VersaBank (VBNK) is a cutting-edge digital bank based in London, Ontario, recognized for its innovative technology-driven banking services. Focused on both commercial and residential lending, VersaBank utilizes a state-of-the-art cloud-based infrastructure that enhances operational efficiency and prioritizes security. With a strong commitment to cybersecurity, the bank is poised to harness the ongoing digital transformation within the financial sector, effectively adapting to evolving consumer demands while broadening its range of financial products. As a trailblazer in Canadian digital banking, VersaBank is strategically positioned to navigate intricate financial landscapes and seize emerging opportunities.
| 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 | 1.44 |
| Price-to-Sales (TTM) | 4.41 |
| EV/Revenue | 6.67 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 23.70% |
| Quarterly Revenue Growth (YoY) | 33.60% |
| Shares Outstanding | $32.17M |
| Float | $20.05M |
| % Insiders | 31.50% |
| % Institutions | 38.02% |
Volatility is currently contracting