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VersaBank

VBNK Financial Banks Regional

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%
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%) (below 0%: weak)
This Y EPS Growth 38.82% (at or above 15%: strong)
Next Y EPS Growth 66.93% (at or above 15%: strong)
Next Y revenue growth (49.79%) (below 0%: weak)
Next 5Y EPS Growth 44.31% (at or above 15%: strong)

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.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to October

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
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

VersaBank vs peers in Banks Regional (Q) = latest quarter vs a year earlier

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.

VersaBank (VBNK) Latest News

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stockrow.com/VBNK · Data as of Jul 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com