VersaBank Registered Shs Stock Settlement VBNK

Morningstar Rating
CA$31.24 −0.49 (1.54%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

VBNK is trading at a LOCK|>wkY%n premium.
Price
CA$31.73
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

News

Trading Information

Previous Close Price
CA$31.73
Day Range
CA$30.90–31.45
52-Week Range
CA$15.80–34.00
Bid/Ask
CA$31.20 / CA$31.60
Shares Outstanding
32.42M
Market Cap
CA$1.01B
Volume/Avg
19,192 / 34,788

Key Statistics

Price/Earnings (Normalized)
21.87
Price/Sales
6.85
Dividend Yield (Trailing)
0.32%
Dividend Yield (Forward)
0.32%
Dividend Payment Schedule
Jan, Apr, Jul, Oct
Total Yield
0.32%

Company Profile

VersaBank is a Schedule I Canadian bank that provides mainly commercial lending and banking services to select niche markets in Canada and the United States. Its products and services include credit assets, deposits, and cybersecurity services through its wholly owned subsidiary. The bank operates through four segments: Digital Banking Canada and Digital Banking USA, both using a business-to-business model with proprietary financial technology to serve underserved markets; DRTC, which provides cybersecurity services and banking and financial technology development; and Digital Meteor, which owns proprietary technology supporting next-generation digital assets, including Real Bank Deposit Tokens (RBDTs). The majority of revenue comes from Digital Banking.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Small Core
Total Number of Employees
131

Valuation

Metric
VBNK
Price/Earnings (Normalized)
21.87
Price/Book Value
1.82
Price/Sales
6.85
Price/Cash Flow
28.06
Price/Earnings
VBNK

Financial Strength

Metric
VBNK
Quick Ratio
—
Current Ratio
—
Interest Coverage
—
Quick Ratio
No chart available

Profitability

Metric
VBNK
Return on Assets (Normalized)
1.00%
Return on Equity (Normalized)
11.32%
Return on Invested Capital (Normalized)
—
Return on Assets
VBNK

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