Free Trial
→ The DOJ Just Said Your Money Isn’t Yours (From Priority Gold) (Ad) Buy VBNK Stock  Free VBNK Stock Alerts

VersaBank (VBNK) Financials

VersaBank logo
$11.62 +0.24 (+2.11%)
As of 03:20 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.
Compare
Annual Income Statements for VersaBank

Annual Income Statements for VersaBank

This table shows VersaBank's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020
Period end date 10/31/2024 10/31/2023 10/31/2022 10/31/2022 10/31/2020
Net Income / (Loss) Attributable to Common Shareholders		 29 30 17 17 15
Consolidated Net Income / (Loss)		 29 30 17 17 15
Net Income / (Loss) Continuing Operations		 29 30 17 17 15
Total Pre-Tax Income 		39 42 24 24 20
Total Revenue		 59 62 54 58 39
Net Interest Income / (Expense)		 59 62 54 54 38
Total Interest Income		 190 155 90 90 62
Loans and Leases Interest Income		 190 155 90 90 62
Total Interest Expense		 131 93 37 37 24
Deposits Interest Expense		 127 89 33 33 24
Long-Term Debt Interest Expense		 4.07 4.17 4.07 4.07 0.38
Total Non-Interest Income		 0.00 0.00 0.00 4.20 0.05
Provision for Credit Losses		 -0.19 0.44 0.33 0.33 -0.26
Total Non-Interest Expense		 20 20 29 36 21
Salaries and Employee Benefits		 24 23 20 20 13
Net Occupancy & Equipment Expense		 3.70 2.81 2.83 2.83 1.84
Other Operating Expenses		 -7.42 -5.17 6.88 11 4.13
Other Special Charges		 0.19 -0.02 -0.08 -0.08 0.00
Income Tax Expense		 11 11 7.25 7.25 5.52
Weighted Average Basic Shares Outstanding		 26.00M 25.96M - 27.25M 21.12M
Weighted Average Diluted Shares Outstanding		 26.00M 25.96M - 27.25M 21.12M
Weighted Average Basic & Diluted Shares Outstanding		 26.00M 25.96M - 27.43M 21.12M

Quarterly Income Statements for VersaBank

No quarterly income statements for VersaBank are available.

Annual Cash Flow Statements for VersaBank

This table details how cash moves in and out of VersaBank's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020
Period end date 10/31/2024 10/31/2023 10/31/2022 10/31/2021 10/31/2020
Net Change in Cash & Equivalents		 66 32 -132 134 18
Net Cash From Operating Activities		 105 32 -129 -87 105
Net Cash From Continuing Operating Activities		 105 32 -129 15 14
Net Income / (Loss) Continuing Operations		 0.00 30 0.00 18 15
Non-Cash Adjustments to Reconcile Net Income		 105 - -129 - 0.00
Net Cash From Investing Activities		 -22 0.00 -0.43 -6.81 7.32
Net Cash From Continuing Investing Activities		 -22 0.00 -0.43 -6.81 7.32
Purchase of Property, Leasehold Improvements and Equipment		 -13 - -0.43 -0.01 -0.18
Acquisitions		 -8.69 - - -6.03 0.00
Net Cash From Financing Activities		 -17 0.00 -4.62 106 -23
Net Cash From Continuing Financing Activities		 -13 0.00 -3.20 127 -3.48
Issuance of Common Equity		 0.44 - 0.00 131 0.00
Repayment of Debt		 -0.53 - -0.47 -1.14 0.00
Repurchase of Preferred Equity		 -10 0.00 - - -
Payment of Dividends		 -2.57 - -2.73 -3.10 -3.21
Effect of Exchange Rate Changes		 0.88 - -1.74 -0.63 0.00

Quarterly Cash Flow Statements for VersaBank

No quarterly cash flow statements for VersaBank are available.

Annual Balance Sheets for VersaBank

This table presents VersaBank's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020
Period end date 10/31/2024 10/31/2023 10/31/2022 10/31/2022 10/31/2020
Total Assets		 3,471 3,028 2,395 2,395 1,459
Cash and Due from Banks		 162 95 65 65 193
Loans and Leases, Net of Allowance		 0.00 0.00 2,194 2,194 1,242
Premises and Equipment, Net		 17 4.71 - - -
Goodwill		 8.82 4.15 - - -
Intangible Assets		 8.65 2.01 - - -
Other Assets		 21 26 32 32 24
Total Liabilities & Shareholders' Equity		 3,471 3,028 2,395 2,395 1,459
Total Liabilities		 3,185 2,756 2,137 2,137 1,268
Total Equity & Noncontrolling Interests		 286 272 257 257 192
Total Preferred & Common Equity		 286 272 257 256 192
Total Common Equity		 286 272 257 256 192
Common Stock		 156 166 177 176 137
Retained Earnings		 130 105 80 80 55
Accumulated Other Comprehensive Income / (Loss)		 -0.09 0.09 0.07 0.07 0.00

Quarterly Balance Sheets for VersaBank

No quarterly balance sheets for VersaBank are available.

