Roth Capital Has Pessimistic View of VersaBank Q2 Earnings

VersaBank (NASDAQ:VBNK - Free Report) - Research analysts at Roth Capital cut their Q2 2025 EPS estimates for VersaBank in a note issued to investors on Monday, June 2nd. Roth Capital analyst C. Irwin now forecasts that the company will post earnings per share of $0.22 for the quarter, down from their previous forecast of $0.26. The consensus estimate for VersaBank's current full-year earnings is $1.46 per share. Roth Capital also issued estimates for VersaBank's Q3 2025 earnings at $0.27 EPS and Q4 2025 earnings at $0.31 EPS.

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

A number of other research firms have also recently commented on VBNK. Roth Mkm cut VersaBank from a "buy" rating to a "neutral" rating and cut their price objective for the company from $22.00 to $10.40 in a research report on Thursday, March 6th. Raymond James reissued an "outperform" rating and issued a $13.00 price target (down previously from $15.00) on shares of VersaBank in a report on Thursday.

VersaBank Stock Down 0.1%

Shares of VersaBank stock traded down $0.01 on Wednesday, reaching $10.39. The company's stock had a trading volume of 67,594 shares, compared to its average volume of 70,365. The company has a market capitalization of $337.87 million, a P/E ratio of 9.45 and a beta of 0.99. VersaBank has a 52-week low of $8.51 and a 52-week high of $18.38. The stock has a 50-day moving average price of $10.79 and a 200-day moving average price of $12.55.

VersaBank Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Friday, July 4th will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.96%. The ex-dividend date is Thursday, July 3rd. VersaBank's payout ratio is currently 6.38%.

Institutional Investors Weigh In On VersaBank

Hedge funds have recently modified their holdings of the company. Canton Hathaway LLC purchased a new stake in shares of VersaBank in the first quarter valued at about $51,000. Trexquant Investment LP purchased a new position in VersaBank in the first quarter worth approximately $112,000. Salzhauer Michael purchased a new position in VersaBank in the fourth quarter worth approximately $137,000. XTX Topco Ltd purchased a new position in VersaBank in the fourth quarter worth approximately $159,000. Finally, First Trust Advisors LP purchased a new position in VersaBank in the fourth quarter worth approximately $217,000. 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.