Risk factor
Significant default risk
Profitability factor
Overvalued vs peers
About
VersaBank, a schedule I chartered bank, provides various banking products and services in Canada. The company offers deposit products, such as guaranteed investment certificates, registered retirement savings plans, daily interest savings accounts, and tax-free savings accounts, as well as deposit insurance products. It also provides lending services, including point of sale financing that involves purchasing...
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overvalued on P/IBP.
Target Price
The average target price of VBNK.TO is 20 and suggests 11% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to de
Buy
Sell