VersaBank (VBNK)
Provides electronic banking and cybersecurity services across Canada and the United States.
Something off on this page? Send us feedback.
Provides electronic deposit, lending, and lease products to financial-intermediary partners in Canada and the United States. Its branchless B2B bank model is paired with cybersecurity services through DRT Cyber and shaped by a proposed U.S. reorganization and divestiture requirement.
Branchless digital banking is delivered in Canada and the United States through financial-intermediary partners. Deposits and most lending are handled electronically, making the B2B model distinct from a traditional consumer branch network.
The core banking business provides electronic deposit, loan, and lease products. DRT Cyber adds cybersecurity services, while the group also pursues financial-technology and digital-deposit work.
North American expansion includes VersaBank USA, acquired and renamed from Stearns Bank Holdingford. A proposed U.S. holding-company reorganization remains subject to approvals, and the acquisition approval requires a DRT Cyber divestiture unless extended.
Company facts
Categories
Target rangeAs of Sep 2, 2026
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Jun 30, 2026 | Roth Capital | Upgrade | Neutral | Buy | $20 | $25 |
| Jun 8, 2026 | Roth Capital | Target | $13 | $20 | ||
| Dec 11, 2025 | Roth Capital | Reiterate | Neutral | $10.40 | $13 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Apr 30, 2026Cash & short-term investments $488.3M · Total debt $75.5M · Total assets $4.66B · Shareholders' equity $399.9M
- Revenue
- $62.0M
- Operating income
- $7.5M
- Net income
- $5.4M
Reported in CAD, converted at the latest exchange rate
Last cut to $0.0177 from $0.0181 in Jul 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jul 10, 2026 | Jul 10 | Jul 31 | $0.0177 | cut from $0.0181 |
| Apr 10, 2026 | Apr 10 | Apr 30 | $0.0181 | raised from $0.018 |
| Jan 9, 2026 | Jan 9 | Jan 31 | $0.018 | raised from $0.0179 |
| Oct 10, 2025 | Oct 10 | Oct 31 | $0.0179 | cut from $0.0184 |
| Jul 3, 2025 | Jul 4 | Jul 31 | $0.0184 | raised from $0.0176 |
| Apr 4, 2025 | Apr 4 | Apr 30 | $0.0176 | raised from $0.0173 |
| Jan 10, 2025 | Jan 10 | Jan 31 | $0.0173 | cut from $0.0184 |
| Oct 4, 2024 | Oct 4 | Oct 31 | $0.0184 | raised from $0.0183 |
| Institutions44 holders · as of Mar 31, 2026 | 36.20% | 11.56M ADS | |
| Strategic holders1 holder · as of Feb 4, 2022 | 25.47% | 8.14M ADS | |
| Otherremainder | 38.33% | 12.25M ADS |
31.95M ADS as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
340268 Ontario LimitedStrategic | 25.47% | 8.14M | 13Gfiled Feb 4, 2022 ↗ |
AllianceBernstein L.P.Institution | 9.30% | 2.97M ADS | 13Fas of Mar 31, 2026 |
CIBC World Market Inc.Institution | 3.72% | 1.19M ADS | 13Fas of Mar 31, 2026 |
Mendon Capital Advisors CorpInstitution | 2.96% | 945,241 ADS | 13Fas of Mar 31, 2026 |
RMB Capital Management, LLCInstitution | 2.52% | 805,084 ADS | 13Fas of Mar 31, 2026 |
| See all 25 → | |||
13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more
Insider tradesForm 4
Nothing filed in the last 12 months.
- Invesco Ultra Short Duration ETF
Canadian point-of-sale finance and lease peer
- Bank of Montreal
Canadian commercial banking and funding alternative
- Palo Alto Networks
Cybersecurity platform and incident-response services peer
- CrowdStrike
Endpoint cybersecurity and professional-services peer
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| VersaBank | $19.21 | +1.29% | $620.7M | 28.4 | 11.1 | 2.6 | −46.8% |
| Invesco Ultra Short Duration ETF | $48.63 | −2.96% | $3.63B | — | — | — | — |
| Bank of Montreal | $172.33 | −0.29% | $121.05B | 19.6 | 14.7 | 2.2 | −20.6% |
| Palo Alto Networks | $330.05 | +0.50% | $267.71B | 746.5 | 80.7 | 23.3 | +34.5% |
| CrowdStrike | $205.37 | +0.97% | $207.13B | 5,795.4 | 144.7 | 38.4 | +25.8% |
| Median | 746.5 | 80.7 | 23.3 | +25.8% |