Roth Capital analyst Craig Irwin raised the firm’s price target on VersaBank (VBNK) to $14 from $13 but keeps a Neutral rating on the shares. The company’s Q1 results saw revenue top estimates on healthy loan growth, offset by a miss in net interest margins, the analyst tells investors in a research note. VersaBank also announced its first stablecoin custody customer and will look to scale the program with additional partnerships, Roth added.
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