For fiscal 2025 (ended Oct 31, 2025), VersaBank reported C$124.64M of revenue and C$28.46M of net income. Figures are in CAD, the currency of its SEC filings.
VBNK revenue was C$124.64M for fiscal 2025 (ended Oct 31, 2025), up 11.7% from fiscal 2024. Compound annual growth was +18.1% over 5 years. It rose in each of the last 5 fiscal years. Fiscal 2025 is the highest of the 6 fiscal years on file.
VBNK net income was C$28.46M for fiscal 2025 (ended Oct 31, 2025), down 28.4% from fiscal 2024. Compound annual growth was +8.0% over 5 years. It rose in 3 of the last 5 fiscal years.
VBNK free cash flow was C$43.50M for fiscal 2025 (ended Oct 31, 2025), down 82.9% from fiscal 2024. Compound annual growth was -20.8% over 5 years.
| Line item | Oct 31, 2025 | Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 |
|---|---|---|---|---|---|---|
| Revenue | C$124.64M | C$111.63M | C$108.64M | C$82.39M | C$65.36M | C$54.19M |
| Selling, general and admin | C$33.73M | C$19.17M | C$15.05M | C$18.73M | C$11.11M | C$8.36M |
| Interest expense | C$179.51M | C$182.76M | C$129.28M | C$50.15M | C$29.33M | C$31.97M |
| Pre-tax income | C$41.49M | C$54.79M | C$57.65M | C$32.55M | C$30.79M | C$26.75M |
| Income tax | C$13.04M | C$15.04M | C$15.48M | C$9.89M | C$8.41M | C$7.35M |
| Net income | C$28.46M | C$39.75M | C$42.16M | C$22.66M | C$22.38M | C$19.41M |
| EPS, basic | C$0.90 | C$1.49 | C$1.57 | C$0.79 | C$0.96 | C$0.82 |
| Diluted shares | 31.5M | 26.0M | 26.3M | 27.4M | 21.8M | 21.1M |
| Line item | Oct 31, 2025 | Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | C$581.71M | C$225.25M | C$132.24M | C$88.58M | C$271.52M | C$257.64M |
| Goodwill | C$12.30M | C$12.30M | C$5.75M | C$5.75M | C$5.75M | C$0 |
| Total assets | C$5.81B | C$4.84B | C$4.20B | C$3.27B | C$2.42B | C$1.94B |
| Total liabilities | C$5.28B | C$4.44B | C$3.82B | C$2.92B | C$2.08B | C$1.69B |
| Shareholders' equity | C$532.67M | C$399.20M | C$377.16M | C$350.68M | C$332.11M | C$255.29M |
| Line item | Oct 31, 2025 | Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | C$44.45M | C$272.70M | C$94.72M | -C$32.65M | -C$108.31M | C$139.59M |
| Capital expenditures | C$954.0K | C$18.58M | C$362.0K | C$581.0K | C$14.0K | C$245.0K |
| Free cash flow | C$43.50M | C$254.13M | C$94.36M | -C$33.23M | -C$108.32M | C$139.35M |
| Investing cash flow | C$212.26M | -C$157.58M | -C$28.14M | -C$141.61M | -C$8.44M | C$9.76M |
| Financing cash flow | C$102.04M | -C$23.33M | -C$17.31M | -C$6.30M | C$131.40M | -C$30.85M |
| Dividends paid | C$3.23M | C$3.59M | C$3.60M | C$3.73M | C$3.85M | C$4.28M |
| Stock-based compensation | C$81.0K | C$348.0K | C$901.0K | C$1.47M | C$0 | - |
| Line item | Oct 31, 2025 | Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 |
|---|---|---|---|---|---|---|
| Revenue growth, YoY | 11.7% | 2.8% | 31.9% | 26.1% | 20.6% | - |
| Net income growth, YoY | -28.4% | -5.7% | 86.1% | 1.2% | 15.3% | - |
| Net margin | 22.8% | 35.6% | 38.8% | 27.5% | 34.2% | 35.8% |
| Free cash flow margin | 34.9% | 227.6% | 86.9% | -40.3% | -165.7% | 257.2% |
| Return on equity | 5.3% | 10.0% | 11.2% | 6.5% | 6.7% | 7.6% |
| Return on assets | 0.5% | 0.8% | 1.0% | 0.7% | 0.9% | 1.0% |
Source: XBRL data VersaBank files with the SEC, latest filing dated Dec 10, 2025 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| VBNK | C$124.64M | +11.7% | C$28.46M | 22.8% | $802.7M |
| RY | C$66.61B | +16.1% | C$20.36B | 30.6% | $282.66B |
| MUFG | ¥11.87T | +9.5% | ¥1.73T | 14.6% | $257.53B |
| TD | C$67.78B | +18.4% | C$20.54B | 30.3% | $202.90B |
| SAN | €55.32B | -1.5% | €14.10B | 25.5% | $180.35B |
| SMFG | ¥4.35T | +13.6% | ¥1.14T | 26.1% | $154.95B |
| BBVA | - | - | €10.51B | - | $149.88B |
| HDB | ₹2.50T | +5.2% | ₹704.79B | 28.2% | $132.41B |