VersaBank (TSE:VBNK) Hits New 12-Month High – What’s Next?

Posted by on Jun 8th, 2026

VersaBank (TSE:VBNK – Get Free Report)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as C$28.93 and last traded at C$27.14, with a volume of 1784 shares changing hands. The stock had previously closed at C$26.35.

VersaBank Stock Up 2.0%

The stock’s 50 day moving average price is C$23.56 and its two-hundred day moving average price is C$21.42. The firm has a market capitalization of C$885.71 million, a price-to-earnings ratio of 29.27 and a beta of 1.72.

VersaBank (TSE:VBNK – Get Free Report) last issued its earnings results on Wednesday, June 3rd. The company reported C$0.39 EPS for the quarter. VersaBank had a return on equity of 5.64% and a net margin of 9.34%.The firm had revenue of C$38.29 million for the quarter. On average, equities analysts expect that VersaBank will post 1.6945127 EPS for the current fiscal year.

VersaBank Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 30th were paid a $0.025 dividend. The ex-dividend date of this dividend was Friday, April 10th. This represents a $0.10 annualized dividend and a dividend yield of 0.4%. VersaBank’s payout ratio is presently 10.64%.

About VersaBank

(Get Free Report)

VersaBank, a Canadian Schedule I chartered bank, became the world’s first fully digital financial institution when it adopted its highly efficient business-to-business model using proprietary state-of-the art financial technology to profitably address underserved markets in pursuit of superior net interest margins while mitigating risk. It obtains all deposits and provides the majority of loans and leases electronically. Leveraging internally developed IT security software, VersaBank established Washington, DC based subsidiary, DRT Cyber Inc, to pursue large-market opportunities in cyber security and develop innovative solutions to address the rapidly growing volume of cyber threats challenging financial institutions, multi-national corporations and government entities on a daily basis.

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