Added to YB: 2026-06-17
Pitch date: 2026-06-15
VBNK [bullish]
VersaBank
+1.59%
current return
Author Info
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Company Info
VersaBank provides various banking products and services in Canada and the United States. The company operates through Digital Banking Canada; Digital Banking USA; and DRTC (cybersecurity services and banking and financial technology development) segments.
Market Cap
CAD 878.0M
Pitch Price
CAD 27.00
Price Target
40.00 (+47%)
Dividend
0.35%
EV/EBITDA
N/A
P/E
28.91
EV/Sales
N/A
Sector
Banks
Category
growth
VersaBank: A Bank That Prints Like Software — With a Lottery Ticket Stapled On
VBNK: Branchless B2B lender at ~1.5x book, US$650M cap, ~10x 2027 EPS. Q rev +27%, EPS +45%; 2.7% NIM, 0.04% loss rate via Structured Receivable Program. US copy-paste of proven Canadian model into 10x market; 2030 EPS $5-6 est. Free tokenized-deposit option valued at zero. Risk: capital/equity raise, but accretive above book.
Read full article (9 min)