VERSABANK (VBNK.CA) Stock Fundamental Analysis
TSX:VBNK - CA92512J1066 - Common Stock
15.02 CAD
+0.15 (+1.01%)
We assign a fundamental rating of 4 out of 10 to VBNK. VBNK was compared to 27 industry peers in the Banks industry. The financial health of VBNK is average, but there are quite some concerns on its profitability. VBNK is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
VBNK had positive earnings in the past year.
VBNK had a positive operating cash flow in the past year.
Each year in the past 5 years VBNK has been profitable.
The reported operating cash flow has been mixed in the past 5 years: VBNK reported negative operating cash flow in multiple years.
1.2 Ratios
VBNK has a worse Return On Assets (0.62%) than 66.67% of its industry peers.
The Return On Equity of VBNK (5.94%) is worse than 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.62% | ||
| ROE | 5.94% | ||
| ROIC | N/A |
ROA(3y)0.81%
ROA(5y)0.84%
ROE(3y)8.94%
ROE(5y)7.96%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
VBNK has a Profit Margin (27.97%) which is comparable to the rest of the industry.
VBNK's Profit Margin has been stable in the last couple of years.
The Operating Margin and Gross Margin are not available for VBNK so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 27.97% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y2.95%
PM growth 5Y0.79%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
VBNK does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, VBNK has about the same amount of shares outstanding.
The number of shares outstanding for VBNK has been increased compared to 5 years ago.
VBNK has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of VBNK is 2.15, which is a good value as it means it would take VBNK, 2.15 years of fcf income to pay off all of its debts.
VBNK has a better Debt to FCF ratio (2.15) than 100.00% of its industry peers.
VBNK has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of VBNK (0.20) is better than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 2.15 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC27.26%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for VBNK have decreased strongly by -38.20% in the last year.
VBNK shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.92% yearly.
VBNK shows a decrease in Revenue. In the last year, the revenue decreased by -1.00%.
VBNK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.67% yearly.
EPS 1Y (TTM)-38.2%
EPS 3Y15.78%
EPS 5Y11.92%
EPS Q2Q%-42.22%
Revenue 1Y (TTM)-1%
Revenue growth 3Y19.53%
Revenue growth 5Y15.67%
Sales Q2Q%6.82%
3.2 Future
The Earnings Per Share is expected to grow by 25.62% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 29.96% on average over the next years. This is a very strong growth
EPS Next Y-21.96%
EPS Next 2Y25.62%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year19.21%
Revenue Next 2Y29.96%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 13.65, which indicates a correct valuation of VBNK.
Based on the Price/Earnings ratio, VBNK is valued more expensive than 85.19% of the companies in the same industry.
VBNK's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.24.
VBNK is valuated cheaply with a Price/Forward Earnings ratio of 6.39.
62.96% of the companies in the same industry are cheaper than VBNK, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.82, VBNK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.65 | ||
| Fwd PE | 6.39 |
4.2 Price Multiples
77.78% of the companies in the same industry are cheaper than VBNK, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.93 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as VBNK's earnings are expected to grow with 25.62% in the coming years.
PEG (NY)N/A
PEG (5Y)1.15
EPS Next 2Y25.62%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.67%, VBNK is not a good candidate for dividend investing.
With a Dividend Yield of 0.67, VBNK pays less dividend than the industry average, which is at 4.91. 96.30% of the companies listed in the same industry pay a better dividend than VBNK!
Compared to an average S&P500 Dividend Yield of 2.32, VBNK's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.67% |
5.2 History
The dividend of VBNK decreases each year by -4.67%.
VBNK has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-4.67%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
10.89% of the earnings are spent on dividend by VBNK. This is a low number and sustainable payout ratio.
DP10.89%
EPS Next 2Y25.62%
EPS Next 3YN/A
TSX:VBNK (8/22/2025, 7:00:00 PM)
15.02
+0.15 (+1.01%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners36.13%
Inst Owner ChangeN/A
Ins Owners0.92%
Ins Owner ChangeN/A
Market Cap484.24M
Analysts82.5
Price Target20.23 (34.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.67% |
Yearly Dividend0.14
Dividend Growth(5Y)-4.67%
DP10.89%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-19.78%
Min EPS beat(2)-29.01%
Max EPS beat(2)-10.56%
EPS beat(4)0
Avg EPS beat(4)-29.26%
Min EPS beat(4)-52.56%
Max EPS beat(4)-10.56%
EPS beat(8)2
Avg EPS beat(8)-13.99%
EPS beat(12)4
Avg EPS beat(12)-8.25%
EPS beat(16)4
Avg EPS beat(16)-10.06%
Revenue beat(2)1
Avg Revenue beat(2)-7.62%
Min Revenue beat(2)-16.53%
Max Revenue beat(2)1.29%
Revenue beat(4)1
Avg Revenue beat(4)-8.79%
Min Revenue beat(4)-16.53%
Max Revenue beat(4)1.29%
Revenue beat(8)1
Avg Revenue beat(8)-9.32%
Revenue beat(12)4
Avg Revenue beat(12)-5.97%
Revenue beat(16)5
Avg Revenue beat(16)-4.13%
PT rev (1m)0%
PT rev (3m)-7.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-30.77%
EPS NY rev (1m)-22.18%
EPS NY rev (3m)-22.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.08%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.65 | ||
| Fwd PE | 6.39 | ||
| P/S | 4.31 | ||
| P/FCF | 9.93 | ||
| P/OCF | 9.37 | ||
| P/B | 0.92 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.1
EY7.32%
EPS(NY)2.35
Fwd EY15.65%
FCF(TTM)1.51
FCFY10.07%
OCF(TTM)1.6
OCFY10.67%
SpS3.48
BVpS16.39
TBVpS15.66
PEG (NY)N/A
PEG (5Y)1.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.62% | ||
| ROE | 5.94% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 27.97% | ||
| GM | N/A | ||
| FCFM | 43.43% |
ROA(3y)0.81%
ROA(5y)0.84%
ROE(3y)8.94%
ROE(5y)7.96%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y2.95%
PM growth 5Y0.79%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 2.15 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 101.59% | ||
| Cap/Sales | 2.62% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 155.25% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC27.26%
ROIC/WACCN/A
Cap/Depr(3y)251.87%
Cap/Depr(5y)154.76%
Cap/Sales(3y)5.89%
Cap/Sales(5y)3.61%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-38.2%
EPS 3Y15.78%
EPS 5Y11.92%
EPS Q2Q%-42.22%
EPS Next Y-21.96%
EPS Next 2Y25.62%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-1%
Revenue growth 3Y19.53%
Revenue growth 5Y15.67%
Sales Q2Q%6.82%
Revenue Next Year19.21%
Revenue Next 2Y29.96%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-74.88%
FCF growth 3YN/A
FCF growth 5Y66.94%
OCF growth 1Y-73.46%
OCF growth 3YN/A
OCF growth 5Y68.97%