VersaBank VBNK
- Market cap
- $755.7M
- P/E
- 30.8×
Follow VBNK
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.09 | 0.09 | 4.43 | 5.14 | 3.93 | 5.37 | 6.55 | 6.37 | 9.48 | 8.51 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| 0.19 | 4.43 | 6.37 | 5.94 | 5.86 | 14.30 | 12.25 | 11.10 | 18.38 | 15.57 |
High Price
|
|||
| — | — | — | 145 | 145 | 145 | 110 | 119 | 119 | 131 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 |
Revenue/Emp
|
|||
| 30 | 34 | 39 | 66 | 64 | 75 | 103 | 176 | 216 | 217 |
Revenue
|
|||
| 0.00% | 0.00% | 0.00% | 61.04% | 62.89% | 69.02% | 62.16% | 45.66% | 37.92% | 40.98% |
Gross Margin
|
|||
| 9 | 11 | 19 | 21 | 20 | 24 | 25 | 43 | 40 | 30 |
EBT
|
|||
| 29.63% | 33.60% | 48.40% | 31.50% | 31.05% | 32.52% | 24.56% | 24.23% | 18.61% | 13.64% |
EBT Margin
|
|||
| 6 | 15 | 14 | 15 | 14 | 18 | 18 | 31 | 29 | 20 |
Net Income
|
|||
| — | — | — | 1 | 1 | 1 | 2 | 1 | 2 | 2 |
Depreciation
|
|||
| 1.15 | 1.63 | 1.87 | 3.15 | 3.03 | 3.46 | 3.75 | 6.71 | 8.33 | 6.89 |
Revenue/Sh
|
|||
| 0.24 | 0.64 | 0.57 | 0.64 | 0.68 | 0.76 | 0.61 | 1.16 | 1.09 | 0.64 |
Earnings/Sh
|
|||
| 0.65 | 0.89 | 1.11 | 0.70 | 4.92 | (3.96) | (0.92) | 2.67 | 7.72 | 1.01 |
Cash Flow/Sh
|
|||
| 0.00 | 0.00 | 0.00 | (0.01) | (0.01) | 0.00 | (0.02) | (0.01) | (0.53) | (0.02) |
Capex/Sh
|
|||
| 0.65 | 0.89 | 1.11 | 0.70 | 4.91 | (3.96) | (0.94) | 2.66 | 7.19 | 0.99 |
Free CF/Sh
|
|||
| 5.38 | 7.77 | 8.09 | 8.55 | 8.99 | 12.14 | 9.93 | 10.64 | 11.30 | 12.07 |
Book Value/Sh
|
|||
| 26 | 21 | 21 | 21 | 21 | 22 | 27 | 26 | 26 | 32 |
Shares
|
|||
| 7.91 | 7.91 | 7.91 | 7.91 | 8.75 | 15.80 | 11.38 | 6.59 | 13.64 | 18.26 |
PE Ratio
|
|||
| 0.00 | 0.00 | 0.00 | 1.63 | 1.82 | 3.47 | 1.85 | 1.14 | 1.80 | 1.72 |
PS Ratio
|
|||
| 0.70 | 0.70 | 0.70 | 0.60 | 0.61 | 0.99 | 0.70 | 0.72 | 1.33 | 0.98 |
PB Ratio
|
|||
| 0.00 | 0.00 | 0.00 | 0.06 | (1.17) | 0.60 | 1.18 | 0.58 | 1.04 | (0.19) |
EV/Sales
|
|||
| 0.00 | 0.00 | 0.00 | 0.26 | (0.73) | (0.53) | (4.71) | 1.47 | 1.20 | (1.33) |
EV/FCF
|
|||
| 17 | 19 | 23 | 15 | 104 | (86) | (25) | 70 | 200 | 32 |
Op' Cash Flow
|
|||
| — | (2) | (1) | 0 | 0 | 0 | 0 | 0 | (14) | (1) |
Capex
|
|||
| 17 | 19 | 23 | 15 | 104 | (86) | (26) | 70 | 187 | 31 |
FCF
|
|||
| — | — | — | 222 | 246 | 339 | 248 | 254 | 157 | 488 |
Working Cap'
|
|||
| 43 | 33 | 33 | 29 | 13 | 81 | 80 | 80 | — | — |
Total Debt
|
|||
| 43 | 33 | 33 | (105) | (192) | (216) | (69) | (98) | (165) | (415) |
Net Debt
|
|||
| 139 | 162 | 171 | 181 | 190 | 264 | 272 | 280 | 293 | 380 |
Sh' Equity
|
|||
| 0.36% | 1.03% | 0.89% | 0.99% | 0.92% | 0.98% | 0.76% | 1.08% | 0.85% | 0.53% |
ROA
|
|||
| 0.00% | 0.00% | 0.00% | 17.21% | 0.00% | 31.76% | 7.76% | 14.71% | 19.69% | 0.00% |
ROIC
|
|||
| 3.66% | 10.46% | 8.45% | 8.24% | 6.92% | 7.29% | 6.27% | 11.06% | 9.94% | 6.03% |
ROE
|
|||
VersaBank peers in Banks Regional
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| HTB HomeTrust Bancshares, Inc. | $763.4M | 12.0× | Compare |
| SHBI Shore Bancshares Inc | $764.9M | 11.6× | Compare |
| WASH Washington Trust Bancorp, Inc. | $738.6M | 13.4× | Compare |
| FISI Financial Institutions, Inc. | $788.6M | 9.8× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| CWBC Community West Bancshares | $722.9M | 14.4× | Compare |
| IBCP Independent Bank Corp. | $790.7M | 10.3× | Compare |
