Roth Capital Has Pessimistic View of VersaBank Q3 Earnings

VersaBank (NASDAQ:VBNK - Free Report) - Investment analysts at Roth Capital decreased their Q3 2025 earnings estimates for shares of VersaBank in a report issued on Wednesday, March 5th. Roth Capital analyst C. Irwin now forecasts that the company will earn $0.33 per share for the quarter, down from their prior estimate of $0.45. The consensus estimate for VersaBank's current full-year earnings is $1.46 per share.

A number of other brokerages have also recently commented on VBNK. Roth Mkm cut VersaBank from a "buy" rating to a "neutral" rating and decreased their price objective for the stock from $22.00 to $10.40 in a research note on Thursday, March 6th. Raymond James restated an "outperform" rating on shares of VersaBank in a research report on Thursday, March 6th.

VersaBank Price Performance

Shares of VersaBank stock traded up $0.11 on Friday, hitting $10.05. 160,705 shares of the company's stock traded hands, compared to its average volume of 58,589. The firm's 50-day moving average price is $13.20 and its two-hundred day moving average price is $14.19. The stock has a market capitalization of $326.82 million, a PE ratio of 9.14 and a beta of 0.93. VersaBank has a one year low of $9.48 and a one year high of $18.38.

VersaBank (NASDAQ:VBNK - Get Free Report) last announced its quarterly earnings data on Monday, December 9th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.01. VersaBank had a net margin of 13.52% and a return on equity of 11.20%.

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VersaBank Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 4th will be issued a dividend of $0.025 per share. The ex-dividend date of this dividend is Friday, April 4th. This is a positive change from VersaBank's previous quarterly dividend of $0.02. This represents a $0.10 annualized dividend and a yield of 1.00%. VersaBank's payout ratio is currently 6.38%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VBNK. TCW Group Inc. bought a new stake in shares of VersaBank in the fourth quarter valued at about $4,155,000. Barclays PLC bought a new stake in VersaBank in the 3rd quarter valued at approximately $32,000. Pembroke Management LTD lifted its stake in VersaBank by 554.2% in the 4th quarter. Pembroke Management LTD now owns 332,764 shares of the company's stock valued at $4,609,000 after acquiring an additional 281,900 shares in the last quarter. Round Rock Advisors LLC acquired a new position in VersaBank during the 4th quarter worth approximately $273,000. Finally, K2 Principal Fund L.P. bought a new position in shares of VersaBank during the 3rd quarter worth approximately $211,000. Institutional investors and hedge funds own 56.86% of the company's stock.

VersaBank Company Profile

VersaBank provides various banking products and services in Canada and the United States. It offers deposit products, such as web-based chequing accounts, guaranteed investment certificates, registered retirement savings plans, and tax-free savings accounts, as well as deposit insurance products. The company also provides lending services, including point of sale financing that covers purchasing loan and lease receivables from finance companies operating in various industries; commercial banking services comprising commercial real estate, public sector/infrastructure financing, and condominium financing; and residential mortgages.