VersaBank (NASDAQ:VBNK – Free Report) – Equities researchers at Roth Capital issued their FY2026 EPS estimates for shares of VersaBank in a research note issued to investors on Thursday, June 5th. Roth Capital analyst C. Irwin forecasts that the company will earn $1.60 per share for the year. The consensus estimate for VersaBank’s current full-year earnings is $1.46 per share. Roth Capital also issued estimates for VersaBank’s Q4 2026 earnings at $0.48 EPS.
Other research analysts have also issued reports about the stock. Raymond James reissued an “outperform” rating and set a $13.00 target price (down from $15.00) on shares of VersaBank in a research note on Thursday. Roth Mkm lowered shares of VersaBank from a “buy” rating to a “neutral” rating and reduced their target price for the company from $22.00 to $10.40 in a research note on Thursday, March 6th.
VersaBank Stock Down 0.1%
VersaBank stock opened at $10.39 on Monday. The firm has a 50-day moving average price of $10.79 and a two-hundred day moving average price of $12.49. The firm has a market capitalization of $337.87 million, a price-to-earnings 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.
VersaBank (NASDAQ:VBNK – Get Free Report) last announced its quarterly earnings data on Wednesday, June 4th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.03). The business had revenue of $21.87 million for the quarter, compared to the consensus estimate of $20.77 million. VersaBank had a net margin of 13.52% and a return on equity of 11.20%.
VersaBank Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Friday, July 4th will be paid a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend is Thursday, July 3rd. VersaBank’s payout ratio is 6.38%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of VBNK. Bank of Montreal Can lifted its stake in shares of VersaBank by 11.8% in the 4th quarter. Bank of Montreal Can now owns 17,431 shares of the company’s stock worth $239,000 after acquiring an additional 1,841 shares during the period. Pembroke Management LTD lifted its stake in shares of VersaBank by 1.4% in the 1st quarter. Pembroke Management LTD now owns 337,345 shares of the company’s stock worth $3,495,000 after acquiring an additional 4,581 shares during the period. K2 Principal Fund L.P. lifted its stake in shares of VersaBank by 30.1% in the 4th quarter. K2 Principal Fund L.P. now owns 20,646 shares of the company’s stock worth $286,000 after acquiring an additional 4,780 shares during the period. Canton Hathaway LLC acquired a new stake in shares of VersaBank in the 1st quarter worth approximately $51,000. Finally, Mark Sheptoff Financial Planning LLC lifted its stake in shares of VersaBank by 55.3% in the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 16,000 shares of the company’s stock worth $222,000 after acquiring an additional 5,700 shares during the period. 56.86% of the stock is owned by institutional investors and hedge funds.
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.
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