VBNK Financial ServicesBeta data

VersaBank

$22.03+1.50%

Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026

Basics

Sector: Financial Services
Industry: Banks - Regional
Country: Canada
Market cap: 714.4M USD
Full-time employees: 131

Overall health

Drawback: less profitable than most peersless profitable than peers
Drawback: growing more slowly than most peersgrowing more slowly than peers
Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Ranks #772 of 791 banks & insurance companies (bottom 3%)

Based on 3 categories: banks and insurers are not rated on risk.

Scored as a bank or insurer: cash-flow, EBITDA, gross margin and current ratio aren’t scored; they are under “Other data”.

See how it ranks against its peers

Worth knowing

Financials may be out of date. Latest financial period ended 9 months ago.
The latest financial period we have ended 9 months ago, so the scores may not reflect recent results.
Annual revenue rose 5 years in a row. Fiscal-year revenue rose from CAD 54M in FY Oct 2020 to CAD 125M in FY Oct 2025.
VersaBank's fiscal-year revenue rose in each of the five years to FY Oct 2025, from CAD 54M to CAD 125M.
More volatile share price. Beta 1.08: tends to move more than the market.
VersaBank's shares have swung more with the market than most peers' (beta 1.08, above the market's 1.0).

StockQuotient Score

9/ 100

Oct 5 11 → Nov 4 9 (-2)

Fundamentals: Yahoo Finance, not primary filings

Valuation

Is the price right?

10/100

Weak

2/2 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why

Weaker than most peers on:

▼ Earnings yield
▼ P/B

Compare with peers

Behind the score

Earnings yield (P/E) and book yield (P/B) versus other banks and insurers.

Book yield52.4%

Yahoo FinanceReported value40% base weight · Z-score -0.95Sector median: 0.7950 · MAD: 0.2843

Earnings yield3.4%

Yahoo Finance · trailing 12 monthsReported value60% base weight · Z-score -1.79Sector median: 0.0789 · MAD: 0.0253

Other data (not scored)

EBITDA yieldUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: 0.1095 · MAD: 0.0527

Free cash flow yield1.0%

Yahoo Finance · trailing 12 months · CAD→USD converted · operating cash flow − capital spendingReported valueInformational · 0% composite weightSector median: 0.0796 · MAD: 0.0459

Growth

Is it growing?

0/100

Weak

1/1 inputs reported · High confidence

Since last quarter: ▲ Stronger

12-month revenue up 7.0%

Why

Weaker than most peers on:

▼ EPS growth

Compare with peers

Behind the score

Earnings-per-share growth versus other banks and insurers.

Earnings per share growth-39.6%

Yahoo Finance · fiscal year to Oct 2025Outlier capped at sector 5th/95th percentile100% base weight · Z-score -3.12Sector median: 0.1599 · MAD: 0.1775

Other data (not scored)

3-year revenue growth14.0%

SEC filings (IFRS mapped) · 3 years to Jan 2026Reported valueInformational · 0% composite weightSector median: 0.0826 · MAD: 0.0558

Revenue growth20.5%

SEC filings (IFRS mapped) · 12 months to Jan 2026Reported valueInformational · 0% composite weightSector median: 0.0866 · MAD: 0.0782

Profitability

Does it earn well?

18/100

Weak

2/2 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ ROA
▼ ROE

Compare with peers

Behind the score

Return on equity and return on assets versus other banks and insurers.

Return on assets0.5%

SEC filings (IFRS mapped) · 12 months to Jan 2026Reported value50% base weight · Z-score -1.06Sector median: 0.0117 · MAD: 0.0062

Return on equity6.2%

Yahoo Finance · trailing 12 monthsReported value50% base weight · Z-score -1.17Sector median: 0.1074 · MAD: 0.0388

Other data (not scored)

Gross marginUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: Unavailable · MAD: Unavailable

Operating marginUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: 0.1450 · MAD: 0.1678

Return on invested capitalUnavailable

Missing · left out of the scoreInformational · 0% composite weightSector median: Unavailable · MAD: Unavailable

Risk

Debt, liquidity, price swings

Not rated

Not rated for banks and insurers: debt and share-price swings say little about their risk. We leave it blank rather than fill the gap with a made-up middle value.

