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VersaBank (VBNK)

Financial Services | Banks - Regional | London, Canada | NasdaqGS
22.18 USD -0.21 (-0.938%) ⇩ (Oct. 16, 2026, 3:49 p.m. EDT)

Short-term:★★★☆☆Long-term:★★★⯪☆Dividends:★★☆☆☆
Hot Take ↕ | Oct. 10, 2026, 1:39 a.m. EDT

VersaBank presents a compelling turnaround story driven by aggressive management restructuring and a pending merger, yet the market remains cautious due to the company's precarious financial health. Fundamentally, the business shows signs of life with revenue growing nearly 29% and earnings surging 55%, supported by a massive expansion in the loan portfolio. However, these gains are being weighed against severe operational distress: the company burned through over $1.2 billion in operating cash flow last year and carries a heavy debt load relative to its small size. The balance sheet is fragile, with negative equity and a return on equity that barely clears the hurdle for a healthy bank. While the forward P/E suggests analysts expect a significant multiple compression or earnings catch-up, the current price reflects deep skepticism about the sustainability of this growth without further capital infusion. The upcoming shareholder vote on the reorganization is the critical catalyst; approval could unlock value by cleaning up the balance sheet, but rejection leaves the company in a precarious position. For investors, this is a high-risk, high-reward speculative play on a turnaround rather than a stable income vehicle, given the negligible dividend yield and the company's cash burn.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.099917
MSTL0.102108
AutoARIMA0.102857
AutoTheta0.106298

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 37%
H-stat 31.90
Ljung-Box p 0.000
Jarque-Bera p 0.079
Excess Kurtosis -1.25
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-10-08
Last Dividend Date 2026-10-08
Revenue per Share 4.562
Market Cap 719,055,232
Trailing P/E 29.18
Forward P/E 12.73
Beta 1.00
Profit Margins 23.11%
Website https://www.versabank.com

As of Oct. 10, 2026, 1:39 a.m. EDT: Speculator positioning is extremely thin and fragmented. Call volume is concentrated in December 2026 at the $22.50 strike, suggesting a modest bet on a bounce toward the $25 target, while put interest is scattered across various expirations with minimal open interest. The lack of significant open interest or volume in near-term strikes indicates a lack of consensus on immediate directional moves, reflecting the stock's low liquidity and the uncertainty surrounding the pending corporate reorganization.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.08% 0.27% 0.52% 0.68%
Dividend History
Date Dividend Yield %
2026-10-09 0.018 0.081670
2026-07-10 0.018 0.082721
2026-04-10 0.018 0.107143
2025-10-10 0.018 0.150754
2025-07-07 0.018 0.154905
2025-04-04 0.018 0.195865
2025-01-10 0.017 0.126582
2024-10-04 0.018 0.135338
2024-07-05 0.018 0.168382
2024-04-04 0.018 0.174757
2024-01-04 0.019 0.169340
2023-10-05 0.018 0.235294
2023-07-06 0.019 0.258503
2023-04-05 0.019 0.253773
2023-01-05 0.019 0.251656
2022-10-06 0.018 0.251748
2022-07-07 0.019 0.264993
2022-04-07 0.020 0.171233
2022-01-06 0.020 0.164204
2021-09-29 0.020 0.178571
Additional Data
dividendRate 0.07
dividendYield 0.31
exDividendDate 2026-10-09
trailingAnnualDividendRate 0.025
trailingAnnualDividendYield 0.00111657
lastDividendValue 0.018
lastDividendDate 2026-10-09
dividendDate 2026-10-31

