TSE:VB

VersaBank (VB.TO) Stock Forecast, Price & News

C$10.99

+1.51 (+15.93 %)

(As of 01/15/2021 05:41 PM ET)

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Today's Range

C$9.27

Now: C$10.99▼

C$12.30

50-Day Range

C$7.42

MA: C$8.57▼

C$9.48

52-Week Range

C$4.41

Now: C$10.99▼

C$12.30

Volume63,165 shs

Average Volume20,004 shs

Market CapitalizationC$232.15 million

P/E Ratio13.47

Dividend Yield0.91%

BetaN/A

VersaBank, a schedule I chartered bank, provides banking products and services in Canada. The company 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; and commercial lending services, including short-term construction financing, long-term financing, and loan refinance and lease buy out to real estate developers and condominium corporations in selective niche markets. It also purchases loan and lease receivables from finance companies. The company was formerly known as Pacific & Western Bank of Canada and changed its name to VersaBank in May 2016. VersaBank was founded in 1979 and is headquartered in London, Canada.

Overall MarketRank^™

0.94 out of 5 stars

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for VersaBank (VB.TO).

2.6 Community Rank

Outperform Votes
VersaBank (VB.TO) has received 248 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
VersaBank (VB.TO) has received 233 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
VersaBank (VB.TO) has received 51.56% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about VersaBank (VB.TO) and other stocks. Vote “Outperform” if you believe VB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe VB will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
VersaBank (VB.TO) has a dividend yield of 0.91%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
VersaBank (VB.TO) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of VersaBank (VB.TO) is 12.25%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, VersaBank (VB.TO) insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of VersaBank (VB.TO) is 13.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.48.
Price to Earnings Ratio vs. Sector
The P/E ratio of VersaBank (VB.TO) is 13.47, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 24.99.
Price to Book Value per Share Ratio
VersaBank (VB.TO) has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange TSE

Industry Independent Oil & Gas

Sub-IndustryN/A

SectorBasic Materials

Current SymbolTSE:VB

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.versabank.com

Phone519-645-1919

Employees92

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio13.47

Forward P/E Ratio10.57

P/E GrowthN/A

Sales & Book Value

Annual SalesC$54.53 million

Price / Sales4.26

Cash FlowC$14.37 per share

Price / Cash Flow0.76

Book ValueC$10.70 per share

Price / Book1.03

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares21,124,000

Market CapC$232.15 million

Next Earnings Date2/24/2021 (Estimated)

OptionableOptionable

C$10.99

+1.51 (+15.93 %)

(As of 01/15/2021 05:41 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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VersaBank (VB.TO) (TSE:VB) Frequently Asked Questions

How has VersaBank (VB.TO)'s stock price been impacted by COVID-19?

VersaBank (VB.TO)'s stock was trading at C$6.28 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, VB stock has increased by 75.0% and is now trading at C$10.99.
View which stocks have been most impacted by COVID-19.

What stocks does MarketBeat like better than VersaBank (VB.TO)?

Wall Street analysts have given VersaBank (VB.TO) a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but VersaBank (VB.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is VersaBank (VB.TO)'s next earnings date?

VersaBank (VB.TO) is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for VersaBank (VB.TO).

How were VersaBank (VB.TO)'s earnings last quarter?

VersaBank (VB.TO) (TSE:VB) posted its quarterly earnings results on Wednesday, November, 25th. The company reported $0.31 earnings per share for the quarter. The firm had revenue of $13.73 million for the quarter.
View VersaBank (VB.TO)'s earnings history.

How often does VersaBank (VB.TO) pay dividends? What is the dividend yield for VersaBank (VB.TO)?

VersaBank (VB.TO) announced a quarterly dividend on Thursday, January 7th. Stockholders of record on Sunday, January 31st will be paid a dividend of 0.025 per share on Sunday, January 31st. This represents a $0.10 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend is Thursday, January 7th.
View VersaBank (VB.TO)'s dividend history.

Is VersaBank (VB.TO) a good dividend stock?

VersaBank (VB.TO) pays an annual dividend of C$0.10 per share and currently has a dividend yield of 0.91%. The dividend payout ratio of VersaBank (VB.TO) is 12.25%. This payout ratio is at a healthy, sustainable level, below 75%.
View VersaBank (VB.TO)'s dividend history.

Who are some of VersaBank (VB.TO)'s key competitors?

Some companies that are related to VersaBank (VB.TO) include Great Bear Resources Ltd. (GBR.V) (GBR), Paramount Resources Ltd. (POU.TO) (POU), Mainstreet Equity Corp. (MEQ.TO) (MEQ), Genel Energy plc (GENL.L) (GENL), Seplat Petroleum Development Company Plc (SEPL.L) (SEPL), Ophir Energy (OPHR), Serica Energy plc (SQZ.L) (SQZ), GMP Capital Inc. (GMP.TO) (GMP), NuVista Energy Ltd. (NVA.TO) (NVA), Gran Tierra Energy Inc. (GTE.TO) (GTE), Calfrac Well Services Ltd. (CFW.TO) (CFW), Athabasca Oil Co. (ATH.TO) (ATH), Bahamas Petroleum Company plc (BPC.L) (BPC), Almaden Minerals Ltd. (AMM.TO) (AMM) and SDX Energy (SDX).
View all of VB's competitors.

What other stocks do shareholders of VersaBank (VB.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other VersaBank (VB.TO) investors own include Starbucks (SBUX), AbbVie (ABBV), Skyworks Solutions (SWKS), The Walt Disney (DIS), Gilead Sciences (GILD), Lockheed Martin (LMT), NVIDIA (NVDA), Activision Blizzard (ATVI), Alphabet (GOOG) and Intel (INTC).

Who are VersaBank (VB.TO)'s key executives?

VersaBank (VB.TO)'s management team includes the following people:

Mr. David Roy Taylor B.Sc., M.B.A., BSc (Hons), MBA, FICB, PPL, Pres, CEO & Director (Age 67, Pay $1.87M)
Mr. R. Shawn Clarke M.Eng., P.Eng., M.B.A., CFO & Corp. Sec. (Age 49, Pay $636.19k)
Mr. Jonathan Francis Patrick Taylor B.B.A., C.H.R.L., Sr. VP of Deposits & Chief HR Officer (Age 60, Pay $522.38k)
Mr. Nikola Kristo B.Com., M.B.A., B.Comm, MBA, Chief Credit Officer
Mr. Michael Richard Dixon B.Comm., M.B.A., Sr. VP of eCommerce
Terri Wilson, VP of Investment & Risk Control
Mr. David William Thoms B.A., M.B.A., BA., MBA, VP of Structured & Corp. Fin.
Mr. Wooi Koay B.Com., B.Sc., Chief Information Officer
Mr. Wade MacBain, Director of Investor Relations
Ms. Barbara E.M. Hale L.L.B., Chief Compliance Officer & Chief Anti-Money Laundering Officer (Age 59)

What is VersaBank (VB.TO)'s stock symbol?

VersaBank (VB.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "VB."

How do I buy shares of VersaBank (VB.TO)?

Shares of VB and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What is VersaBank (VB.TO)'s stock price today?

One share of VB stock can currently be purchased for approximately C$10.99.

How big of a company is VersaBank (VB.TO)?

VersaBank (VB.TO) has a market capitalization of C$232.15 million and generates C$54.53 million in revenue each year. VersaBank (VB.TO) employs 92 workers across the globe.

What is VersaBank (VB.TO)'s official website?

The official website for VersaBank (VB.TO) is www.versabank.com.

How can I contact VersaBank (VB.TO)?

The company can be reached via phone at 519-645-1919.

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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