Positive News SentimentPositive NewsNASDAQ:VBNK VersaBank (VBNK) Stock Forecast, Price & News $7.98 +0.12 (+1.53%) (As of 05:19 PM ET) Add Compare Share Share Today's Range$7.98▼$7.9850-Day Range$7.79▼$8.8852-Week Range$6.36▼$9.02Volume172 shsAverage Volume21,524 shsMarket Capitalization$206.84 millionP/E Ratio8.14Dividend Yield1.00%Price Target$9.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media VersaBank MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside12.8% Upside$9.00 Price TargetShort InterestHealthy0.08% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth31.58%From $1.14 to $1.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.72 out of 5 starsFinance Sector381st out of 842 stocksCommercial Banks, Not Elsewhere Classified Industry16th out of 28 stocks 2.5 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 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.00, VersaBank has a forecasted upside of 12.8% from its current price of $7.98.Amount of Analyst CoverageVersaBank has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.08% of the float of VersaBank has been sold short.Short Interest Ratio / Days to CoverVersaBank has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in VersaBank has recently decreased by 3.88%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldVersaBank has a dividend yield of 0.96%, 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 8.16%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, VersaBank will have a dividend payout ratio of 5.33% next year. This indicates that VersaBank will be able to sustain or increase its 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 3.8 News and Social Media Coverage News SentimentVersaBank has a news sentiment score of 1.87. 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 higher news sentiment than the 0.82 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for VersaBank this week, compared to 1 article on an average week.Search Interest1 people have searched for VBNK on MarketBeat in the last 30 days. MarketBeat Follows3 people have added VersaBank to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, VersaBank insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 21.13% of the stock of VersaBank is held by institutions. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for VersaBank are expected to grow by 31.58% in the coming year, from $1.14 to $1.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of VersaBank is 8.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.58.Price to Earnings Ratio vs. SectorThe P/E ratio of VersaBank is 8.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 79.54.Price to Book Value per Share RatioVersaBank has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About VersaBank (NASDAQ:VBNK) StockVersaBank provides various banking products and services in Canada and the United States. It offers deposit products, such as guaranteed investment certificates, registered retirement savings plans, daily interest savings accounts, 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; and commercial banking services comprising commercial real estate, public sector/infrastructure financing, 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VBNK Stock News HeadlinesSeptember 15, 2023 | theglobeandmail.comClosing Bell: Versabank down on Friday (VBNK)September 8, 2023 | finance.yahoo.comVersaBank (TSE:VBNK) shareholders have earned a 11% CAGR over the last five yearsSeptember 27, 2023 | Legacy Research (Ad)ATTENTION: Digital Dollar Could Send this $0.25 Play SkyrocketingIn just a few days, the U.S. government could announce this mandatory recall on the U.S. dollar… And replace it with a new digital dollar. And that could send this $0.25 alternative investment skyrocketing.August 31, 2023 | finance.yahoo.comVersaBank (NASDAQ:VBNK) Q3 2023 Earnings Call TranscriptAugust 29, 2023 | benzinga.comVersaBank's Earnings: A PreviewAugust 25, 2023 | theglobeandmail.comClosing Bell: Versabank flat on Tuesday (VBNK-PR-A)August 22, 2023 | theglobeandmail.comClosing Bell: Versabank up on Tuesday (VBNK)August 21, 2023 | theglobeandmail.comClosing Bell: Versabank up on Friday (VBNK-PR-A)September 27, 2023 | Chaikin Analytics (Ad)This Stock Could Go Up 66% or More.Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.August 17, 2023 | finance.yahoo.comVERSABANK TO HOST THIRD QUARTER FISCAL 2023 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST WEDNESDAY, AUGUST 30, 2023 at 9:00 A.M. ETAugust 17, 2023 | finance.yahoo.comHere's Why We Think VersaBank (TSE:VBNK) Might Deserve Your Attention TodayAugust 11, 2023 | finance.yahoo.comIs VersaBank (VBNK) a Good Stock for Value Investors?August 3, 2023 | finance.yahoo.com3 Top Breakout Stocks to Invest in for Excellent ReturnsJuly 24, 2023 | finance.yahoo.comVersaBank (VBNK): A Comprehensive GF Score AnalysisJuly 23, 2023 | finance.yahoo.comVersaBank Insiders Added CA$1.5m Of Stock To Their HoldingsJune 27, 2023 | finance.yahoo.comVersaBank (TSE:VBNK) Will Pay A Dividend Of CA$0.025June 23, 2023 | msn.comVersaBank: Strong Fundamentals And Operational Efficiency Signal A Promising OpportunityJune 16, 2023 | finance.yahoo.comVersaBank (VBNK) Upgraded to Strong Buy: What Does It Mean for the Stock?June 13, 2023 | finance.yahoo.comNew Strong Buy Stocks for June 13thJune 11, 2023 | finance.yahoo.comVBNK.TO - VersaBankJune 9, 2023 | finance.yahoo.comCan VersaBank (VBNK) Run Higher on Rising Earnings Estimates?June 8, 2023 | seekingalpha.comVersaBank GAAP EPS of C$0.38, revenue of C$26.69MJune 8, 2023 | msn.comThis Digital Bank Could be Canada’s Best-Kept Financial Services SecretJune 7, 2023 | finance.yahoo.comVersaBank (VBNK) Beats Q2 Earnings and Revenue EstimatesJune 7, 2023 | theglobeandmail.comStocks Set to Open Mixed as Weak China Trade Data Weighs on SentimentJune 7, 2023 | finance.yahoo.comVERSABANK REPORTS CONTINUED STRONG RESULTS FOR SECOND QUARTER 2023 HIGHLIGHTED BY 108% YEAR-OVER-YEAR GROWTH IN NET INCOME TO $10.3 MILLIONMay 24, 2023 | finance.yahoo.comVERSABANK TO HOST SECOND QUARTER FISCAL 2023 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST WEDNESDAY, JUNE 7, 2023 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 VBNK Company Calendar Ex-Dividend for 7/31 Dividend7/06/2023Dividend Payable7/31/2023Last Earnings8/30/2023Today9/27/2023Ex-Dividend for 10/31 Dividend10/05/2023Dividend Payable10/31/2023Fiscal Year End10/31/2023Next Earnings (Estimated)12/06/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Commercial banks, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:VBNK CUSIPN/A CIK1690639 Webwww.versabank.com Phone(519) 645-1919FaxN/AEmployees110Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.00 High Stock Price Forecast$9.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+12.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.98 Trailing P/E Ratio8.14 Forward P/E Ratio7.00 P/E GrowthN/ANet Income$17.60 million Net Margins16.96% Pretax Margin24.15% Return on Equity10.00% Return on Assets0.98% Debt Debt-to-Equity RatioN/A Current Ratio1.09 Quick Ratio1.09 Sales & Book Value Annual Sales$102.93 million Price / Sales2.01 Cash Flow$0.71 per share Price / Cash Flow11.23 Book Value$10.55 per share Price / Book0.76Miscellaneous Outstanding Shares25,920,000Free FloatN/AMarket Cap$206.84 million OptionableNot Optionable Beta0.61 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. David Roy Taylor B.Sc. (Age 70)BSc (Hons), FICB, M.B.A., MBA, PPL, Pres, CEO & Director Comp: $1.88MMr. R. Shawn Clarke M.B.A. (Age 52)M.Eng., P.Eng., Chief Financial Officer Comp: $759.06kMr. Jonathan Francis Patrick Taylor B.B.A. (Age 63)C.H.R.L., CHRL, Chief HR Officer Comp: $434.74kMr. Nikola Kristo B.Com.M.B.A., B.Comm, MBA, Chief Credit OfficerMr. Michael Richard Dixon B.Com.B.Comm., M.B.A., Sr. VP of Point-of-Sale FinancingMr. Wooi Koay B.Com.B.Sc., Chief Information OfficerMr. Brent Tyler Hodge CIPPJ.D., Sr. VP, Gen. Counsel, Corp. Sec. & Chief Compliance OfficerMr. Telemaco G. Matrundola B.A.M.A., Exec. VPMs. Joanne M. Johnston B.Com.C.A., CPA, CIA, Chief Internal AuditorMs. Tammie Ashton B.A.L.L.B., Chief Risk OfficerMore ExecutivesKey CompetitorsGrupo SupervielleNYSE:SUPVEsquire FinancialNASDAQ:ESQPeapack-Gladstone FinancialNASDAQ:PGCBanco Latinoamericano de Comercio Exterior, S. A.NYSE:BLXBlackRock MuniVest Fund IINYSE:MVTView All CompetitorsInstitutional OwnershipAlliancebernstein L.P.Bought 31,972 shares on 8/15/2023Ownership: 6.061%Kennedy Capital Management LLCSold 24,153 shares on 8/15/2023Ownership: 0.806%Royal Bank of CanadaBought 1,569 shares on 8/15/2023Ownership: 0.217%Benjamin F. Edwards & Company Inc.Bought 4,398 shares on 8/15/2023Ownership: 0.066%John W. Rosenthal Capital Management Inc.Sold 25,000 shares on 8/3/2023Ownership: 1.019%View All Institutional Transactions VBNK Stock - Frequently Asked Questions Should I buy or sell VersaBank stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for VersaBank in the last year. There are currently 2 buy ratings 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 forecast for 2023? 