VersaBank Dividends and Buybacks
Dividend criteria checks 0/6
VersaBank is a dividend paying company with a current yield of 0.65%. Next payment date is on 30th April, 2025 with an ex-dividend date of 4th April, 2025.
Key information
0.6%
Dividend yield
-23.4%
Buyback Yield
| Total Shareholder Yield | -22.7% |
| Future Dividend Yield | 0.7% |
| Dividend Growth | 13.2% |
| Next dividend pay date | 30 Apr 25 |
| Ex dividend date | 04 Apr 25 |
| Dividend per share | CA$0.100 |
| Payout ratio | 8% |
Recent dividend and buyback updates
Recent updates
VersaBank Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 08
US Expansion And Digital Initiatives Set To Boost Future Prospects
Feb 02 The U.S. acquisition and Receivable Purchase Program are expected to drive loan growth, higher net margins, and improved earnings.VersaBank Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next
Dec 12Analyst Estimates: Here's What Brokers Think Of VersaBank (TSE:VBNK) After Its Second-Quarter Report
Jun 08VersaBank Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Mar 09VersaBank (TSE:VBNK) Has Announced A Dividend Of CA$0.025
Jun 27VersaBank's (TSE:VBNK) Dividend Will Be CA$0.025
Mar 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VBNK is not paying a notable dividend for the Canadian market, therefore no need to check if payments are stable.
Growing Dividend: VBNK is not paying a notable dividend for the Canadian market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| VersaBank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VBNK) | 0.6% |
| Market Bottom 25% (CA) | 2.0% |
| Market Top 25% (CA) | 6.6% |
| Industry Average (Banks) | 4.6% |
| Analyst forecast (VBNK) (up to 3 years) | 0.7% |
Notable Dividend: VBNK's dividend (0.65%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (2.02%).
High Dividend: VBNK's dividend (0.65%) is low compared to the top 25% of dividend payers in the Canadian market (6.62%).
Current Payout to Shareholders
Earnings Coverage: VBNK is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VBNK's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/23 23:07 |
| End of Day Share Price | 2025/04/23 00:00 |
| Earnings | 2025/01/31 |
| Annual Earnings | 2024/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
VersaBank is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Trevor Reynolds | Acumen Capital Finance Partners Limited |
| Dylan Steuart | iA Capital Markets |
| Timothy Switzer | Keefe, Bruyette, & Woods |