Loading…
Employees: 131
Size VersaBank (VBNK.TO) is a Canada Financials company (Regional Banks) with a market value of $752M, the 288th largest of 420 Canada companies the cockpit tracks. Shares closed at C$32.51 on 6 Nov 2026.
Performance Over six months the shares gained 27.5%, against +8.2% for the median peer and +5.2% for the Canada market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue grew 13.8% over the last twelve months (peer median +7.7%); the operating margin is 33.2% (peer median 35.4%).
Valuation It trades at 1.86× book value against a peer median of 1.19× (most expensive of 21).
Price implies The share price implies a return on equity of about 13.6%; VersaBank delivers 6.2%, so the price asks more than the business earns today.
Next results Next results expected around 16 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$341M | C$304M | C$294M | C$238M | C$133M |
| Revenue growth | — | +3% | +24% | +79% | — |
| Net income | C$33.9M | C$28.5M | C$39.7M | C$42.2M | C$22.7M |
| Free cash flow | C$103M | C$149M | C$38.7M | C$104M | C$56.9M |
| Capital expenditure | C$6.12M | C$954,000 | C$18.6M | C$362,000 | C$581,000 |
| Total debt | C$107M | C$106M | C$106M | C$111M | C$109M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | VBNK.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.1% | +0.6% | 4th highest of 21 |
| 6-month return | +27.5% | +8.2% | 4th highest of 21 |
| Return on equity | 6.2% | 11.3% | 6th lowest of 20 |
| Price / book | 1.86× | 1.19× | most expensive of 21 |
| Trailing P/E | 30.8× | 11.7× | most expensive of 19 |
| ROE the price implies | 13.6% | 9.1% | 2nd most demanding of 20 |
| ROE delivered | 6.2% | 11.3% | 6th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| VersaBank VBNK.TO | Canada | $752M | +27% | +14% | 6% | 1.86× | 13.6% | 6.2% |
| SpareBank 1 Ringerike Hadeland RING.OL | Norway | $752M | +2% | -4% | 13% | 1.40× | 6.9% | 13.0% |
| Shore Bancshares SHBI | United States | $746M | +14% | +3% | 11% | 1.21× | 10.2% | 11.5% |
| HomeTrust Bancshares HTB | United States | $743M | +2% | -3% | 11% | 1.30× | 10.6% | 11.3% |
| Jinshang Bank 2558.HK | Hong Kong | $741M | -31% | -5% | 6% | 0.18× | 3.5% | 6.1% |
| Washington Trust Bancorp WASH | United States | $737M | +19% | +30% | 12% | 1.39× | 10.6% | 12.0% |
| Yamagata Bank 8344.T | Japan | $736M | +49% | +25% | 5% | 0.75× | 5.3% | 5.1% |
| Ehime Bank 8541.T | Japan | $733M | +66% | +8% | 5% | 0.80× | 5.2% | 5.1% |
| Akita Bank 8343.T | Japan | $731M | +107% | +29% | 5% | 0.61× | 5.3% | 5.0% |
| Financial Institutions FISI | United States | $776M | +12% | +42% | 30% | 1.29× | n/a | 30.0% |
| AGI AGBK | United States | $777M | -31% | n/a | n/a | 0.84× | 11.3% | n/a |
| Peoples Financial Services PFIS | United States | $723M | +22% | +4% | 12% | 1.37× | 10.7% | 11.7% |
| Luzhou Bank 1983.HK | Hong Kong | $790M | -5% | +6% | 14% | 0.45× | 4.0% | 14.0% |
| Close Brothers CBG.L | United Kingdom | $791M | -10% | -12% | -6% | 0.40× | 8.8% | -5.9% |
| South Plains Financial SPFI | United States | $800M | +4% | +10% | 13% | 1.28× | 8.4% | 12.6% |
| Independent Bank IBCP | United States | $802M | +5% | +3% | 14% | 1.39× | 10.6% | 13.5% |
| Community West Bancshares CWBC | United States | $705M | +8% | +23% | 7% | 1.17× | 10.1% | 6.7% |
| California BanCorp BCAL | United States | $696M | +13% | -4% | 10% | 1.20× | 7.5% | 10.2% |
| Peapack-Gladstone Financial PGC | United States | $814M | +7% | +11% | 9% | 1.10× | 9.1% | 8.9% |
| SmartFinancial SMBK | United States | $816M | +13% | +10% | 11% | 1.40× | 10.8% | 11.1% |
| DCB Bank DCBBANK.NS | India | $688M | +8% | +10% | 13% | 0.94× | 16.4% | 13.0% |