VBNK
VersaBankKey Statistics
About VersaBank
VersaBank (VBNK) is a pioneering digital bank headquartered in London, Ontario, recognized for its innovative technology-driven banking solutions. Specializing in both commercial and residential lending, the bank operates on a robust cloud-based infrastructure that not only drives operational efficiency but also ensures a high level of security for its clients. With a strong commitment to cybersecurity, VersaBank is well-positioned to leverage the ongoing digital transformation in the financial services sector, adapting to changing consumer preferences while expanding its diverse suite of financial offerings. As a leader in the Canadian digital banking arena, VersaBank is strategically equipped to navigate complex financial landscapes and capitalize on emerging opportunities.
Fundamentals
| Revenue (TTM) | $129.24M |
| Gross Profit (TTM) | $129.24M |
| EBITDA | — |
| Operating Margin | 42.60% |
| Return on Equity | 5.90% |
| Return on Assets | 0.57% |
| Revenue/Share (TTM) | $4.01 |
| Book Value | $12.30 |
| Price-to-Book | 1.46 |
| Price-to-Sales (TTM) | 4.45 |
| EV/Revenue | 6.7 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 23.70% |
| Quarterly Revenue Growth (YoY) | 33.60% |
| Shares Outstanding | $32.17M |
| Float | $19.99M |
| % Insiders | 31.50% |
| % Institutions | 35.68% |
Historical Volatility
Volatility is currently contracting