Professional
Added to YB: 2026-09-09
Pitch date: 2026-09-04
VBNK [bullish]
VersaBank
-1.14%
current return
Author Info
Arauca Capital is a long-biased alternative investment fund that invests in listed companies following Warren Buffett´s philosophy. Arauca thrives in finding and holding great businesses for long periods of time or as long as management executes. Visit the website.
Company Info
VersaBank provides various banking products and services in Canada and the United States. The company operates through four segments: Digital Banking Canada, Digital Banking USA, DRTC (Cybersecurity), and Digital Meteor.
Market Cap
CAD 857.1M
Pitch Price
CAD 30.81
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
25.13
EV/Sales
N/A
Sector
Banks
Category
growth
Arauca Capital New Position: VersaBank
VBNK: VersaBank’s main upside is extending its 16-year Canadian receivables-funding model into the much larger US market, where funding costs are about one percentage point lower and US credit assets reached US$604.9M. At $17, the shares were roughly 1.3x book and under 9x estimated next-year earnings excluding the US ramp and blockchain optionality. Key risks are execution and renewal rates on brokered term deposits.
Read full article (5 min)