Saturday 17 October 2026 Export VBNK’s income statement to Excel — free account

VersaBank

VersaBank’s revenue for fiscal 2025 (year ended October 2025) was $217.1 million, roughly unchanged from fiscal 2024. In the quarter to July 2026, revenue grew 19.2%, EPS grew 46.7% and free cash flow fell 125.0%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

22.28 0.11 −0.49%

Follow VBNK

Alert me

Market cap: $725.9M
P/E: 29.3×
Fwd P/E: 18.0×
Dividend yield: 0.32%
F-score: 6/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 35.43%

Capital & Financial Ratios $m

Market Cap 725.88

Revenue 246.21

Net Income 23.92

Free Cash Flow 7.04

Net Debt (350.97)

Current Ratio 1.11

Debt/Equity 0.00

P/E ratio 29.32

Fwd P/E 18.00

P/S ratio 2.92

P/B ratio 1.78

Past 5Y EPS Growth (1.30%)

This Y EPS Growth 38.82%

Next Y EPS Growth 66.93%

Next Y revenue growth (49.47%)

Next 5Y EPS Growth 44.31%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 98.00%

10-year low 10-year high

P/S against its own 10 years 80.05%

10-year low 10-year high

P/B against its own 10 years 98.87%

10-year low 10-year high

Dividends

Payout Ratio 0.09

Annual Dividend Rate 0.07

Annual Dividend Yield 0.32%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.07	0.02 0.02 0.02 0.02
2025	0.07	0.02 0.02 0.02 0.02
2024	0.07	0.02 0.02 0.02 0.02
2023	0.07	0.02 0.02 0.02 0.02
2022	0.08	0.02 0.02 0.02 0.02
2021	0.12	0.02 0.02 0.03 0.02 0.02 0.02
2020	0.09	0.02 0.02 0.02 0.02 0.02
2019	0.07	0.01 0.01 0.02 0.02 0.02
2018	0.03	0.01 0.01 0.01 0.01

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	98	165	415	351
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	2,953	3,278	4,032	4,764

	2023	2024	2025	Q'26
Payables	2,620	3,045	3,470	4,233
ST’ Debt	—	—	—	—
Other	—	—	—	—
	2,699	3,120	3,544	4,307

Compound Annual Growth %

	10y	5y	3y
Sales	—	27.64%	28.24%
Cash Flow	—	(21.11%)	0.00%
Earnings	—	9.64%	6.47%
Book Value	—	14.90%	11.77%

Revenue $m

	Jan	Apr	Jul	Oct	Year
’26	60	62	66	—	—
’25	53	51	55	58	217
’24	53	54	54	55	216
’23	38	42	46	50	176
’22	21	22	27	33	103
’21	18	18	19	21	75
’20	17	16	15	16	64

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Jan	Apr	Jul	Oct	Year
’26	40	(32)	(32)	—	—
’25	(63)	(70)	129	35	32
’24	(13)	37	63	113	200
’23	94	23	(100)	53	70
’22	(89)	32	21	10	(25)
’21	(21)	(9)	21	(78)	(86)
’20	(10)	169	12	(68)	104

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Jan	Apr	Jul	Oct	Year
’26	40	(36)	(32)	—	—
’25	(64)	(70)	129	35	31
’24	(25)	37	62	113	187
’23	94	23	(100)	53	70
’22	(89)	32	21	10	(26)
’21	(21)	(9)	21	(78)	(86)
’20	(10)	169	12	(68)	104

Fiscal quarters ending in the months shown.

EPS $

	Jan	Apr	Jul	Oct	Year
’26	0.25	0.17	0.22	—	—
’25	0.20	0.18	0.15	0.12	0.64
’24	0.36	0.33	0.26	0.15	1.09
’23	0.25	0.28	0.28	0.35	1.16
’22	0.15	0.13	0.16	0.17	0.61
’21	0.17	0.20	0.20	0.19	0.76
’20	0.17	0.16	0.13	0.17	0.68

