Versabank key statistics and ratios

In fiscal 2025, Versabank had return on equity of 6.1%, a net margin of 22.8% and debt equal to 0.0% of equity. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Versabank: financial ratios, annual
Fiscal year	2020Oct 2020	2021Oct 2021	2022Oct 2022	2023Oct 2023	2024Oct 2024	2025Oct 2025
Net margin	35.8%	34.2%	27.5%	38.8%	35.6%	22.8%
Free-cash-flow margin	257.2%	−165.7%	−40.3%	86.9%	227.6%	34.9%
Return on equity	7.5%	7.8%	6.7%	11.8%	10.5%	6.1%
Return on assets	1.0%	1.0%	0.8%	1.2%	0.9%	0.5%
Asset turnover	0.03	0.03	0.03	0.03	0.03	0.02
Debt to equity	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Effective tax rate	27.5%	27.3%	30.4%	26.9%	27.5%	31.4%
Capital spending as % of revenue	0.5%	0.0%	0.7%	0.3%	16.6%	0.8%
Free cash flow ÷ net income	718.1%	−484.0%	−146.7%	223.8%	639.3%	152.8%
Dividends ÷ net income	22.1%	17.2%	16.5%	8.5%	9.0%	11.4%
Dividends and buybacks ÷ free cash flow	3.1%	—	—	3.8%	1.4%	7.4%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

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Figures from Versabank's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Versabank.