Roth Capital Forecasts VersaBank FY2026 Earnings

VersaBank (NASDAQ:VBNK - Free Report) - Investment analysts at Roth Capital issued their FY2026 EPS estimates for VersaBank in a report issued on Thursday, June 5th. Roth Capital analyst C. Irwin anticipates that the company will earn $1.60 per share for the year. The consensus estimate for VersaBank's current full-year earnings is $1.46 per share. Roth Capital also issued estimates for VersaBank's Q4 2026 earnings at $0.48 EPS.

VersaBank (NASDAQ:VBNK - Get Free Report) last posted its earnings results on Wednesday, June 4th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.03). VersaBank had a return on equity of 11.20% and a net margin of 13.52%. The business had revenue of $21.87 million for the quarter, compared to analysts' expectations of $20.77 million.

A number of other equities research analysts also recently weighed in on the stock. Raymond James reaffirmed an "outperform" rating and issued a $13.00 target price (down from $15.00) on shares of VersaBank in a research note on Thursday, June 5th. Roth Mkm lowered shares of VersaBank from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $22.00 to $10.40 in a report on Thursday, March 6th.

VersaBank Trading Up 0.7%

Shares of VBNK traded up $0.08 during trading hours on Monday, reaching $11.25. 32,941 shares of the company's stock traded hands, compared to its average volume of 70,956. VersaBank has a 12 month low of $8.51 and a 12 month high of $18.38. The stock has a market cap of $365.84 million, a PE ratio of 10.23 and a beta of 0.99. The firm's 50 day simple moving average is $10.88 and its 200-day simple moving average is $12.43.

VersaBank Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Friday, July 4th will be given a $0.025 dividend. The ex-dividend date of this dividend is Thursday, July 3rd. This represents a $0.10 dividend on an annualized basis and a yield of 0.89%. VersaBank's payout ratio is 8.86%.

Institutional Trading of VersaBank

Several hedge funds and other institutional investors have recently bought and sold shares of the company. TCW Group Inc. purchased a new position in shares of VersaBank during the fourth quarter worth approximately $4,155,000. Raymond James Financial Inc. purchased a new position in VersaBank in the 4th quarter worth $1,442,000. Mendon Capital Advisors Corp lifted its stake in VersaBank by 65.6% in the fourth quarter. Mendon Capital Advisors Corp now owns 887,253 shares of the company's stock worth $12,288,000 after purchasing an additional 351,511 shares during the last quarter. Intact Investment Management Inc. bought a new stake in VersaBank in the fourth quarter worth $1,223,000. Finally, Russell Investments Group Ltd. purchased a new stake in VersaBank during the fourth quarter valued at about $307,000. Hedge funds and other institutional investors own 56.86% of the company's stock.

About VersaBank

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.