VersaBank (VBNK) Stock Forecast, Price Target & Predictions
VBNK Stock Forecast
VersaBank stock forecast is as follows: an average price target of $13.50 (represents a -18.33% downside from VBNK’s last price of $16.53) and a rating consensus of 'Strong Buy', based on 2 wall street analysts offering a 1-year stock forecast.
VBNK Price Target
The average price target for VersaBank (VBNK) is $13.50 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $18.00 to $9.00. This represents a potential -18.33% downside from VBNK's last price of $16.53.
VBNK Analyst Ratings
According to 2 Wall Street analysts, VersaBank's rating consensus is 'Strong Buy'. The analyst rating breakdown for VBNK stock is 1 'Strong Buy' (50.00%), 1 'Buy' (50.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
VersaBank Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 27, 2024 | Craig Irwin | Roth Capital | $18.00 | $13.31 | 35.19% | 8.89% |
| Dec 19, 2022 | - | Raymond James | $9.00 | $7.47 | 20.48% | -45.55% |
| May 13, 2022 | - | Raymond James | $13.00 | $8.12 | 60.10% | -21.36% |
The latest VersaBank stock forecast, released on Sep 27, 2024 by Craig Irwin from Roth Capital, set a price target of $18.00, which represents a 35.19% increase from the stock price at the time of the forecast ($13.31), and a 8.89% increase from VBNK last price ($16.53).
VersaBank Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $18.00 | $18.00 |
| Last Closing Price | $16.53 | $16.53 | $16.53 |
| Upside/Downside | -100.00% | 8.89% | 8.89% |
In the current month, the average price target of VersaBank stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to VersaBank's last price of $16.53. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 29, 2022 | Keefe, Bruyette & Woods | - | Outperform | Initialise |
| May 13, 2022 | Raymond James | Strong Buy | Strong Buy | Hold |
VersaBank's last stock rating was published by Keefe, Bruyette & Woods on Nov 29, 2022. The company Initialise its VBNK rating from "null" to "Outperform".
VersaBank Financial Forecast
VersaBank Revenue Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $25.92M | $24.25M | $21.24M | - | $18.27M | $18.24M | $15.73M | $13.73M | $12.39M | - | $13.58M | $13.63M | $14.08M | - | $13.46M |
| Avg Forecast | $52.31M | $48.91M | $44.61M | $43.11M | $41.12M | $36.47M | $32.56M | $30.73M | $29.35M | $29.85M | $29.20M | $29.84M | $28.87M | $28.69M | $27.46M | $25.07M | $22.61M | $20.64M | $19.12M | $19.09M | $16.40M | $16.52M | $14.74M | $14.60M | $14.40M | $14.19M | $13.80M | $13.77M | $13.39M | $13.31M |
| High Forecast | $54.06M | $50.54M | $46.10M | $44.55M | $42.50M | $37.68M | $33.64M | $30.95M | $29.70M | $30.85M | $30.17M | $30.84M | $29.84M | $29.64M | $28.37M | $25.91M | $23.49M | $21.44M | $19.87M | $19.84M | $17.04M | $17.16M | $15.31M | $15.16M | $14.96M | $14.74M | $14.34M | $14.30M | $13.91M | $13.83M |
| Low Forecast | $50.56M | $47.27M | $43.11M | $41.66M | $39.74M | $35.24M | $31.46M | $30.50M | $29.00M | $28.85M | $28.22M | $28.84M | $27.90M | $27.73M | $26.53M | $24.23M | $21.54M | $19.66M | $18.22M | $18.19M | $15.62M | $15.73M | $14.04M | $13.90M | $13.72M | $13.52M | $13.14M | $13.11M | $12.75M | $12.68M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.07% | 1.03% | - | 0.96% | 1.11% | 0.95% | 0.93% | 0.85% | - | 0.96% | 0.99% | 1.02% | - | 1.01% |
VersaBank's average Quarter revenue forecast for May 23 based on 1 analysts is $27.46M, with a low forecast of $26.53M, and a high forecast of $28.37M. VBNK's average Quarter revenue forecast represents a 5.94% increase compared to the company's last Quarter revenue of $25.92M (Jan 23).
