The Motley Fool

One Canadian Chartered bank that recently caught my eye is Versa Bancorp (TSX:VB). With a market cap of only 145 million, it is much smaller than the big banks, but also much cheaper. While the larger banks are trading at higher valuations, Versa Bancorp trades with a price to earnings ratio of around 8.6 and is currently below book value. The cheapness of the stock is enticing for value-oriented investors.