 7:00 AM | prnewswire.comVERSABANK RECEIVES FIRST OF TWO U.S. APPROVALS FOR U.S. BANK ACQUISITIONJune 5, 2024 | prnewswire.comVERSABANK REPORTS SECOND QUARTER FISCAL 2024 RESULTS: 18% YEAR-OVER-YEAR GROWTH IN THE BANK'S LOAN PORTFOLIO AND EPSJune 5, 2024 | prnewswire.comVERSABANK DECLARES DIVIDENDSJune 3, 2024 | prnewswire.comVERSABANK TO PARTICIPATE IN MICROCAP RODEO CONFERENCE JUNE 6, 2024 IN NEW YORK CITYMay 29, 2024 | theglobeandmail.comClosing Bell: Versabank up on Monday (VBNK)May 23, 2024 | theglobeandmail.comClosing Bell: Versabank down on Thursday (VBNK)May 22, 2024 | prnewswire.comVERSABANK TO HOST SECOND QUARTER FISCAL 2024 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST WEDNESDAY, JUNE 5, 2024 at 9:00 A.M. ETMay 21, 2024 | theglobeandmail.comClosing Bell: Versabank down on Tuesday (VBNK)May 21, 2024 | theglobeandmail.comClosing Bell: Versabank flat on Friday (VBNK)May 17, 2024 | theglobeandmail.comClosing Bell: Versabank up on Thursday (VBNK)May 16, 2024 | theglobeandmail.comClosing Bell: Versabank up on Wednesday (VBNK)May 6, 2024 | finance.yahoo.comVersaBank (TSE:VBNK) stock most popular amongst private companies who own 33%, while individual investors hold 28%April 21, 2024 | finance.yahoo.comVersaBank (VEW.DU)April 18, 2024 | prnewswire.comVERSABANK ANNOUNCES THE RESULTS OF ITS 2024 MEETING OF SHAREHOLDERSApril 3, 2024 | prnewswire.comVERSABANK'S 2024 ANNUAL AND SPECIAL MEETING TO BE HELD ON APRIL 17, 2024 - MEETING WILL ALSO BE LIVE STREAMEDMarch 11, 2024 | finance.yahoo.comVERSABANK TO PARTICIPATE IN UPCOMING CONFERENCESMarch 9, 2024 | finance.yahoo.comVersaBank First Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagMarch 7, 2024 | finance.yahoo.comVersaBank (NASDAQ:VBNK) Q1 2024 Earnings Call TranscriptMarch 6, 2024 | ca.finance.yahoo.comStocks in play: VersaBankMarch 6, 2024 | prnewswire.comVERSABANK REPORTS RESULTS FOR FIRST QUARTER FISCAL 2024: CONTINUED ROBUST GROWTH IN POINT-OF-SALE RECEIVABLE PURCHASE PROGRAM DRIVES 41% YEAR-OVER-YEAR INCREASE IN EPS TO ANOTHER NEW RECORD[1]March 6, 2024 | prnewswire.comVERSABANK DECLARES DIVIDENDSMarch 1, 2024 | finance.yahoo.comVersaBank (VBNK) Stock Historical Prices & Data - Yahoo FinanceFebruary 21, 2024 | finance.yahoo.comVERSABANK TO HOST FIRST QUARTER FISCAL 2024 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST WEDNESDAY, MARCH 6, 2024 AT 9:00 A.M. ETFebruary 21, 2024 | prnewswire.comVERSABANK TO HOST FIRST QUARTER FISCAL 2024 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST WEDNESDAY, MARCH 6, 2024 AT 9:00 A.M. ETSee More Headlines Receive VBNK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for VersaBank and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings12/13/2023Ex-Dividend for 4/30 Dividend4/04/2024Dividend Payable4/30/2024Today6/10/2024Ex-Dividend for 7/31 Dividend7/05/2024Dividend Payable7/31/2024Next Earnings (Estimated)9/04/2024Fiscal Year End10/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Commercial banks, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:VBNK CUSIPN/A CIK1690639 Webwww.versabank.com Phone(519) 645-1919FaxN/AEmployees119Year FoundedN/APrice Target and Rating Average Stock Price Target$10.00 High Stock Price Target$10.00 Low Stock Price Target$10.00 Potential Upside/Downside-7.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.32 Trailing P/E Ratio8.17 Forward P/E Ratio7.70 P/E GrowthN/ANet Income$31.26 million Net Margins17.02% Pretax Margin23.07% Return on Equity12.26% Return on Assets1.11% Debt Debt-to-Equity RatioN/A Current Ratio1.11 Quick Ratio1.11 Sales & Book Value Annual Sales$176.45 million Price / Sales1.59 Cash Flow$1.25 per share Price / Cash Flow8.59 Book Value$10.77 per share Price / Book1.00Miscellaneous Outstanding Shares25,960,000Free FloatN/AMarket Cap$279.85 million OptionableNot Optionable Beta0.75 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. David Roy Taylor B.Sc. (Age 71)BSc (Hons), FICB, M.B.A., MBA, PPL, President, CEO & Director Comp: $1.21MMr. John W. Asma B.A. (Hons.)M.B.A., Chief Financial OfficerMr. R. Shawn Clarke M.B.A. (Age 53)M.Eng., P.Eng., Chief Operating Officer Comp: $416.75kMr. Nikola Kristo B.Com.M.B.A., B.Comm, MBA, Chief Credit OfficerMr. Michael Richard Dixon B.Com.B.Comm., M.B.A., Senior Vice President of Point-of-Sale FinancingMr. Wooi Koay B.Com.B.Sc., Chief Information OfficerMr. Brent Tyler Hodge CIPPJ.D., Senior VP, General Counsel, Corporate Secretary & Chief Compliance OfficerMr. Jonathan Francis Patrick Taylor B.B.A. (Age 64)C.H.R.L., CHRL, Chief Human Resources Officer Comp: $432.48kMr. Telemaco G. Matrundola B.A.M.A., Executive Vice PresidentMs. Joanne M. Johnston B.Com.C.A., CPA, CIA, Chief Internal AuditorMore ExecutivesKey CompetitorsEsquire FinancialNASDAQ:ESQPeapack-Gladstone FinancialNASDAQ:PGCBanco BBVA ArgentinaNYSE:BBARBanco de ChileNYSE:BCHBanco MacroNYSE:BMAView All CompetitorsInstitutional OwnershipHillsdale Investment Management Inc.Bought 60,881 shares on 5/11/2024Ownership: 1.575%Acadian Asset Management LLCBought 22,699 shares on 5/10/2024Ownership: 0.254%Cumberland Partners LtdBought 44,600 shares on 5/10/2024Ownership: 0.172%Rosenthal Henry Capital Advisors Inc.Sold 31,000 shares on 5/8/2024Ownership: 0.898%Benjamin F. Edwards & Company Inc.Sold 4,491 shares on 4/29/2024Ownership: 0.038%View All Institutional Transactions VBNK Stock Analysis - Frequently Asked Questions Should I buy or sell VersaBank stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for VersaBank in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" VBNK shares. View VBNK analyst ratings or view top-rated stocks. What is VersaBank's stock price target for 2024? 