NASDAQ:VBNK VersaBank (VBNK) Stock Price, News & Analysis → The Next Nvidia? (From InvestorPlace) (Ad) Free VBNK Stock Alerts $9.91 +0.15 (+1.54%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$9.81▼$10.0050-Day Range$9.61▼$11.9052-Week Range$6.36▼$12.19Volume913 shsAverage Volume29,332 shsMarket Capitalization$257.26 millionP/E Ratio7.80Dividend Yield0.40%Price Target$10.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Get VersaBank alerts: Email Address VersaBank MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside0.9% Upside$10.00 Price TargetShort InterestHealthy0.09% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth27.59%From $1.45 to $1.85 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.62 out of 5 starsFinance Sector674th out of 859 stocksCommercial Banks, Not Elsewhere Classified Industry26th out of 28 stocks 1.5 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 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageVersaBank has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.09% of the float of VersaBank has been sold short.Short Interest Ratio / Days to CoverVersaBank has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in VersaBank has recently decreased by 60.49%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldVersaBank has a dividend yield of 0.38%, 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 3.15%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, VersaBank will have a dividend payout ratio of 2.16% 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 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for VersaBank this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for VBNK on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, VersaBank insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.29% of the stock of VersaBank is held by insiders.Percentage Held by Institutions56.86% of the stock of VersaBank is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for VersaBank are expected to grow by 27.59% in the coming year, from $1.45 to $1.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of VersaBank is 7.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.57.Price to Earnings Ratio vs. SectorThe P/E ratio of VersaBank is 7.80, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.88.Price to Book Value per Share RatioVersaBank has a P/B Ratio of 0.92. 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 Ad Stansberry ResearchWorld’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.Click here to find out what to do. About VersaBank Stock (NASDAQ:VBNK)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. 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VBNK Stock News HeadlinesApril 21, 2024 | finance.yahoo.comVersaBank (VEW.DU)April 18, 2024 | prnewswire.comVERSABANK ANNOUNCES THE RESULTS OF ITS 2024 MEETING OF SHAREHOLDERSApril 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 3, 2024 | prnewswire.comVERSABANK'S 2024 ANNUAL AND SPECIAL MEETING TO BE HELD ON APRIL 17, 2024 - MEETING WILL ALSO BE LIVE STREAMEDMarch 11, 2024 | finance.yahoo.comVERSABANK TO PARTICIPATE IN UPCOMING CONFERENCESMarch 9, 2024 | finance.yahoo.comVersaBank First Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagMarch 7, 2024 | finance.yahoo.comVersaBank (NASDAQ:VBNK) Q1 2024 Earnings Call TranscriptMarch 6, 2024 | ca.finance.yahoo.comStocks in play: VersaBankApril 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.March 6, 2024 | prnewswire.comVERSABANK REPORTS RESULTS FOR FIRST QUARTER FISCAL 2024: CONTINUED ROBUST GROWTH IN POINT-OF-SALE RECEIVABLE PURCHASE PROGRAM DRIVES 41% YEAR-OVER-YEAR INCREASE IN EPS TO ANOTHER NEW RECORD[1]March 6, 2024 | prnewswire.comVERSABANK DECLARES DIVIDENDSMarch 1, 2024 | finance.yahoo.comVersaBank (VBNK) Stock Historical Prices & Data - Yahoo FinanceFebruary 21, 2024 | finance.yahoo.comVERSABANK TO HOST FIRST QUARTER FISCAL 2024 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST WEDNESDAY, MARCH 6, 2024 AT 9:00 A.M. ETFebruary 21, 2024 | prnewswire.comVERSABANK TO HOST FIRST QUARTER FISCAL 2024 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST WEDNESDAY, MARCH 6, 2024 AT 9:00 A.M. ETFebruary 21, 2024 | prnewswire.comVERSABANK PARTICIPATES IN 2024 KBW FINTECH & PAYMENTS CONFERENCE FEBRUARY 27-29, 2024February 15, 2024 | finance.yahoo.comInvestors in VersaBank (TSE:VBNK) have seen splendid returns of 107% over the past five yearsJanuary 24, 2024 | theglobeandmail.comThe Best Bank Stock to Buy Nobody in America Knows AboutDecember 29, 2023 | theglobeandmail.comClosing Bell: Versabank up on Friday (VBNK)December 21, 2023 | finance.yahoo.comVersaBank donates $50,000 to Salvation Army to support Harvest Hope food security campaignDecember 19, 2023 | finance.yahoo.comVersaBank Full Year 2023 Earnings: EPS Misses ExpectationsDecember 19, 2023 | finance.yahoo.comVersaBank (NASDAQ:VBNK) Q4 2023 Earnings Call TranscriptDecember 18, 2023 | finance.yahoo.comPresident of VersaBank Picks Up 2.4% More StockDecember 13, 2023 | benzinga.comRecap: VersaBank Q4 EarningsDecember 13, 2023 | msn.comVersaBank 7% 5YR PFD SER 1 declares $0.1693 dividendDecember 13, 2023 | msn.comVersaBank (VBNK) Surpasses Q4 Earnings EstimatesDecember 8, 2023 | finance.yahoo.comVersaBank to Report Fourth Quarter and Fiscal 2023 Year End Results Wednesday, December 13, 2023 at 7:00 a.m. ETNovember 27, 2023 | finance.yahoo.comVersaBank (TSE:VBNK) stock most popular amongst private companies who own 33%, while individual investors hold 31%See 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 Company Calendar Ex-Dividend for 1/31 Dividend1/04/2024Dividend Payable1/31/2024Last Earnings3/06/2024Ex-Dividend for 4/30 Dividend4/04/2024Today4/25/2024Dividend Payable4/30/2024Next Earnings (Estimated)6/05/2024Fiscal Year End10/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Commercial banks, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:VBNK CUSIPN/A CIK1690639 Webwww.versabank.com Phone(519) 645-1919FaxN/AEmployees119Year FoundedN/APrice Target and Rating Average Stock Price Target$10.00 High Stock Price Target$10.00 Low Stock Price Target$10.00 Potential Upside/Downside+0.