VersaBank Past Earnings Performance
Past criteria checks 5/6
VersaBank has been growing earnings at an average annual rate of 21%, while the Banks industry saw earnings growing at 5.6% annually. Revenues have been growing at an average rate of 17.8% per year. VersaBank's return on equity is 11.7%, and it has net margins of 40.5%.
Key information
21.0%
Earnings growth rate
14.4%
EPS growth rate
| Banks Industry Growth | 6.2% |
| Revenue growth rate | 17.8% |
| Return on equity | 11.7% |
| Net Margin | 40.5% |
| Next Earnings Update | 05 Sep 2024 |
Recent past performance updates
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 09VersaBank (TSE:VBNK) Has Announced A Dividend Of CA$0.025
Jun 27VersaBank's (TSE:VBNK) Dividend Will Be CA$0.025
Mar 20VersaBank (TSE:VBNK) Will Pay A Dividend Of CA$0.025
Jun 05VersaBank (TSE:VB) Has Announced A Dividend Of CA$0.025
Jun 10Revenue & Expenses Breakdown
How VersaBank makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Apr 24 | 114 | 46 | 50 | 0 |
| 31 Jan 24 | 111 | 44 | 50 | 0 |
| 31 Oct 23 | 108 | 41 | 50 | 0 |
| 31 Jul 23 | 103 | 35 | 52 | 0 |
| 30 Apr 23 | 97 | 31 | 52 | 0 |
| 31 Jan 23 | 89 | 26 | 51 | 0 |
| 31 Oct 22 | 82 | 22 | 49 | 0 |
| 31 Jul 22 | 76 | 21 | 46 | 0 |
| 30 Apr 22 | 71 | 21 | 41 | 0 |
| 31 Jan 22 | 69 | 21 | 38 | 0 |
| 31 Oct 21 | 66 | 21 | 35 | 0 |
| 31 Jul 21 | 62 | 19 | 32 | 0 |
| 30 Apr 21 | 58 | 18 | 31 | 0 |
| 31 Jan 21 | 56 | 17 | 29 | 0 |
| 31 Oct 20 | 55 | 17 | 28 | 0 |
| 31 Jul 20 | 54 | 18 | 26 | 0 |
| 30 Apr 20 | 55 | 18 | 27 | 0 |
| 31 Jan 20 | 54 | 18 | 26 | 0 |
| 31 Oct 19 | 54 | 18 | 26 | 0 |
| 31 Jul 19 | 54 | 18 | 27 | 0 |
| 30 Apr 19 | 53 | 17 | 26 | 0 |
| 31 Jan 19 | 53 | 17 | 26 | 0 |
| 31 Oct 18 | 51 | 16 | 26 | 0 |
| 31 Jul 18 | 49 | 14 | 27 | 0 |
| 30 Apr 18 | 47 | 12 | 28 | 0 |
| 31 Jan 18 | 45 | 9 | 28 | 0 |
| 31 Oct 17 | 44 | 17 | 27 | 0 |
| 31 Jul 17 | 43 | 16 | 26 | 0 |
| 30 Apr 17 | 42 | 16 | 26 | 0 |
| 31 Jan 17 | 41 | 16 | 26 | 0 |
| 31 Oct 16 | 39 | 6 | 26 | 0 |
| 31 Jul 16 | 38 | 7 | 26 | 0 |
| 30 Apr 16 | 37 | 6 | 26 | 0 |
| 31 Jan 16 | 35 | 7 | 25 | 0 |
| 31 Oct 15 | 34 | 6 | 25 | 0 |
| 31 Jul 15 | 33 | 7 | 24 | 0 |
| 30 Apr 15 | 31 | 7 | 24 | 0 |
| 31 Jan 15 | 30 | 6 | 23 | 0 |
| 31 Oct 14 | 30 | 6 | 23 | 0 |
| 31 Jul 14 | 29 | 3 | 23 | 0 |
| 30 Apr 14 | 29 | 3 | 23 | 0 |
| 31 Jan 14 | 28 | 2 | 23 | 0 |
| 31 Oct 13 | 27 | 2 | 23 | 0 |
Quality Earnings: VBNK has high quality earnings.
Growing Profit Margin: VBNK's current net profit margins (40.5%) are higher than last year (31.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VBNK's earnings have grown significantly by 21% per year over the past 5 years.
Accelerating Growth: VBNK's earnings growth over the past year (49.2%) exceeds its 5-year average (21% per year).
Earnings vs Industry: VBNK earnings growth over the past year (49.2%) exceeded the Banks industry 5.2%.
Return on Equity
High ROE: VBNK's Return on Equity (11.7%) is considered low.