VBNK

VersaBank
NASDAQFINANCIAL SERVICESBANKS - REGIONAL

Key Statistics

Market Cap
$626.85M
P/E Ratio
29.50
EPS
$0.66
Beta
1.10
52W High
$25.03
52W Low
$10.05
50-Day MA
$19.80
200-Day MA
$15.95
Dividend Yield
0.51%
Profit Margin
22.00%
Forward P/E
11.03
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$12.21
Price-to-Book1.61
Price-to-Sales (TTM)4.55
EV/Revenue7.02
EV/EBITDA
Quarterly Earnings Growth (YoY)-11.50%
Quarterly Revenue Growth (YoY)29.50%
Shares Outstanding$32.20M
Float$20.14M
% Insiders37.36%
% Institutions38.12%

Historical Volatility

HV 10-Day
17.34%
HV 20-Day
60.68%
HV 30-Day
54.69%
HV 60-Day
48.66%
HV Rank
93.3%

Volatility is currently contracting

Analyst Ratings

Consensus ($24.00 target)
2
Strong Buy
1
Buy

Latest News

VERSABANK CALLS SPECIAL SHAREHOLDER MEETING TO APPROVE PROPOSED REORGANIZATION

– Bank Expects SEC to Declare Effective the S-4 Registration Statement for Proposed Reorganization  in the Coming Weeks – LONDON, ON, July 28, 2026 /PRNewswire/ -- VersaBank (or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced it will hold a special meeting for its shareholders ("the Meeting") to consider and vote on its proposed plan to realign its corporate structure to a standard U.S. bank framework (the "Reorganization").  The Meeting will be held in person at 1979 Otter Place, London, Ontario on September 16, 2026, at 10:30 a.m.

PRNewsWire7/28/2026Neutral
VERSABANK TO PARTICIPATE IN THE KBW SUMMER BANK CONFERENCE IN NEW YORK CITY ON JULY 28-29, 2026

LONDON, ON, July 24, 2026 /PRNewswire/ -- VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced management will participate in the KBW Summer Bank Conference in New York City on July 28-29, 2026. VersaBank management will participate in one-on-one meetings throughout the conference, discussing the continuing strong momentum of its Structured Receivable Program in the United States, as well as the Bank's significant near-term opportunities for its proprietary digital asset technology, leading capabilities and early mover advantage for both the stablecoin and tokenized deposit markets.

PRNewsWire7/24/2026Neutral
VERSABANK WELCOMES BACK FINANCING INDUSTRY VETERAN MOE DANIS TO SUPPORT ANTICIPATED GROWTH OF REAL-TIME SRP

LONDON, ON, July 23, 2026 /PRNewswire/ -- VersaBank ("VersaBank" or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced it has added point-of-sale financing industry veteran Moe Danis, CFA, to the Bank's Structured Receivable Program (SRP) team to support business development in response to increased demand following the Bank's launch of its Real-Time SRP, with a particular focus on specialized large-partner opportunities in the U.S. market. "Previously with the Bank from 2010 to 2016, Moe knows the point-of-sale financing industry and, more importantly, knows VersaBank's SRP, having been integral to its early development and roll out," said David Taylor, Founder and President, VersaBank.

PRNewsWire7/23/2026Neutral
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

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Data last updated: 7/29/2026