C
VersaBank
VBNK.TO
TSX
C
Hold
12/10/2024Downgrade
VersaBank (VBNK.TO) was downgraded to C+ from B- on 12/10/2024 due to a major decline in the growth index, valuation index and volatility index. Operating cash flow declined 111.58% from -$30.14M to -$63.78M, and earnings per share declined from $0.2629 to $0.1465.
VersaBank (VBNK.TO) was downgraded to C+ from B- on 12/10/2024 due to a major decline in the growth index, valuation index and volatility index. Operating cash flow declined 111.58% from -$30.14M to -$63.78M, and earnings per share declined from $0.2629 to $0.1465.
B
Buy
8/28/2024Upgraded
VersaBank (VBNK.TO) was upgraded to B- from C on 8/28/2024 due to an increase in the total return index and volatility index.
VersaBank (VBNK.TO) was upgraded to B- from C on 8/28/2024 due to an increase in the total return index and volatility index.
C
Hold
8/5/2024Downgrade
VersaBank (VBNK.TO) was downgraded to C from B- on 8/5/2024 due to a decline in the volatility index.
VersaBank (VBNK.TO) was downgraded to C from B- on 8/5/2024 due to a decline in the volatility index.
B
Buy
8/2/2024Upgraded
VersaBank (VBNK.TO) was upgraded to B- from C on 8/2/2024 due to an increase in the total return index, growth index and volatility index.
VersaBank (VBNK.TO) was upgraded to B- from C on 8/2/2024 due to an increase in the total return index, growth index and volatility index.
C
Hold
7/24/2024Downgrade
VersaBank (VBNK.TO) was downgraded to C from C+ on 7/24/2024 due to a decline in the valuation index.
VersaBank (VBNK.TO) was downgraded to C from C+ on 7/24/2024 due to a decline in the valuation index.
C
Hold
6/14/2024Upgraded
VersaBank (VBNK.TO) was upgraded to C+ from C on 6/14/2024 due to an increase in the growth index, efficiency index and total return index. Operating cash flow increased 98.12% from -$88.84M to -$1.67M.
VersaBank (VBNK.TO) was upgraded to C+ from C on 6/14/2024 due to an increase in the growth index, efficiency index and total return index. Operating cash flow increased 98.12% from -$88.84M to -$1.67M.
C
Hold
5/31/2024Downgrade
VersaBank (VBNK.TO) was downgraded to C from C+ on 5/31/2024 due to a decline in the total return index, growth index and efficiency index.
VersaBank (VBNK.TO) was downgraded to C from C+ on 5/31/2024 due to a decline in the total return index, growth index and efficiency index.
C
Hold
4/17/2024Downgrade
VersaBank (VBNK.TO) was downgraded to C+ from B- on 4/17/2024 due to a decline in the total return index.
VersaBank (VBNK.TO) was downgraded to C+ from B- on 4/17/2024 due to a decline in the total return index.
B
Buy
4/1/2024Upgraded
VersaBank (VBNK.TO) was upgraded to B- from C+ on 4/1/2024 due to an increase in the total return index and volatility index.
VersaBank (VBNK.TO) was upgraded to B- from C+ on 4/1/2024 due to an increase in the total return index and volatility index.
C
Hold
3/15/2024Downgrade
VersaBank (VBNK.TO) was downgraded to C+ from B- on 3/15/2024 due to a large decline in the total return index and growth index. Operating cash flow declined 2.74% from -$86.47M to -$88.84M, and total revenue declined 0.71% from $21.62M to $21.46M.
VersaBank (VBNK.TO) was downgraded to C+ from B- on 3/15/2024 due to a large decline in the total return index and growth index. Operating cash flow declined 2.74% from -$86.47M to -$88.84M, and total revenue declined 0.71% from $21.62M to $21.46M.
B
Buy
2/29/2024Upgraded
VersaBank (VBNK.TO) was upgraded to B- from C on 2/29/2024 due to a noticeable increase in the total return index, valuation index and efficiency index. Net income increased 22.55% from $7.5M to $9.19M.
VersaBank (VBNK.TO) was upgraded to B- from C on 2/29/2024 due to a noticeable increase in the total return index, valuation index and efficiency index. Net income increased 22.55% from $7.5M to $9.19M.
C
Hold
3/15/2022Downgrade
VersaBank (VBNK.TO) was downgraded to C from B- on 3/15/2022 due to a decline in the total return index.