1 Wall Street analysts have issued 1 year price targets for VersaBank's stock. Their VBNK share price targets range from $10.00 to $10.00. On average, they anticipate the company's share price to reach $10.00 in the next twelve months. This suggests that the stock has a possible downside of 7.2%. View analysts price targets for VBNK or view top-rated stocks among Wall Street analysts. How have VBNK shares performed in 2024? VersaBank's stock was trading at $10.95 at the start of the year. Since then, VBNK shares have decreased by 1.6% and is now trading at $10.78. View the best growth stocks for 2024 here. Are investors shorting VersaBank? VersaBank saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 30,200 shares, an increase of 97.4% from the April 30th total of 15,300 shares. Based on an average daily trading volume, of 26,500 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.2% of the company's stock are sold short. View VersaBank's Short Interest. When is VersaBank's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, September 4th 2024. View our VBNK earnings forecast. How were VersaBank's earnings last quarter? VersaBank (NASDAQ:VBNK) posted its quarterly earnings data on Wednesday, December, 13th. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.03. The business earned $50.85 million during the quarter, compared to the consensus estimate of $22.27 million. VersaBank had a trailing twelve-month return on equity of 12.26% and a net margin of 17.02%. During the same period in the previous year, the business posted $0.17 earnings per share. How often does VersaBank pay dividends? What is the dividend yield for VersaBank? VersaBank declared a quarterly dividend on Tuesday, June 4th. Stockholders of record on Friday, July 5th will be paid a dividend of $0.018 per share on Wednesday, July 31st. This represents a $0.07 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date is Friday, July 5th. Read our dividend analysis for VBNK. Is VersaBank a good dividend stock? VersaBank (NASDAQ:VBNK) pays an annual dividend of $0.07 per share and currently has a dividend yield of 0.77%. The dividend payout ratio is 5.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VBNK will have a dividend payout ratio of 4.12% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for VBNK. When did VersaBank IPO? VersaBank (VBNK) raised $50 million in an IPO on Wednesday, September 22nd 2021. The company issued 4,800,000 shares at a price of $10.37 per share. Raymond James acted as the underwriter for the IPO and Keefe Bruyette & Woods (A Stifel Company) was co-manager. Who are VersaBank's major shareholders? VersaBank's stock is owned by a variety of retail and institutional investors. Top institutional investors include Hillsdale Investment Management Inc. (1.57%), Rosenthal Henry Capital Advisors Inc. (0.90%), Cox Capital Mgt LLC (0.75%), Acadian Asset Management LLC (0.25%), Cumberland Partners Ltd (0.17%) and Benjamin F. Edwards & Company Inc. (0.04%). How do I buy shares of VersaBank? Shares of VBNK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:VBNK) was last updated on 6/10/2024 by MarketBeat.com Staff From Our PartnersIt's time to ween off Chinese lithium!As the lithium rush continues, this small-cap NASDAQ-traded company may be one of the brightest and most promi...Smallcaps Daily | SponsoredTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world'...Daily Market Alerts | SponsoredTop 5 AI Stocks to Buy for 2024The electric vehicle boom is accelerating – and fast.Market Moving Trends | SponsoredNo Strings Attached: Get 30 Days of Hedgeye’s Top Stock Picks for FreeOptimize your stock investing strategy with Hedgeye's Investing Ideas, where rigorous fundamental stock analys...Hedgeye | SponsoredThe Only Energy Play You Should Be Looking AtOpen AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has alr...Wealthpin Pro | SponsoredWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | SponsoredRSVP: Charles Payne’s Cash Flow WorkshopDid you know you could "cash flow" the stocks in your portfolio? Without selling a single share of stock? ...Unstoppable Prosperity | SponsoredNvidia needs this one obscure firm In my new investigation, I detail why this is the single most important factor in the future of AI. I expla...Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding VersaBank Please log in to your account or sign up in order to add this asset to your watchlist. Share VersaBank With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
