Closing Bell: Versabank up on Friday (VBNK)

In trading today, Versabank shares closed at $16.01 after opening the day at $15.69. prices ranged from $15.50 to $16.09.

The price boosted 3.29% from the previous day's close of $15.50.

Today across North America, the TSX Composite closed 0.91% at 22814.81, the S&P 500 closed -0.51% at 5399.22, the Dow Jones Industrial Average closed 0.20% at 39935.07 and the Nasdaq Composite closed -0.93% at 17181.72.

Versabank traded under VBNK on the Toronto Stock Exchange (TSX).

Trading volume was 3,738 on 36 total trades, with an average volume of 8,437 over the last 5 days.

The TSX overall saw 3,857 price advancers against 1,325 declines and 128 unchanged.

During the prior 52 weeks, VBNK.TO has traded as high as $16.91 (July 18,2024) and low as $9.96 (October 26,2023). Moreover, in the last 12 months, Versabank's shares have soared 38.98%, while in 2024, they have advanced 10.11%.

It announced a 0.03 dividend on June 05/24, with an July 05/24 ex-date and July 31/24 pay day.

Following today's trading, Versabank has a market capitalization of $402.45 million on a float of 25,964 shares outstanding. Its annual EPS is $1.78.

Versabank is a TSX Banks company headquartered in London, CAN.

Versabank's average recommendation is "Moderate Buy" based on 1.00 analysts according to Zacks. Currently, there are 1 buy ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..