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Bullboard - Stock Discussion Forum VersaBank T.VBNK

Alternate Symbol(s):  VBNK | T.VBNK.P.A

VersaBank is a Canada-based chartered bank. The Bank provides commercial lending and banking services in Canada and the United States, as well as cybersecurity services and banking and financial technology development services through the operations of its wholly owned subsidiary DRT Cyber Inc. (DRTC). It operates through two segments: Digital Banking and DRTC (cybersecurity services). Digital... see more

TSX:VBNK - Post Discussion

VersaBank > VersaBank Reports Continued Strong Financial Results
View:
Post by midard on May 27, 2020 7:07am

VersaBank Reports Continued Strong Financial Results

Comment by Jsboutin on May 27, 2020 7:43am
Honestly, I find it difficult to complain about anything. I first thought that they had kept PCLs low to prep up earnings, but they bumped then up materially. If it doesn't pop up like crazy on this, I don't know what will prop it up, but I'll keep buying. Growing earnings at
Comment by Rational43 on May 27, 2020 9:43am
This stock is incredibly undervalued, as the analyst community don't follow it.  A $10 stock on sale for under 6.  
Comment by Jsboutin on May 27, 2020 4:48pm
I couldn't resist today and increased my position by a third just before close. Squeezed in at 6.18 - a discount of over 4$ per share on book value. I'm not looking to sell anytime soon, but I'm still hoping the broader market begins to develop an interest.
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