VBNK (VersaBank) 3-Year Book Growth Rate : 9.80% (As of Oct. 2024)

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What is VersaBank 3-Year Book Growth Rate?

VersaBank's Book Value per Share for the quarter that ended in Oct. 2024 was $11.16.

During the past 12 months, VersaBank's average Book Value per Share Growth Rate was 9.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 9.80% per year. During the past 5 years, the average Book Value per Share Growth Rate was 9.00% per year. During the past 10 years, the average Book Value per Share Growth Rate was 8.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of VersaBank was 11.80% per year. The lowest was 4.40% per year. And the median was 8.00% per year.

Competitive Comparison of VersaBank's 3-Year Book Growth Rate

For the Banks - Regional subindustry, VersaBank's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

VersaBank's 3-Year Book Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, VersaBank's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where VersaBank's 3-Year Book Growth Rate falls into.

VersaBank 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

VersaBank (NAS:VBNK) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

VersaBank 3-Year Book Growth Rate Related Terms

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VersaBank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » VersaBank (NAS:VBNK) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

VEW:Germany VBNK:Canada

Address

140 Fullarton Street, Suite 2002, London, ON, CAN, N6A 5P2

Website

https://www.versabank.com

VersaBank is a Canadian Schedule I chartered bank with a difference. VersaBank became the world's first digital financial institution when it adopted its highly efficient business-to-business model using its proprietary state-of-the-art financial technology to profitably address underserved segments of the Canadian banking market in the pursuit of superior net interest margins, while mitigating risk. VersaBank obtains all of its deposits and provides the majority of its loans and leases electronically, with innovative deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses. In addition, leveraging its internally developed IT security software and capabilities, VersaBank established a wholly-owned, subsidiary.