VersaBank

Financial Services / Banks - Regional

VersaBank provides various banking products and services in Canada and the United States. The company operates through four segments: Digital Banking Canada, Digital Banking USA, DRTC (Cybersecurity), and Digital Meteor. It offers deposit products, such as 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 real estate mortgages and loans, public sector, leases, and other financing. In addition, it provides 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.

Performance

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VBNK

Metrics

Market Cap635M
Latest Price$22.62
Previous Close$22.29
Volume211K
52 Week High$25.05
52 Week Low$11.15
52 Week Change61.20%
Average Volume113K
Revenue138M
EPS0.68
P/E Ratio28.824
Forward P/E11.92
Price/Book1.594
Profit Margin0.22%
Operating Margin0.27%
Return on Equity0.06%
Dividend Yield0.37%

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