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MARKETS / NASDAQ / VBNK
NASDAQ · COMMERCIAL BANKS, NEC

VersaBank VBNK

6 fiscal years on record · CAD · FY2025 reported · SEC filings only
CAD 124.6M
▲ 11.7% YoY
CAD 28.5M
▼ 28.4% YoY
CAD 43.5M
▼ 82.9% YoY
In brief

What this company does

Following its acquisition of SBH on August 30, 2024, the Bank established four reportable operating segments: Digital Banking Canada, Digital Banking USA, DRTC and RBDT. Through its RPP Program, VersaBank invests in the cashflows from its network of origination partners, who offer point-of-sale loans and leases to consumers and commercial clients in various markets throughout Canada and the U.S. DRTC, a wholly owned subsidiary, is headquartered in Minneapolis, Minnesota and services clients globally.

Written from the business description in VersaBank's annual report to the U.S. Securities and Exchange Commission, filed 10 December 2025. Every sentence was checked against that document before publication.

Growth
CAD 124.6M
Revenue, FY2025 · full 6-year series below
Revenue CAD M Net income CAD M
FY2025 · Revenue 124.6 · Net income 28.5
50M100M202020212022202320242025
Compound annual growth
+14.8%
+18.1%
+7.9%
+8.0%
−4.6%
−5.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +18.1% a year over five years — but profit grew slower: net income at +8.0%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
23 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Net 22.8%
10%20%30%202020212022202320242025
ROE

Not available in our data for this period.

Cash & shareholders
CAD 3.2M
returned in FY2025 · dividends + net buybacks
Free cash flow CAD M
FY2025 · FCF 43.5
100M200M-40M-80M202020212022202320242025
Net buybacks CAD M Dividends CAD M
FY2025 · Dividends 3.2 · Net buybacks —
2M4M202020212022202320242025

CAD 3.2M in dividends — 11% of the year's profit went back to shareholders.

Total assetsCAD 5.8B
CashCAD 581.7M
DepositsCAD 4.9B

Not available: we don't have the total debt figure for this period.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · CAD
row low → row highnegative
Metric 202520242023202220212020
Revenue CAD B0.10.10.10.10.10.1
Operating income CAD B······
EBITDA CAD B······
Income tax CAD B0.00.00.00.00.00.0
Net income CAD B0.00.00.00.00.00.0
Free cash flow CAD B0.00.30.1−0.0−0.10.1
EPS, diluted CAD 0.901.491.570.790.960.82
Dividend / sh CAD ·0.100.10···
Payout %1199161722
ROE %······

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures · 1 divergences in 18 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 39 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures1 divergent
ActivityCommercial Banks, NEC
Listed onNASDAQ
Incorporated inoutside the United States — SEC code Z4
Fiscal year endsOctober 31
SEC categoryemerging growth company
Data on record since2020

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