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VBNK Overview

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$
0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
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Intellectia

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High
14.180
Open
14.180
VWAP
14.18
Vol
219.00
Mkt Cap
443.52M
Low
14.180
Amount
3.10K
EV/EBITDA(TTM)
1.80
Total Shares
32.07M
EV
88.17M
EV/OCF(TTM)
0.47
P/S(TTM)
4.95
VersaBank is a Canadian Schedule I chartered bank. It offers a receivable purchase program (RPP) funding solution for point-of-sale finance companies. It also owns DRT Cyber Inc., which provides the provision of cybersecurity services designed to address the growing volume of cyber threats challenging financial institutions, multinational corporations, and government entities. Its segment consists of Digital Banking Canada, Digital Banking USA and DRTC. Under Digital Banking Canada, the Bank employs a branchless business-to-business (partner-based) model using its financial technology to address underserved segments in the Canadian and U.S. banking markets. Under Digital Banking USA, the Bank intends to adopt a business-to-business model, to address underserved segments of the U.S. banking market. Under VersaBank USA, it plans to acquire deposits and deliver the majority of its loans and leases electronically through deposit and lending solutions tailored for financial intermediaries.
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Events Timeline

(ET)
2026-03-24
07:40:00
VersaBank Sells Minnesota Branch Assets
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2026-03-17 (ET)
2026-03-17
07:10:00
VersaBank Launches FX Functionality to Support RBTD Commercialization
select
2025-12-19 (ET)
2025-12-19
07:10:00
VersaBank Appoints Nicolas Ospina as Global CFO
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2025-12-10 (ET)
2025-12-10
09:00:00
Stock Futures Drift as Investors Await Federal Reserve Policy Meeting
select
2025-12-10
07:10:00
VersaBank Expects Continued Growth in RPP Portfolio Throughout FY26
select
2025-12-10
07:10:00
VersaBank Reports Q4 Revenue of $35.09M, Exceeding Consensus
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2025-09-16 (ET)
2025-09-16
07:11:47
VersaBank revitalizes its DDR tokenized deposit pilot initiative in Canada.
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News

