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- Market Cap.:
- $214.14 million
- Book Value:
- Revenue TTM:
- $97.12 million
- Operating Margin TTM:
- Gross Profit TTM:
- $76.34 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
VersaBank had its IPO on 2021-08-27 under the ticker symbol VBNK.
The company operates in the Financial Services sector and Banks-Regional industry. VersaBank has a staff strength of 110 employees.
Shares of VersaBank opened at $8.1 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $8 - $8.16, and closed at $8.04.
This is a +1.64% increase from the previous day's closing price.
A total volume of 1,449 shares were traded at the close of the day’s session.
In the last one week, shares of VersaBank have slipped by -6.94%.
VersaBank's Key Ratios
VersaBank has a market cap of $214.14 million, indicating a price to book ratio of 0.799 and a price to sales ratio of 2.6572.
In the last 12-months VersaBank’s revenue was $97.12 million with a gross profit of $76.34 million and an EBITDA of $0. The EBITDA ratio measures VersaBank's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, VersaBank’s operating margin was 46.75% while its return on assets stood at 1.02% with a return of equity of 10.15%.
In Q2.3333333333333, VersaBank’s quarterly earnings growth was a positive 88.4% while revenue growth was a positive 26.6%.
VersaBank’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $0.98 per share while it has a forward price to earnings multiple of 8.3963 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into VersaBank’s profitability.
VersaBank stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.6572.
VersaBank stock pays annual dividends of $0.1 per share, indicating a yield of 0.85% and a payout ratio of 6.51%.
Balance sheet and cash flow metrics
- Total Assets
- $3.98 billion
- Total Liabilities
- $7.27 million
- Operating Cash Flow
- Capital Expenditure
- Dividend Payout Ratio
VersaBank ended 2023 with $3.98 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.98 billion while shareholder equity stood at $365.04 million.
VersaBank ended 2023 with $0 in deferred long-term liabilities, $7.27 million in other current liabilities, 214544000.00 in common stock, $134.46 million in retained earnings and $5.75 million in goodwill. Its cash balance stood at $87.73 million and cash and short-term investments were $87.73 million. The company’s total short-term debt was $0 while long-term debt stood at $101.59 million.
VersaBank’s total current assets stands at $109.59 million while long-term investments were $183.90 million and short-term investments were $0. Its net receivables were $21.87 million compared to accounts payable of $7.27 million and inventory worth $0.
In 2023, VersaBank's operating cash flow was $0 while its capital expenditure stood at $12000.
Comparatively, VersaBank paid $0.07 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
VersaBank stock is currently trading at $8.04 per share. It touched a 52-week high of $9.02 and a 52-week low of $9.02. Analysts tracking the stock have a 12-month average target price of $11.6.
Its 50-day moving average was $8.16 and 200-day moving average was $7.53 The short ratio stood at 1.42 indicating a short percent outstanding of 0%.
Around 4375.5% of the company’s stock are held by insiders while 2528.2% are held by institutions.
Frequently Asked Questions About VersaBank
Similar Industry Stocks (Banks-Regional)
VersaBank 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.