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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Post by Vini123on Jan 13, 2020 8:16am

379 Views

Post# 30545473

WoW !!

What a stock !
1) profit margin : 22,87 %
2) revenue growth: 8% per year
3) essentialy no debt : ratio of debt / equity of 0,02
4) the stock is actually very cheap:
- price to sales : 1,82
- price to book : 0,76
- price to cash flow : 8,10
5) the stock gives a dividend !

Wow !

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