VersaBank Past Earnings Performance

Past criteria checks 5/6

VersaBank has been growing earnings at an average annual rate of 18.5%, while the Banks industry saw earnings growing at 5.7% annually. Revenues have been growing at an average rate of 16.8% per year. VersaBank's return on equity is 11.7%, and it has net margins of 39.9%.

Key information

18.5%

Earnings growth rate

11.7%

EPS growth rate

Banks Industry Growth6.2%
Revenue growth rate16.8%
Return on equity11.7%
Net Margin39.9%
Last Earnings Update31 Jan 2024

Recent past performance updates

Recent updates

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

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

Jun 05
VersaBank (TSE:VBNK) Will Pay A Dividend Of CA$0.025

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

Jun 10
VersaBank (TSE:VB) Has Announced A Dividend Of CA$0.025

Increases to VersaBank's (TSE:VB) CEO Compensation Might Cool off for now

Apr 16
Increases to VersaBank's (TSE:VB) CEO Compensation Might Cool off for now

What Type Of Shareholders Make Up VersaBank's (TSE:VB) Share Registry?

Mar 19
What Type Of Shareholders Make Up VersaBank's (TSE:VB) Share Registry?

David Taylor Is The President of VersaBank (TSE:VB) And They Just Picked Up 2.7% More Shares

Feb 12
David Taylor Is The President of VersaBank (TSE:VB) And They Just Picked Up 2.7% More Shares

Revenue & Expenses Breakdown
Beta

How VersaBank makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:VBNK Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Jan 2411144500
31 Oct 2310841500
31 Jul 2310335520
30 Apr 239731520
31 Jan 238926510
31 Oct 228222490
31 Jul 227621460
30 Apr 227121410
31 Jan 226921380
31 Oct 216621350
31 Jul 216219320
30 Apr 215818310
31 Jan 215617290
31 Oct 205517280
31 Jul 205418260
30 Apr 205518270
31 Jan 205418260
31 Oct 195418260
31 Jul 195418270
30 Apr 195317260
31 Jan 195317260
31 Oct 185116260
31 Jul 184914270
30 Apr 184712280
31 Jan 18459280
31 Oct 174417270
31 Jul 174316260
30 Apr 174216260
31 Jan 174116260
31 Oct 16396260
31 Jul 16387260
30 Apr 16376260
31 Jan 16357250
31 Oct 15346250
31 Jul 15337240
30 Apr 15317240
31 Jan 15306230
31 Oct 14306230
31 Jul 14293230
30 Apr 14293230
31 Jan 14282230
31 Oct 13272230
31 Jul 13281240
30 Apr 13302240

Quality Earnings: VBNK has high quality earnings.

Growing Profit Margin: VBNK's current net profit margins (39.9%) are higher than last year (28.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: VBNK's earnings have grown by 18.5% per year over the past 5 years.

Accelerating Growth: VBNK's earnings growth over the past year (74.2%) exceeds its 5-year average (18.5% per year).

Earnings vs Industry: VBNK earnings growth over the past year (74.2%) exceeded the Banks industry 0.5%.


Return on Equity

High ROE: VBNK's Return on Equity (11.7%) is considered low.


Return on Assets


Return on Capital Employed


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