PRnewswire
1.0
11:56 AMPRnewswire
VersaBank Announces 2026 Annual Shareholders Meeting
  • Meeting Announcement: VersaBank has scheduled its 2026 Annual and Special Meeting of Shareholders for April 8, 2026, at 10:30 a.m. ET at its Innovation Centre, offering a live-stream option for shareholders unable to attend in person.
  • Voting Instructions: Shareholders attending via live-stream will not be able to vote during the meeting and must submit their proxy voting instructions to Odyssey Trust Company by 10:30 a.m. ET on April 6, 2026, to ensure their voting rights.
  • Business Model: VersaBank operates a branchless, digital business model that targets underserved segments of the banking industry, leveraging electronic channels for deposits and funding activities, which enhances operational efficiency and shareholder returns.
  • Innovative Financing Solution: In 2024, VersaBank launched a Structured Receivable Program for the U.S. market, aimed at addressing the needs of underserved sectors, thereby expanding its influence in North America.
seekingalpha
7.5
03-24seekingalpha
VersaBank Sells Holdingford Branch Assets to Stearns Bank
  • Asset Sale Agreement: VersaBank announced a definitive agreement to sell assets associated with its only branch in Holdingford, Minnesota, to Stearns Bank National Association, with the transaction expected to close in Q2 2026 and having a de minimis impact on the bank's tangible book value.
  • One-Time Asset Write-Off: The transaction is anticipated to result in a one-time, non-cash intangible asset write-off of approximately $1.7 million, which, while limited in overall financial impact, will still need to be reflected in the bank's financial statements.
  • Operational Efficiency Gains: David Taylor, founder and president of VersaBank, stated that the sale aligns with their highly efficient branchless, partner-based digital banking model, and the resulting cost savings will enhance operating leverage as they steadily ramp up their Structured Receivable Program business in the U.S.
  • Superior U.S. Operations: Taylor also noted that VersaBank's U.S. operations have already surpassed the efficiency of their Canadian operations, and as a cloud-based bank with a unique operating model, they are well-positioned to drive their efficiency ratio to industry-leading levels.
PRnewswire
7.5
03-24PRnewswire
VersaBank Sells Minnesota Branch Assets to Stearns Bank
  • Asset Sale Context: VersaBank has entered into an agreement to sell its only branch in Holdingford, Minnesota to Stearns Bank, aligning with its highly efficient branchless, partner-based digital banking model, which is expected to enhance overall operational efficiency.
  • Financial Impact: The transaction is anticipated to result in a one-time non-cash intangible asset write-off of approximately $1.7 million in Q2 of fiscal 2026, but it will have a de minimis impact on VersaBank's tangible book value, indicating strong financial health.
  • Operational Efficiency Boost: With U.S. operations already surpassing Canadian efficiency, the sale of the branch will further drive growth in its Structured Receivable Program, enhancing its competitive edge in the digital banking sector.
  • Community Commitment: VersaBank has served Holdingford customers for 20 months, and the sale will ensure a seamless transition back to Stearns Bank, reflecting its commitment to community responsibility and long-term collaboration.
Newsfilter
7.5
03-24Newsfilter
VersaBank Sells Minnesota Branch Assets to Stearns Bank
  • Asset Sale Context: VersaBank has entered into a definitive agreement to sell its only branch in Holdingford, Minnesota, to Stearns Bank, a move that aligns with its highly efficient branchless, partner-based digital banking model and has received approval from the Office of the Comptroller of the Currency.
  • Operational Efficiency Boost: The sale is expected to result in a one-time non-cash intangible asset write-off of approximately $1.7 million, which, while having a minimal impact on VersaBank's tangible book value, will enhance its operating leverage and contribute to improved efficiency in its U.S. operations.
  • Market Positioning Advantage: VersaBank's U.S. operations have already surpassed the efficiency of its Canadian operations, and as a cloud-based bank with a unique operating model, it is well-positioned to effectively address underserved segments of the banking industry, driving an industry-leading efficiency ratio.
  • Customer Relationship Maintenance: Having served Holdingford customers for 20 months, the transition back to Stearns Bank is expected to be seamless, highlighting the shared core values and commitment to community service between the two banks.
PRnewswire
8.5
03-17PRnewswire
VersaBank Enhances Foreign Exchange Capabilities for RBTDs
  • Enhanced FX Functionality: VersaBank is set to add foreign exchange capabilities to its RBTDs, enabling 24/7 currency conversion within VersaVault® wallets, significantly improving transaction efficiency and reducing costs, thereby strengthening its competitive edge in the digital banking sector.
  • Deepened Partnerships: Collaboration with Block Time Financial will facilitate the development of the new FX functionality, leveraging Block Time's Digital Core Platform to provide secure blockchain solutions for banks, enhancing the market appeal of RBTDs.
  • Expanded Market Opportunities: With over $1 trillion in annual trade between the U.S. and Canada, VersaBank is positioned to capitalize on unique market opportunities, making its RBTDs a low-cost source of deposits that meet customer demands for efficient digital transactions in a rapidly evolving financial ecosystem.
  • Security and Compliance: The VersaView™ platform ensures transaction security and compliance through strict account management and dual-control processes, enhancing customer trust in RBTDs and promoting their adoption in mainstream financial applications.
PRnewswire
8.0
03-04PRnewswire
VersaBank Declares Quarterly Cash Dividend
  • Quarterly Cash Dividend: VersaBank has declared a cash dividend of CAD $0.025 per Common Share, payable on April 30, 2026, to shareholders of record as of April 10, 2026, reflecting the company's commitment to shareholder returns.
  • Digital Banking Model: As a federally chartered bank in both Canada and the US, VersaBank operates a branchless, digital business model that leverages advanced technology to profitably serve underserved segments of the banking industry, thereby mitigating risks and enhancing profitability.
  • Innovative Financing Solution: The Receivable Purchase Program launched in 2024 has been successful in Canada and is now set to expand into the multi-trillion-dollar US market, providing new financing opportunities for point-of-sale finance companies and enhancing competitive positioning.
  • Cybersecurity Investment: By acquiring DRT Cyber Inc., VersaBank strengthens its leadership in cybersecurity services, addressing the growing volume of cyber threats faced by financial institutions and multinational corporations, thereby enhancing its overall service capabilities and market reputation.
Wall Street analysts forecast VBNK stock price to rise
2 Analyst Rating
Wall Street analysts forecast VBNK stock price to rise
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
13.00
Averages
13.70
High
14.40
Current: 0.000
sliders
Low
13.00
Averages
13.70
High
14.40
Roth Capital
Craig Irwin
Neutral
maintain
$13 -> $14
AI Analysis
2026-03-05
Reason
Roth Capital
Craig Irwin
Price Target
$13 -> $14
AI Analysis
2026-03-05
maintain
Neutral
Reason
Roth Capital analyst Craig Irwin raised the firm's price target on VersaBank to $14 from $13 but keeps a Neutral rating on the shares. The company's Q1 results saw revenue top estimates on healthy loan growth, offset by a miss in net interest margins, the analyst tells investors in a research note. VersaBank also announced its first stablecoin custody customer and will look to scale the program with additional partnerships, Roth added.
Roth Capital
Neutral
maintain
$10 -> $13
2025-12-11
Reason
Roth Capital
Price Target
$10 -> $13
2025-12-11
maintain
Neutral
Reason
Roth Capital raised the firm's price target on VersaBank to $13 from $10 and keeps a Neutral rating on the shares. The company reported mixed Q4 results with net revenue ahead on 20% Y/Y loan growth, while EPS was below consensus on higher non interest expense, the analyst tells investors in a research note. Roth adds however that VersaBank net interest margin expanded 4bps from Q3 on lower deposit costs.
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Valuation Metrics

