VersaBank (VBNK) Projected to Announce Earnings on Thursday

VersaBank (NASDAQ:VBNK) is expected to announce its Q3 2026 results before the market opens on Thursday, September 3rd. Analysts expect VersaBank to post earnings of $0.35 per share and revenue of $28.7560 million for the quarter. Individuals may visit the the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Thursday, September 3, 2026 at 9:00 AM ET.

VersaBank (NASDAQ:VBNK) last released its quarterly earnings results on Wednesday, June 3rd. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.02. The firm had revenue of $28.17 million for the quarter, compared to analysts’ expectations of $26.86 million. VersaBank had a net margin of 9.34% and a return on equity of 8.32%. On average, analysts expect VersaBank to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

VersaBank Stock Down 3.3%

Shares of VBNK stock opened at $19.19 on Tuesday. VersaBank has a 12-month low of $10.78 and a 12-month high of $25.05. The company has a market capitalization of $620.41 million, a PE ratio of 27.81 and a beta of 1.06. The firm has a 50 day moving average price of $20.31 and a two-hundred day moving average price of $18.02.

Institutional Trading of VersaBank

Several large investors have recently modified their holdings of VBNK. Salzhauer Michael increased its position in shares of VersaBank by 68.4% in the second quarter. Salzhauer Michael now owns 16,843 shares of the company’s stock worth $192,000 after purchasing an additional 6,843 shares during the period. Citadel Advisors LLC bought a new stake in VersaBank during the third quarter worth about $198,000. Quadrature Capital Ltd acquired a new stake in VersaBank during the fourth quarter worth about $201,000. First Trust Advisors LP grew its stake in VersaBank by 33.0% during the second quarter. First Trust Advisors LP now owns 20,753 shares of the company’s stock worth $237,000 after buying an additional 5,144 shares in the last quarter. Finally, Geode Capital Management LLC acquired a new stake in VersaBank during the second quarter worth about $293,000. 56.86% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

VBNK has been the subject of several recent research reports. Roth Capital upgraded VersaBank from a “neutral” rating to a “buy” rating and boosted their price target for the company from $20.00 to $25.00 in a research note on Tuesday, June 30th. Zacks Research downgraded VersaBank from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 18th. Finally, Weiss Ratings cut shares of VersaBank from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $25.00.

About VersaBank

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.