VersaBank EBITDA Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $38.95M | $30.38M | $22.43M | - | $15.95M | $16.37M | $15.74M | $14.20M | $14.18M | - | $15.98M | $16.22M | $15.99M | - | $15.49M |
| Avg Forecast | $32.32M | $30.22M | $27.56M | $26.63M | $25.41M | $22.53M | $20.11M | $18.98M | $18.13M | $18.44M | $18.04M | $18.44M | $17.84M | $17.72M | $16.96M | $15.49M | $13.97M | $12.75M | $11.81M | $11.80M | $13.04M | $10.20M | $9.11M | $9.02M | $8.90M | $8.77M | $8.53M | $8.50M | $8.27M | $8.22M |
| High Forecast | $33.39M | $31.22M | $28.48M | $27.52M | $26.25M | $23.28M | $20.78M | $19.12M | $18.35M | $19.06M | $18.64M | $19.05M | $18.43M | $18.31M | $17.53M | $16.00M | $14.51M | $13.24M | $12.27M | $12.25M | $15.65M | $10.60M | $9.46M | $9.37M | $9.24M | $9.11M | $8.86M | $8.83M | $8.59M | $8.54M |
| Low Forecast | $31.23M | $29.20M | $26.63M | $25.74M | $24.55M | $21.77M | $19.44M | $18.84M | $17.91M | $17.82M | $17.43M | $17.82M | $17.24M | $17.13M | $16.39M | $14.97M | $13.31M | $12.14M | $11.25M | $11.23M | $10.43M | $9.72M | $8.67M | $8.59M | $8.48M | $8.35M | $8.12M | $8.10M | $7.88M | $7.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.51% | 2.17% | 1.76% | - | 1.35% | 1.26% | 1.54% | 1.56% | 1.57% | - | 1.82% | 1.90% | 1.88% | - | 1.88% |
1 analysts predict VBNK's average Quarter EBITDA for May 23 to be $16.96M, with a high of $17.53M and a low of $16.39M. This is -56.45% lower than VersaBank's previous annual EBITDA (Jan 23) of $38.95M.
VersaBank Net Income Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.42M | $6.43M | $5.72M | - | $5.57M | $5.91M | $5.44M | $4.75M | $4.37M | - | $5.14M | $5.41M | $4.96M | - | $4.93M |
| Avg Forecast | $26.29M | $24.13M | $21.25M | $20.17M | $19.47M | $16.48M | $13.70M | $12.39M | $10.97M | $11.98M | $11.85M | $11.86M | $10.72M | $10.48M | $9.13M | $7.04M | $6.08M | $5.72M | $8.16M | $5.97M | $4.50M | $6.63M | $6.72M | $6.49M | $6.28M | $6.23M | $5.97M | $5.74M | $5.45M | $5.46M |
| High Forecast | $27.43M | $25.17M | $22.17M | $21.04M | $20.31M | $17.20M | $14.30M | $12.76M | $11.37M | $12.09M | $11.89M | $11.87M | $11.18M | $10.94M | $9.53M | $7.34M | $6.39M | $6.01M | $9.80M | $6.27M | $5.40M | $6.96M | $7.06M | $6.82M | $6.59M | $6.54M | $6.27M | $6.03M | $5.72M | $5.73M |
| Low Forecast | $25.14M | $23.07M | $20.32M | $19.29M | $18.62M | $15.76M | $13.11M | $12.03M | $10.16M | $11.88M | $11.80M | $11.84M | $10.25M | $10.02M | $8.74M | $6.73M | $5.71M | $5.37M | $6.53M | $5.60M | $3.60M | $6.22M | $6.31M | $6.09M | $5.89M | $5.84M | $5.60M | $5.39M | $5.11M | $5.12M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.34% | 1.06% | 1.00% | - | 0.93% | 1.31% | 0.82% | 0.71% | 0.67% | - | 0.83% | 0.91% | 0.86% | - | 0.90% |
VersaBank's average Quarter net income forecast for May 23 is $9.13M, with a range of $8.74M to $9.53M. VBNK's average Quarter net income forecast represents a -3.00% decrease compared to the company's last Quarter net income of $9.42M (Jan 23).
