profit from every $100 of sales.
$0$100
VersaBank
$23.81-0.67% today
+104.2% in 1 year
1-year low $11.261-year high $24.76
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $38.70 for every $1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What VersaBank sold, what it kept, and what it did with the cash.
Sales went from CA$82.4 million in 2022 to CA$125 million in 2025, with CA$28.5 million of profit last year.
SalesProfit
VersaBank handed back 28% of the cash it generated last year.
Buybacks CA$9MCA$3M
Free cash flow 2025CA$43M
Bought back its own sharesCA$9M
Paid as dividendsCA$3M
Cash vs. debtCA$582M vs. CA$109M
VersaBank vs. similar companies
VersaBank grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| VersaBank | 38.7× · Expensive | ||
 China Merchants Bank | 7.7× · Cheap | ||
 DBS Group Holdings | 18.2× · Fair price | ||
 UniCredit | 11.5× · Cheap | ||
 HDFC Bank | 18.6× · Fair price |
AI analysis
An AI analyst reads VersaBank's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 82 | 109 | 112 | 125 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 23 | 42 | 40 | 28 | |
| 0.79 | 1.57 | 1.49 | 0.90 | |
| – | – | – | – | |
| – | – | – | – | |
| 27.5% | 38.8% | 35.6% | 22.8% |
Balance sheet
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 3,266 | 4,202 | 4,838 | 5,808 |
| Cash | 89 | 132 | 225 | 582 |
| Total debt | 109 | 111 | 109 | 109 |
| Total liabilities | 2,915 | 3,824 | 4,439 | 5,276 |
| 351 | 377 | 399 | 533 | |
| 29 | 26 | 26 | 32 | |
| – | – | – | – | |
| 6.5% | 11.2% | 10.0% | 5.3% |
Cash flow
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -33 | 95 | 273 | 44 | |
| 1 | 0 | 19 | 1 | |
| -33 | 94 | 254 | 43 | |
| Dividends paid | 4 | 4 | 4 | 3 |
| 2 | 13 | 15 | 9 | |
| 1 | 1 | 0 | 0 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 38.7×
- 14.7×
- 8.71
- 1.5×
- 8.8×
- 2.6%
- 0.3%
Profitability
- 22.8%
- 0.5%
- 6.2%
- 5.9%
- 0.5%
Growth
- +14.8%
- +4.4%
- −6.6%
- +9.7%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 17%of 754
Bottom 34%of 605
Bottom 13%of 883
Top 35%of 880
Bottom 48%of 929
What analysts expect
- Average price target
- $13.00
- Range
- $13.00 – $13.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 4, 2026 | 0.27 | 0.27 | +0.0% |
| Dec 10, 2025 | 0.24 | 0.24 | +0.0% |
| Sep 4, 2025 | 0.22 | 0.20 | +10.0% |
| Jun 4, 2025 | 0.18 | 0.21 | −14.3% |
| Mar 5, 2025 | 0.20 | 0.29 | −31.0% |
| Dec 9, 2024 | 0.28 | 0.20 | +42.3% |
| Sep 5, 2024 | 0.26 | 0.33 | −21.6% |
| Jun 5, 2024 | 0.33 | 0.33 | −2.2% |
0.3%of the share price, paid each year
On $1,000 invested$3a year at today's yield, before tax
−6.6%2020 to 2025
Raised–not every year
Paid per share, each year
$0.03 in 2018 → $0.07 in 2025
How safe it looks
11.4% of its profit
Room to growStretchedMore than it earns: 7.4%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
38No pass
Benjamin Graham
46No pass
Philip Fisher
38No pass
Peter Lynch
33No pass
Joel Greenblatt
6No pass
Charlie Munger
34No pass
Terry Smith
34No pass
Questions about VersaBank
Is VersaBank a good stock to buy?
A strong, very profitable business, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the VersaBank AI analysis
What does VersaBank do?
VersaBank, a schedule I chartered bank, provides various banking products and services in Canada. It is in Banks - Regional.
Does VersaBank pay a dividend?
Yes. At today's price the dividend is 0.3% a year, about 11% of its yearly profit. In 2025 it paid out $3.24 million in dividends.
Is VersaBank stock halal?
No. VersaBank does not pass our halal screen: its main business, banking, is not permitted. How we check
How has VersaBank stock done over the past year?
Up 104.2% over the past twelve months, to $23.81. It traded between $11.26 and $24.76 and is 3.8% below its high.
Who are VersaBank's competitors?
The largest listed companies in the same industry are China Merchants Bank, DBS Group Holdings, UniCredit and HDFC Bank. The peers table on this page compares their profit, growth and price with VersaBank's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.