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Upturn AI SWOT - About
VersaBank (VBNK)
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Upturn Advisory Summary
10/15/2025: VBNK (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
4 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $11.5
1 Year Target Price $11.5
| 1 | Strong Buy |
| 2 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 108.94% | Avg. Invested days 55 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/15/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 392.04M USD | Price to earnings Ratio 18.06 | 1Y Target Price 11.5 |
Price to earnings Ratio 18.06 | 1Y Target Price 11.5 | ||
Volume (30-day avg) 4 | Beta 1.12 | 52 Weeks Range 8.48 - 18.27 | Updated Date 10/17/2025 |
52 Weeks Range 8.48 - 18.27 | Updated Date 10/17/2025 | ||
Dividends yield (FY) 0.80% | Basic EPS (TTM) 0.67 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 25.26% | Operating Margin (TTM) 28.79% |
Management Effectiveness
Return on Assets (TTM) 0.58% | Return on Equity (TTM) 6.14% |
Valuation
Trailing PE 18.06 | Forward PE 7.79 | Enterprise Value 34353492 | Price to Sales(TTM) 3.44 |
Enterprise Value 34353492 | Price to Sales(TTM) 3.44 | ||
Enterprise Value to Revenue 5.63 | Enterprise Value to EBITDA - | Shares Outstanding 32167644 | Shares Floating 27608845 |
Shares Outstanding 32167644 | Shares Floating 27608845 | ||
Percent Insiders 31.34 | Percent Institutions 35.29 |
Upturn AI SWOT
VersaBank
Company Overview
History and Background
VersaBank, formerly Pacific & Western Bank of Canada, rebranded to VersaBank in 2016. Founded in 1980, it shifted its focus to a branchless, digital banking model, specializing in technology-driven financial solutions. It was the first branchless digital bank in Canada.
Core Business Areas
- Digital Banking: Provides deposit and lending services through online channels to businesses and consumers.
- Cybersecurity Services: Offers cybersecurity solutions through its subsidiary, DRT Cyber Inc., focusing on data security and threat protection.
- Point-of-Sale Financing: Provides financing solutions for merchants, enabling them to offer financing options to their customers.
Leadership and Structure
The leadership team includes key executives overseeing various departments. The organizational structure is designed to support its branchless banking model, emphasizing technology and digital innovation.
Top Products and Market Share
Key Offerings
- Deposit Accounts: VersaBank offers a range of deposit accounts including high-interest savings accounts and term deposits. Market share data is not readily available. Competitors include EQ Bank, Alterna Bank, and Motive Financial.
- Commercial Lending: VersaBank provides commercial lending products such as mortgages and business loans. Market share data is not readily available. Competitors include other Canadian banks, such as TD, RBC and CIBC.
- Cybersecurity Services: Cybersecurity solutions are provided by DRT Cyber Inc.. Market share data is not readily available. Competitors include Crowdstrike, Palo Alto Networks, and Fortinet.
Market Dynamics
Industry Overview
The financial services industry is undergoing digital transformation, with increasing adoption of online banking and fintech solutions. The cybersecurity market is growing due to the increasing prevalence of cyber threats.
Positioning
VersaBank is positioned as a technology-driven bank focusing on niche markets and underserved segments. Its branchless model offers cost advantages and scalability. The bank is positioned to capitalize on the growing digital banking market.
Total Addressable Market (TAM)
The total addressable market for digital banking and cybersecurity is substantial and growing rapidly. VersaBank's niche focus allows it to target specific segments within these larger markets. Estimates for the digital banking TAM reach trillions of USD globally, and the cybersecurity TAM is projected to reach hundreds of billions of USD. VersaBank's positioning allows them to claim a share of these markets.
Upturn SWOT Analysis
Strengths
- Branchless banking model
- Strong technology infrastructure
- Niche market focus
- Cybersecurity expertise
- Scalability
Weaknesses
- Smaller scale compared to major banks
- Limited brand recognition
- Reliance on technology
- Concentration risk in certain lending portfolios
Opportunities
- Expansion of digital banking services
- Growth in cybersecurity market
- Strategic partnerships with fintech companies
- Increased demand for online lending
- Acquisitions
Threats
- Competition from larger banks and fintech companies
- Regulatory changes
- Cybersecurity breaches
- Economic downturn
- Changes in consumer preferences
Competitors and Market Share
Key Competitors
- EQBK.TO
- CM.TO
- TD.TO
- RY.TO
Competitive Landscape
VersaBank faces competition from larger established banks and emerging fintech companies. Its strength lies in its niche focus and technology-driven approach, but it needs to address its limited brand recognition to compete effectively.
Major Acquisitions
DRT Cyber Inc.
- Year: 2017
- Acquisition Price (USD millions): 13.5
- Strategic Rationale: To expand into the cybersecurity market and offer complementary services to its banking customers.
Growth Trajectory and Initiatives
Historical Growth: Growth trends need to be analyzed based on historical financial data. Placeholder for completeness.
Future Projections: Future projections require analyst estimates and company guidance. Placeholder for completeness.
Recent Initiatives: Recent initiatives would involve strategic partnerships, product launches, and expansion plans.
Summary
VersaBank is a niche player in the digital banking and cybersecurity sectors. Its branchless model and technological focus provide a competitive advantage, but its small scale and limited brand recognition pose challenges. The company needs to capitalize on growth opportunities in digital banking and cybersecurity while managing competitive pressures and regulatory risks. Overall, it's a stable small company with a clear focus.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- Financial Reports
- Industry Analysis Reports
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market data and analyst estimates are subject to change. Please verify any information given.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About VersaBank
Exchange NASDAQ | Headquaters London, ON, Canada | ||
IPO Launch date 2021-08-27 | Interim CEO & Vice Chair Ms. Susan Teresa McGovern B.Sc. | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 121 | Website https://www.versabank.com |
Full time employees 121 | Website https://www.versabank.com | ||
VersaBank provides various banking products and services in Canada and the United States. The company operates through three segments: Digital Banking Canada, Digital Banking USA, and DRTC (cybersecurity services and banking and financial technology development). It offers deposit products, such as 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 real estate mortgages and loans, public sector, leases, and other financing. In addition, it offers cybersecurity services. The company was formerly known as Pacific & Western Bank of Canada and changed its name to VersaBank in May 2016. VersaBank was incorporated in 1979 and is headquartered in London, Canada.
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