Raymond James initiated coverage of VersaBank with a rating of Strong Buy and set a new price target of $15.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/27/2024 | $18.00 | Buy | ROTH MKM |
| 8/28/2024 | Outperform | Keefe Bruyette | |
| 12/19/2022 | $9.00 | Outperform | Raymond James |
| 11/29/2022 | Outperform | Keefe Bruyette | |
| 10/26/2021 | $15.00 | Strong Buy | Raymond James |
LONDON, ON, Sept. 25, 2024 /PRNewswire/ - VersaBank (TSX:VBNK) ("VersaBank" or the "Bank") today announced its intention to redeem all outstanding Non-cumulative 5-Year Rate Reset Preferred Shares, Series 1 (Non-Viability Contingent Capital (NVCC)) ("Series 1 Preferred Shares") of the Bank on October 31, 2024 at a price equal to $10.00 per share together with all declared and unpaid dividends to the Redemption Date. The redemption has been approved by the Office of the Superintendent of Financial Institutions and will be financed out of the general funds of the Bank. This rede
All amounts are unaudited and in Canadian dollars and are based on financial statements prepared in compliance with International Accounting Standard 34 Interim Financial Reporting, unless otherwise noted. Our third quarter 2024 ("Q3 2024") unaudited Interim Consolidated Financial Statements for the period ended July 31, 2024 and Management's Discussion and Analysis ("MD&A"), are available online at www.versabank.com/investor-relations, SEDAR at www.sedarplus.ca and EDGAR at www.sec.gov/edgar. Supplementary Financial Information will also be available on our website at www.versabank.com/investor-relations. LONDON, ON, Sept. 5, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX:VB
LONDON, ON, Sept. 5, 2024 /PRNewswire/ - VersaBank (the "Bank") (TSX:VBNK) (NASDAQ:VBNK) today announced that cash dividends in the amount of CAD $0.025 per Common Share of the Bank and CAD $0.1693 per Series 1 Preferred Share of the Bank, have been declared for the quarter ending October 31, 2024, payable as of October 31, 2024, to shareholders of record at the close of business on October 4, 2024. The dividends to which this notice relates are eligible dividends for tax purposes. About VersaBank VersaBank is a North American bank (federally chartered in Canada and the U.S.)
ROTH MKM initiated coverage of VersaBank with a rating of Buy and set a new price target of $18.00
Keefe Bruyette initiated coverage of VersaBank with a rating of Outperform
Raymond James resumed coverage of VersaBank with a rating of Outperform and set a new price target of $9.00
VersaBank (NASDAQ:VBNK) reported quarterly earnings of $0.36 per share which beat the analyst consensus estimate of $0.35 by 2.86 percent. This is a 44 percent increase over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $21.35 million which missed the analyst consensus estimate of $22.43 million by 4.81 percent. This is a 11.49 percent increase over sales of $19.15 million the same period last year.
VersaBank (NASDAQ:VBNK) reported quarterly earnings of $0.35 per share which met the analyst consensus estimate. This is a 40 percent increase over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $21.20 million which missed the analyst consensus estimate of $22.43 million by 5.49 percent. This is a 10.69 percent increase over sales of $19.15 million the same period last year.
F-X - VersaBank (0001690639) (Subject)
F-10 - VersaBank (0001690639) (Filer)
6-K - VersaBank (0001690639) (Filer)
SC 13G - VersaBank (0001690639) (Subject)
SC 13G/A - VersaBank (0001690639) (Subject)
SC 13G/A - VersaBank (0001690639) (Subject)
LONDON, ON, Nov. 7, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX:VBNK) (NASDAQ:VBNK) today announced management will participate in the KBW Fintech Conference to be held November 13-14, 2024 in New York City. As part of the conference, David Taylor, President and CEO will participate in a panel discussing The Future of Fintech-Bank Partnerships on Wednesday, November 13, 2024 at 1:25 p.m. ET. This event will be available only to those attending in person. VersaBank management will be participating in one-on-one meetings throughout the conference. Those interested in meeting with VersaBank should contact their KBW representative.
LONDON, ON, Oct. 24, 2024 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX:VBNK) (NASDAQ:VBNK) today announced management will participate in the ThinkEquity Conference to be held October 30, 2024 in New York City. David Taylor, President and CEO, will present at 4:30 p.m. ET. A live webcast of the presentation will be made available on the Bank's website at https://www.versabank.com/investor-relations/events-presentations/. About VersaBank VersaBank is a North American bank (federally chartered in Canada and the US) with a difference. VersaBank has a branchless, di
– Bank Named CIO Awards Canada Winner by IDC and CIO – LONDON, ON, Sept. 26, 2024 /PRNewswire/ - VersaBank has been named a CIO Awards Canada winner by IDC Canada and CIO. VersaBank CIO, Wooi Koay received the award at a CIO Awards Canada gala dinner hosted at The National Club in Toronto on September 25, 2024. CIO Awards Canada recognized VersaBank for its Capital Adequacy Requirement (CAR) project. Canada's banking regulator requires banks to set aside capital amounts for different loan types – known as capital adequacy requirements (CAR) – and the regulator changes these r
LONDON, ON, July 15, 2024 /PRNewswire/ - VersaBank (TSX:VBNK) (NASDAQ:VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced the appointments of four senior executives to its newly created U.S. subsidiary, VersaBank USA: Tel Matrundola, President;Shawn Clarke, Chief Operating Officer;Tim Bloom, Chief Risk Officer; andKevin Sullivan, Bank Secrecy Act (BSA) Officer. Messrs. Matrundola and Clarke will move from VersaBank Canada to their new roles at VersaBank USA. The appointments are subject to a
LONDON, ON, June 17, 2024 /PRNewswire/ - VersaBank (TSX:VBNK) (NASDAQ:VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced it has appointed Glenn Campbell as Advisor to its Board of Directors. Mr. Campbell will be available to advise VersaBank's Board on a number of matters to ensure the Bank is well positioned for its proposed entry into the United States. "Mr. Campbell has a significant depth and breadth of experience, including on cross-border matters, from which the Board of Directors wil
LONDON, ON, April 18, 2024 /PRNewswire/ - VersaBank (TSX:VBNK) (NASDAQ:VBNK) ("VersaBank" or the "Bank") reports the results of its 2024 Annual and Special Meeting of Shareholders (the "Meeting") held in London, Ontario on April 17, 2024. Each of the director nominees listed in VersaBank's Management Information Circular dated February 22, 2024, were elected as directors of the Bank. The detailed results of the vote are as follows, with percentages rounded to two decimal places: Director Number of Votes Cast Percentage of Votes Cast Robbert-Jan Brabander In Favour:Withheld: 6