Versabank share price today

(VBNK)

Versabank share price is $13.58 & ₹1,153.97 as on 21 Dec 2024, 2.30 'hrs' IST

$13.58

▲

0.35

(2.65%)

Market is closed - opens 8 PM, 23 Dec 2024

View live Versabank share price in Dollar and Rupees. Guide to invest in Versabank from India. Also see the sentimental analysis on Indian investors investing in Versabank. Get details on the Indian mutual funds that are investing in Versabank. Get Analyst recommendations and forecasts along with all the Versabank's financials.

Versabank share price movements

Today's Low: $13.07
Today's High: $13.78
$13.58
3.76%
Downside
Day's Volatility :5.15%
Upside
1.45%
52 Weeks Low: $9.48
52 Weeks High: $18.38
$13.58
30.23%
Downside
52 Weeks Volatility :48.45%
Upside
26.12%

Versabank Returns

Period	Versabank	Index (Russel 2000)
3 Months	2.49%	0.0%
6 Months	24.59%	0.0%
1 Year	29.95%	0.0%
3 Years	15.87%	-19.7%

Versabank Key Statistics

in dollars & INR

Previous Close	$13.23
Open	$13.07
Today's High	$13.78
Today's Low	$13.07
Market Capitalization	$417.1M
Today's Volume	$159.7K
52 Week High	$18.38
52 Week Low	$9.475
Revenue TTM	$113.8M
Earnings Per Share (EPS)	$1.04
PE Ratio	12.72
Dividend Yield	0.4%
Profit Margin	41.04%
Quarterly Earnings Growth YOY	-0.04%
Return On Equity TTM	12.07%

How to invest in Versabank from India?

It is very easy for Indian residents to invest directly in Versabank from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Versabank stock in both Indian Rupees (INR) and US Dollars (USD). Search for Versabank or VBNK on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Versabank or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Versabank shares which would translate to 0.063 fractional shares of Versabank as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India , including recognised companies like Versabank, in just a few clicks!

Returns in Versabank for Indian investors in Rupees

Investment Value

₹1,00,000

Versabank investment value today

Current value as on today

₹1,32,148

Returns

₹32,148

(+32.15%)

Returns from Versabank Stock

₹29,952 (+29.95%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards Versabank

63%

Period: Sep 21, 2024 to Dec 20, 2024. Change in 30 Days versus previous period

Search volume for Versabank on INDmoney from India has grown in the last 30 days as on Dec 21, 2024. 63% more investors are searching Versabank in the last 30 days versus the previous period.

Global Institutional Holdings in Versabank

AllianceBernstein L.P.
6.02%
CIBC World Markets Inc.
5.47%
Mendon Capital Advisors Corp
2.06%
Curi RMB Capital
1.72%
Hillsdale Investment Management Inc.
0.78%
John W. Rosenthal Capital Management, Inc.
0.77%

Analyst Recommendation on Versabank

Buy

88%Buy

11%Hold

0%Sell

Based on 9 Wall street analysts offering stock ratings for Versabank(by analysts ranked 0 to 5 stars)

Based on 9 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Versabank

What analysts predicted

Upside of 47.28%

Current:

$13.58

Target:

$20.00

Insights on Versabank

Price Movement
In the last 7 days, VBNK stock has moved down by -11.8%
Increasing Revenue
Revenue is up for the last 2 quarters, 26.99M → 27.28M (in $), with an average increase of 1.1% per quarter
Decreasing Net Profit
Netprofit is down for the last 4 quarters, 12.69M → 5.51M (in $), with an average decrease of 22.7% per quarter
VBNK vs MFG (1 yr)
In the last 1 year, Mizuho Financial Group, Inc. has given 46.1% return, outperforming this stock by 15.8%
VBNK vs MFG (3 yr)
In the last 3 years, Mizuho Financial Group, Inc. has given 90.5% return, outperforming this stock by 72.7%
Price to Sales
ForVBNK every $1 of sales, investors are willing to pay $3.1, whereas for Mizuho Financial Group, Inc., the investors are paying $0.0 for every $1 of sales.

