Review of VersaBank

NOV 26, 2024 - VBNK is one of a few digital banks in Canada, and its core business is purchasing loans and leases from point-of-sale lenders, providing immediate liquidity without directly interacting with the borrower. With its solid risk-mitigated model, sticky deposits, and innovative tech platform, we think VBNK is positioned for sustained profitability and potential valuation growth. We are initiating coverage at a B.

Download Report

{tplLang.businessdescription | toLang tLang}

{ profileData.description }

{tplLang.details | toLang tLang}

{tplLang.ceo | toLang tLang}

{profileData.profile.details.ceo}

{tplLang.employees | toLang tLang}

{profileData.profile.details.employees | numeraljs '0,0'}

{tplLang.issuetype | toLang tLang}

{profileData.profile.details.issuetype | asIssueType}

{tplLang.industryclassifications | toLang tLang}

{tplLang.sector | toLang tLang}

{profileData.profile.classification.sector}

{tplLang.industry | toLang tLang}

{profileData.profile.classification.industry}

{tplLang.toolname| toLang tLang}

There is no {tplLang.toolname| toLang tLang} currently available for {data.symbolstring}.

goeasy Ltd. (GSY $213.33)
- $213.33 P/E (TTM): 12.9X Cap: $3.44B
- View GSY Profile
- View Questions on GSY
- View Reports on GSY
EQB Inc. (EQB $92.06)
- $92.06 P/E (TTM): 10.43X Cap: $3.52B
- View EQB Profile
- View Questions on EQB
- View Reports on EQB
VersaBank (VBNK $16.44)
- $16.44 P/E (TTM): 15.45X Cap: $536M
- View VBNK Profile
- View Questions on VBNK
- View Reports on VBNK
Propel Holdings Inc. (PRL $32.44)
- $32.44 P/E (TTM): 15.68X Cap: $1.25B
- View PRL Profile
- View Questions on PRL
- View Reports on PRL

Q: hi folks, thoughts on Q results for Versabank, Vbnk/t & q....stock took big hit on last Q results but recent news/developments seem encouraging??....Chris mentioned stock/liked previously in a podcast....have held for awhile....things look better going forward, or time to cut loose & move on....thx as always, jb

Read Answer Asked by John on September 05, 2025

VersaBank (VBNK $16.44)
- $16.44 P/E (TTM): 15.45X Cap: $536M
- View VBNK Profile
- View Questions on VBNK
- View Reports on VBNK

Q: Hello 5i
Seems this company is having trouble regaining its money making status despite showing growth in assets.

Consolidated Net Income is way below prior year and barely dribbling higher quarter over quarter. Are they poor operators and more of this can be expected?

What are your thoughts on this investment and how much more time do you think is required until they can get it in gear?

Thanks

Read Answer Asked by David on June 05, 2025

VersaBank (VBNK $16.44)
- $16.44 P/E (TTM): 15.45X Cap: $536M
- View VBNK Profile
- View Questions on VBNK
- View Reports on VBNK

Q: Could you comment on recent news and new insider share purchases?

Read Answer Asked by Harry on April 17, 2025