Info Dump

Attribute Value
52 Week Change 0.8705096
Address1 140 Fullarton Street
Address2 Suite 2002
All Time High 25.05
All Time Low 6.365
Ask 28.4
Ask Size 2
Audit Risk 8
Average Analyst Rating 1.7 - Buy
Average Daily Volume10 Day 143,840
Average Daily Volume3 Month 127,029
Average Volume 127,029
Average Volume10Days 143,840
Beta 1.002
Bid 16.04
Bid Size 2
Board Risk 7
Book Value 12.273081
City London
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 22.18
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 22.635
Day Low 22.0635
Dividend Date 1,793,404,800
Dividend Rate 0.07
Dividend Yield 0.31
Earnings Call Timestamp End 1,788,440,400
Earnings Call Timestamp Start 1,788,440,400
Earnings Growth 0.55
Earnings Quarterly Growth 0.528
Earnings Timestamp 1,788,438,600
Earnings Timestamp End 1,788,438,600
Earnings Timestamp Start 1,788,438,600
Ebitda Margins 0.0
Enterprise To Revenue 2.326
Enterprise Value 340,791,168
Eps Current Year 1.05633
Eps Forward 1.742
Eps Trailing Twelve Months 0.76
Esg Populated 0
Ex Dividend Date 1,791,504,000
Exchange NMS
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 21.2972
Fifty Day Average Change 0.88280106
Fifty Day Average Change Percent 0.04145151
Fifty Two Week Change Percent 87.050964
Fifty Two Week High 25.05
Fifty Two Week High Change -2.869999
Fifty Two Week High Change Percent -0.11457082
Fifty Two Week Low 11.25
Fifty Two Week Low Change 10.93
Fifty Two Week Low Change Percent 0.9715556
Fifty Two Week Range 11.25 - 25.05
Financial Currency CAD
First Trade Date Milliseconds 1,630,071,000,000
Five Year Avg Dividend Yield 0.64
Float Shares 20,785,817
Forward Eps 1.742
Forward P E 12.7324915
Full Exchange Name NasdaqGS
Full Time Employees 131
Fullday Change -0.20999908
Fullday Change Percent -0.93791467
Fullday Price 22.18
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.0
Gross Profits 146,490,000
Has Pre Post Market Data 1
Held Percent Insiders 0.37195998
Held Percent Institutions 0.38329
Implied Shares Outstanding 32,419,079
Industry Banks - Regional
Industry Disp Banks - Regional
Industry Key banks-regional
Ipo Expected Date 2,021-09-22
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,791,504,000
Last Dividend Value 0.018
Last Fiscal Year End 1,761,868,800
Long Business Summary VersaBank provides various banking products and services in Canada and the United States. The company operates through four segments: Digital Banking Canada, Digital Banking USA, DRTC (Cybersecurity), and Digital Meteor. It offers deposit products, such as guaranteed investment certificates, registered retirement savings plans, and tax-free savings accounts, as well as deposit insurance products. The company also provides lending services, including point of sale financing that covers purchasing loan and lease receivables from finance companies operating in various industries; commercial real estate mortgages and loans, public sector, leases, and other financing. In addition, it provides cybersecurity services. 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.
Long Name VersaBank
Market us_market
Market Cap 719,055,232
Market State REGULAR
Max Age 86,400
Message Board Id finmb_6571807
Most Recent Quarter 1,785,456,000
Net Income To Common 33,858,000
Next Fiscal Year End 1,793,404,800
Non Diluted Market Cap 744,849,235
Number Of Analyst Opinions 2
Open 22.28
Operating Cashflow -1,267,964,032
Operating Margins 0.35544997
Overall Risk 5
Payout Ratio 0.0952
Phone 519 645 1919
Previous Close 22.39
Price Eps Current Year 20.997227
Price Hint 2
Price To Book 1.8072072
Price To Sales Trailing12 Months 4.9085617
Profit Margins 0.23113
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.66667
Region US
Regular Market Change -0.20999908
Regular Market Change Percent -0.93791467
Regular Market Day High 22.635
Regular Market Day Low 22.0635
Regular Market Day Range 22.0635 - 22.635
Regular Market Open 22.28
Regular Market Previous Close 22.39
Regular Market Price 22.18
Regular Market Time 1,792,180,148
Regular Market Volume 46,765
Return On Assets 0.00548
Return On Equity 0.06191
Revenue Growth 0.284
Revenue Per Share 4.562
Sand P52 Week Change 0.16207206
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 3
Shares Outstanding 32,419,079
Shares Percent Shares Out 0.014099999
Shares Short 456,129
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 225,630
Short Name VersaBank
Short Ratio 2.86
Source Interval 15
State ON
Symbol VBNK
Target High Price 28.0
Target Low Price 23.0
Target Mean Price 25.5
Target Median Price 25.5
Total Cash 492,313,984
Total Cash Per Share 15.186
Total Debt 107,242,000
Total Revenue 146,490,000
Tradeable 0
Trailing Annual Dividend Rate 0.025
Trailing Annual Dividend Yield 0.00111657
Trailing Eps 0.76
Trailing P E 29.184212
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 18.347475
Two Hundred Day Average Change 3.8325253
Two Hundred Day Average Change Percent 0.2088857
Type Disp Equity
Volume 46,765
Website https://www.versabank.com
Zip N6A 5P2