Versabank Financials in INR & Dollars

	FY19	Y/Y Change
Revenue	$40.9M	↑ 4.32%
Net Income	$15.3M	↑ 11.74%
Net Profit Margin	37.46%	↑ 2.49%

	FY20	Y/Y Change
Revenue	$41.0M	↑ 0.49%
Net Income	$14.7M	↓ 3.92%
Net Profit Margin	35.81%	↓ 1.65%

	FY21	Y/Y Change
Revenue	$52.5M	↑ 20.62%
Net Income	$18.0M	↑ 15.33%
Net Profit Margin	34.24%	↓ 1.57%

	FY22	Y/Y Change
Revenue	$60.1M	↑ 26.06%
Net Income	$16.5M	↑ 1.24%
Net Profit Margin	27.5%	↓ 6.74%

	FY23	Y/Y Change
Revenue	$79.3M	↑ 31.85%
Net Income	$30.8M	↑ 86.08%
Net Profit Margin	38.81%	↑ 11.31%

	FY24	Y/Y Change
Revenue	$111.6M	↑ 2.76%
Net Income	$39.7M	↓ 5.73%
Net Profit Margin	35.61%	↓ 3.2%

	Q3 FY23	Q/Q Change
Revenue	$20.3M	↑ 0.65%
Net Income	$7.6M	↓ 2.53%
Net Profit Margin	37.24%	↓ 1.22%

	Q4 FY23	Q/Q Change
Revenue	$21.3M	↑ 8.62%
Net Income	$9.1M	↑ 24.75%
Net Profit Margin	42.78%	↑ 5.54%

	Q1 FY24	Q/Q Change
Revenue	$53.4M	↑ 145.35%
Net Income	$9.5M	↑ 1.76%
Net Profit Margin	17.74%	↓ 25.04%

	Q2 FY24	Q/Q Change
Revenue	$53.7M	↑ 2.69%
Net Income	$8.6M	↓ 6.86%
Net Profit Margin	16.09%	↓ 1.65%

	Q3 FY24	Q/Q Change
Revenue	$19.7M	↓ 63.27%
Net Income	$7.1M	↓ 17.95%
Net Profit Margin	35.95%	↑ 19.86%

	Q4 FY24	Q/Q Change
Revenue	$27.3M	↑ 1.07%
Net Income	$5.5M	↓ 43.16%
Net Profit Margin	20.22%	↓ 15.73%

	FY19	Y/Y Change
Profit	$40.9M	↑ 4.32%

	FY20	Y/Y Change
Profit	$41.0M	↑ 0.49%

	FY21	Y/Y Change
Profit	$52.5M	↑ 20.62%

	FY22	Y/Y Change
Profit	$60.1M	↑ 26.06%

	FY23	Y/Y Change
Profit	$79.7M	↑ 32.59%

	FY24	Y/Y Change
Profit	$111.6M	↑ 2.19%

	Q3 FY23	Q/Q Change
Profit	$20.3M	↑ 0.65%

	Q4 FY23	Q/Q Change
Profit	$21.3M	↑ 8.62%

	Q1 FY24	Q/Q Change
Profit	$53.4M	↑ 145.35%

	Q2 FY24	Q/Q Change
Profit	$53.7M	↑ 2.69%

	Q3 FY24	Q/Q Change
Profit	$53.7M	↑ 0.27%

	Q4 FY24	Q/Q Change
Profit	$27.3M	↓ 62.98%

	FY19	Y/Y Change
Operating Cash Flow	$15.0M	↓ 232.72%
Investing Cash Flow	$-183.5K	↓ 97.75%
Financing Cash Flow	$-7.7M	↑ 127.66%

	FY20	Y/Y Change
Operating Cash Flow	$105.8M	↑ 605.74%
Investing Cash Flow	$7.4M	↓ 4130.99%
Financing Cash Flow	$-23.4M	↑ 203.23%

	FY21	Y/Y Change
Operating Cash Flow	$-87.1M	↓ 177.59%
Investing Cash Flow	$-6.8M	↓ 186.52%
Financing Cash Flow	$105.6M	↓ 525.93%

	FY22	Y/Y Change
Operating Cash Flow	$-23.8M	↓ 69.85%
Investing Cash Flow	$-103.3M	↑ 1577.87%
Financing Cash Flow	$-4.6M	↓ 104.8%

	FY23	Y/Y Change
Operating Cash Flow	$69.1M	↓ 390.06%
Investing Cash Flow	$-20.5M	↓ 80.13%
Financing Cash Flow	$-12.6M	↑ 174.75%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$-100.3M	↓ 554.38%
Investing Cash Flow	$-9.1K	↑ 0.0%
Financing Cash Flow	$-1.4M	↓ 66.01%

	Q4 FY23	Q/Q Change
Operating Cash Flow	$52.4M	↓ 154.24%
Investing Cash Flow	$-20.3M	↑ 231483.33%
Financing Cash Flow	$-576.3K	↓ 56.23%

Versabank Technicals Summary

Sell

Neutral

Buy

Versabank is currently in a neutral trading position according to technical analysis indicators.