The current forward P/E ratio for Versabank (VBNK.O) is 12.16, compared to its 5-year average forward P/E of 9.73. For a more detailed relative valuation and DCF analysis to assess Versabank's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
9.73
Current PE
12.16
Overvalued PE
13.36
Undervalued PE
6.10

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.40
Current PS
4.09
Overvalued PS
4.34
Undervalued PS
2.47

Financials

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Frequently Asked Questions

What is Versabank (VBNK) stock price today?

The current price of VBNK is 14.18 USD — it has increased 2.53

What is Versabank (VBNK)'s business?

VersaBank is a Canadian Schedule I chartered bank. It offers a receivable purchase program (RPP) funding solution for point-of-sale finance companies. It also owns DRT Cyber Inc., which provides the provision of cybersecurity services designed to address the growing volume of cyber threats challenging financial institutions, multinational corporations, and government entities. Its segment consists of Digital Banking Canada, Digital Banking USA and DRTC. Under Digital Banking Canada, the Bank employs a branchless business-to-business (partner-based) model using its financial technology to address underserved segments in the Canadian and U.S. banking markets. Under Digital Banking USA, the Bank intends to adopt a business-to-business model, to address underserved segments of the U.S. banking market. Under VersaBank USA, it plans to acquire deposits and deliver the majority of its loans and leases electronically through deposit and lending solutions tailored for financial intermediaries.

What is the price predicton of VBNK Stock?

Wall Street analysts forecast VBNK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VBNK is13.70 USD with a low forecast of 13.00 USD and a high forecast of 14.40 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Versabank (VBNK)'s revenue for the last quarter?

Versabank revenue for the last quarter amounts to 33.88M USD, increased 31.71

What is Versabank (VBNK)'s earnings per share (EPS) for the last quarter?

Versabank. EPS for the last quarter amounts to 0.35 USD, increased 25.00

How many employees does Versabank (VBNK). have?

Versabank (VBNK) has 131 emplpoyees as of March 25 2026.

What is Versabank (VBNK) market cap?

Today VBNK has the market capitalization of 443.52M USD.