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VBNK Overview

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

Loading chart...

High
19.620
Open
19.580
VWAP
19.38
Vol
80.47K
Mkt Cap
622.34M
Low
19.180
Amount
1.56M
EV/EBITDA(TTM)
8.57
Total Shares
32.20M
EV
409.63M
EV/OCF(TTM)
1.68
P/S(TTM)
6.61
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)
2026-06-03
11:00:00
Kraken Opens U.S. IPO Pricing to Global Retail Investors via xStocks Platform
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2026-06-03
07:10:00
VersaBank Reports Q2 Revenue of C$38.29M
select
2026-06-03
07:10:00
VersaBank Files S-4 Registration Statement for Corporate Restructuring
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2026-04-28 (ET)
2026-04-28
07:20:00
VersaBank Receives TSX Approval to Buy Back 2 Million Common Shares
select
2026-04-20 (ET)
2026-04-20
16:00:00
VersaBank Begins Receiving QCAD Deposits
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2026-03-24 (ET)
2026-03-24
07:40:00
VersaBank Sells Minnesota Branch Assets
select
2026-03-17 (ET)
2026-03-17
07:10:00
VersaBank Launches FX Functionality to Support RBTD Commercialization
select

News

PRnewswire
8.5
06-10PRnewswire
VersaBank Founder Featured in New Publication on Leadership
  • Publication Launch: VersaBank's Founder and President, David Taylor, was recognized at the launch of 'Monarchy and Democracy: A History of Leadership,' which highlights the significance of the past century in political and social transformation in the UK and Commonwealth, showcasing the bank's role in driving business growth and investment.
  • Recognition of Achievements: During the event at Westminster Abbey, Taylor shared his journey from the UK to Canada and expressed pride in VersaBank's contributions to innovations in the financial industry, indicating confidence in the company's future development.
  • Innovation and Democracy: Taylor emphasized that democracy fosters stable and transparent environments that support business growth and long-term economic prosperity, highlighting the importance of innovation in enabling new business concepts, further solidifying VersaBank's leadership in the digital banking sector.
  • Collaboration and Impact: The publication, produced in partnership with St. James's House and the History of Parliament Trust, showcases how organizations like VersaBank are shaping the future in governance, education, and enterprise, underscoring the importance of leadership and sustainability.
Newsfilter
8.5
06-10Newsfilter
VersaBank Founder Featured in New Publication on Leadership
  • Publication Launch: VersaBank's Founder and President, David Taylor, spoke at the launch of the new publication 'Monarchy and Democracy: A History of Leadership,' highlighting the role of the monarchy in the development of democracy over the past century, showcasing achievements across social, technological, commercial, and cultural spheres.
  • Innovation and Economic Growth: Taylor emphasized that democracy fosters stable, transparent, and predictable environments that support business growth and long-term economic prosperity, underlining the importance of innovation in providing entrepreneurs with the resources needed to develop new business concepts.
  • History and Leadership: The book, produced by the History of Parliament Trust, explores the historical evolution of governance in the UK and Commonwealth, particularly the shift to a constitutional monarchy, and features in-depth interviews with leaders from organizations like VersaBank, illustrating how contemporary leaders are shaping the future.
  • VersaBank's Unique Model: As a branchless digital bank, VersaBank effectively addresses underserved segments of the banking industry through its proprietary technology, and its Structured Receivable Program has seen success in the U.S. market, further solidifying its leadership position in North America.
Yahoo Finance
9.5
06-03Yahoo Finance
VersaBank Reports Record Financial Performance
  • Significant Asset Growth: VersaBank's total assets grew by 28% year-over-year and 5% sequentially to over $6.4 billion, demonstrating its strong performance and expansion capabilities in the market, further solidifying its position in the financial services industry.
  • Record Revenue: The bank reported revenue of $38.2 million, up 27% year-over-year and 5% sequentially, reflecting not only the healthy growth of its business but also the strong market demand, which could attract more investor interest.
