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Versabank (VBNK.TO)

Versabank (VBNK.TO)
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[[ session ]] by (Cboe BZX)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
VersaBank is a Schedule I Canadian bank that provides mainly commercial lending and banking services to select niche markets in Canada and the United States. Its products and services include credit assets, deposits, and cybersecurity services through its wholly owned subsidiary. The bank operates through four segments: Digital Banking Canada and Digital Banking USA, both using a business-to-business model with proprietary financial technology to serve underserved markets; DRTC, which provides cybersecurity services and banking and financial technology development; and Digital Meteor, which owns proprietary technology supporting next-generation digital assets, including Real Bank Deposit Tokens (RBDTs). The majority of revenue comes from Digital Banking.

Fiscal Year End Date: 10/31

(Values in U.S. Thousands) Jul, 2025 Apr, 2025 Jan, 2025 Jul, 2024 Apr, 2024
Sales 35,092 31,583 30,139 27,827 27,285
Sales Growth +11.11% +4.79% +8.31% +1.99% +1.07%
Net Income 5,204 6,582 8,529 8,143 5,516
Net Income Growth -20.94% -22.83% +4.74% +47.63% -43.16%
(Values in U.S. Thousands) Jul, 2025 Apr, 2025 Jan, 2025 Jul, 2024 Apr, 2024
Total Assets 5,808,475 5,477,489 5,047,133 4,971,732 4,838,484
Total Assets Growth +6.04% +8.53% +1.52% +2.75% +7.13%
Total Liabilities 5,275,802 4,949,347 4,518,827 4,450,437 4,439,281
Total Liabilities Growth +6.60% +9.53% +1.54% +0.25% +8.08%
(Values in U.S. Thousands) Jul, 2025 Apr, 2025 Jan, 2025 Jul, 2024 Apr, 2024
Operating Cash Flow 49,378 183,574 -99,439 -89,062 153,283
Operating Cash Flow Growth -73.10% +284.61% -11.65% -158.10% +76.37%
Net Cash Flow 122,175 119,586 -43,115 160,106 -14,849
Change in Net Cash Flow +2.17% +377.37% -126.93% +1,178.23% -143.82%
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