VersaBank (TSE:VBN) Upgraded at Roth Capital

Roth Capital upgraded shares of VersaBank (TSE:VBN) to a strong-buy rating in a research note published on Friday, Zacks.com reports.

Separately, Keefe, Bruyette & Woods upgraded shares of VersaBank to a moderate buy rating in a report on Tuesday, August 27th.

VersaBank Price Performance

VersaBank (TSE:VBN) last posted its quarterly earnings data on Thursday, September 5th. The company reported C$0.36 earnings per share for the quarter, missing the consensus estimate of C$0.47 by C($0.11). The firm had revenue of C$27.00 million during the quarter, compared to the consensus estimate of C$29.90 million.

VersaBank Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Friday, October 4th will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend is Friday, October 4th.