Earnings today
VersaBank (VBNK)
Provides electronic banking and cybersecurity services across Canada and the United States.
$18.98
Pre-market−0.23 (−1.20%)
At close$19.21(+1.29%)
In millions of USD, except per-share figures · converted from CAD at the latest rate
| In millions | Q3 FY23Jul 2023 | Q4 FY23Oct 2023 | Q1 FY24Jan 2024 | Q2 FY24Apr 2024 | Q3 FY24Jul 2024 | Q4 FY24Oct 2024 | Q1 FY25Jan 2025 | Q2 FY25Apr 2025 | Q3 FY25Jul 2025 | Q4 FY25Oct 2025 | Q1 FY26Jan 2026 | Q2 FY26Apr 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 45 | 50 | 52 | 53 | 53 | 55 | 55 | 53 | 55 | 58 | 61 | 62 |
| Cost of revenue | 26 | 29 | 31 | 33 | 34 | 35 | 35 | 32 | 33 | 33 | 35 | 35 |
| Gross profit | 19 | 21 | 21 | 21 | 20 | 20 | 19 | 21 | 22 | 24 | 26 | 27 |
| 9 | 9 | 9 | 9 | 10 | 14 | 11 | 13 | 16 | 17 | 15 | 20 | |
| 9 | 8 | 8 | 8 | 9 | 13 | 10 | 12 | 14 | 17 | 9 | 9 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 0 | 0 |
| General & administrative | 9 | 8 | 8 | 8 | 9 | 13 | 10 | 12 | 14 | 9 | 9 | 9 |
| Other expenses | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 6 | 10 |
| Operating income | 10 | 12 | 12 | 12 | 10 | 6 | 8 | 9 | 6 | 7 | 11 | 8 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest income | 44 | 48 | 50 | 52 | 52 | 53 | 53 | 51 | 54 | 56 | 59 | 60 |
| Interest expense | 25 | 29 | 31 | 33 | 34 | 35 | 34 | 31 | 32 | 32 | 34 | 34 |
| Income before tax | 10 | 12 | 12 | 12 | 10 | 6 | 8 | 9 | 6 | 7 | 11 | 8 |
| Income tax expense | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 3 | 2 |
| Net income from continuing operations | 7 | 9 | 9 | 9 | 7 | 4 | 6 | 6 | 5 | 4 | 8 | 5 |
| Net income | 7 | 9 | 9 | 9 | 7 | 4 | 6 | 6 | 5 | 4 | 8 | 5 |
| EPS, basic | $0.28 | $0.34 | $0.35 | $0.33 | $0.26 | $0.14 | $0.20 | $0.19 | $0.14 | $0.12 | $0.25 | $0.17 |
| EPS, diluted | $0.28 | $0.34 | $0.35 | $0.33 | $0.26 | $0.14 | $0.20 | $0.19 | $0.14 | $0.12 | $0.25 | $0.17 |
| Weighted average shares, basic | 26 | 26 | 26 | 26 | 26 | 26 | 29 | 33 | 32 | 33 | 23 | 24 |
| Weighted average shares, diluted | 26 | 26 | 26 | 26 | 26 | 26 | 29 | 33 | 32 | 33 | 23 | 24 |
| EBITDA | 10 | 13 | 13 | 12 | 10 | 6 | 9 | 9 | 7 | 8 | 12 | 8 |
| Depreciation & amortization | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBIT | 10 | 12 | 12 | 12 | 10 | 6 | 8 | 9 | 6 | 7 | 11 | 8 |