VersaBank (VB.TO)

$14.64

-0.06 (-%)
Rating:
Recommendation:
-
Symbol VB.TO
Price $14.64
Beta 1.061
Volume Avg. 0.01M
Market Cap 401.738M
Shares () -
52 Week Range 10.97-17.64
1y Target Est -
DCF Unlevered VB.TO DCF ->
DCF Levered VB.TO LDCF ->
ROE 10.90% Buy
ROA -
Operating Margin -
Debt / Equity -
P/E -
P/B -
Annual
Quarter

Earnings

Consensus EPS

Upgrades & Downgrades


Mr. David Taylor
Financial Services
Banks—Regional
Toronto

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.