VersaBank (TSE:VB) Shares Down 0.4% – Here’s What Happened

VersaBank (TSE:VBGet Free Report)’s share price fell 0.4% during mid-day trading on Monday . The company traded as low as C$13.65 and last traded at C$14.64. 39,435 shares changed hands during mid-day trading, an increase of 285% from the average session volume of 10,241 shares. The stock had previously closed at C$14.70.

VersaBank Price Performance

The firm has a 50-day moving average price of C$14.64. The firm has a market cap of C$401.74 million and a P/E ratio of 15.31.

VersaBank Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for VersaBank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VersaBank and related companies with MarketBeat.com's FREE daily email newsletter.