VersaBank

TSX:VBNK Stock Report

Market Cap: CA$497.2m

VersaBank Management

Management criteria checks 2/4

VersaBank's CEO is David Taylor, appointed in Jan 1993, has a tenure of 32.33 years. total yearly compensation is CA$3.11M, comprised of 25.1% salary and 74.9% bonuses, including company stock and options. directly owns 4.07% of the company’s shares, worth CA$20.25M. The average tenure of the management team and the board of directors is 2.3 years and 10.8 years respectively.

Key information

David Taylor

Chief executive officer

CA$3.1m

Total compensation

CEO salary percentage25.1%
CEO tenure32.3yrs
CEO ownership4.1%
Management average tenure2.3yrs
Board average tenure10.8yrs

Recent management updates

Recent updates

VersaBank Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Mar 08
VersaBank Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
author-image

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 12
VersaBank Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next

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

Jun 08
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

Mar 09
VersaBank Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

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

Jun 27
VersaBank (TSE:VBNK) Has Announced A Dividend Of CA$0.025

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

Mar 20
VersaBank's (TSE:VBNK) Dividend Will Be CA$0.025

CEO Compensation Analysis

How has David Taylor's remuneration changed compared to VersaBank's earnings?
DateTotal CompensationSalaryCompany Earnings
Jan 31 2025n/an/a

CA$34m

Oct 31 2024CA$3mCA$780k

CA$39m

Jul 31 2024n/an/a

CA$46m

Apr 30 2024n/an/a

CA$46m

Jan 31 2024n/an/a

CA$44m

Oct 31 2023n/an/a

CA$41m

Jul 31 2023n/an/a

CA$35m

Apr 30 2023n/an/a

CA$31m

Jan 31 2023n/an/a

CA$26m

Oct 31 2022CA$3mCA$700k

CA$22m

Jul 31 2022n/an/a

CA$21m

Apr 30 2022n/an/a

CA$21m

Jan 31 2022n/an/a

CA$21m

Oct 31 2021CA$2mCA$650k

CA$21m

Jul 31 2021n/an/a

CA$19m

Apr 30 2021n/an/a

CA$18m

Jan 31 2021n/an/a

CA$17m

Oct 31 2020CA$2mCA$632k

CA$17m

Jul 31 2020n/an/a

CA$18m

Apr 30 2020n/an/a

CA$18m

Jan 31 2020n/an/a

CA$18m

Oct 31 2019CA$2mCA$612k

CA$18m

Jul 31 2019n/an/a

CA$18m

Apr 30 2019n/an/a

CA$17m

Jan 31 2019n/an/a

CA$17m

Oct 31 2018CA$2mCA$594k

CA$16m

Compensation vs Market: David's total compensation ($USD2.25M) is above average for companies of similar size in the Canadian market ($USD1.18M).

Compensation vs Earnings: David's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

David Taylor (71 yo)

32.3yrs

Tenure

CA$3,113,607

Compensation

Mr. David Roy Taylor, B.Sc., M.B.A., FICB, PPL has been the President and Chief Executive Officer at VersaBank since January 18, 1993 and has been its Director since January 18, 1993. He has been the Presi...

Leadership Team

NamePositionTenureCompensationOwnership
David Taylor
President32.3yrsCA$3.11m4.07%
CA$ 20.3m
John Asma
Chief Financial Officer1.4yrsCA$974.72k0.037%
CA$ 183.5k
Wooi Koay
Chief Information Officer4.8yrsno data0.027%
CA$ 132.8k
Brent Hodge
Senior VPno datano data0.043%
CA$ 211.8k
Elizabeth Kuranoff
Chief Compliance Officerless than a yearno datano data
Jonathan Francis Taylor
Chief Human Resources Officerno dataCA$674.08k0.084%
CA$ 419.3k
Joanne Johnston
Chief Internal Auditorno datano data0.066%
CA$ 329.8k
Tammie Ashton
Chief Risk Officer5yrsno data0.0074%
CA$ 36.7k
Saad Inam
Chief Credit Officerless than a yearno data0.018%
CA$ 87.6k
Garry W. Clement
Chief Anti-Money Laundering Officer3.2yrsno datano data
James Gardiner
Credit Risk Officer of Real Estateno datano data0.0086%
CA$ 42.8k
Timothy Bloom
Chief Risk Officer of VersaBank USAless than a yearno datano data

2.3yrs

Average Tenure

Experienced Management: VBNK's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
David Taylor
President32.3yrsCA$3.11m4.07%
CA$ 20.3m
Robbert-Jan Brabander
Independent Director15.5yrsCA$123.44k0.25%
CA$ 1.3m
Francis J. Newbould
Independent Chairmanless than a yearno datano data
David Bratton
Independent Director31.7yrsCA$80.13k0.096%
CA$ 478.6k
Thomas Hockin
Independent Director10.8yrsCA$175.86k0.091%
CA$ 453.4k
Richard H. Jankura
Independent Director3yrsCA$117.09k0.017%
CA$ 86.8k
Paul Oliver
Independent Director19.9yrsCA$86.41k0.18%
CA$ 870.3k
Susan McGovern
Independent Vice Chair14yrsCA$124.30k0.12%
CA$ 581.0k
Gabrielle Bochynek
Independent Director6.1yrsCA$84.33k0.041%
CA$ 205.4k
Arthur Linton
Independent Director5.1yrsCA$71.57k0.022%
CA$ 107.0k
Peter Irwin
Independent Director4.3yrsCA$112.93k0.074%
CA$ 366.9k

10.8yrs

Average Tenure

78yo

Average Age

Experienced Board: VBNK's board of directors are seasoned and experienced ( 10.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/01 00:00
End of Day Share Price 2025/05/01 00:00
Earnings2025/01/31
Annual Earnings2024/10/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Trevor ReynoldsAcumen Capital Finance Partners Limited
Dylan SteuartiA Capital Markets
Timothy SwitzerKeefe, Bruyette, & Woods