Versabank
Versabank is a Canadian financial institution that provides a range of banking services, including commercial and personal banking, wealth management, and investment services.
Business. Versabank (VBNK.TO) is a bank headquartered in Canada that operates within the Banking & Investment Services industry. The company generates revenue primarily through interest income, consistent with standard banking operations. It is listed on the Toronto Stock Exchange under the ticker symbol VBNK.TO. Specific details regarding operating segments or geographic breakdowns are not provided.
Analyst recommendations
2 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Peers
- DividendDividend USD 1.75/sh2026-09-25 · Bank of America (BAC)
- EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · JPMorgan Chase (JPM)
- EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · Citigroup (C)
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Versabank (VBNK.TO) is a bank headquartered in Canada that operates within the Banking & Investment Services industry. The company generates revenue primarily through interest income, consistent with standard banking operations. It is listed on the Toronto Stock Exchange under the ticker symbol VBNK.TO. Specific details regarding operating segments or geographic breakdowns are not provided.
Versabank maintains a relatively strong liquidity position, with a debt-to-equity ratio of 0.2, indicating a low reliance on debt financing. However, the company's net cash position is negative after subtracting total debt, which introduces a medium liquidity risk. The company's free cash flow of 27.97 million CAD supports its operational flexibility, although capital expenditures are minimal at -0.95 million CAD, suggesting a conservative approach to reinvestment.
In terms of profitability, Versabank's return on equity (ROE) of 5.34% is modest, while its return on assets (ROA) of 0.49% is below the typical performance of banks, which often aim for ROA in the 1-2% range. This suggests that the company is not generating strong returns relative to its asset base. The net income of 28.46 million CAD on total assets of 5.81 billion CAD reflects a relatively low margin, which may be a concern for investors seeking higher returns.
Versabank's revenue is concentrated in a single business segment, as no specific segments are disclosed in the available data. The company's geographic exposure is primarily within Canada, with no significant international operations reported. This lack of diversification may expose the company to regional economic fluctuations.
Looking ahead, Versabank's revenue growth is expected to remain stable, with no significant changes in the outlook for the current or next fiscal year. The company's capital expenditures are minimal, and there is no indication of aggressive expansion or investment in new markets. The company's diluted and basic share counts are identical, indicating no immediate dilution risk.
The company faces a medium liquidity risk due to its negative net cash position after debt. While the dilution risk is currently low, the absence of a strong cash position could become a concern if the company needs to raise additional capital in the future. The risk assessment also highlights the need for continued monitoring of the company's liquidity position.
Recent filings and transcripts do not indicate any major events or strategic shifts for Versabank. The company's financial performance appears to be in line with its historical trends, with no significant deviations in revenue or net income.
- Versabank has a low debt-to-equity ratio of 0.2, indicating a conservative capital structure.
- The company's ROE of 5.34% is modest, and its ROA of 0.49% is below the typical performance of banks.
- Versabank's revenue is concentrated in a single business segment, with no significant international operations.
- The company's liquidity risk is medium due to a negative net cash position after debt.
- There is no immediate dilution risk, as the diluted and basic share counts are identical.
- The company's growth trajectory is stable, with no significant changes in the outlook for the current or next fiscal year.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 1,58 |
| Revenue | —no estimate | —no estimate | 153,3M CAD |
| Operating income | —no estimate | —no estimate | 79,3M CAD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Versabank Market data — financials · 2026-05-29
- Versabank Market data — analyst estimates · 2026-05-29
- Versabank Market data — ESG · 2026-05-29
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,01 %$45M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2024-06-300,00 %$0M
Leadership
- Dave R. TaylorPresident, Director
- John AsmaExecutive Vice President
- Michael Richard DixonSenior Vice President
- Tammie AshtonExecutive Vice President