Logo image of VBNK

VERSABANK (VBNK) Stock Fundamental Analysis

NASDAQ:VBNK - Nasdaq - CA92512J1066 - Common Stock - Currency: USD

12.69  -0.49 (-3.72%)

Fundamental Rating

4

Overall VBNK gets a fundamental rating of 4 out of 10. We evaluated VBNK against 405 industry peers in the Banks industry. VBNK may be in some trouble as it scores bad on both profitability and health. VBNK has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination!


Dividend Valuation Growth Profitability Health

Quickly go to:

3

1. Profitability

1.1 Basic Checks

VBNK had positive earnings in the past year.
In the past year VBNK had a positive cash flow from operations.
In the past 5 years VBNK has always been profitable.
The reported operating cash flow has been mixed in the past 5 years: VBNK reported negative operating cash flow in multiple years.
VBNK Yearly Net Income VS EBIT VS OCF VS FCFVBNK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M

1.2 Ratios

Looking at the Return On Assets, with a value of 0.80%, VBNK is in line with its industry, outperforming 50.88% of the companies in the same industry.
Looking at the Return On Equity, with a value of 9.71%, VBNK is in the better half of the industry, outperforming 67.17% of the companies in the same industry.
Industry RankSector Rank
ROA 0.8%
ROE 9.71%
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
VBNK Yearly ROA, ROE, ROICVBNK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

VBNK's Profit Margin of 34.72% is amongst the best of the industry. VBNK outperforms 91.48% of its industry peers.
VBNK's Profit Margin has been stable in the last couple of years.
VBNK does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 34.72%
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
VBNK Yearly Profit, Operating, Gross MarginsVBNK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

More info and screens

3

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.
VBNK has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, VBNK has an improved debt to assets ratio.
VBNK Yearly Shares OutstandingVBNK Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M
VBNK Yearly Total Debt VS Total AssetsVBNK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

The Debt to FCF ratio of VBNK is 0.42, which is an excellent value as it means it would take VBNK, only 0.42 years of fcf income to pay off all of its debts.
VBNK has a Debt to FCF ratio of 0.42. This is amongst the best in the industry. VBNK outperforms 85.71% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that VBNK is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.26, VBNK perfoms like the industry average, outperforming 40.10% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.26
Debt/FCF 0.42
Altman-Z N/A
ROIC/WACCN/A
WACC24.19%
VBNK Yearly LT Debt VS Equity VS FCFVBNK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M 300M

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
VBNK Yearly Current Assets VS Current LiabilitesVBNK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

More info and screens

7

3. Growth

3.1 Past

The earnings per share for VBNK have decreased by -5.10% in the last year.
Measured over the past years, VBNK shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.92% on average per year.
The Revenue has been growing slightly by 2.76% in the past year.
The Revenue has been growing by 15.67% on average over the past years. This is quite good.
EPS 1Y (TTM)-5.1%
EPS 3Y15.78%
EPS 5Y11.92%
EPS Q2Q%-57.45%
Revenue 1Y (TTM)2.76%
Revenue growth 3Y19.53%
Revenue growth 5Y15.67%
Sales Q2Q%-5.1%

3.2 Future

The Earnings Per Share is expected to grow by 49.77% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 39.67% on average over the next years. This is a very strong growth
EPS Next Y39.65%
EPS Next 2Y49.77%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year38.38%
Revenue Next 2Y39.67%
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.
VBNK Yearly Revenue VS EstimatesVBNK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 50M 100M 150M 200M
VBNK Yearly EPS VS EstimatesVBNK Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

More info and screens

7

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 12.09, VBNK is valued correctly.
VBNK's Price/Earnings is on the same level as the industry average.
VBNK's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.63.
Based on the Price/Forward Earnings ratio of 8.66, the valuation of VBNK can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VBNK indicates a rather cheap valuation: VBNK is cheaper than 87.22% of the companies listed in the same industry.
VBNK is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.68, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 12.09
Fwd PE 8.66
VBNK Price Earnings VS Forward Price EarningsVBNK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Based on the Price/Free Cash Flow ratio, VBNK is valued cheaply inside the industry as 98.50% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 2.3
EV/EBITDA N/A
VBNK Per share dataVBNK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as VBNK's earnings are expected to grow with 49.77% in the coming years.
PEG (NY)0.3
PEG (5Y)1.01
EPS Next 2Y49.77%
EPS Next 3YN/A

