VersaBank Future Growth

Future criteria checks 5/6

VersaBank is forecast to grow earnings and revenue by 30.3% and 21.7% per annum respectively. EPS is expected to grow by 29.8% per annum. Return on equity is forecast to be 17.4% in 3 years.

Key information

30.3%

Earnings growth rate

29.8%

EPS growth rate

Banks earnings growth	8.1%
Revenue growth rate	21.7%
Future return on equity	17.4%
Analyst coverage	Low
Last updated	27 Sep 2024

Recent future growth updates

Analyst Estimates: Here's What Brokers Think Of VersaBank (TSE:VBNK) After Its Second-Quarter Report

Jun 08

VersaBank Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Mar 09

Recent updates

Analyst Estimates: Here's What Brokers Think Of VersaBank (TSE:VBNK) After Its Second-Quarter Report

Jun 08

VersaBank Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Mar 09

Earnings and Revenue Growth Forecasts

TSX:VBNK - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
10/31/2026	189	91	N/A	N/A	1
10/31/2025	142	62	N/A	N/A	4
10/31/2024	114	44	N/A	N/A	4
7/31/2024	114	46	-342	-323	N/A
4/30/2024	114	46	-501	-484	N/A
1/31/2024	111	44	-657	-641	N/A
10/31/2023	108	41	-746	-746	N/A
7/31/2023	103	35	-613	-612	N/A
4/30/2023	97	31	-861	-860	N/A
1/31/2023	89	26	-939	-939	N/A
10/31/2022	82	22	-824	-823	N/A
7/31/2022	76	21	-930	-929	N/A
4/30/2022	71	21	-588	-588	N/A
1/31/2022	69	21	-378	-378	N/A
10/31/2021	66	21	-395	-395	N/A
7/31/2021	62	19	-359	-359	N/A
4/30/2021	58	18	-207	-207	N/A
1/31/2021	56	17	-84	-83	N/A
10/31/2020	55	17	-27	-27	N/A
7/31/2020	54	18	100	100	N/A
4/30/2020	55	18	72	72	N/A
1/31/2020	54	18	-43	-43	N/A
10/31/2019	54	18	58	58	N/A
7/31/2019	54	18	56	57	N/A
4/30/2019	53	17	-31	-31	N/A
1/31/2019	53	17	10	11	N/A
10/31/2018	51	16	-76	-75	N/A
7/31/2018	49	14	-80	-79	N/A
4/30/2018	47	12	N/A	9	N/A
1/31/2018	45	9	N/A	35	N/A
10/31/2017	44	17	N/A	70	N/A
7/31/2017	43	16	N/A	-15	N/A
4/30/2017	42	16	N/A	2	N/A
1/31/2017	41	16	N/A	-61	N/A
10/31/2016	39	6	N/A	-91	N/A
7/31/2016	38	7	N/A	-88	N/A
4/30/2016	37	6	N/A	-143	N/A
1/31/2016	35	7	N/A	-160	N/A
10/31/2015	34	6	N/A	-189	N/A
7/31/2015	33	7	N/A	-166	N/A
4/30/2015	31	7	N/A	-207	N/A
1/31/2015	30	6	N/A	-143	N/A
10/31/2014	30	6	N/A	-37	N/A
7/31/2014	29	3	N/A	36	N/A
4/30/2014	29	3	N/A	103	N/A
1/31/2014	28	2	N/A	51	N/A
10/31/2013	27	2	N/A	41	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VBNK's forecast earnings growth (30.3% per year) is above the savings rate (2.2%).

Earnings vs Market: VBNK's earnings (30.3% per year) are forecast to grow faster than the Canadian market (15.1% per year).

High Growth Earnings: VBNK's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: VBNK's revenue (21.7% per year) is forecast to grow faster than the Canadian market (7% per year).

High Growth Revenue: VBNK's revenue (21.7% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: VBNK's Return on Equity is forecast to be low in 3 years time (17.4%).