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.27 Trailing P/E Ratio7.80 Forward P/E Ratio6.83 P/E GrowthN/ANet Income$31.26 million Net Margins17.59% Pretax Margin23.77% Return on Equity12.14% Return on Assets1.11% Debt Debt-to-Equity RatioN/A Current Ratio1.10 Quick Ratio1.10 Sales & Book Value Annual Sales$176.45 million Price / Sales1.46 Cash Flow$1.27 per share Price / Cash Flow7.78 Book Value$10.77 per share Price / Book0.92Miscellaneous Outstanding Shares25,960,000Free Float24,591,000Market Cap$257.26 million OptionableNot Optionable Beta0.77 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. David Roy Taylor B.Sc. (Age 71)BSc (Hons), FICB, M.B.A., MBA, PPL, President, CEO & Director Comp: $1.2MMr. John W. Asma B.A. (Hons.)M.B.A., Chief Financial OfficerMr. R. Shawn Clarke M.B.A. (Age 53)M.Eng., P.Eng., Chief Operating Officer Comp: $415.64kMr. Nikola Kristo B.Com.M.B.A., B.Comm, MBA, Chief Credit OfficerMr. Michael Richard Dixon B.Com.B.Comm., M.B.A., Senior Vice President of Point-of-Sale FinancingMr. Wooi Koay B.Com.B.Sc., Chief Information OfficerMr. Brent Tyler Hodge CIPPJ.D., Senior VP, General Counsel, Corporate Secretary & Chief Compliance OfficerMr. Jonathan Francis Patrick Taylor B.B.A. (Age 64)C.H.R.L., CHRL, Chief Human Resources Officer Comp: $431.33kMr. Telemaco G. Matrundola B.A.M.A., Executive Vice PresidentMs. Joanne M. Johnston B.Com.C.A., CPA, CIA, Chief Internal AuditorMore ExecutivesKey CompetitorsEsquire FinancialNASDAQ:ESQPeapack-Gladstone FinancialNASDAQ:PGCNorthrim BanCorpNASDAQ:NRIMBank7NASDAQ:BSVNIndustrial Logistics Properties TrustNASDAQ:ILPTView All CompetitorsInstitutional OwnershipCox Capital Mgt LLCBought 9,802 shares on 4/10/2024Ownership: 0.754%Wellington Management Group LLPBought 92,166 shares on 3/5/2024Ownership: 0.479%Mendon Capital Advisors CorpBought 834,371 shares on 2/23/2024Ownership: 3.214%Orchard Capital Management LLCBought 1,000 shares on 2/15/2024Ownership: 1.272%Greenwich Investment Management Inc.Sold 4,325 shares on 2/14/2024Ownership: 0.285%View All Institutional Transactions VBNK Stock Analysis - Frequently Asked Questions Should I buy or sell VersaBank stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for VersaBank in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" VBNK shares. View VBNK analyst ratings or view top-rated stocks. What is VersaBank's stock price target for 2024? 1 analysts have issued 1-year target prices for VersaBank's shares. Their VBNK share price targets range from $10.00 to $10.00. On average, they anticipate the company's share price to reach $10.00 in the next year. This suggests a possible upside of 0.9% 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 2024? VersaBank's stock was trading at $10.95 at the beginning of the year. Since then, VBNK shares have decreased by 9.5% and is now trading at $9.91. View the best growth stocks for 2024 here. Are investors shorting VersaBank? VersaBank saw a decline in short interest in April. As of April 15th, there was short interest totaling 12,800 shares, a decline of 60.5% from the March 31st total of 32,400 shares. Based on an average trading volume of 30,200 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company's shares are sold short. View VersaBank's Short Interest. When is VersaBank's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024. View our VBNK earnings forecast. How were VersaBank's earnings last quarter? VersaBank (NASDAQ:VBNK) announced its quarterly earnings data on Wednesday, March, 6th. The company reported $0.36 EPS for the quarter, topping analysts' consensus estimates of $0.31 by $0.05. The company earned $21.35 million during the quarter, compared to the consensus estimate of $22.05 million. VersaBank had a net margin of 17.59% and a trailing twelve-month return on equity of 12.14%. How often does VersaBank pay dividends? What is the dividend yield for VersaBank? VersaBank announced a quarterly dividend on Thursday, March 7th. Shareholders of record on Friday, April 5th will be paid a dividend of $0.0184 per share on Tuesday, April 30th. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date is Thursday, April 4th. Read our dividend analysis for VBNK. Is VersaBank a good dividend stock? VersaBank (NASDAQ:VBNK) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.38%. The dividend payout ratio is 3.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VBNK will have a dividend payout ratio of 2.16% 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? VersaBank (VBNK) raised $50 million in an initial public offering on Wednesday, September 22nd 2021. The company issued 4,800,000 shares at a price of $10.37 per share. Raymond James acted as the underwriter for the IPO and Keefe Bruyette & Woods (A Stifel Company) was co-manager. Who are VersaBank's major shareholders? VersaBank's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Cox Capital Mgt LLC (0.75%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:VBNK) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingConflict In Israel Sends Gold Soaring ???? 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