More info and screens

2

5. Dividend

5.1 Amount

VBNK has a yearly dividend return of 0.54%, which is pretty low.
The stock price of VBNK dropped by -25.88% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
With a Dividend Yield of 0.54, VBNK pays less dividend than the industry average, which is at 3.18. 84.71% of the companies listed in the same industry pay a better dividend than VBNK!
With a Dividend Yield of 0.54, VBNK pays less dividend than the S&P500 average, which is at 2.27.
Industry RankSector Rank
Dividend Yield 0.54%

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.
VBNK has decreased its dividend recently.
Dividend Growth(5Y)-4.67%
Div Incr Years1
Div Non Decr Years1
VBNK Yearly Dividends per shareVBNK Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 0.05 0.1 0.15

5.3 Sustainability

9.26% of the earnings are spent on dividend by VBNK. This is a low number and sustainable payout ratio.
DP9.26%
EPS Next 2Y49.77%
EPS Next 3YN/A
VBNK Yearly Income VS Free CF VS DividendVBNK Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M
VBNK Dividend Payout.VBNK Dividend Payout, showing the Payout Ratio.VBNK Dividend Payout.PayoutRetained Earnings

More info and screens

VERSABANK

NASDAQ:VBNK (2/21/2025, 8:00:01 PM)

12.69

-0.49 (-3.72%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)12-09 2024-12-09/bmo
Earnings (Next)03-05 2025-03-05/bmo
Inst Owners34.6%
Inst Owner Change-33.3%
Ins Owners0.89%
Ins Owner ChangeN/A
Market Cap412.55M
Analysts82.22
Price Target17.24 (35.86%)
Short Float %0.21%
Short Ratio0.36
Dividend
Industry RankSector Rank
Dividend Yield 0.54%
Yearly Dividend0.14
Dividend Growth(5Y)-4.67%
DP9.26%
Div Incr Years1
Div Non Decr Years1
Ex-Date01-10 2025-01-10 (0.025)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-38.73%
Min EPS beat(2)-52.56%
Max EPS beat(2)-24.91%
EPS beat(4)1
Avg EPS beat(4)-18.82%
Min EPS beat(4)-52.56%
Max EPS beat(4)3.05%
EPS beat(8)4
Avg EPS beat(8)-5.05%
EPS beat(12)4
Avg EPS beat(12)-8.75%
EPS beat(16)4
Avg EPS beat(16)-7.99%
Revenue beat(2)0
Avg Revenue beat(2)-9.95%
Min Revenue beat(2)-10.28%
Max Revenue beat(2)-9.62%
Revenue beat(4)0
Avg Revenue beat(4)-10.71%
Min Revenue beat(4)-13.08%
Max Revenue beat(4)-9.62%
Revenue beat(8)1
Avg Revenue beat(8)-8.68%
Revenue beat(12)3
Avg Revenue beat(12)-4.93%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.41%
PT rev (3m)20.09%
EPS NQ rev (1m)-17.73%
EPS NQ rev (3m)-32.75%
EPS NY rev (1m)-14.64%
EPS NY rev (3m)-14.64%
Revenue NQ rev (1m)8.38%
Revenue NQ rev (3m)-12.67%
Revenue NY rev (1m)0%
Revenue NY rev (3m)12.79%
Valuation
Industry RankSector Rank
PE 12.09
Fwd PE 8.66
P/S 5.25
P/FCF 2.3
P/OCF 2.15
P/B 1.47
P/tB 1.56
EV/EBITDA N/A
EPS(TTM)1.05
EY8.27%
EPS(NY)1.47
Fwd EY11.55%
FCF(TTM)5.51
FCFY43.39%
OCF(TTM)5.91
OCFY46.56%
SpS2.42
BVpS8.65
TBVpS8.12
PEG (NY)0.3
PEG (5Y)1.01
Profitability
Industry RankSector Rank
ROA 0.8%
ROE 9.71%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 34.72%
GM N/A
FCFM 227.65%
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 RankSector Rank
Debt/Equity 0.26
Debt/FCF 0.42
Debt/EBITDA N/A
Cap/Depr 705.32%
Cap/Sales 16.64%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 655.64%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score5
WACC24.19%
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)-5.1%
EPS 3Y15.78%
EPS 5Y11.92%
EPS Q2Q%-57.45%
EPS Next Y39.65%
EPS Next 2Y49.77%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.76%
Revenue growth 3Y19.53%
Revenue growth 5Y15.67%
Sales Q2Q%-5.1%
Revenue Next Year38.38%
Revenue Next 2Y39.67%
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 1Y169.33%
FCF growth 3YN/A
FCF growth 5Y66.94%
OCF growth 1Y187.92%
OCF growth 3YN/A
OCF growth 5Y68.97%