VBNK Stock Summary and Trading Ideas (Versabank - Common Shares | NASDAQ:VBNK)

VersaBank is a Canadian Schedule I chartered bank with a difference. It has 3 operating segments: Digital Banking Canada, Digital Banking USA and DRTC. It's, cloud-based, business-to-business deposit and lending model provides valued-added solutions to Canadian financial intermediary partners, enabling them to focus on growing their own businesses faster and more profitably. It obtains all of its deposits and provides the majority of its loans and leases electronically, with deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses. In addition, leveraging its internally developed IT security software and capabilities, Company established a wholly owned, subsidiary. Geographically located in Canada and USA.

Versabank - Common Shares trades on the NASDAQ stock market under the symbol VBNK.

As of March 10, 2025, VBNK stock price declined to $9.94 with 239,247 million shares trading.

VBNK has a beta of 1.46, meaning it tends to be more sensitive to market movements. VBNK has a correlation of 0.22 to the broad based SPY ETF.

VBNK has a market cap of $323.17 million. This is considered a Small Cap stock.

Last quarter Versabank - Common Shares reported $20 million in Revenue and $.20 earnings per share. This fell short of revenue expectation by $-2 million and missed earnings estimates by -$.09.

In the last 3 years, VBNK traded as high as $18.38 and as low as $6.37.

The top ETF exchange traded funds that VBNK belongs to (by Net Assets): QABA, DFIS, DFIC, DFAX.

VBNK has underperformed the market in the last year with a price return of -7.2% while the SPY ETF gained +10.3%. VBNK has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -44.7% and -21.7%, respectively, while the SPY returned -7.4% and -6.6%, respectively.

VBNK support price is $10.22 and resistance is $10.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VBNK shares will trade within this expected range on the day.