CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
VBNK
VersaBank
VBNK's fundamentals are mixed: revenue grew 68%, but its operating margin fell 16 points to 23%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
CIFR Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| N/A | |
| N/A |
CIFR's revenue and profitability are currently weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like CIFR.
VBNK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| N/A | |
| N/A |
VBNK's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like VBNK.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
VBNK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.7x | $5.74 | -76% |
| Fair | 13x | $8.48 | -65% |
| Expensive | 24x | $15.56 | -35% |
| Current | 36x | $23.97 | — |
Historical ranges are pointers, not guarantees.
VBNK's PE is 36x, but its earnings don't support one, so it isn't a reliable read right now.
CIFR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect CIFR's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
VBNK Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect strong earnings and revenue growth for VBNK, with profitability improving.
CIFR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$3.06 | -$2.86 |
| Q2 2026 | -$2.85 | -$2.40 |
| Q1 2026 | -$2.32 | -$1.94 |
| Q4 2025 | -$2.15 | -$2.01 |
| Q3 2025 | -$0.20 | -$0.07 |
| Q2 2025 | -$0.45 | -850% |
| Q1 2025 | -$0.38 | -733% |
| Q4 2024 | -$0.14 | -$0.04 |
VBNK has the stronger earnings trend. Trailing diluted EPS is down 1,630% for CIFR versus VBNK down 15%.
VBNK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.66 | -15% |
| Q1 2026 | $0.69 | -24% |
| Q4 2025 | $0.64 | -39% |
| Q3 2025 | $0.66 | -46% |
| Q2 2025 | $0.78 | -38% |
| Q1 2025 | $0.91 | -24% |
| Q4 2024 | $1.05 | -4.5% |
| Q3 2024 | $1.23 | +32% |
VBNK's earnings per share have fallen from their peak: $0.66 over the past year, against $1.25 in early 2024. Its recent earnings include one-off gains.
CIFR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $26.7M | -63% |
| Q2 2026 | $24.8M | -43% |
| Q1 2026 | $34.8M | -29% |
| Q4 2025 | $59.7M | +41% |
| Q3 2025 | $71.7M | +198% |
| Q2 2025 | $43.6M | +18% |
| Q1 2025 | $49M | +1.7% |
| Q4 2024 | $42.2M | -2.8% |
VBNK has the stronger quarterly revenue trend. Revenue is down 63% for CIFR versus up 184% for VBNK.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -269% | -217 points |
| Q2 2026 | -316% | -212 points |
| Q1 2026 | -329% | -251 points |
| Q4 2025 | -503% | -544 points |
| Q3 2025 | -52% | +327 points |
| Q2 2025 | -104% | -60 points |
| Q1 2025 | -78% | -175 points |
| Q4 2024 | 40% | +4 points |
CIFR's operating margin was −269% last quarter, down 217 points from the same quarter a year ago.
VBNK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $60.2M | +184% |
| Q1 2026 | $25.7M | +31% |
| Q4 2025 | $24.7M | +29% |
| Q3 2025 | $22.2M | +17% |
| Q2 2025 | $21.2M | +5.7% |
| Q1 2025 | $19.6M | -3.5% |
| Q4 2024 | $19.2M | -6.5% |
| Q3 2024 | $19M | +0.5% |
VBNK's revenue has grown year over year for five quarters in a row: $60M last quarter, up 184% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 12% | -27 points |
| Q1 2026 | 42% | +1.9 points |
| Q4 2025 | 28% | -1.4 points |
| Q3 2025 | 28% | -22 points |
| Q2 2025 | 39% | -18 points |
| Q1 2025 | 40% | -19 points |
| Q4 2024 | 30% | -28 points |
| Q3 2024 | 50% | -1.5 points |
VBNK's operating margin was 12% last quarter, down 27 points from the same quarter a year ago, near the bottom of its range since 2019.
CIFR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.7B | -$1.4B |
| Q2 2026 | -$653.8M | -$566.3M |
| Q1 2026 | -$462.5M | -$390.7M |
| Q4 2025 | -$280.3M | -$204.2M |
| Q3 2025 | -$256.2M | -$173.1M |
| Q2 2025 | -$87.5M | -$54.3M |
| Q1 2025 | -$71.8M | -$37.3M |
| Q4 2024 | -$76.1M | +$38M |
VBNK has the stronger cash trend. Its trailing FCF is up 309% versus its history, compared with CIFR at down 974%.