Versabank Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Versabank	-20.26%	24.59%	29.95%	15.87%	29.33%
Icici Bank Ltd.	1.61%	7.68%	27.2%	56.43%	101.06%
Pnc Financial Services Group, Inc.	-6.31%	24.44%	26.42%	-2.21%	20.83%
U.s. Bancorp	-6.75%	18.18%	10.14%	-14.54%	-19.57%
Truist Financial Corp	-7.46%	15.64%	17.85%	-24.45%	-22.92%
Mizuho Financial Group, Inc.	-3.98%	22.03%	42.6%	86.82%	55.99%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Versabank	12.72	12.72	NA	1.23	0.12	0.01	0.0	15.23
Icici Bank Ltd.	19.28	19.28	0.0	1.36	0.19	0.02	0.01	397.44
Pnc Financial Services Group, Inc.	16.05	16.05	1.89	13.41	0.1	0.01	0.03	124.56
U.s. Bancorp	14.59	14.59	1.16	3.91	0.1	0.01	0.04	33.35
Truist Financial Corp	8.99	NA	1.94	3.69	-0.1	-0.01	0.05	44.46
Mizuho Financial Group, Inc.	11.33	11.33	1.05	1.14	0.07	0.0	0.03	4037.29

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Versabank	Buy	$417.1M	29.33%	12.72	41.04%
Icici Bank Ltd.	Buy	$106.7B	101.06%	19.28	28.91%
Pnc Financial Services Group, Inc.	Buy	$75.4B	20.83%	16.05	25.11%
U.s. Bancorp	Hold	$74.0B	-19.57%	14.59	22.02%
Truist Financial Corp	Buy	$56.5B	-22.92%	8.99	-10.68%
Mizuho Financial Group, Inc.	Buy	$63.0B	55.99%	11.33	21.91%

About Versabank

versabank (tsx:vb), a technology based and digital canadian schedule i chartered bank, operates using an “electronic branchless model”. it sources deposits, consumer loans, commercial loans and leases electronically. the bank also makes residential development and commercial mortgages it sources through a well-established network of brokers and direct contact with its lending staff. headquartered in london, ontario, the bank was granted its schedule i license under the bank act (canada) on august 1, 2002, prior to which the bank had operated as a provincially licensed trust company since 1979.

Organization	Versabank
Employees	119
CEO	Mr. David Roy Taylor B.Sc., BSc (Hons), FICB, M.B.A., MBA, PPL
Industry	Miscellaneous

Management People of Versabank

Name	Title
Mr. David Roy Taylor B.Sc., BSc (Hons), FICB, M.B.A., MBA, PPL	President, CEO & Director
Mr. John W. Asma B.A. (Hons.), M.B.A.	Chief Financial Officer
Mr. Nikola Kristo B.Com., B.Comm, M.B.A., MBA	Chief Credit Officer
Mr. R. Shawn Clarke M.B.A., M.Eng., P.Eng.	Chief Operating Officer of VersaBank USA
Mr. Michael Richard Dixon B.Com., B.Comm., M.B.A.	Senior Vice President of Point-of-Sale Financing
Mr. Wooi Koay B.Com., B.Sc.	Chief Information Officer
Mr. Brent Tyler Hodge CIPP, J.D.	Senior VP, General Counsel, Corporate Secretary & Chief Compliance Officer
Mr. Jonathan Francis Patrick Taylor B.B.A., C.H.R.L., CHRL	Chief Human Resources Officer
Ms. Joanne M. Johnston B.Com., C.A., CPA, CIA	Chief Internal Auditor
Ms. Tammie Ashton B.A., L.L.B.	Chief Risk Officer

Important FAQs about investing in Versabank from India :

What is Versabank share price today?

Versabank share price today stands at $13.58, Open: $13.07 ; Previous Close: $13.23 ; High: $13.78 ; Low: $13.07 ; 52 Week High: $18.38 ; 52 Week Low: $9.48. The stock opens at $13.07, after a previous close of $13.23. The stock reached a daily high of $13.78 and a low of $13.07, with a 52-week high of $18.38 and a 52-week low of $9.48.

Can Indians buy Versabank shares?

Yes, Indians can invest in the Versabank (VBNK) from India.

With INDmoney, you can buy Versabank at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Versabank at zero transaction cost.

How can I buy Versabank shares from India?

It is very easy to buy Versabank from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Versabank be purchased?

Yes, you can buy fractional shares of Versabank with INDmoney app.

What are the documents required to start investing in Versabank stocks?

To start investing in Versabank, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.