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about VersaBank

Is VersaBank getting weaker?: Its latest SEC filing (Mar 4, 2026) showed no major changes. Its overall score is unchanged at 9/100 since Oct 28, 2026.
How is VersaBank valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 10/100 against 950 banks & insurance peers. Earnings yield 3.4% vs a peer median of 7.9% (weaker than 88% of peers).Earnings yield 3.4% vs peers 7.9% (weaker than 88% of peers).
Is VersaBank growing?: More slowly than most of its peers. Growth scores 0/100 against 950 banks & insurance peers. Earnings per share growth -39.6% vs a peer median of 16.0% (weaker than 100% of peers).Earnings per share growth -39.6% vs peers 16.0% (weaker than 100% of peers).
How profitable is VersaBank?: Less profitable than most of its peers. Profitability scores 18/100 against 950 banks & insurance peers. Return on assets 0.5% vs a peer median of 1.2% (weaker than 79% of peers).Return on assets 0.5% vs peers 1.2% (weaker than 79% of peers).
How risky is VersaBank?: Not rated for banks and insurers: debt and share-price swings say little about their risk.

Latest filing: what changed

Quarter ended Jan 31, 2026 · filed Mar 4, 2026 · compared with the quarter ended Oct 31, 2025

No major changes

Worth watching: VersaBank is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.

	Previous quarter	Latest quarter	Change
Revenue (12 months)	124.6M CAD	133.3M CAD	+7.0%
Net income (12 months)	28.5M CAD	31.4M CAD	+10.3%
Free cash flow (12 months)	43.5M CAD	188.8M CAD	+334.1%
Cash	581.7M CAD	628.0M CAD	+8.0%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Financials

Fiscal years from SEC annual filings · change vs the prior year · amounts in CAD, as reported

Key ratios	FY Oct 2021	FY Oct 2022	FY Oct 2023	FY Oct 2024	FY Oct 2025	Change
Net margin	34.2%	27.5%	38.8%	35.6%	22.8%	▼ 13 pts
Return on assets (ROA)	0.9%	0.7%	1.0%	0.8%	0.5%	▼ 0.3 pts
Return on equity (ROE)	6.7%	6.5%	11.2%	10.0%	5.3%	▼ 4.6 pts

VBNK price history

Price history is added with the daily price update and will appear after the next one.

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Bringing the fundamentals into focus…

Overall health

Drawback: less profitable than most peersless profitable than peers

Drawback: growing more slowly than most peersgrowing more slowly than peers

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Ranks #772 of 791 banks & insurance companies (bottom 3%)

Based on 3 categories: banks and insurers are not rated on risk.

Scored as a bank or insurer: cash-flow, EBITDA, gross margin and current ratio aren’t scored; they are under “Other data”.

See how it ranks against its peers

Worth knowing

Financials may be out of date. Latest financial period ended 9 months ago.

The latest financial period we have ended 9 months ago, so the scores may not reflect recent results.

Annual revenue rose 5 years in a row. Fiscal-year revenue rose from CAD 54M in FY Oct 2020 to CAD 125M in FY Oct 2025.

VersaBank's fiscal-year revenue rose in each of the five years to FY Oct 2025, from CAD 54M to CAD 125M.

More volatile share price. Beta 1.08: tends to move more than the market.

VersaBank's shares have swung more with the market than most peers' (beta 1.08, above the market's 1.0).

Questions investors ask about VersaBank

Is VersaBank getting weaker?

Its latest SEC filing (Mar 4, 2026) showed no major changes. Its overall score is unchanged at 9/100 since Oct 28, 2026.

How is VersaBank valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 10/100 against 950 banks & insurance peers. Earnings yield 3.4% vs a peer median of 7.9% (weaker than 88% of peers).Earnings yield 3.4% vs peers 7.9% (weaker than 88% of peers).

Is VersaBank growing?

More slowly than most of its peers. Growth scores 0/100 against 950 banks & insurance peers. Earnings per share growth -39.6% vs a peer median of 16.0% (weaker than 100% of peers).Earnings per share growth -39.6% vs peers 16.0% (weaker than 100% of peers).

How profitable is VersaBank?

Less profitable than most of its peers. Profitability scores 18/100 against 950 banks & insurance peers. Return on assets 0.5% vs a peer median of 1.2% (weaker than 79% of peers).Return on assets 0.5% vs peers 1.2% (weaker than 79% of peers).

How risky is VersaBank?

Not rated for banks and insurers: debt and share-price swings say little about their risk.

Previous quarter

Latest quarter

Change

Revenue (12 months)

124.6M CAD

133.3M CAD

+7.0%

Net income (12 months)

28.5M CAD

31.4M CAD

+10.3%

Free cash flow (12 months)

43.5M CAD

188.8M CAD

+334.1%

Cash

581.7M CAD

628.0M CAD

+8.0%

Key ratios

FY Oct 2021

FY Oct 2022

FY Oct 2023

FY Oct 2024

FY Oct 2025

Change

Net margin

34.2%

27.5%

38.8%

35.6%

22.8%

▼ 13 pts

Return on assets (ROA)

0.9%

0.7%

1.0%

0.8%

0.5%

▼ 0.3 pts

Return on equity (ROE)

6.7%

6.5%

11.2%

10.0%

5.3%

▼ 4.6 pts