Disclosure, Disclaimer, and Wavier of Liability

The use of this report is subject to, and condition upon, the Disclosure, Disclaimer, and waiver of Liability which can be viewed here. It is suggested that you review and understand the terms of such Disclosure, Disclaimer, and Waiver of Liability terms prior to using, reading, and/or accessing any other information as contained in this report. Your use of this report shall be deemed to be your acceptance of the terms of such Disclosure, Disclaimer, and Waiver of Liability terms referred to at the end of this report, with full understanding thereof.

Agree & Download Cancel

TSE: VBNK; NASDAQ: VBNK

VersaBank – Q1 2023 Results

by Rob
March 10, 2023March 10, 2023

This technology enabled bank is growing its loan book at +46%y/y and is poised to generate +20% EPS CAGR over the next three years. The risk profile is similar to larger Canadian banks, while growth is largely coming from market expansion. This is a bank stock that is priced for a recession but will grow through one.

Download Report