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VBNKVersaBank
$21.73$700M
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VBNK logoVersaBank(VBNK)Earnings, Financials & Key Ratios

VBNK•NASDAQ•Banking & Credit
$21.73
34.3× P/E·Price updated Jul 7, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryNon-US regional and universal banks
AboutVersaBank, a schedule I chartered bank, provides various banking products and services in Canada. The company offers deposit products, such as guaranteed investment certificates, registered retirement savings plans, daily interest savings accounts, and tax-free savings accounts, as well as deposit insurance products. It also provides lending services, including point of sale financing that involves purchasing loan and lease receivables from finance companies operating in various industries; and commercial banking services comprising commercial real estate, public sector/infrastructure financing, condominium financing, and residential mortgages. The company was formerly known as Pacific & Western Bank of Canada and changed its name to VersaBank in May 2016. VersaBank was incorporated in 1979 and is headquartered in London, Canada.Show more
  • Net Interest Income$116M+13.2%
  • Total Revenue$120M+7.7%
  • Net Income$28M-28.4%
  • Return on Equity6.11%-40.4%
  • Net Interest Margin2%-5.7%
  • Efficiency Ratio65.49%+28.0%
  • ROA0.53%-39.2%
  • Equity / Assets9.17%+11.2%
  • Book Value per Share16.91+10.0%

VBNK Price & Volume

VersaBank (VBNK) stock price & volume — 10-year historical chart

Loading chart...

Digital Branchless Model Drives Asset Expansion

Investment Thesis • Updated 2026Q2

VerdictNeutral
Growth:Expanding
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Broker deposit rate sensitivity

Key Thesis Takeaways

  • VersaBank leverages a unique branchless digital infrastructure to achieve significant asset growth, scaling total assets from $4.3B in 2024Q1 to $6.4B by 2026Q2.
  • While the bank maintains a lean 32.1% efficiency ratio, investors should monitor the persistent 0.6% net interest margin, which suggests ongoing sensitivity to broker-sourced funding costs.
  • The firm's reliance on POS financing holdbacks provides a structural buffer against credit losses, though the volatility in operating cash flows warrants cautious oversight of liquidity management.

Verdict Logic

while the bank demonstrates scalable growth with a 27.2% NII increase, the 30.39 TTM P/E ratio and stagnant 0.6% NIM suggest limited near-term upside potential.

VBNK Growth Metrics

VersaBank (VBNK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years6.2%
5 Years6.89%
3 Years-3.2%
TTM-

Profit CAGR

10 Years13.23%
5 Years7.96%
3 Years7.89%
TTM-4.7%

EPS CAGR

10 Years10.55%
5 Years1.88%
3 Years4.44%
TTM-14.55%

Return on Capital

10 Years6.17%
5 Years7.38%
3 Years7.44%
Last Year5.06%

VBNK Recent Earnings

VersaBank (VBNK) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 7/12 qtrs (58%)
Q3 2026Latest
Jun 3, 2026
Metric
Actual
Est
EPS
$0.28+9.2%
$0.26
Rev
$28M+4.9%
$27M
Q2 2026
Mar 4, 2026
Metric
Actual
Est
EPS
$0.27+0.0%
$0.27
Rev
$27M+10.1%
$24M
Q2 2026
Mar 3, 2026
Metric
Actual
Est
EPS
$0.27+0.0%
$0.27
Rev
$27M+10.1%
$24M
Q4 2025
Dec 10, 2025
Metric
Actual
Est
EPS
$0.24+0.0%
$0.24
Rev
$80M+121.9%
$36M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026LatestJun 3, 2026
$0.28vs $0.26+9.2%
$28Mvs $27M+4.9%
Q2 2026Mar 4, 2026
$0.27vs $0.27+0.0%
$27Mvs $24M+10.1%
Q2 2026Mar 3, 2026
$0.27vs $0.27+0.0%
$27Mvs $24M+10.1%
Q4 2025Dec 10, 2025
$0.24vs $0.24+0.0%
$80Mvs $36M+121.9%
Based on last 12 quarters of dataView full earnings history →

Latest VBNK News

Recent stock market news and headlines for VersaBank (VBNK)

PRNewsWire·Jun 29, 2026
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.

Zacks Investment Research·Jun 25, 2026
Is VersaBank (VBNK) a Solid Growth Stock? 3 Reasons to Think "Yes"

VersaBank (VBNK) possesses solid growth attributes, which could help it handily outperform the market.

Peers Comparison

Key metrics vs top competitors for VersaBank (VBNK)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
VBNK logoVBNKVersaBankCurrent
$21.73$699.61M34.317.7%23.67%6.11%0.33%
CUBI logoCUBICustomers Bancorp, Inc.
$76.66$2.58B12.363.94%15.84%11.25%—
AX logoAXAxos Financial, Inc.
$98.48$5.58B13.259.16%99.31%16.6%—
BSVN logoBSVNBank7 Corp.
$51.75$492.63M11.50-3.87%31.77%18.18%—
NBTB logoNBTBNBT Bancorp Inc.
$49.63$2.58B14.9010.36%19.66%9.83%—
SOFI logoSOFISoFi Technologies, Inc.
$17.75$22.77B45.5128.78%11.22%6.25%—

Compare VBNK vs Peers

VersaBank (VBNK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CUBI

Most directly comparable listed peer for VBNK.

Scale Benchmark

vs COIN

Larger-name benchmark to compare VBNK against a more recognizable public peer.

Peer Set

Compare Top 5

vs CUBI, AX, BSVN, NBTB

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VBNK Frequently Asked Questions

VersaBank (VBNK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is VersaBank growing?

VersaBank (VBNK) grew revenue by 7.7% over the past year. This is steady growth.

Is VBNK profitable?

Yes, VersaBank (VBNK) is profitable, generating $30.4M in net income for fiscal year 2025 (23.7% net margin).

Dividend & Returns
Does VBNK pay dividends?

Yes, VersaBank (VBNK) pays a dividend with a yield of 0.33%. This makes it attractive for income-focused investors.

What is VBNK's return on equity?

VersaBank (VBNK) has a return on equity (ROE) of 6.1%. This is below average, suggesting room for improvement.

Industry Metrics
What is VersaBank's net interest margin?

VersaBank (VBNK) has a net interest margin (NIM) of 2.0%. NIM has been under pressure due to interest rate environment.

What is VersaBank's efficiency ratio?

VersaBank (VBNK) has an efficiency ratio of 65.5%. This is higher than peers, suggesting room for cost optimization.

What if you invested $1,000 in VBNK back in 2011?

Total return calculator · dividends reinvested · 15+ years of data

See returns →