VERSABANK (VBNK.CA) Stock Price, Forecast & Analysis
Canada - TSX:VBNK - CA92512J1066 - Common Stock
VBNK.CA Key Statistics, Chart & Performance
The current stock price of VBNK.CA is 16 CAD. In the past month the price decreased by -3.03%. In the past year, price decreased by -32.49%.
VBNK.CA Latest News, Press Relases and Analysis
VBNK.CA Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| EQB.CA | EQB INC | 8.59 | 3.25B |
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About VBNK.CA
Company Profile
VersaBank engages in the provision of financial services. The company is headquartered in London, Ontario and currently employs 121 full-time employees. The company went IPO on 2013-08-27. The company offers a receivable purchase program (RPP) funding solution for point-of-sale finance companies. The company also owns DRT Cyber Inc., which provides the provision of cybersecurity services designed to address the growing volume of cyber threats challenging financial institutions, multinational corporations, and government entities. Its segment consists of Digital Banking Canada, Digital Banking USA and DRTC. Under Digital Banking Canada, the Bank employs a branchless business-to-business (partner-based) model using its financial technology to address underserved segments in the Canadian and U.S. banking markets. Under Digital Banking USA, the Bank intends to adopt a business-to-business model, to address underserved segments of the U.S. banking market. Under VersaBank USA, it plans to acquire deposits and deliver the majority of its loans and leases electronically through deposit and lending solutions tailored for financial intermediaries.
Company Info
VERSABANK
140 Fullarton Street, Suite 2002
London ONTARIO CA
Employees: 121
Phone: 15196451919
VERSABANK / VBNK.CA FAQ
What does VERSABANK do?
VersaBank engages in the provision of financial services. The company is headquartered in London, Ontario and currently employs 121 full-time employees. The company went IPO on 2013-08-27. The company offers a receivable purchase program (RPP) funding solution for point-of-sale finance companies. The company also owns DRT Cyber Inc., which provides the provision of cybersecurity services designed to address the growing volume of cyber threats challenging financial institutions, multinational corporations, and government entities. Its segment consists of Digital Banking Canada, Digital Banking USA and DRTC. Under Digital Banking Canada, the Bank employs a branchless business-to-business (partner-based) model using its financial technology to address underserved segments in the Canadian and U.S. banking markets. Under Digital Banking USA, the Bank intends to adopt a business-to-business model, to address underserved segments of the U.S. banking market. Under VersaBank USA, it plans to acquire deposits and deliver the majority of its loans and leases electronically through deposit and lending solutions tailored for financial intermediaries.
What is the stock price of VERSABANK today?
The current stock price of VBNK.CA is 16 CAD. The price decreased by -0.06% in the last trading session.
Does VBNK stock pay dividends?
VERSABANK (VBNK.CA) has a dividend yield of 0.61%. The yearly dividend amount is currently 0.14.
How is the ChartMill rating for VERSABANK?
VBNK.CA has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
What is the analyst forecast for VBNK.CA stock?
8 analysts have analysed VBNK.CA and the average price target is 20.23 CAD. This implies a price increase of 26.44% is expected in the next year compared to the current price of 16.
Can you provide the number of employees for VERSABANK?
VERSABANK (VBNK.CA) currently has 121 employees.
What is the ownership structure of VERSABANK (VBNK.CA)?
You can find the ownership structure of VERSABANK (VBNK.CA) on the Ownership tab.
VBNK.CA Technical Analysis
VBNK.CA Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to VBNK.CA. VBNK.CA scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages.
VBNK.CA Financial Highlights
Over the last trailing twelve months VBNK.CA reported a non-GAAP Earnings per Share(EPS) of 0.94. The EPS decreased by -46.59% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 24.41% | ||
| ROA | 0.52% | ||
| ROE | 5.4% | ||
| Debt/Equity | 0.2 |
VBNK.CA Forecast & Estimates
8 analysts have analysed VBNK.CA and the average price target is 20.23 CAD. This implies a price increase of 26.44% is expected in the next year compared to the current price of 16.
For the next year, analysts expect an EPS growth of -31.89% and a revenue growth 18.29% for VBNK.CA