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B

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.

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5i Recent Questions
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
Q: Hello Team,
Can you please rank the above companies from 1-13 based on which ones you would purchase today, looking for a 2-3 year hold. Thanks.
Read Answer Asked by Kevin on March 19, 2025
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