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VersaBank

VBNK

NASDAQFinancial ServicesBanks - Regional

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Previous close

$19.82

+$0.39 · +2.01%

Aug 21, 4:00 PM ET

VBNK company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

24

Expensive

Momentum

69

Gaining

Sentiment

58

Mixed

Risk resilience

49

Elevated Risk

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Thesis, catalysts, evidence, and risk analysis.

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Company profile

Company website

VersaBank, a federally regulated financial institution (Schedule I chartered bank) operating across Canada, delivers a diverse array of banking and lending solutions. Clients can choose from various deposit products, including Guaranteed Investment Certificates (GICs), Registered Retirement Savings Plans (RRSPs), Daily Interest Savings Accounts (DISAs), and Tax-Free Savings Accounts (TFSAs), all complemented by deposit protection. The bank also provides comprehensive lending services. This includes point-of-sale financing, where it acquires loan and lease receivables from other finance companies across numerous industries. Additionally, its commercial banking division supports sectors such as commercial real estate, public sector and infrastructure projects, condominium financing, and residential mortgages. Established in 1979, the institution was initially known as Pacific & Western Bank of Canada before adopting its current name, VersaBank, in May 2016. The company maintains its headquarters in London, Canada.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
CA
CEO
Susan Teresa McGovern
Listed since
Aug 27, 2021
Employees
131

Market position

Day range

Current $19.82

52-week range

Current $19.82

Open
$19.31
Previous close
$19.43
Volume
126.8K
1.26× average
Average volume
100.57K
Average daily volume
Market cap
638.12M USD
Beta
1.1
Market reference 1
50-day average
$20.228
-2.02% below average
200-day average
$16.6328
+19.16% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
50.43M CAD
EV / EBITDA
1.13×
Earnings yield
5.43%
Free cash flow yield
8.31%

Profitability & efficiency

Return on equity
5.34%
Return on assets
0.49%
Return on invested capital
3.00%

Financial health

Current ratio
0.13×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends108%75%42%9%Gross margin, FY2021: 69.49%Gross margin, FY2022: 61.82%Gross margin, FY2023: 45.40%Gross margin, FY2024: 100.00%Gross margin, FY2025: 100.00%Operating margin, FY2021: 32.52%Operating margin, FY2022: 24.56%Operating margin, FY2023: 24.23%Operating margin, FY2024: 49.08%Operating margin, FY2025: 34.51%Net margin, FY2021: 23.64%Net margin, FY2022: 17.09%Net margin, FY2023: 17.72%Net margin, FY2024: 35.61%Net margin, FY2025: 23.67%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 69.49%. Gross margin FY2022 61.82%. Gross margin FY2023 45.40%. Gross margin FY2024 100.00%. Gross margin FY2025 100.00%. Operating margin FY2021 32.52%. Operating margin FY2022 24.56%. Operating margin FY2023 24.23%. Operating margin FY2024 49.08%. Operating margin FY2025 34.51%. Net margin FY2021 23.64%. Net margin FY2022 17.09%. Net margin FY2023 17.72%. Net margin FY2024 35.61%. Net margin FY2025 23.67%.

