VBNK

VersaBank
NASDAQFINANCIAL SERVICESBANKS - REGIONAL

Key Statistics

Market Cap
$726.51M
P/E Ratio
29.49
EPS
$0.76
Beta
1.10
52W High
$25.03
52W Low
$11.22
50-Day MA
$20.35
200-Day MA
$17.05
Dividend Yield
0.00%
Profit Margin
22.00%
Forward P/E
11.49
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-Book1.68
Price-to-Sales (TTM)5.27
EV/Revenue6.89
EV/EBITDA
Quarterly Earnings Growth (YoY)-11.50%
Quarterly Revenue Growth (YoY)29.50%
Shares Outstanding$32.42M
Float$20.82M
% Insiders37.33%
% Institutions38.23%

Historical Volatility

HV 10-Day
63.06%
HV 20-Day
48.39%
HV 30-Day
40.97%
HV 60-Day
48.26%
HV Rank
69.4%

Volatility is currently expanding

Analyst Ratings

Consensus ($25.50 target)
2
Strong Buy
1
Buy

Latest News

VersaBank to Participate in the Raymond James US Bank and Banking on Tech Conference in Chicago on September 8-10, 2026

London, Ontario--(Newsfile Corp. - September 4, 2026) - VersaBank  (TSX: VBNK) (NASDAQ: VBNK) (the "Bank"), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced management will participate in the Raymond James US Bank and Banking on Tech Conference in Chicago to be held on September 8-10, 2026. VersaBank management will participate in one-on-one meetings throughout the conference.

Newsfile Corp9/4/2026Neutral
VersaBank Q3 Earnings Call Highlights

VersaBank NASDAQ: VBNK reported record third-quarter fiscal 2026 revenue, credit assets and net interest income, as growth in its U.S. Structured Receivable Program, or SRP, continued to accelerate.

MarketBeat9/3/2026Positive
VersaBank Announces First Implementation of Real-Time Structured Receivable Program in the United States

London, Ontario--(Newsfile Corp. - September 1, 2026) - VersaBank (TSX: VBNK) (NASDAQ: VBNK) (or the "Bank"), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced that its recently launched Real-Time Structured Receivable Program (SRP) has been implemented for the first time in the United States by the Bank's SRP partner ECN Capital. "As expected, there has been a flood of demand for our breakthrough Real-Time SRP from both existing and prospective partners since launch just a couple of months ago," said David Taylor, Founder and President, VersaBank.

Newsfile Corp9/1/2026Neutral
VERSABANK ANNOUNCES SIGNING OF REORGANIZATION AGREEMENT AND FILING AND MAILING OF MATERIALS FOR SPECIAL MEETING OF SHAREHOLDERS TO APPROVE PROPOSED REORGANIZATION

– Board of Directors Unanimously Recommends Shareholders Vote FOR the Proposed Reorganization – LONDON, ON, Aug. 25, 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 its management information circular (the "Circular") and related materials in connection with the Bank's upcoming special meeting of 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") have been filed publicly and are being mailed to shareholders.  Shareholders of record of the Bank at the close of business on August 10, 2026 will receive notice of and be entitled to vote at the Meeting.

PRNewsWire8/25/2026Neutral
VERSABANK FORM S-4 REGISTRATION STATEMENT FOR PROPOSED REORGANIZATION DECLARED EFFECTIVE BY SEC

LONDON, ON, Aug. 5, 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 its Form S-4 registration statement in connection with the Bank's proposed plan to realign its corporate structure to a standard U.S. bank framework (the "Reorganization") (File No. 333-296444) (the "Registration Statement"), previously filed with the U.S. Securities and Exchange Commission (the "SEC"), has been declared effective.

PRNewsWire8/5/2026Neutral
VERSABANK APPOINTS INVESTOR RELATIONS VETERAN LAWRENCE CHAMBERLAIN AS GLOBAL SVP, INVESTOR AND STAKEHOLDER RELATIONS

LONDON, ON, Aug. 4, 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 the appointment of investor relations veteran Lawrence Chamberlain as Global Senior Vice President, Investor and Stakeholder Relations, effective immediately. "Lawrence has played an integral role in VersaBank's investor relations program for the last six years on a consulting basis and has developed a deep understanding of our business, strategy and growth opportunities, transforming the communication of our investment thesis while increasing visibility of that thesis," said David Taylor, Founder and President, VersaBank.

PRNewsWire8/4/2026Neutral
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

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Data last updated: 9/7/2026