VersaBank (VBNK) Expected to Announce Earnings on Wednesday

VersaBank (NASDAQ:VBNK) is projected to announce its Q2 2026 results before the market opens on Wednesday, June 3rd. Analysts expect the company to announce earnings of $0.28 per share and revenue of $26.9210 million for the quarter. Investors can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, June 3, 2026 at 9:00 AM ET.

VersaBank (NASDAQ:VBNK) last posted its earnings results on Tuesday, March 3rd. The company reported $0.27 EPS for the quarter, hitting the consensus estimate of $0.27. VersaBank had a net margin of 10.03% and a return on equity of 7.70%. The business had revenue of $26.80 million for the quarter, compared to the consensus estimate of $26.92 million. On average, analysts expect VersaBank to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

VersaBank Price Performance

NASDAQ:VBNK opened at $17.98 on Wednesday. The firm’s 50 day simple moving average is $16.33 and its 200 day simple moving average is $15.17. VersaBank has a one year low of $10.10 and a one year high of $19.02. The company has a market cap of $578.42 million, a PE ratio of 25.69 and a beta of 1.11.

VersaBank Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Friday, April 10th were given a dividend of $0.025 per share. The ex-dividend date was Friday, April 10th. This represents a $0.10 annualized dividend and a yield of 0.6%. VersaBank’s dividend payout ratio (DPR) is currently 10.00%.

Analysts Set New Price Targets

Several equities research analysts recently commented on VBNK shares. Weiss Ratings upgraded shares of VersaBank from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 1st. Zacks Research upgraded shares of VersaBank from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, VersaBank has a consensus rating of “Moderate Buy” and an average target price of $13.00.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Alliancebernstein L.P. raised its holdings in VersaBank by 2.7% during the 3rd quarter. Alliancebernstein L.P. now owns 2,915,984 shares of the company’s stock worth $35,604,000 after purchasing an additional 75,358 shares during the last quarter. Mendon Capital Advisors Corp increased its stake in shares of VersaBank by 2.6% in the 4th quarter. Mendon Capital Advisors Corp now owns 1,057,693 shares of the company’s stock valued at $15,392,000 after acquiring an additional 26,559 shares in the last quarter. Curi Capital LLC increased its stake in shares of VersaBank by 5.0% in the 2nd quarter. Curi Capital LLC now owns 800,000 shares of the company’s stock valued at $9,120,000 after acquiring an additional 38,337 shares in the last quarter. Pembroke Management LTD increased its stake in shares of VersaBank by 40.7% in the 4th quarter. Pembroke Management LTD now owns 736,222 shares of the company’s stock valued at $11,029,000 after acquiring an additional 213,037 shares in the last quarter. Finally, TCW Group Inc. increased its stake in shares of VersaBank by 8.2% in the 4th quarter. TCW Group Inc. now owns 674,277 shares of the company’s stock valued at $10,101,000 after acquiring an additional 50,900 shares in the last quarter. Institutional investors own 56.86% of the company’s stock.

VersaBank Company Profile

VersaBank is a Canadian Schedule I chartered bank that operates as a fully digital institution, offering a range of deposit and lending solutions through its proprietary technology platform. Headquartered in London, Ontario, the bank has chosen to forego a traditional branch network in favor of online and digital distribution, enabling it to serve clients across Canada and the United States with efficiency and lower overhead.

The bank’s primary business activities include the origination and securitization of commercial loans, equipment financing, residential mortgages and construction loans.