VersaBank

DB:VEW Stock Report

Market Cap: €335.4m

VersaBank Past Earnings Performance

Past criteria checks 2/6

VersaBank has been growing earnings at an average annual rate of 22.8%, while the Banks industry saw earnings growing at 18% annually. Revenues have been growing at an average rate of 18.5% per year. VersaBank's return on equity is 10%, and it has net margins of 34.6%.

Key information

22.8%

Earnings growth rate

17.0%

EPS growth rate

Banks Industry Growth10.6%
Revenue growth rate18.5%
Return on equity10.0%
Net Margin34.6%
Last Earnings Update31 Oct 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

DB:VEW Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Oct 2411239570
31 Jul 2411446500
30 Apr 2411446500
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

Quality Earnings: VEW has high quality earnings.

Growing Profit Margin: VEW's current net profit margins (34.6%) are lower than last year (38.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: VEW's earnings have grown significantly by 22.8% per year over the past 5 years.

Accelerating Growth: VEW's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: VEW had negative earnings growth (-5.9%) over the past year, making it difficult to compare to the Banks industry average (12.6%).

Return on Equity

High ROE: VEW's Return on Equity (10%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 23:57
End of Day Share Price 2024/12/20 00:00
Earnings2024/10/31
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 here.

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 .

Analyst Sources

VersaBank is covered by 6 analysts. 4 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