Market research
VB.TO VersaBank
TO CAD Financial
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Market facts
- Market cap
- 402M
- P/E ratio
- 15.31
- Analyst target
- 17.25
- Dividend yield
- 0.7%
- Beta
- 1.06
Profile
Company facts
- Exchange
- TO
- Currency
- CAD
- Sector
- Financial
- Industry
- Banks
- ISIN
- CA92512J1066
- Market cap
- 402M
- P/E ratio
- 15.31
- Analyst target
- 17.25
- Dividend yield
- 0.7%
- Beta
- 1.06
About
About VersaBank
VersaBank, a schedule I chartered bank, provides various 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 products. It also provides lending services, including point of sale financing that involves 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. 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.
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Investor discussion
1 comment
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5 years, 6 months ago
VersaBank is currently in a long term uptrend where the price is trading 29.1% above its 200 day moving average.
From a valuation standpoint, the stock is 78.8% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 5.8.
VersaBank's total revenue rose by 13.5% to $15M since the same quarter in the previous year.
Its net income has increased by 2.9% to $5M since the same quarter in the previous year.
Finally, its free cash flow fell by 101.5% to $-27M since the same quarter in the previous year.
Based on the above factors, VersaBank gets an overall score of 4/5.