| PGC Peapack-Gladstone Financial Corporation | $794.6M | 15.4× | Compare |
| SMBC Southern Missouri Bancorp, Inc. | $795.3M | 11.2× | Compare |
VersaBank (VBNK) key facts
- VersaBank (VBNK) is a Banks Regional company in the Financial sector, listed on Nasdaq.
- VersaBank’s revenue for fiscal 2025 (year ended October 2025) was CAD 217.1 million, roughly unchanged from fiscal 2024.
- As of September 25, 2026, VBNK traded at $23.41, a market capitalization of $755.7 million.
- VersaBank pays an annual dividend of $0.07 per share, a yield of 0.62%, with a payout ratio of 7.52%.
- Return on equity was 6.03% and debt-to-equity 0.00.
VersaBank (VBNK) Latest News
22 Sep
VersaBank expands its Structured Receivable Program (SRP) in the United States by launching its SRP, including Real-Time SRP, to point-of-sale originators of small business loans and leases. Previously the U.S. SRP funded only retail consumer loans. The move widens the addressable market, enabling existing partners to serve small business originations and creating a robust pipeline of new U.S. SRP partners. VersaBank targets at least US$3 billion in additional U.S. SRP fundings next year. David Taylor says the initiative taps pent-up demand in small business lending and that Real-Time SRP allows hours-long funding, lowers costs, and enhances risk mitigation via AI. VersaBank notes its cross-border, digital model and that SRP has operated in Canada for 15 years; the program began in the U.S. in 2024 with plans to scale through more partnerships. Expands US addressable market for SRP to small-business lending, aiming at US$3 billion in additional SRP fundings next year.
17 Sep
VersaBank shareholders approved the proposed reorganization. Reorganization approval enables structural changes that alter VersaBank operations and trajectory.
9 Sep
VersaBank (VBNK) released its Q3 2026 earnings call transcript covering financial results and business outlook. Quarterly earnings calls typically provide updates on performance and guidance that can influence near-term stock movement.
VersaBank surpasses $7 billion in total assets and targets further US growth. Asset milestone and US expansion targets point to moderate effects on performance and positioning.
6 Sep
VersaBank reported record assets surpassing $7 billion during its Q3 2026 earnings call. Record assets exceeding $7 billion mark major growth that should lift VersaBank's valuation and investor sentiment.
4 Sep
VersaBank shares rose 10% on the TSX as corporate catalysts lifted it among top gainers. Corporate catalysts triggered a 10% VersaBank share price surge on the TSX.
3 Sep
VersaBank posted strong Q3 results with accelerating US SRP growth driving 23% YoY revenue increase, 53% net income growth and 27% adjusted net income growth while benefiting from operating leverage. Strong quarterly revenue and income growth driven by US expansion signals significant positive effects on future performance and investor sentiment.
VersaBank Q3 earnings call highlights detail financial results, loan growth, net interest margin trends and management outlook on credit quality and expansion plans. Quarterly earnings updates deliver financial metrics that can shift near-term sentiment and valuation without altering long-term strategy.
