Closing Bell: Versabank down on Friday (VBNK)

In market activity today, shares of Versabank opened at $16.04 and closed at $15.63. Intraday prices ranged from $15.20 to $16.04.

Shares decreased -3.16% from the previous day's close of $16.14.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

Versabank has listed on the Toronto Stock Exchange (TSX) under the ticker VBNK.

Trading volume was 9,742 on 65 total trades, while having an average volume of 11,677 in the last five days.

Trading across the entire TSX saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, VBNK.TO has traded as high as $16.92 (July 30,2024) and low as $9.96 (October 26,2023). Moreover, the shares have soared 38.07 percent in the last 12 months, while they have advanced 7.50% since the start of 2024.

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 $419.06 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.

Currently, Versabank's consensus rating is "Moderate Buy" based on 1 analysts according to Zacks. From those 1 analysts, 1 have buy ratings.

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..