VBNK

VersaBank
NASDAQFINANCIAL SERVICESBANKS - REGIONAL

Key Statistics

Market Cap
$699.61M
P/E Ratio
33.95
EPS
$0.64
Beta
1.10
52W High
$25.05
52W Low
$10.06
50-Day MA
$18.97
200-Day MA
$15.33
Dividend Yield
0.44%
Profit Margin
22.00%
Forward P/E
12.52
PEG Ratio

About VersaBank

VersaBank (VBNK) is a pioneering digital bank headquartered in London, Ontario, distinguished for its innovative technology-driven banking solutions. By leveraging a cutting-edge cloud-based infrastructure, VersaBank enhances operational efficiency while ensuring robust cybersecurity measures, crucial in today's increasingly digital financial landscape. Focusing on both commercial and residential lending, the bank is well-positioned to adapt to evolving consumer demands and capitalize on the ongoing digital transformation in the financial sector. As a leader in Canadian digital banking, VersaBank is strategically equipped to navigate complex markets and unlock new growth opportunities.

Official WebsiteUSAFY End: October

Fundamentals

Revenue (TTM)$137.85M
Gross Profit (TTM)$137.85M
EBITDA
Operating Margin27.40%
Return on Equity5.62%
Return on Assets0.53%
Revenue/Share (TTM)$4.29
Book Value$12.29
Price-to-Book1.82
Price-to-Sales (TTM)5.08
EV/Revenue7.87
EV/EBITDA
Quarterly Earnings Growth (YoY)-11.50%
Quarterly Revenue Growth (YoY)29.50%
Shares Outstanding$32.20M
Float$20.12M
% Insiders37.43%
% Institutions38.10%

Historical Volatility

HV 10-Day
87.74%
HV 20-Day
65.39%
HV 30-Day
63.46%
HV 60-Day
52.62%
HV Rank
99.6%

Volatility is currently expanding

Analyst Ratings

Consensus ($24.00 target)
2
Strong Buy
1
Hold

Latest News

VERSABANK ADDS NEW ECN CAPITAL SUBSIDIARY TO US STRUCTURED RECEIVABLE PROGRAM

– New Partner Expected to Contribute at Least US$300 Million in Additional US SRP Fundings Annually – LONDON, ON, July 9, 2026 /PRNewswire/ - VersaBank (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, digital asset technology and technology solutions for cybersecurity, today announced its wholly owned US subsidiary, VersaBank USA, has entered into an agreement with a wholly owned subsidiary of ECN Capital (the "ECN Subsidiary"), under which the ECN Subsidiary will utilize the Bank's core Structured Receivable Program ("SRP") in the United States. This is the second SRP program into which ECN Capital has entered with VersaBank in the United States.

PRNewsWire7/9/2026Neutral
VERSABANK DONATES $60,000 TO THE SALVATION ARMY'S HARVEST HOPE CAMPAIGN

LONDON, ON, June 29, 2026 /PRNewswire/ - VersaBank (TSX: VBNK) (Nasdaq: VBNK) today announced it made a $60,000 donation to The Salvation Army's Harvest Hope Campaign and presented a cheque to The Salvation Army executives in front of approximately 700 people at VersaBank's Summer Celebration event in London, Ontario on Saturday, June 27, 2026. "This economy is proving difficult for many people and I've always felt that it's important to help people out in a time of need," said David Taylor, Founder and President, VersaBank.

PRNewsWire6/29/2026Neutral
VERSABANK LAUNCHES BREAKTHROUGH REAL-TIME STRUCTURED RECEIVABLE PROGRAM TO POINT-OF-SALE INDUSTRY IN CANADA AND UNITED STATES

– Bank Goes Live with First Real-Time SRP Partner, Financeit, and Expects to Roll Out to Other Partners Imminently – – Industry First, AI-Enabled Real-Time SRP Capability Significantly Expands VersaBank's Addressable Point-of-Sale Market – LONDON, ON, June 29, 2026 /PRNewswire/ - VersaBank (TSX: VBNK) (NASDAQ: VBNK) ("VersaBank" or the "Bank") a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced the launch of its industry breakthrough Real-Time Structured Receivable Program (SRP).  Financeit Canada Inc. ("Financeit"), one of the Bank's largest SRP partners, is the first to utilize the real-time version of the SRP on a large scale following the successful completion, ahead of schedule, of the previously announced pilot program.

PRNewsWire6/29/2026Neutral
VERSABANK FOUNDER AND PRESIDENT, DAVID TAYLOR, HONOURED AND GUEST SPEAKER IN THE GROUNDS OF WESTMINSTER ABBEY, LONDON, UK

Ceremony Marked Launch of Monarchy and Democracy: A History of Leadership , a New Publication Highlighting Achievement and Progress Across Social, Technological, Commercial and Cultural Spheres LONDON, ON, June 10, 2026 /PRNewswire/ - VersaBank (the "Bank") (TSX: VBNK) (NASDAQ: VBNK) today announced that Founder and President, David Taylor, was selected to appear in a new publication entitled Monarchy and Democracy: A History of Leadership, an official History of Parliament project. Monarchy and Democracy "explores the past 100 years – one of the most politically and socially transformative periods in modern history – and the role the Crown has played in the development of democracy across the UK and the Commonwealth, highlighting examples of achievement and progress across social, technological, commercial and cultural spheres".

PRNewsWire6/10/2026Neutral
VersaBank: Growth Is Still Outrunning Expectations

VersaBank operates as a specialized lender, primarily serving financial companies rather than traditional retail consumers. VBNK's Receivable Purchase Program is a key growth engine, enabling third-party financing for diverse sectors like HVAC, solar, and dental services. The bank leverages deposit brokers and intermediaries, avoiding costly branch networks and maintaining lower operating expenses than peers.

Seeking Alpha6/4/2026Neutral
VersaBank Q2 Earnings Call Highlights

VersaBank NASDAQ: VBNK reported record second-quarter fiscal 2026 credit assets and revenue, while management said results were affected by non-core costs tied to its planned corporate reorganization and the sale of its only physical bank branch.

MarketBeat6/3/2026Negative

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Data last updated: 7/9/2026