Annual Metrics And Ratios for VersaBank

This table displays calculated financial ratios and metrics derived from VersaBank's official financial filings.

Metric 2024 2023 2022 2021 2020
Period end date 10/31/2024 10/31/2023 10/31/2022 10/31/2022 10/31/2020
Growth Metrics		 - - - - -
Revenue Growth		 -5.38% 16.26% 3.85% 49.89% 0.00%
EBITDA Growth		 -8.45% 78.51% 12.90% 20.23% 0.00%
EBIT Growth		 -5.87% 73.60% 12.90% 18.24% 0.00%
NOPAT Growth		 -6.14% 82.88% 0.00% 14.04% 0.00%
Net Income Growth		 -6.14% 82.88% -7.98% 14.04% 0.00%
EPS Growth		 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Growth		 226.98% 124.85% -47.38% -183.37% 0.00%
Free Cash Flow Firm Growth		 -11.67% -5.34% 134.00% 0.00% 0.00%
Invested Capital Growth		 5.38% 5.70% 0.00% 39.79% 0.00%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - -
EBITDA Margin		 66.41% 68.64% 44.70% 39.13% 48.79%
EBIT Margin		 66.41% 66.75% 44.70% 36.72% 46.55%
Profit (Net Income) Margin		 48.40% 48.80% 31.02% 28.77% 37.81%
Tax Burden Percent		 72.54% 73.14% 69.61% 69.61% 72.54%
Interest Burden Percent		 100.48% 99.94% 99.68% 112.54% 111.98%
Effective Tax Rate		 27.46% 26.86% 30.39% 30.39% 27.46%
Return on Invested Capital (ROIC)		 10.22% 11.49% 6.46% 7.23% 7.60%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 11.49% 6.46% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 0.00% 11.49% 6.46% 0.00% 0.00%
Cash Return on Invested Capital (CROIC)		 4.98% 5.95% 6.46% -25.95% 0.00%
Operating Return on Assets (OROA)		 1.20% 1.53% 1.10% 1.24% 1.23%
Return on Assets (ROA)		 0.88% 1.12% 0.77% 0.98% 1.00%
Return on Common Equity (ROCE)		 0.00% 11.49% 6.46% 0.00% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 9.96% 11.18% 6.46% 6.20% 7.60%
Net Operating Profit after Tax (NOPAT)		 29 30 17 17 15
NOPAT Margin		 48.40% 48.80% 31.02% 28.77% 37.81%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 46.20% 40.89% 41.98% 38.93% 37.84%
Operating Expenses to Revenue		 33.92% 32.54% 54.68% 62.71% 54.12%
Earnings before Interest and Taxes (EBIT)		 39 42 24 21 18
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 39 43 24 23 19
Valuation Ratios		 - - - - -
Price to Book Value (P/BV)		 1.36 0.76 0.73 0.70 0.00
Price to Tangible Book Value (P/TBV)		 1.45 0.78 0.73 0.70 0.00
Price to Revenue (P/Rev)		 6.61 3.33 3.50 3.24 0.00
Price to Earnings (P/E)		 13.66 6.82 11.29 11.27 0.00
Dividend Yield		 0.54% 1.32% 1.46% 1.47% 0.00%
Earnings Yield		 7.32% 14.67% 8.86% 8.87% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.80 0.41 0.48 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 3.87 1.80 2.29 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 5.82 2.62 5.12 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 5.82 2.69 5.12 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 7.99 3.68 7.38 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 2.18 3.49 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 16.41 7.11 7.38 0.00 0.00
Leverage & Solvency		 - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 0.00 0.00 0.00 0.00 0.00
Leverage Ratio		 11.64 10.25 8.27 7.41 7.61
Compound Leverage Factor		 11.70 10.25 8.25 8.34 8.53
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - -
Cash Flow Metrics		 - - - - -
Free Cash Flow to Firm (FCFF)		 14 16 17 -60 0.00
Operating Cash Flow to CapEx		 784.89% 0.00% -30,226.36% -773,610.89% 56,977.61%
Free Cash Flow to Firm to Interest Expense		 0.11 0.17 0.45 -1.62 0.00
Operating Cash Flow to Interest Expense		 0.80 0.34 -3.50 -2.38 4.37
Operating Cash Flow Less CapEx to Interest Expense		 0.70 0.34 -3.51 -2.38 4.36
Efficiency Ratios		 - - - - -
Asset Turnover		 0.02 0.02 0.02 0.03 0.03
Fixed Asset Turnover		 5.39 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - -
Invested Capital		 286 272 257 268 192
Invested Capital Turnover		 0.21 0.24 0.21 0.25 0.20
Increase / (Decrease) in Invested Capital		 15 15 0.00 76 0.00
Enterprise Value (EV)		 228 112 123 -32 0.00
Market Capitalization		 389 207 187 187 0.00
Book Value per Share		 $11.03 $9.97 $9.37 $9.76 $9.07
Tangible Book Value per Share		 $10.36 $9.75 $9.37 $9.76 $9.07
Total Capital		 286 272 257 268 192
Total Debt		 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00
Net Debt		 -162 -95 -65 -219 -193
Capital Expenditures (CapEx)		 13 0.00 0.43 0.01 0.18
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 0.00 0.00 0.00 0.00 0.00
Total Depreciation and Amortization (D&A)		 0.00 1.17 0.00 1.39 0.86
Earnings Adjustments		 - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 26.00M 25.96M 0.00 27.25M 0.00
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 26.00M 25.96M 0.00 27.25M 0.00
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 26.00M 25.96M 0.00 27.43M 0.00
Normalized Net Operating Profit after Tax (NOPAT)		 29 30 17 17 15
Normalized NOPAT Margin		 48.63% 48.77% 30.92% 28.68% 37.81%
Pre Tax Income Margin		 66.73% 66.72% 44.56% 41.32% 52.12%
Debt Service Ratios		 - - - - -
EBIT to Interest Expense		 0.30 0.45 0.65 0.58 0.75
NOPAT to Interest Expense		 0.22 0.33 0.45 0.45 0.61
EBIT Less CapEx to Interest Expense		 0.20 0.45 0.64 0.58 0.74
NOPAT Less CapEx to Interest Expense		 0.12 0.33 0.44 0.45 0.60
Payout Ratios		 - - - - -
Dividend Payout Ratio		 9.03% 0.00% 16.46% 18.67% 22.06%
Augmented Payout Ratio		 9.03% 0.00% 16.46% 18.67% 22.06%

