VersaBank (VBNK) To Go Ex-Dividend on July 10th

VersaBank (TSE:VBNK) announced a quarterly dividend on Friday, July 10th, TickerTech Dividends reports. Investors of record on Friday, July 31st will be given a dividend of 0.025 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date is Friday, July 10th.

VersaBank Stock Performance

VersaBank stock opened at C$30.90 on Wednesday. The firm has a market cap of C$994.86 million, a price-to-earnings ratio of 32.87 and a beta of 1.59. VersaBank has a 1 year low of C$13.92 and a 1 year high of C$34.00. The firm’s 50 day moving average price is C$26.52 and its two-hundred day moving average price is C$23.14.

VersaBank (TSE:VBNK) last announced its quarterly earnings data on Wednesday, June 3rd. The company reported C$0.39 EPS for the quarter. The company had revenue of C$38.29 million during the quarter. VersaBank had a return on equity of 5.64% and a net margin of 9.34%. As a group, equities analysts predict that VersaBank will post 1.6945127 EPS for the current fiscal year.

VersaBank Company Profile

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.