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VBNK logoVersaBank (VBNK) Earnings History

Annual and quarterly earnings data from 2011 to 2025

TTM Net Income
$31M
Profitable
TTM EPS
$1.34
Diluted
YoY EPS Growth
-39.6%
Declining
Net Margin
23.7%
Profitability
Operating Margin34.5%
Gross Margin100.0%
ROE6.1%
ROA0.5%
Highest Annual Net Income$42M (2023)
Highest Quarterly EPS$0.56 (Q1 2017)
Consecutive Profitable Years15 years
Q1 2026
Net Income$11M
EPS$0.34
QoQ Growth+113.0%Excellent

Loading earnings history...

VBNK EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-39.6%
Declining
3-Year
+4.4%
Solid
5-Year
+1.9%
Solid
10-Year
+10.6%
Strong

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

VBNK Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
2025100.0%34.5%23.7%
2024100.0%49.1%35.6%
202345.4%24.2%17.7%
202261.8%24.6%17.1%
202169.5%32.5%23.6%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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VersaBank (VBNK) Earnings Overview

As of May 8, 2026, VersaBank (VBNK) reported trailing twelve-month net income of $31M, reflecting -39.6% year-over-year growth. The company earned $1.34 per diluted share over the past four quarters, with a net profit margin of 23.7%.

Looking at the long-term picture, VBNK's 5-year EPS compound annual growth rate (CAGR) stands at +1.9%, reflecting modest earnings expansion. The company achieved its highest annual net income of $42M in fiscal 2023.

VersaBank maintains industry-leading profitability with a gross margin of 100.0%, operating margin of 34.5%, and net margin of 23.7%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including CUBI ($224M net income, 15.8% margin), AX ($476M net income, 22.4% margin), BSVN ($43M net income, 31.4% margin), VBNK has outperformed on profitability metrics. Compare VBNK vs CUBI →

VBNK Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
VBNK logoVBNKCurrent
$31M$1.3423.7%6.1%-39.6%—
CUBI logoCUBI
$224M$6.3315.8%11.3%+21.8%
AX logoAX
$476M$8.2422.4%17.4%-3.0%
BSVN logoBSVN
$43M$4.4931.4%18.6%-7.0%
NBTB logoNBTB
$169M$3.2219.5%9.9%+12.5%
SOFI logoSOFI
$481M$0.3610.1%5.7%+0.0%
Best in group
Lowest in group

VBNK Historical Earnings Data (2011–2025)

15 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$28M-28.4%$41M$0.9023.7%34.5%
2024$40M-5.7%$55M$1.4935.6%49.1%
2023$42M+86.1%$58M$1.5717.7%24.2%
2022$23M+1.2%$33M$0.7917.1%24.6%
2021$22M+15.3%$31M$0.9623.6%32.5%
2020$19M-3.9%$27M$0.8222.5%31.1%
2019$20M+11.7%$28M$0.8522.9%31.5%
2018$18M-7.2%$25M$0.8622.3%30.8%
2017$19M+129.9%$15M$0.8327.2%20.6%
2016$8M+3.1%$12M$0.3211.9%16.6%

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Compare VBNK vs BRK-A

Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..

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VBNK — Frequently Asked Questions

Quick answers to the most common questions about buying VBNK stock.

Is VBNK growing earnings?

VBNK EPS fell to $1.34, with earnings declining -39.6%. This contrasts with the 5-year CAGR of +1.9%. TTM net income dropped to $31M.

What are VBNK's profit margins?

VersaBank net margin is +23.7%, with operating margin at +34.5%. Above-average margins indicate pricing power.

How consistent are VBNK's earnings?

VBNK earnings data spans 2011-2025. The declining earnings trend is -39.6% YoY. Historical data enables comparison across business cycles.

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VBNK Earnings Over Time (2014–2025)

Net income and EPS trends