Revenue Breakdown
Composition ()
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Revenue Streams
Versabank (VBNK) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Digital Banking Canada, accounting for 84.3% of total sales, equivalent to CAD 26.62M. Other significant revenue streams include Digital Banking USA and DRTC. Understanding this composition is critical for investors evaluating how VBNK navigates market cycles within the Banks industry.
Profitability & Margins
Evaluating the bottom line, Versabank maintains a gross margin of N/A. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 30.34%, while the net margin is 15.95%. These profitability ratios, combined with a Return on Equity (ROE) of 6.11%, provide a clear picture of how effectively VBNK converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, VBNK competes directly with industry leaders such as GSBC and ORRF. With a market capitalization of $494.84M, it holds a significant position in the sector. When comparing efficiency, VBNK's gross margin of N/A stands against GSBC's N/A and ORRF's N/A. Such benchmarking helps identify whether Versabank is trading at a premium or discount relative to its financial performance.
