VersaBank Financials

VBNK Stock   24.40  0.70  2.95%   
Financial data analysis helps to confirm if markets are presently mispricing VersaBank. We were able to break down and interpolate data for thirty available drivers for VersaBank, which can be compared to its competition. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of VersaBank to be traded at 29.28 in 90 days. Key indicators impacting VersaBank's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.210.16
Significantly Up
Pretty Stable
Return On Assets0.00560.009
Way Down
Slightly volatile
Return On Equity0.05180.1
Way Down
Slightly volatile
Debt Equity Ratio0.390.33
Fairly Up
Slightly volatile
Operating Income49 M66.3 M
Way Down
Slightly volatile
Current Ratio0.04070.0429
Notably Down
Slightly volatile
  
Understanding current and past VersaBank Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of VersaBank's financial statements are interrelated, with each one affecting the others. For example, an increase in VersaBank's assets may result in an increase in income on the income statement.

VersaBank Stock Summary

VersaBank competes with Sylogist, Sangoma Technologies, Firan Technology, Hammond Power, and Propel Holdings. VersaBank is entity of Canada. It is traded as Stock on TO exchange.
Foreign Associate
  USA
Specialization
Financial Services, Banks - Regional
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA92512J1066
Business Address140 Fullarton Street,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.versabank.com
Phone519 645 1919
You should never invest in VersaBank without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of VersaBank Stock, because this is throwing your money away. Analyzing the key information contained in VersaBank's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

VersaBank Key Financial Ratios

VersaBank's financial ratios allow both analysts and investors to convert raw data from VersaBank's financial statements into concise, actionable information that can be used to evaluate the performance of VersaBank over time and compare it to other companies across industries.

VersaBank Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.4B3.3B4.2B4.8B5.1B
Other Current Liab(100.3M)(117.7M)(7.7M)(9.7M)(8.7M)(9.1M)
Net Debt(240.9M)(171.1M)16.4M(21.6M)(24.9M)(26.1M)
Retained Earnings73.2M90.6M109.3M146.0M167.9M176.3M
Accounts Payable100.3M117.7M7.7M9.7M11.1M10.6M
Cash257.6M271.5M88.6M132.2M152.1M172.6M
Other Assets1.7B2.1B3.0B3.9B4.4B4.7B
Net Receivables6.8M10.8M18.5M24.5M28.2M29.6M
Total Liab1.7B2.1B2.9B3.8B4.4B4.6B
Total Current Assets264.5M282.4M88.6M156.8M180.3M181.0M
Long Term Debt109.7M206.0M231.1M106.9M122.9M165.0M
Long Term Debt Total135.2M112.8M211.1M235.5M270.9M173.8M
Earning Assets16.1M27.1M8.6M953K857.7K814.8K
Other Liab6.1M4.0M8.8M8.8M10.1M7.3M
Net Tangible Assets210.8M226.0M322.7M341.7M393.0M285.0M
Inventory(257.9M)(274.2M)(110.8M)(156.8M)(141.1M)(148.2M)
Other Current Assets257.9M274.2M92.4M156.8M180.3M192.7M
Net Invested Capital239.6M413.7M454.0M470.4M540.9M401.9M

VersaBank Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense32.0M29.3M50.2M129.3M148.7M156.1M
Total Revenue54.2M65.4M82.4M108.6M124.9M131.2M
Gross Profit54.2M65.4M82.4M108.6M124.9M131.2M
Operating Income26.8M30.8M82.7M57.6M66.3M49.0M
Ebit26.8M30.8M82.7M57.6M66.3M49.0M
Ebitda27.9M32.5M84.6M59.4M68.3M49.9M
Income Before Tax26.8M30.8M32.5M57.6M66.3M69.6M
Net Income19.4M22.4M22.7M42.2M48.5M50.9M
Income Tax Expense7.3M8.4M9.9M15.5M17.8M18.7M
Tax Provision7.3M8.4M9.9M15.5M17.8M18.7M
Net Interest Income54.1M60.2M76.7M100.1M115.1M69.2M
Interest Income86.1M89.5M126.8M229.3M263.7M136.4M

VersaBank Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash118.5M13.9M(182.9M)49.3M44.3M46.6M
Free Cash Flow139.4M(108.3M)(33.2M)94.4M108.5M113.9M
Other Non Cash Items(54.1M)(60.2M)6.5M(100.1M)(90.0M)(85.5M)
Capital Expenditures245K14K581K362K416.3K416.8K
Net Income19.4M22.4M22.7M42.2M48.5M50.9M
End Period Cash Flow257.6M271.5M88.6M132.2M152.1M172.6M
Depreciation1.1M1.7M1.9M1.8M2.1M1.0M
Dividends Paid4.3M3.8M3.7M3.6M4.1M3.5M
Change To Netincome4.9M5.3M1.9M17.9M20.6M21.6M

VersaBank Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining VersaBank's current stock value. Our valuation model uses many indicators to compare VersaBank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VersaBank competition to find correlations between indicators driving VersaBank's intrinsic value. More Info.
VersaBank is rated second in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about  0.09  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for VersaBank is roughly  10.97 . At this time, VersaBank's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value VersaBank by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for VersaBank's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

VersaBank Systematic Risk

VersaBank's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VersaBank volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on VersaBank correlated with the market. If Beta is less than 0 VersaBank generally moves in the opposite direction as compared to the market. If VersaBank Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VersaBank is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VersaBank is generally in the same direction as the market. If Beta > 1 VersaBank moves generally in the same direction as, but more than the movement of the benchmark.

VersaBank Total Assets Over Time

VersaBank Thematic Clasifications

VersaBank is part of Banks investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. All money banks and credit services. Large and small money and credit banks and credit services
BanksView
This theme covers All money banks and credit services. Large and small money and credit banks and credit services. Get More Thematic Ideas
Today, most investors in VersaBank Stock are looking for potential investment opportunities by analyzing not only static indicators but also various VersaBank's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of VersaBank growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.079

At this time, VersaBank's Price Earnings To Growth Ratio is very stable compared to the past year.

VersaBank November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of VersaBank help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VersaBank. We use our internally-developed statistical techniques to arrive at the intrinsic value of VersaBank based on widely used predictive technical indicators. In general, we focus on analyzing VersaBank Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build VersaBank's daily price indicators and compare them against related drivers.
When determining whether VersaBank is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if VersaBank Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Versabank Stock. Highlighted below are key reports to facilitate an investment decision about Versabank Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VersaBank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in VersaBank Stock, please use our How to Invest in VersaBank guide.
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Please note, there is a significant difference between VersaBank's value and its price as these two are different measures arrived at by different means. Investors typically determine if VersaBank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VersaBank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.