VersaBank is engaged in the business of providing commercial lending services to selected niche markets. Co., along with its parent, receives deposits through a diversified network of deposit brokers and is a member institution of the Canada Deposit Insurance Corporation ("CDIC"). Co. invests these funds in loans, leases, commercial mortgages, residential development mortgages, debt of corporations, and government guaranteed securities. Co. has two primary business activities, deposit services and lending services. The VBNK stock yearly return is shown above.
The yearly return on the VBNK stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the VBNK annual return calculation with any dividends reinvested as applicable (on ex-dates).
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