VersaBank (VBNK.TO) was downgraded to C from B- on 3/15/2022 due to a decline in the total return index.
B
Buy
3/7/2022Upgraded
VersaBank (VBNK.TO) was upgraded to B- from C+ on 3/7/2022 due to an increase in the growth index and volatility index. Total revenue increased 36.18% from $10.59M to $14.42M, and operating cash flow increased 17.79% from -$105.18M to -$86.47M.
VersaBank (VBNK.TO) was upgraded to B- from C+ on 3/7/2022 due to an increase in the growth index and volatility index. Total revenue increased 36.18% from $10.59M to $14.42M, and operating cash flow increased 17.79% from -$105.18M to -$86.47M.
C
Hold
3/2/2022Downgrade
VersaBank (VBNK.TO) was downgraded to C+ from B- on 3/2/2022 due to a noticeable decline in the total return index.
VersaBank (VBNK.TO) was downgraded to C+ from B- on 3/2/2022 due to a noticeable decline in the total return index.
B
Buy
2/3/2022Downgrade
VersaBank (VBNK.TO) was downgraded to B- from B on 2/3/2022 due to a significant decline in the total return index.
VersaBank (VBNK.TO) was downgraded to B- from B on 2/3/2022 due to a significant decline in the total return index.
B
Buy
1/19/2022Upgraded
VersaBank (VB.TO) was upgraded to B from B- on 1/19/2022 due to a substantial increase in the growth index, valuation index and total return index.
VersaBank (VB.TO) was upgraded to B from B- on 1/19/2022 due to a substantial increase in the growth index, valuation index and total return index.
B
Buy
11/26/2021Upgraded
VersaBank (VB.TO) was upgraded to B- from C+ on 11/26/2021 due to a noticeable increase in the total return index.
VersaBank (VB.TO) was upgraded to B- from C+ on 11/26/2021 due to a noticeable increase in the total return index.
C
Hold
11/12/2021Upgraded
VersaBank (VB.TO) was upgraded to C+ from C on 11/12/2021 due to a significant increase in the total return index and dividend index.
VersaBank (VB.TO) was upgraded to C+ from C on 11/12/2021 due to a significant increase in the total return index and dividend index.
C
Hold
10/21/2021Downgrade
VersaBank (VB.TO) was downgraded to C from C+ on 10/21/2021 due to a decline in the valuation index and volatility index.
VersaBank (VB.TO) was downgraded to C from C+ on 10/21/2021 due to a decline in the valuation index and volatility index.
C
Hold
10/6/2021Upgraded
VersaBank (VB.TO) was upgraded to C+ from C on 10/6/2021 due to an increase in the total return index.
VersaBank (VB.TO) was upgraded to C+ from C on 10/6/2021 due to an increase in the total return index.
C
Hold
8/5/2021Downgrade
VersaBank (VBNK.TO) was downgraded to C from B- on 08/05/2021.
VersaBank (VBNK.TO) was downgraded to C from B- on 08/05/2021.
B
Buy
8/2/2021Downgrade
VersaBank (VB.TO) was downgraded to B- from B on 8/2/2021 due to a substantial decline in the total return index, volatility index and growth index.
VersaBank (VB.TO) was downgraded to B- from B on 8/2/2021 due to a substantial decline in the total return index, volatility index and growth index.
B
Buy
7/16/2021Upgraded
VersaBank (VB.TO) was upgraded to B from B- on 7/16/2021 due to an increase in the total return index.
VersaBank (VB.TO) was upgraded to B from B- on 7/16/2021 due to an increase in the total return index.
B
Buy
6/9/2021Downgrade
VersaBank (VB.TO) was downgraded to B- from B on 6/9/2021 due to a decline in the total return index and growth index.
VersaBank (VB.TO) was downgraded to B- from B on 6/9/2021 due to a decline in the total return index and growth index.
B
Buy
3/10/2021Upgraded
VersaBank (VB.TO) was upgraded to B from B- on 3/10/2021 due to an increase in the volatility index and total return index.
VersaBank (VB.TO) was upgraded to B from B- on 3/10/2021 due to an increase in the volatility index and total return index.