VBNK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$35M | +$34.4M |
| Q1 2026 | $39M | +$102.6M |
| Q4 2025 | $34.5M | -68% |
| Q3 2025 | $129.1M | +117% |
| Q2 2025 | -$69.4M | -296% |
| Q1 2025 | -$63.6M | -$39.7M |
| Q4 2024 | $107.8M | +113% |
| Q3 2024 | $59.5M | +$152.7M |
VBNK's free cash flow was $168M over the past year, about five times what it generated the year before. Free cash flow isn't a meaningful measure for financial services companies like VBNK.
CIFR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7.4% | +30.3M shares |
| 1 year | +12% | +46.5M shares |
| 3 years | +75% | +188M shares |
| 5 years | +102% | +222M shares |
CIFR has 440M diluted shares, up 12% from a year ago, despite $151M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $19.7M |
| Q2 2026 | $45.2M |
| Q1 2026 | $3.8M |
| Q4 2025 | $82.3M |
| Q3 2025 | $3M |
| Q2 2025 | $3.2M |
| Q1 2025 | $1.1M |
| Q4 2024 | $16.9M |
CIFR spent $151M buying back its own shares over the past year, about six times what it spent the year before.
VBNK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +123K shares |
| 1 year | -1.3% | -427K shares |
| 3 years | +23% | +5.9M shares |
| 5 years | +52% | +11M shares |
| Available history | +52% | +11M shares |
VBNK has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
CIFR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | -2.3x | Net Cash |
| Q1 2025 | 125.4x | High |
| Q4 2024 | 0.5x | Very low |
| Q3 2024 | -0.7x | Net Cash |
| Q2 2024 | -1.2x | Net Cash |
| Q1 2024 | -0.9x | Net Cash |
| Q4 2023 | -2.2x | Net Cash |
| Q2 2023 | -0.1x | Net Cash |
CIFR has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like CIFR.
VBNK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2021 | -5.3x | Net Cash |
| Q3 2021 | -6.4x | Net Cash |
| Q2 2021 | -5.9x | Net Cash |
| Q1 2021 | -7.1x | Net Cash |
| Q4 2020 | -8.6x | Net Cash |
| Q3 2020 | -11.8x | Net Cash |
| Q2 2020 | -11.0x | Net Cash |
| Q1 2020 | -3.2x | Net Cash |
VBNK has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like VBNK.
CIFR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.4 | Neutral |
| Stochastic | 7.8 | Oversold |
CIFR's weekly RSI is 34 (neutral) and its Stochastic is 8 (oversold).
VBNK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.9 | Neutral |
| Stochastic | 76.8 | Neutral |
VBNK's weekly RSI is 65 (neutral) and its Stochastic is 77 (neutral).
CIFR PE vs Financial Services Sector
| Metric | CIFR | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
CIFR has no meaningful PE right now: it lost money over the past year.
VBNK PE vs Financial Services Sector
| Metric | VBNK | Sector median | Relative |
|---|---|---|---|
| PE | 36x | 13x | 177% above |
| PE % | 100 | 66 | 34 pts above |
VBNK is trading at 36x earnings, a 177% premium to the Financial Services sector's median of 13x, though its earnings don't support one.
CIFR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.6 | 33% below |
| 20 week MA | $15.5 | 54% below |
| 50 week MA | $17.0 | 58% below |
| 100 week MA | $12.2 | 41% below |
| 200 week MA | $7.86 | 9% below |
CIFR is in a downtrend: it's below all five of its weekly moving averages, and 9% below its 200-week average.
VBNK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.8 | 5.2% above |
| 20 week MA | $21.7 | 11% above |
| 50 week MA | $18.4 | 30% above |
| 100 week MA | $15.1 | 59% above |
| 200 week MA | $12.5 | 91% above |
VBNK has the edge over CIFR on trend strength, trading above more of its moving averages.
CIFR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.92 | $9.95 | +0.3% |
| 2021 | $9.95 | $5.21 | -48% |
| 2022 | $5.21 | $0.54 | -90% |
| 2023 | $0.54 | $4.13 | +665% |
| 2024 | $4.13 | $4.86 | +18% |
| 2025 | $4.86 | $15.2 | +213% |
| 2026 YTD | $15.2 | $7.15 | -53% |
CIFR's yearly returns have swung widely, from +665% in 2023 to −90% in 2022. It's down 53% so far in 2026.
VBNK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.4 | $11.9 | +15% |
| 2022 | $11.9 | $7.67 | -35% |
| 2023 | $7.67 | $11.0 | +43% |
| 2024 | $11.0 | $13.6 | +24% |
| 2025 | $13.6 | $15.0 | +10% |
| 2026 YTD | $15.0 | $24.0 | +60% |
VBNK has the edge over CIFR on returns for 2026, with the stronger performance.