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	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
	High	0.19	4.43	6.37	5.94	5.86	14.30	12.25	11.10	18.38	15.57
People
People	Employees	—	—	—	145	145	145	110	119	119	131
	Revenue/emp, $m	0.00	0.00	0.00	0.46	0.44	0.52	0.94	1.48	1.82	1.66
Income, $m
Income, $m	Revenue	30	34	39	66	64	75	103	176	216	217
	Gross margin, %	0.00	0.00	0.00	61.04	62.89	69.02	62.16	45.66	37.92	40.98
	EBT	9	11	19	21	20	24	25	43	40	30
	EBT margin, %	29.63	33.60	48.40	31.50	31.05	32.52	24.56	24.23	18.61	13.64
	Net income	6	15	14	15	14	18	18	31	29	20
	Depreciation	—	—	—	1	1	1	2	1	2	2
Per share, $
Per share, $	Revenue	1.15	1.63	1.87	3.15	3.03	3.46	3.75	6.71	8.33	6.89
	Earnings	0.24	0.64	0.57	0.64	0.68	0.76	0.61	1.16	1.09	0.64
	Cash flow	0.65	0.89	1.11	0.70	4.92	(3.96)	(0.92)	2.67	7.72	1.01
	Capex	0.00	0.00	0.00	(0.01)	(0.01)	0.00	(0.02)	(0.01)	(0.53)	(0.02)
	Free cash flow	0.65	0.89	1.11	0.70	4.91	(3.96)	(0.94)	2.66	7.19	0.99
	Book value	5.38	7.77	8.09	8.55	8.99	12.14	9.93	10.64	11.30	12.07
	Shares, m	26	21	21	21	21	22	27	26	26	32
Valuation, ×
Valuation, ×	P/E	7.91	7.91	7.91	7.91	8.75	15.80	11.38	6.59	13.64	18.26
	P/S	0.00	0.00	0.00	1.63	1.82	3.47	1.85	1.14	1.80	1.72
	P/B	0.70	0.70	0.70	0.60	0.61	0.99	0.70	0.72	1.33	0.98
	EV/Sales	0.00	0.00	0.00	0.06	(1.17)	0.60	1.18	0.58	1.04	(0.19)
	EV/FCF	0.00	0.00	0.00	0.26	(0.73)	(0.53)	(4.71)	1.47	1.20	(1.33)
Cash, $m
Cash, $m	Operating cash flow	17	19	23	15	104	(86)	(25)	70	200	32
	Capex	—	(2)	(1)	0	0	0	0	0	(14)	(1)
	Free cash flow	17	19	23	15	104	(86)	(26)	70	187	31
Balance, $m
Balance, $m	Working capital	—	—	—	222	246	339	248	254	157	488
	Total debt	43	33	33	29	13	81	80	80	—	—
	Net debt	43	33	33	(105)	(192)	(216)	(69)	(98)	(165)	(415)
	Shareholders’ equity	139	162	171	181	190	264	272	280	293	380
Returns, %
Returns, %	ROA	0.36	1.03	0.89	0.99	0.92	0.98	0.76	1.08	0.85	0.53
	ROIC	0.00	0.00	0.00	17.21	0.00	31.76	7.76	14.71	19.69	0.00
	ROE	3.66	10.46	8.45	8.24	6.92	7.29	6.27	11.06	9.94	6.03

Negative figures in brackets.

All 10 years →

Fiscal years to Oct 2025 · latest quarter Jul 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
PGC Peapack-Gladstone Financial Corporation	$769.9M	14.8×	11.9×	+10.12% (above 0%: growing)	+97.78% (above 0%: growing)	+388.43% (above 0%: growing)	70.34%	0.00%	Compare
SMBC Southern Missouri Bancorp, Inc.	$769.7M	10.9×	10.3×	+2.83% (above 0%: growing)	+31.43% (above 0%: growing)	−50.54% (below 0%: shrinking)	64.61%	0.00%	Compare
ALRS Alerus Financial	$765.5M	29.0×	9.7×	+1.35% (above 0%: growing)	+3.80% (above 0%: growing)	+136.92% (above 0%: growing)	77.88%	0.00%	Compare
SHBI Shore Bancshares Inc	$752.2M	11.4×	10.1×	+0.40% (above 0%: growing)	+21.74% (above 0%: growing)	+185.78% (above 0%: growing)	71.57%	0.00%	Compare
VBNK VersaBank	$725.9M	29.3×	18.0×	+19.17% (above 0%: growing)	+46.67% (above 0%: growing)	−124.97% (below 0%: shrinking)	42.29%	0.00%
WASH Washington Trust Bancorp, Inc.	$707.1M	12.7×	10.7×	−2.18% (below 0%: shrinking)	+21.74% (above 0%: growing)	+101.28% (above 0%: growing)	64.44%	0.00%	Compare
CWBC Community West Bancshares	$699.2M	13.8×	11.5×	+32.57% (above 0%: growing)	−75.61% (below 0%: shrinking)	+65.55% (above 0%: growing)	76.29%	0.00%	Compare
BCAL California BanCorp	$698.0M	11.7×	11.5×	−3.68% (below 0%: shrinking)	+2.33% (above 0%: growing)	+6.82% (above 0%: growing)	79.50%	0.00%	Compare
TCBX Third Coast Bancshares, Inc.	$689.5M	8.8×	10.6×	+24.52% (above 0%: growing)	+11.61% (above 0%: growing)	+223.46% (above 0%: growing)	59.80%	0.00%	Compare
Median of peers	$729.6M	12.2×	10.6×	+2.09%	+16.68%	+119.10%	70.96%	0.00%

All 323 Banks Regional stocks →

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 $217.1 million, roughly unchanged from fiscal 2024.
As of October 16, 2026, VBNK traded at $22.28, a market capitalization of $725.9 million.
VersaBank pays an annual dividend of $0.07 per share, a yield of 0.32%, with a payout ratio of 9.43%.
Return on equity was 6.03% and debt-to-equity 0.00.
Its Piotroski F-score is 6 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.