B
Buy
2/25/2021Upgraded
VersaBank (VB.TO) was upgraded to B- from C+ on 2/25/2021 due to a substantial increase in the growth index, total return index and volatility index. Earnings per share increased from $0.1438 to $0.1709, and total revenue increased 18.05% from $10.11M to $11.94M.
VersaBank (VB.TO) was upgraded to B- from C+ on 2/25/2021 due to a substantial increase in the growth index, total return index and volatility index. Earnings per share increased from $0.1438 to $0.1709, and total revenue increased 18.05% from $10.11M to $11.94M.
C
Hold
1/19/2021Upgraded
VersaBank (VB.TO) was upgraded to C+ from C on 1/19/2021 due to a major increase in the growth index, total return index and efficiency index. Earnings per share increased from $0.1391 to $0.1438, total revenue increased 3.34% from $9.79M to $10.11M, and net income increased 3.34% from $3.34M to $3.45M.
VersaBank (VB.TO) was upgraded to C+ from C on 1/19/2021 due to a major increase in the growth index, total return index and efficiency index. Earnings per share increased from $0.1391 to $0.1438, total revenue increased 3.34% from $9.79M to $10.11M, and net income increased 3.34% from $3.34M to $3.45M.
C
Hold
4/24/2020Downgrade
VersaBank (VB.TO) was downgraded to C from C+ on 4/24/2020 due to a decline in the volatility index, total return index and valuation index.
VersaBank (VB.TO) was downgraded to C from C+ on 4/24/2020 due to a decline in the volatility index, total return index and valuation index.
C
Hold
3/25/2020Downgrade
VersaBank (VB.TO) was downgraded to C+ from B- on 3/25/2020 due to a decline in the total return index and volatility index.
VersaBank (VB.TO) was downgraded to C+ from B- on 3/25/2020 due to a decline in the total return index and volatility index.
B
Buy
3/16/2020Downgrade
VersaBank (VB.TO) was downgraded to B- from B on 3/16/2020 due to a significant decline in the growth index, total return index and efficiency index. Operating cash flow declined 325.08% from $23.73M to -$53.41M, earnings per share declined from $0.1738 to $0.1654, and net income declined 4.36% from $4.08M to $3.91M.
VersaBank (VB.TO) was downgraded to B- from B on 3/16/2020 due to a significant decline in the growth index, total return index and efficiency index. Operating cash flow declined 325.08% from $23.73M to -$53.41M, earnings per share declined from $0.1738 to $0.1654, and net income declined 4.36% from $4.08M to $3.91M.
B
Buy
1/21/2020Upgraded
VersaBank (VB.TO) was upgraded to B from B- on 1/21/2020 due to an increase in the volatility index and total return index.
VersaBank (VB.TO) was upgraded to B from B- on 1/21/2020 due to an increase in the volatility index and total return index.
B
Buy
12/17/2019Upgraded
VersaBank (VB.TO) was upgraded to B- from C+ on 12/17/2019 due to an increase in the total return index, volatility index and valuation index.
VersaBank (VB.TO) was upgraded to B- from C+ on 12/17/2019 due to an increase in the total return index, volatility index and valuation index.
C
Hold
12/6/2019Upgraded
VersaBank (VB.TO) was upgraded to C+ from C on 12/6/2019 due to a noticeable increase in the growth index and efficiency index. Operating cash flow increased 102.41% from $11.72M to $23.73M, earnings per share increased from $0.1573 to $0.1738, and net income increased 9.3% from $3.74M to $4.08M.
VersaBank (VB.TO) was upgraded to C+ from C on 12/6/2019 due to a noticeable increase in the growth index and efficiency index. Operating cash flow increased 102.41% from $11.72M to $23.73M, earnings per share increased from $0.1573 to $0.1738, and net income increased 9.3% from $3.74M to $4.08M.
C
Hold
10/4/2019Downgrade
VersaBank (VB.TO) was downgraded to C from B- on 10/4/2019 due to a decline in the valuation index and total return index.
VersaBank (VB.TO) was downgraded to C from B- on 10/4/2019 due to a decline in the valuation index and total return index.
B
Buy
9/18/2019Upgraded
VersaBank (VB.TO) was upgraded to B- from C+ on 9/18/2019 due to an increase in the volatility index and valuation index.
VersaBank (VB.TO) was upgraded to B- from C+ on 9/18/2019 due to an increase in the volatility index and valuation index.
