VersaBank (TSE:VB – Get Free Report)’s share price dropped 0.4% during trading on Monday . The stock traded as low as C$13.65 and last traded at C$14.64. Approximately 39,435 shares changed hands during trading, an increase of 285% from the average daily volume of 10,241 shares. The stock had previously closed at C$14.70.
VersaBank Stock Performance
The company has a market capitalization of C$401.74 million and a P/E ratio of 15.31. The business’s 50-day moving average is C$14.64.
About VersaBank
VersaBank, a schedule I chartered bank, provides banking products and services in Canada. The company offers deposit products, such as guaranteed investment certificates, registered retirement savings plans, daily interest savings accounts, and tax-free savings accounts, as well as deposit insurance; and commercial lending services, including short-term construction financing, long-term financing, and loan refinance and lease buy out to real estate developers and condominium corporations in selective niche markets.
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