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Versabank T.VBNK

Alternate Symbol(s):  VBNK

Financial Services
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). The Digital Banking segment obtains its deposits and provides its loans and leases electronically via deposit and lending solutions for financial intermediaries. Its loan portfolio includes point-of-sale loans and leases, commercial real estate mortgages, commercial real estate loans and public sector and other financing. The DRTC segment develops solutions to address the volume of cyber threats challenging financial institutions, multi-national corporations and government entities. It also offers receivable purchase program (RPP) funding solution for point-of-sale finance companies.


TSX:VBNK - Post by User

Versabank
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Comment by PoorOpinionon Feb 22, 2018 12:33pm
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Post# 27602725

RE:30 day & 90 day average trading Volume now 34,224 & 62,032

RE:30 day & 90 day average trading Volume now 34,224 & 62,032Interesting to see what versavault is costing, they've announced two senior staffs (wages) already.

SamRothstein wrote: My prediction is that stock will be at $8.35 or higher by Feb.28 when earnings come out, and that stock will move up 4% that day on positive earnings (it went up 4% on last positive earnings report).   4% added to $8.35 would bring stock to $8.68.  Every quarter has been better than last so no reason to think this one won't be, especially with the extra income VB is netting from increased interested rates. 


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Dealroom for high-potential pre-IPO opportunities