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Side-by-side financial comparison of New Gold Inc. (NGD) and VersaBank (VBNK). Click either name above to swap in a different company.

New Gold Inc. is the larger business by last-quarter revenue ($44.1M vs $26.7M, roughly 1.7× VersaBank).

JB Hi-Fi Limited is an Australian consumer electronics retail company. It is publicly listed on the Australian Securities Exchange. Its headquarters are located in Southbank, Melbourne, Victoria.

VersaBank is a Canada-based digital-first financial institution offering commercial lending, high-interest deposit accounts and customized financial services for SMEs, retail clients and institutional partners across North America. It operates no physical branches, using secure digital infrastructure to deliver efficient, cost-effective banking experiences.

NGD vs VBNK — Head-to-Head

Bigger by revenue
NGD
NGD
1.7× larger
NGD
$44.1M
$26.7M
VBNK

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
NGD
NGD
VBNK
VBNK
Revenue
$44.1M
$26.7M
Net Profit
$8.1M
Gross Margin
Operating Margin
Net Margin
30.3%
Revenue YoY
31.2%
Net Profit YoY
35.9%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NGD
NGD
VBNK
VBNK
Q1 26
$26.7M
Q3 25
$44.1M
$23.1M
Q2 25
$22.0M
Q1 25
$20.3M
Q3 24
$19.7M
Q2 24
$20.8M
Q1 24
$21.1M
Q3 23
$19.6M
Net Profit
NGD
NGD
VBNK
VBNK
Q1 26
$8.1M
Q3 25
$4.8M
Q2 25
$6.2M
Q1 25
$5.9M
Q3 24
$7.1M
Q2 24
$8.6M
Q1 24
$9.3M
Q3 23
$7.3M
Net Margin
NGD
NGD
VBNK
VBNK
Q1 26
30.3%
Q3 25
20.8%
Q2 25
28.3%
Q1 25
29.3%
Q3 24
35.9%
Q2 24
41.5%
Q1 24
44.0%
Q3 23
37.2%

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NGD
NGD
VBNK
VBNK
Cash + ST InvestmentsLiquidity on hand
$458.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$396.4M
Total Assets
$4.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NGD
NGD
VBNK
VBNK
Q1 26
$458.4M
Q3 25
$336.0M
Q2 25
$248.3M
Q1 25
$282.3M
Q3 24
$181.0M
Q2 24
$145.1M
Q1 24
$93.1M
Q3 23
$64.0M
Stockholders' Equity
NGD
NGD
VBNK
VBNK
Q1 26
$396.4M
Q3 25
$385.5M
Q2 25
$385.7M
Q1 25
$380.5M
Q3 24
$298.6M
Q2 24
$292.1M
Q1 24
$284.0M
Q3 23
$266.5M
Total Assets
NGD
NGD
VBNK
VBNK
Q1 26
$4.5B
Q3 25
$4.0B
Q2 25
$3.7B
Q1 25
$3.6B
Q3 24
$3.3B
Q2 24
$3.2B
Q1 24
$3.1B
Q3 23
$2.9B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NGD
NGD
VBNK
VBNK
Operating Cash FlowLast quarter
$40.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
5.03×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NGD
NGD
VBNK
VBNK
Q1 26
$40.6M
Q3 25
Q2 25
Q1 25
$-65.0M
Q3 24
Q2 24
Q1 24
$-13.2M
Q3 23
Cash Conversion
NGD
NGD
VBNK
VBNK
Q1 26
5.03×
Q3 25
Q2 25
Q1 25
-10.94×
Q3 24
Q2 24
Q1 24
-1.43×
Q3 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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