VersaBank Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 12%

Consensus EPS estimates increase by 14%

Price target increased by 11% to CA$19.75

Consensus EPS estimates fall by 12%

Analyst Estimates: Here's What Brokers Think Of VersaBank (TSE:VBNK) After Its Second-Quarter Report

VersaBank Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Recent updates

Upcoming dividend of CA$0.025 per share

Consensus EPS estimates fall by 12%

Third quarter dividend of CA$0.025 announced

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

VersaBank Declares Cash Dividends for the Quarter Ending October 31, 2024, Payable as of October 31, 2024

Consensus EPS estimates increase by 14%

Price target increased by 11% to CA$19.75

VersaBank to Report Q3, 2024 Results on Sep 05, 2024

Versabank Appoints Senior Executives to U.S. Subsidiary Ahead of U.S. Bank Acquisition

Investor sentiment improves as stock rises 15%

Consensus EPS estimates fall by 12%

Analyst Estimates: Here's What Brokers Think Of VersaBank (TSE:VBNK) After Its Second-Quarter Report

Second quarter dividend of CA$0.025 announced

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Versabank Declares Cash Dividend for the Quarter Ending July 31, 2024, Payable July 31, 2024

VersaBank to Report Q2, 2024 Results on Jun 05, 2024

Upcoming dividend of CA$0.025 per share

VersaBank Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target increased by 7.6% to CA$17.75

VersaBank to Report Q1, 2024 Results on Mar 06, 2024

Price target increased by 12% to CA$16.50

Insufficient new directors

VersaBank, Annual General Meeting, Apr 17, 2024

Executive Vice President recently bought CA$500k worth of stock

Executive Vice President recently bought CA$90k worth of stock

Upcoming dividend of CA$0.025 per share at 0.7% yield

President recently bought CA$395k worth of stock

Full year 2023 earnings: EPS misses analyst expectations

VersaBank Announces Chief Financial Officer Changes

VersaBank to Report Q4, 2023 Results on Dec 13, 2023

Now 21% undervalued after recent price drop

Upcoming dividend of CA$0.025 per share at 0.9% yield

President exercised options to buy CA$419k worth of stock.

VersaBank Declares Cash Dividends for the Quarter Ending October 31, 2023, Payable as of October 31, 2023

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

VersaBank to Report Q3, 2023 Results on Aug 30, 2023

Upcoming dividend of CA$0.025 per share at 1.0% yield

VersaBank (TSE:VBNK) Has Announced A Dividend Of CA$0.025

VersaBank Declares Cash Dividend for the Quarter Ending July 31, 2023, Payable as of July 31, 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

VersaBank to Report Q2, 2023 Results on Jun 07, 2023

Insider recently bought CA$66k worth of stock

Insider recently bought CA$100k worth of stock

Upcoming dividend of CA$0.025 per share at 1.0% yield

VersaBank's (TSE:VBNK) Dividend Will Be CA$0.025

President recently bought CA$57k worth of stock

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

President recently bought CA$152k worth of stock

VersaBank, Annual General Meeting, Apr 19, 2023

Upcoming dividend of CA$0.025 per share

Consensus forecasts updated

President recently bought CA$223k worth of stock

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Versabank Announces Cash Dividend for the Quarter Ending January 31, 2023, Payable as of January 31, 2023

Price target decreased to CA$13.75

VersaBank to Report Q4, 2022 Results on Dec 07, 2022

Price target decreased to CA$16.00

VersaBank Initiates Internal Pilot Program in Canada for New Digital Deposit Receipt with Internal E-Wallet Deposit Accounts

Upcoming dividend of CA$0.025 per share

Price target decreased to CA$16.00

Third quarter 2022 earnings released: EPS: CA$0.20 (vs CA$0.25 in 3Q 2021)

VersaBank Declares Cash Dividend on Common Share for the Quarter Ending October 31, 2022, Payable on October 31, 2022

VersaBank to Report Q3, 2022 Results on Aug 31, 2022

President recently bought CA$60k worth of stock

Upcoming dividend of CA$0.025 per share

VersaBank (TSX:VBNK) entered into an agreement to acquire Stearns Bank of Holdingford, National Association from Stearns Financial Services, Inc. for $13.5 million.

Consensus revenue estimates fall by 13%

VersaBank (TSE:VBNK) Will Pay A Dividend Of CA$0.025