C
Hold
9/6/2019Upgraded
VersaBank (VB.TO) was upgraded to C+ from C on 9/6/2019 due to a large increase in the growth index, valuation index and efficiency index. Operating cash flow increased 180.38% from -$14.58M to $11.72M, total capital increased 4.71% from $166.1M to $173.93M, and total revenue increased 4.39% from $9.88M to $10.31M.
VersaBank (VB.TO) was upgraded to C+ from C on 9/6/2019 due to a large increase in the growth index, valuation index and efficiency index. Operating cash flow increased 180.38% from -$14.58M to $11.72M, total capital increased 4.71% from $166.1M to $173.93M, and total revenue increased 4.39% from $9.88M to $10.31M.
C
Hold
3/4/2019Upgraded
VersaBank (VB.TO) was upgraded to C from C- on 3/4/2019 due to an increase in the volatility index, valuation index and growth index.
VersaBank (VB.TO) was upgraded to C from C- on 3/4/2019 due to an increase in the volatility index, valuation index and growth index.
C
Hold
12/3/2018Upgraded
VersaBank (VB.TO) was upgraded to C- from D+ on 12/3/2018 due to an increase in the volatility index, total return index and efficiency index. Net income increased 10.48% from $3.59M to $3.96M, and total capital increased 1.9% from $157.82M to $160.82M.
VersaBank (VB.TO) was upgraded to C- from D+ on 12/3/2018 due to an increase in the volatility index, total return index and efficiency index. Net income increased 10.48% from $3.59M to $3.96M, and total capital increased 1.9% from $157.82M to $160.82M.
D
Sell
9/4/2018Upgraded
VersaBank (VB.TO) was upgraded to D+ from D on 9/4/2018 due to a large increase in the growth index, total return index and solvency index. Debt to equity declined from 0.23 to 0.2, earnings per share increased from $0.1376 to $0.1534, and total revenue increased 0.41% from $9.82M to $9.86M.
VersaBank (VB.TO) was upgraded to D+ from D on 9/4/2018 due to a large increase in the growth index, total return index and solvency index. Debt to equity declined from 0.23 to 0.2, earnings per share increased from $0.1376 to $0.1534, and total revenue increased 0.41% from $9.82M to $9.86M.
D
Sell
3/1/2018Upgraded
VersaBank (VB.TO) was upgraded to D from D- on 3/1/2018 due to a substantial increase in the growth index, volatility index and total return index. Operating cash flow increased 72.14% from $12.01M to $20.67M, earnings per share increased from $0.0757 to $0.086, and total revenue increased 12.34% from $8.12M to $9.12M.
VersaBank (VB.TO) was upgraded to D from D- on 3/1/2018 due to a substantial increase in the growth index, volatility index and total return index. Operating cash flow increased 72.14% from $12.01M to $20.67M, earnings per share increased from $0.0757 to $0.086, and total revenue increased 12.34% from $8.12M to $9.12M.
D
Sell
11/1/2017Upgraded
VersaBank (VB.TO) was upgraded to D- from E+ on 11/1/2017 due to a noticeable increase in the volatility index, total return index and efficiency index.
VersaBank (VB.TO) was upgraded to D- from E+ on 11/1/2017 due to a noticeable increase in the volatility index, total return index and efficiency index.
E
Sell
9/1/2017Upgraded
VersaBank (VB.TO) was upgraded to E+ from E on 9/1/2017 due to an increase in the solvency index, volatility index and total return index. Debt to equity declined from 0.28 to 0.2.
VersaBank (VB.TO) was upgraded to E+ from E on 9/1/2017 due to an increase in the solvency index, volatility index and total return index. Debt to equity declined from 0.28 to 0.2.
E
Sell
8/1/2017Upgraded
VersaBank (VB.TO) was upgraded to E from E- on 8/1/2017 due to an increase in the efficiency index.
VersaBank (VB.TO) was upgraded to E from E- on 8/1/2017 due to an increase in the efficiency index.
E
Sell
5/17/2017Downgrade
VersaBank (VB.TO) was downgraded to E- from E on 5/17/2017 due to a decline in the volatility index.
VersaBank (VB.TO) was downgraded to E- from E on 5/17/2017 due to a decline in the volatility index.
E
Sell
4/28/2017None
VersaBank (VBNK.TO) was downgraded to E from U on 04/28/2017.
VersaBank (VBNK.TO) was downgraded to E from U on 04/28/2017.