2 analysts have issued twelve-month price objectives for VersaBank's stock. Their VBNK share price forecasts range from $9.00 to $9.00. On average, they predict the company's stock price to reach $9.00 in the next year. This suggests a possible upside of 12.8% from the stock's current price. View analysts price targets for VBNK or view top-rated stocks among Wall Street analysts. How have VBNK shares performed in 2023? VersaBank's stock was trading at $7.5250 at the beginning of 2023. Since then, VBNK stock has increased by 6.0% and is now trading at $7.98. View the best growth stocks for 2023 here. When is VersaBank's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 6th 2023. View our VBNK earnings forecast. How were VersaBank's earnings last quarter? VersaBank (NASDAQ:VBNK) released its quarterly earnings data on Wednesday, August, 30th. The company reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.31 by $0.03. The business had revenue of $46.47 million for the quarter, compared to analyst estimates of $21.53 million. VersaBank had a trailing twelve-month return on equity of 10.00% and a net margin of 16.96%. During the same period last year, the business posted $0.16 earnings per share. How often does VersaBank pay dividends? What is the dividend yield for VersaBank? VersaBank declared a quarterly dividend on Wednesday, August 30th. Stockholders of record on Friday, October 6th will be given a dividend of $0.019 per share on Tuesday, October 31st. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date of this dividend is Thursday, October 5th. This is an increase from the stock's previous quarterly dividend of $0.02. Read our dividend analysis for VBNK. Is VersaBank a good dividend stock? VersaBank (NASDAQ:VBNK) pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.96%. The dividend payout ratio is 8.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VBNK will have a dividend payout ratio of 5.33% 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? (VBNK) raised $50 million in an IPO on Wednesday, September 22nd 2021. The company issued 4,800,000 shares at $10.37 per share. Raymond James acted as the underwriter for the IPO and Keefe Bruyette & Woods (A Stifel Company) was co-manager. What is VersaBank's stock symbol? VersaBank trades on the NASDAQ under the ticker symbol "VBNK." Who are VersaBank's major shareholders? VersaBank's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Alliancebernstein L.P. (6.06%), John W. Rosenthal Capital Management Inc. (1.02%), Kennedy Capital Management LLC (0.81%), National Bank of Canada FI (0.41%), Royal Bank of Canada (0.22%) and Benjamin F. Edwards & Company Inc. (0.07%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is VersaBank's stock price today? One share of VBNK stock can currently be purchased for approximately $7.98. How much money does VersaBank make? VersaBank (NASDAQ:VBNK) has a market capitalization of $206.84 million and generates $102.93 million in revenue each year. The company earns $17.60 million in net income (profit) each year or $0.98 on an earnings per share basis. How many employees does VersaBank have? The company employs 110 workers across the globe. How can I contact VersaBank? VersaBank's mailing address is 140 Fullarton St Suite 2002, London, Ontario N6A 5P2. The official website for the company is www.versabank.com. The company can be reached via phone at (519) 645-1919. This page (NASDAQ:VBNK) was last updated on 9/27/2023 by MarketBeat.com Staff 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. 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