1 Sep
VersaBank implements the first real-time structured receivable program in the United States. First US implementation of real-time receivable program represents major strategic product launch for VersaBank.
25 Aug
VersaBank signed a reorganization agreement and filed materials for a special shareholder meeting to approve the proposed reorganization. Reorganization agreement and shareholder vote represent major corporate restructuring with potential to alter VersaBank operations and structure.
VersaBank signed a reorganization agreement and filed materials for a special shareholder meeting to approve the proposed reorganization. Reorganization agreement signals major structural change with potential to shift company trajectory and investor views.
5 Aug
The SEC has declared VersaBank's Form S-4 registration statement effective for its proposed reorganization. SEC effectiveness of the Form S-4 clears a key procedural step allowing VersaBank's reorganization to advance.
SEC declares VersaBank Form S-4 registration statement effective for proposed reorganization. Reorganization approval advances corporate restructuring with potential effects on VersaBank's strategic direction and performance.
28 Jul
VersaBank calls special shareholder meeting to approve proposed reorganization. Reorganization approval represents major strategic move likely to alter company trajectory and investor sentiment.
VersaBank calls special shareholder meeting to approve proposed reorganization. Reorganization approval may affect corporate structure and operations.
23 Jul
VersaBank rehires financing veteran Moe Danis to support anticipated growth of its real-time SRP. Rehiring of experienced executive signals support for growth plans but remains a standard personnel move without major strategic shifts.
9 Jul
VersaBank adds new ECN Capital subsidiary to its US structured receivable program. Addition of ECN Capital subsidiary expands VersaBank US receivable operations with moderate growth potential.
VersaBank adds new ECN Capital subsidiary to its US structured receivable program. Subsidiary addition expands VersaBank US receivables program with moderate operational reach.
29 Jun
VersaBank launches breakthrough real-time structured receivable program for point-of-sale industry in Canada and United States. New receivable program launch targets expansion into point-of-sale financing across Canada and United States.
VersaBank launches breakthrough real-time structured receivable program for point-of-sale industry in Canada and United States. Breakthrough receivable program launch expands VersaBank operations across Canada and US point-of-sale markets.
3 Jun
VersaBank posted record revenue in Q2 2026 and detailed strategic expansion initiatives during its earnings call. Record revenue and expansion plans signal major positive shifts in financial results and growth trajectory.
VersaBank publicly files Form S-4 registration statement with the SEC. Form S-4 filing signals potential merger or acquisition activity that could reshape VersaBank's structure and market position.
VersaBank publicly files Form S-4 registration statement with the SEC. S-4 filing signals major corporate transaction such as merger that may significantly alter VersaBank operations and valuation.
VersaBank Q2 earnings call highlights financial results, operational updates and management commentary on performance and outlook. Q2 earnings updates influence near-term sentiment and valuation but rarely alter long-term trajectory without major surprises.
10 May
VersaBank (TSX:VBNK) sees its story shift with robust loan growth and early progress in stablecoin custody services. Loan growth reinforces core banking revenue while stablecoin custody marks a major strategic entry into digital assets.
29 Apr
VersaBank starts pilot program for AI-enabled real-time structured receivable program in point-of-sale financing, marking industry breakthrough innovation. Launch of pilot for new AI financing product represents major strategic move with potential to significantly boost VersaBank trajectory in point-of-sale market.
VersaBank announces industry breakthrough in point-of-sale financing with pilot program for AI-enabled real-time structured receivable program. AI-enabled pilot in real-time structured receivables marks major innovation in POS financing, boosting competitive positioning and growth potential.
VersaBank launches pilot program with FinanceIt for new real-time structured receivable program. Pilot for real-time structured receivables advances VersaBank's fintech capabilities and competitive edge in lending.
28 Apr
VersaBank received TSX approval to renew its Normal Course Issuer Bid, enabling the purchase of up to 10% of its public float of common shares over the next year. NCIB renewal enables share repurchases that can enhance EPS, signal confidence, and support stock performance amid market conditions.
23 Apr
VersaBank (TSX:VBNK) strengthens its investment case through accelerating loan growth and expansion into stablecoin custody services. Loan growth drives core revenue while stablecoin custody taps into high-potential crypto market, significantly enhancing strategic positioning.