VersaBank SG&A Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $11.38M | $12.79M | $12.29M | - | $9.71M | $9.38M | $7.27M | $7.13M | $5.81M | - | $6.11M | $5.61M | $6.25M | - | $6.31M |
| Avg Forecast | $24.82M | $23.20M | $21.16M | $20.45M | $19.51M | $17.30M | $15.44M | $14.58M | $13.92M | $14.16M | $13.85M | $14.16M | $13.70M | $13.61M | $13.02M | $11.89M | $10.73M | $9.79M | $14.24M | $9.06M | $6.02M | $7.84M | $6.99M | $6.92M | $6.83M | $6.73M | $6.55M | $6.53M | $6.35M | $6.32M |
| High Forecast | $25.64M | $23.98M | $21.87M | $21.13M | $20.16M | $17.88M | $15.96M | $14.68M | $14.09M | $14.63M | $14.31M | $14.63M | $14.15M | $14.06M | $13.46M | $12.29M | $11.14M | $10.17M | $17.09M | $9.41M | $7.22M | $8.14M | $7.26M | $7.19M | $7.10M | $6.99M | $6.80M | $6.78M | $6.60M | $6.56M |
| Low Forecast | $23.98M | $22.42M | $20.45M | $19.76M | $18.85M | $16.72M | $14.93M | $14.47M | $13.76M | $13.69M | $13.39M | $13.68M | $13.24M | $13.15M | $12.59M | $11.49M | $10.22M | $9.32M | $11.39M | $8.63M | $4.82M | $7.46M | $6.66M | $6.59M | $6.51M | $6.41M | $6.24M | $6.22M | $6.05M | $6.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.19% | 1.26% | - | 1.07% | 1.56% | 0.93% | 1.02% | 0.84% | - | 0.91% | 0.86% | 0.96% | - | 1.00% |
VersaBank's average Quarter SG&A projection for May 23 is $13.02M, based on 1 Wall Street analysts, with a range of $12.59M to $13.46M. The forecast indicates a 14.42% rise compared to VBNK last annual SG&A of $11.38M (Jan 23).
VersaBank EPS Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.34 | $0.23 | $0.20 | - | $0.20 | $0.22 | $0.25 | $0.22 | $0.18 | - | $0.22 | $0.26 | $0.21 | - | $0.21 |
| Avg Forecast | $1.01 | $0.93 | $0.82 | $0.78 | $0.75 | $0.63 | $0.53 | $0.48 | $0.42 | $0.46 | $0.46 | $0.46 | $0.41 | $0.40 | $0.35 | $0.27 | $0.23 | $0.22 | $0.21 | $0.23 | $0.25 | $0.26 | $0.26 | $0.25 | $0.24 | $0.24 | $0.23 | $0.22 | $0.21 | $0.21 |
| High Forecast | $1.06 | $0.97 | $0.85 | $0.81 | $0.78 | $0.66 | $0.55 | $0.49 | $0.44 | $0.47 | $0.46 | $0.46 | $0.43 | $0.42 | $0.37 | $0.28 | $0.25 | $0.23 | $0.23 | $0.24 | $0.26 | $0.27 | $0.27 | $0.26 | $0.25 | $0.25 | $0.24 | $0.23 | $0.22 | $0.22 |
| Low Forecast | $0.97 | $0.89 | $0.78 | $0.74 | $0.72 | $0.61 | $0.50 | $0.46 | $0.39 | $0.46 | $0.45 | $0.46 | $0.39 | $0.39 | $0.34 | $0.26 | $0.22 | $0.21 | $0.20 | $0.22 | $0.23 | $0.24 | $0.24 | $0.23 | $0.23 | $0.23 | $0.22 | $0.21 | $0.20 | $0.20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.25% | 0.98% | 0.91% | - | 0.87% | 0.88% | 0.98% | 0.85% | 0.72% | - | 0.92% | 1.13% | 0.95% | - | 1.00% |
According to 1 Wall Street analysts, VersaBank's projected average Quarter EPS for May 23 is $0.35, with a low estimate of $0.34 and a high estimate of $0.37. This represents a 3.48% increase compared to VBNK previous annual EPS of $0.34 (Jan 23).
VersaBank Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SMBC | Southern Missouri Bancorp | $66.13 | $69.00 | 4.34% | Buy |
| VBNK | VersaBank | $16.53 | $13.50 | -18.33% | Strong Buy |