  • Adjusted Net Income Increase: Adjusted net income reached $12.4 million, with earnings per share of $0.39, marking a 35% year-over-year increase, indicating significant progress in cost control and profitability enhancement, thereby boosting its future investment appeal.
  • Non-Interest Expense Management: Despite incurring $4.5 million in non-core costs related to restructuring, VersaBank anticipates core non-interest expenses to decrease to around $20 million in the coming quarters, showcasing its strategic decision-making capabilities in optimizing operational efficiency and cost control.
seekingalpha
8.0
06-03seekingalpha
VersaBank Declares Quarterly Dividend of CAD 0.025
  • Quarterly Dividend Announcement: VersaBank has declared a quarterly dividend of CAD 0.025 per share, consistent with previous payouts, indicating the company's stable cash flow and profitability, which enhances investor confidence.
  • Payment Schedule: The dividend is payable on July 31, with a record date of July 10 and an ex-dividend date also on July 10, ensuring shareholders receive their returns promptly and reinforcing the relationship between the company and its investors.
  • Dividend Growth Potential: The ability to maintain dividend payments reflects VersaBank's ongoing profitability and solid financial health, potentially attracting more investors seeking stable income, thereby increasing the company's appeal in the capital markets.
  • Market Performance Analysis: Despite a complex market environment, VersaBank continues to demonstrate its potential as a 'quiet winner,' with ongoing dividend payments likely to strengthen its market position in the highly competitive banking sector.
seekingalpha
9.5
06-03seekingalpha
VersaBank Reports Strong Q2 Earnings Growth
  • Profitability Improvement: VersaBank reported a non-GAAP EPS of C$0.39 for Q2, indicating a significant enhancement in profitability, which reflects effective cost control and revenue growth strategies.
  • Significant Revenue Growth: The bank's revenue reached C$38.29 million, marking a 27.0% year-over-year increase, primarily driven by an expanded loan portfolio and improved interest rate environment, further solidifying its market position.
  • Strong Market Performance: During the analyst call, VersaBank was referred to as a 'quiet winner', indicating market recognition of its sustained growth and robust financial performance, which may attract more investor interest.
  • Strategic Adjustment: The recent sale of its sole U.S. branch to Stearns Bank represents a strategic move to focus resources on core markets, optimize asset allocation, and enhance overall operational efficiency.
NASDAQ.COM
9.5
06-03NASDAQ.COM
VersaBank Reports Decline in Q2 Profit
  • Profit Decline: VersaBank reported a second-quarter net profit of C$7.52 million, or C$0.23 per share, down from C$8.53 million and C$0.26 per share last year, indicating a weakening in profitability.
  • Adjusted Earnings: Excluding items, VersaBank's adjusted earnings stood at C$12.38 million, or C$0.39 per share, reflecting some resilience in earnings despite the overall profit decline.
  • Revenue Growth: The company's revenue increased by 27% year-over-year to C$38.29 million from C$30.14 million last year, demonstrating a strong business growth momentum.
  • Market Reaction: Despite revenue growth, the profit decline may raise investor concerns regarding the company's future profitability, potentially impacting its stock performance.
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 14.88, compared to its 5-year average forward P/E of 10.13. 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
10.13
Current PE
14.88
Overvalued PE
14.04
Undervalued PE
6.21

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
-0.02
Current EV/EBITDA
2.63
Overvalued EV/EBITDA
0.42
Undervalued EV/EBITDA
-0.45

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
3.28
Current PS
3.01
Overvalued PS
4.18
Undervalued PS
2.37

Financials

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Frequently Asked Questions

What is Versabank (VBNK) stock price today?

The current price of VBNK is 19.33 USD — it has increased 0.73

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 35.68M USD, increased 27.28

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

Versabank. EPS for the last quarter amounts to 0.23 USD, decreased -11.54

How many employees does Versabank (VBNK). have?

Versabank (VBNK) has 131 emplpoyees as of June 21 2026.

What is Versabank (VBNK) market cap?

Today VBNK has the market capitalization of 622.34M USD.