Income trends

Revenue

120.23M CAD+7.70%

Operating income

41.49M CAD-24.27%

Net income

28.46M CAD-28.40%
Income trends across reported periods259.47M CAD173.26M CAD87.04M CAD826.2K CADRevenue, FY2021: 94.69M CADRevenue, FY2022: 132.54M CADRevenue, FY2023: 237.92M CADRevenue, FY2024: 111.63M CADRevenue, FY2025: 120.23M CADOperating income, FY2021: 30.79M CADOperating income, FY2022: 32.55M CADOperating income, FY2023: 57.65M CADOperating income, FY2024: 54.79M CADOperating income, FY2025: 41.49M CADNet income, FY2021: 22.38M CADNet income, FY2022: 22.66M CADNet income, FY2023: 42.16M CADNet income, FY2024: 39.75M CADNet income, FY2025: 28.46M CADFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 94.69M CAD. Revenue FY2022 132.54M CAD. Revenue FY2023 237.92M CAD. Revenue FY2024 111.63M CAD. Revenue FY2025 120.23M CAD. Operating income FY2021 30.79M CAD. Operating income FY2022 32.55M CAD. Operating income FY2023 57.65M CAD. Operating income FY2024 54.79M CAD. Operating income FY2025 41.49M CAD. Net income FY2021 22.38M CAD. Net income FY2022 22.66M CAD. Net income FY2023 42.16M CAD. Net income FY2024 39.75M CAD. Net income FY2025 28.46M CAD.
Metric (CAD)FY2025FY2024FY2023FY2022FY2021
Revenue120.23M CAD111.63M CAD237.92M CAD132.54M CAD94.69M CAD
Cost of goods sold——129.89M CAD50.6M CAD28.89M CAD
Gross profit120.23M CAD111.63M CAD108.03M CAD81.94M CAD65.8M CAD
Selling, general, and administrative78.74M CAD51.95M CAD46.48M CAD45.53M CAD31.35M CAD
Operating expenses78.74M CAD57.11M CAD50.38M CAD49.39M CAD35.01M CAD
Interest income295.68M CAD285.42M CAD229.33M CAD126.82M CAD89.49M CAD
Interest expense179.51M CAD182.76M CAD129.28M CAD50.15M CAD29.33M CAD
Depreciation and amortization3.1M CAD2.63M CAD1.78M CAD1.94M CAD1.73M CAD
Operating income41.49M CAD54.79M CAD57.65M CAD32.55M CAD30.79M CAD
Net income28.46M CAD39.75M CAD42.16M CAD22.66M CAD22.38M CAD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
27%
3 beats, 5 misses, 3 met estimates
Average EPS surprise
-8.00%
11 comparable reports
Latest EPS result
0.28
Estimate 0.28 · Met by 0.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.390.30.210.12Q4 '24MissQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25MetQ1 '26MetQ2 '26MetQ3 '26Estimate
Q4 2024, reported Dec 9, 2024: actual 0.144, estimate 0.27, surprise -46.78%, Miss. Q1 2025, reported Mar 5, 2025: actual 0.2, estimate 0.29, surprise -31.03%, Miss. Q2 2025, reported Jun 4, 2025: actual 0.18, estimate 0.21, surprise -14.29%, Miss. Q3 2025, reported Sep 4, 2025: actual 0.22, estimate 0.2, surprise +10.00%, Beat. Q4 2025, reported Dec 10, 2025: actual 0.24, estimate 0.24, surprise 0.00%, Met estimate. Q1 2026, reported Mar 4, 2026: actual 0.27, estimate 0.27, surprise 0.00%, Met estimate. Q2 2026, reported Jun 3, 2026: actual 0.28, estimate 0.28, surprise 0.00%, Met estimate. Q3 2026, reported Sep 3, 2026: actual —, estimate 0.35, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates84.81M61.89M38.97M16.04MQ4 '24MissQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Dec 9, 2024: actual 19.57M USD, estimate 21.06M USD, surprise -7.05%, Miss. Q1 2025, reported Mar 5, 2025: actual 18.87M USD, estimate 22.81M USD, surprise -17.26%, Miss. Q2 2025, reported Jun 4, 2025: actual 52.94M USD, estimate 23.91M USD, surprise +121.37%, Beat. Q3 2025, reported Sep 4, 2025: actual 55.01M USD, estimate 24.48M USD, surprise +124.67%, Beat. Q4 2025, reported Dec 10, 2025: actual 79.93M USD, estimate 36.02M USD, surprise +121.89%, Beat. Q1 2026, reported Mar 4, 2026: actual 26.8M USD, estimate 24.34M USD, surprise +10.10%, Beat. Q2 2026, reported Jun 3, 2026: actual 28.17M USD, estimate 26.86M USD, surprise +4.90%, Beat. Q3 2026, reported Sep 3, 2026: actual —, estimate 29.15M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$25.00

26.14% upside
Past 12 months12-month forecastHigh $25.00Average $25.00Low $25.00

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ETFs holding VBNK

Funds reporting this stock among their holdings, ordered by reported position size.

First Trust NASDAQ ABA Community Bank Index Fund logoFirst Trust NASDAQ ABA Community Bank Index FundQABA
Market value
237.26K
Weight
0.25%
AUM
95.2M USD
Expense ratio
0.63%
Price / 1D
$68.0196+0.12%
Dimensional - International Small Cap ETF logoDimensional - International Small Cap ETFDFIS
Market value
151.01K
Weight
0.00%
AUM
5.91B USD
Expense ratio
0.39%
Price / 1D
$37.545+0.71%
Dimensional - International Core Equity 2 ETF logoDimensional - International Core Equity 2 ETFDFIC
Market value
116.74K
Weight
0.00%
AUM
15.43B USD
Expense ratio
0.22%
Price / 1D
$39.405+0.83%
Dimensional World ex U.S. Core Equity 2 ETF logoDimensional World ex U.S. Core Equity 2 ETFDFAX
Market value
58.83K
Weight
0.00%
AUM
12.57B USD
Expense ratio
0.28%
Price / 1D
$38.16+0.82%

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