VersaBank Financials

VBNK Stock  USD 17.59  0.47  2.75%   
Based on the analysis of VersaBank's profitability, liquidity, and operating efficiency, VersaBank may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, VersaBank's Other Assets are quite stable compared to the past year. Cash And Short Term Investments is expected to rise to about 172.6 M this year, although the value of Total Current Liabilities will most likely fall to about 10.6 M. 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 Income69.6 M66.3 M
Sufficiently Up
Slightly volatile
Current Ratio0.04070.0429
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for VersaBank includes many different criteria found on its balance sheet. An individual investor should monitor VersaBank's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in VersaBank.

Net Income

50.91 Million

  
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 Fifth Third, Zions Bancorporation, Huntington Bancshares, Comerica, and MT Bank. VersaBank, a schedule I chartered bank, provides various banking products and services in Canada. VersaBank was incorporated in 1979 and is headquartered in London, Canada. Versabank operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 145 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINCA92512J1066
CUSIP92512J106
LocationOntario; Canada
Business Address140 Fullarton Street,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.versabank.com
Phone519 645 1919
CurrencyUSD - US Dollar

VersaBank Key Financial Ratios

VersaBank Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.4B3.3B4.2B4.8B5.1B
Other Current Liab(96.1M)(120.6M)(13.5M)(23.9M)(21.5M)(22.6M)
Net Debt(240.9M)(171.1M)16.4M(21.6M)(24.9M)(26.1M)
Retained Earnings73.2M90.6M109.3M146.0M167.9M176.3M
Accounts Payable96.1M117.7M7.7M7.5M8.6M8.2M
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 Assets264.5M282.4M88.6M132.2M152.1M178.9M
Other Liab4.0M8.8M134.9M9.5M11.0M10.4M
Net Tangible Assets226.0M309.1M341.7M368.6M423.9M287.5M
Other Current Assets257.9M274.2M92.4M156.8M180.3M146.7M
Long Term Debt13.6M95.3M105.0M106.9M122.9M73.7M
Net Invested Capital239.6M413.7M454.0M470.4M540.9M378.4M
Inventory(257.9M)(274.2M)(110.8M)(156.8M)(180.3M)(189.3M)

VersaBank Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense32.0M29.3M50.2M129.3M148.7M156.1M
Total Revenue54.2M65.4M82.4M108.0M124.2M130.4M
Gross Profit54.2M65.4M82.4M108.6M124.9M131.2M
Operating Income26.8M30.8M82.7M57.6M66.3M69.6M
Ebit26.8M30.8M82.7M57.6M66.3M69.6M
Ebitda27.9M32.5M84.6M59.4M68.3M71.8M
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 Provision7.3M8.4M9.9M15.5M17.8M10.2M
Net Interest Income54.1M60.2M76.7M100.1M115.1M72.7M
Interest Income86.1M89.5M76.7M229.3M263.7M276.9M

VersaBank Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash118.5M13.9M(182.9M)43.7M39.3M41.3M
Free Cash Flow139.4M(108.3M)(33.2M)94.4M108.5M113.9M
Other Non Cash Items(54.1M)(60.2M)6.5M21.9M19.8M20.7M
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
Net Borrowings(24.9M)78.8M(642K)(700K)(805K)(764.8K)
Change To Netincome5.3M1.9M17.9M38.3M44.1M46.3M

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 first 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 quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value VersaBank by discounting back its dividends or cash flows. It compares the stock's price multiples to 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 Thematic Clasifications

VersaBank is part of Banking 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. USA Equities from Banking industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
BankingView
This theme covers USA Equities from Banking industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. 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 quite 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.
For more information on how to buy VersaBank Stock please use our How to buy in VersaBank Stock guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VersaBank. If investors know VersaBank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VersaBank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
0.1
Earnings Share
1.26
Revenue Per Share
4.385
Quarterly Revenue Growth
0.012
The market value of VersaBank is measured differently than its book value, which is the value of VersaBank that is recorded on the company's balance sheet. Investors also form their own opinion of VersaBank's value that differs from its market value or its book value, called intrinsic value, which is VersaBank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VersaBank's market value can be influenced by many factors that don't directly affect VersaBank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.