VBNK
VersaBankVBNK
VBNK
About: VersaBank is a Canadian Schedule I chartered bank with a difference. It has 3 operating segments: Digital Banking Canada, Digital Banking USA and DRTC. It's, cloud-based, business-to-business deposit and lending model provides valued-added solutions to Canadian financial intermediary partners, enabling them to focus on growing their own businesses faster and more profitably. It obtains all of its deposits and provides the majority of its loans and leases electronically, with deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses. In addition, leveraging its internally developed IT security software and capabilities, Company established a wholly owned, subsidiary. Geographically located in Canada and USA.
Employees: 121
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
100% more call options, than puts
Call options by funds: $2K | Put options by funds: $1K
82% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 11
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]
7.92% less ownership
Funds ownership: 42.01% [Q4 2024] → 34.09% (-7.92%) [Q1 2025]
17% less funds holding
Funds holding: 53 [Q4 2024] → 44 (-9) [Q1 2025]
24% less capital invested
Capital invested by funds: $153M [Q4 2024] → $116M (-$36.8M) [Q1 2025]
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$13
18%
upside
Avg. target
$13
18%
upside
High target
$13
18%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Raymond James Joseph Yanchunis | 18%upside $13 | Outperform Reiterated | 5 Jun 2025 |
Financial journalist opinion
Based on 9 articles about VBNK published over the past 30 days
Neutral
PRNewsWire
4 days ago
VERSABANK TO PRESENT AT SIDOTI VIRTUAL INVESTOR CONFERENCE ON JUNE 12, 2025, AT 2:30 PM ET
LONDON, ON, June 11, 2025 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced management will participate in the Sidoti Virtual Investor Conference to be held on June 11-12, 2025. David Taylor, President of VersaBank, will present on June 12, 2025, at 2:30 p.m.
Positive
Seeking Alpha
5 days ago
VersaBank Still Isn't Perfect, But I'm Not Selling
VersaBank's digital-first, branchless model and disciplined lending have driven strong asset and revenue growth, but the industry now demands deeper integration and innovation. Q2 2025 results were robust: record revenue, expanding U.S. operations, improved margins, and healthy capitalization, supporting my continued confidence in the bank's fundamentals. Risks include rising credit loss provisions, underperforming tech ventures, and margin pressure from a flat yield curve, yet VBNK market pessimism appears overdone.
Neutral
PRNewsWire
6 days ago
VERSABANK PRESIDENT DAVID TAYLOR TO PRESENT ON THE BANK'S REVOLUTIONARY DIGITAL DEPOSIT RECEIPTS AT FLORIDA BANKERS ASSOCIATION ANNUAL MEETING
LONDON, ON, June 9, 2025 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced David Taylor, President of VersaBank, will present on the Bank's revolutionary Digital Deposit Receipts (DDRs) at the Florida Bankers Association's Annual Meeting on Wednesday, June 11, 2025 at 11:00 a.m. In a session titled Introducing the Ultimate Stablecoin – The Only USD Digital Deposit Receipt.
Neutral
Seeking Alpha
1 week ago
VersaBank (VBNK) Q2 2025 Earnings Call Transcript
Start Time: 09:00 January 1, 0000 9:41 AM ET VersaBank (NASDAQ:VBNK ) Company Participants David Roy Taylor - President & Director John W. Asma - Chief Financial Officer Conference Call Participants Andrew Scutt - ROTH Capital Partners, LLC, Research Division Jeff Wagman - Unidentified Company Joseph Peter Yanchunis - Raymond James & Associates, Inc., Research Division Timothy Jeffrey Switzer - Keefe, Bruyette, & Woods, Inc., Research Division Operator Good morning, ladies and gentlemen.
Negative
Zacks Investment Research
1 week ago
VersaBank (VBNK) Misses Q2 Earnings and Revenue Estimates
VersaBank (VBNK) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.33 per share a year ago.
Neutral
PRNewsWire
1 week ago
VERSABANK DECLARES DIVIDENDS
LONDON, ON , June 4, 2025 /PRNewswire/ - VersaBank (the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced that cash dividends in the amount of CAD $0.025 per Common Share of the Bank have been declared for the quarter ending July 31, 2025, payable as of July 31, 2025, to shareholders of record at the close of business on July 4, 2025. The dividends to which this notice relates are eligible dividends for tax purposes.
Neutral
PRNewsWire
1 week ago
VERSABANK SECOND QUARTER RESULTS CONTINUE TO DEMONSTRATE STRENGTH OF BUSINESS MODEL AS US RPP PORTFOLIO EXPERIENCES STRONG GROWTH
All amounts are unaudited and in Canadian dollars and are based on financial statements prepared in compliance with International Accounting Standard 34 Interim Financial Reporting, unless otherwise noted. Our second quarter 2025 ("Q2 2025") unaudited Interim Consolidated Financial Statements for the period ended April 30, 2025 and Management's Discussion and Analysis ("MD&A"), are available online at www.versabank.com/investor-relations, SEDAR at www.sedarplus.ca and EDGAR at www.sec.gov/edgar.
Neutral
PRNewsWire
2 weeks ago
VERSABANK ANNOUNCES INTENTION TO REALIGN CORPORATE STRUCTURE TO STANDARD US BANK FRAMEWORK
- Proposed Structural Realignment Intended to Realize Additional Shareholder Value, Further Mitigate Risk and Reduce Corporate Costs - LONDON, ON, May 29, 2025 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced its intention, subject to shareholder, regulatory and other approvals, to realign its corporate structure with the standard framework of a US bank (the "Structural Realignment"), under which the holding company parent would be domiciled in the United States. The proposed Structural Realignment is intended to realize additional shareholder value, further mitigate risk and reducing corporate costs.
Neutral
PRNewsWire
3 weeks ago
VERSABANK TO HOST SECOND QUARTER FISCAL 2025 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST WEDNESDAY, JUNE 4, 2025 at 9:00 A.M. ET
Bank to Report Second Quarter Fiscal 2025 Results Wednesday, June 4, 2025 at 7:00 a.m. ET LONDON, ON , May 22, 2025 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK; NASDAQ: VBNK) will report its second quarter 2025 financial results and host a conference call to discuss those results on Wednesday, June 4, 2025.
Neutral
PRNewsWire
1 month ago
VERSABANK RECEIVES TSX APPROVAL FOR NORMAL COURSE ISSUER BID
LONDON, ON , April 28, 2025 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), today announced that it has received approval from the Toronto Stock Exchange ("TSX") to proceed with a Normal Course Issuer Bid ("NCIB") for its common shares. "In the fiscal 2025 year to date, VersaBank has delivered considerable year-over-year growth in profitability, which, having reached a critical scale in our loan portfolio, is translating into outsized improvements in our efficiency ratio and return on common equity," said David Taylor, President and Chief Executive Officer, VersaBank.
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