Quarterly Metrics And Ratios for VersaBank

No quarterly metrics and ratios for VersaBank are available.

Frequently Asked Questions About VersaBank's Financials

When does VersaBank's fiscal year end?

According to the most recent income statement we have on file, VersaBank's financial year ends in October. Their financial year 2024 ended on October 31, 2024.

How has VersaBank's net income changed over the last 4 years?

VersaBank's net income appears to be on an upward trend, with a most recent value of $28.52 million in 2024, rising from $14.57 million in 2020. The previous period was $30.38 million in 2023. Check out VersaBank's forecast to explore projected trends and price targets.

How has VersaBank revenue changed over the last 4 years?

Over the last 4 years, VersaBank's total revenue changed from $38.53 million in 2020 to $58.91 million in 2024, a change of 52.9%.

How much debt does VersaBank have?

VersaBank's total liabilities were at $3.18 billion at the end of 2024, a 15.6% increase from 2023, and a 151.2% increase since 2020.

How much cash does VersaBank have?

In the past 4 years, VersaBank's cash and equivalents has ranged from $64.95 million in 2021 to $193.41 million in 2020, and is currently $161.60 million as of their latest financial filing in 2024.

How has VersaBank's book value per share changed over the last 4 years?

Over the last 4 years, VersaBank's book value per share changed from 9.07 in 2020 to 11.03 in 2024, a change of 21.6%.


Related Companies

This page (NASDAQ:VBNK) was last updated on 5/22/2025 by MarketBeat.com Staff
From Our Partners
July 2025 Rule Change to Impact Retirement Investors
There's a massive change from a new rule going into effect this July. And it's one the Big Banks are alread...
Premier Gold Co | Sponsored
Think NVDA’s run was epic? You ain’t seen nothin’ yet
Ask most investors and they’ll probably tell you Nvidia is the undisputed AI stock of the decade. In 2023, ...
Timothy Sykes | Sponsored
The DOJ Just Said Your Money Isn’t Yours
What If Washington Declared That: YOUR Money ISN'T Actually Yours? Sounds insane, but that's exactly what ...
Priority Gold | Sponsored
The Collapse Has Already Started — Your 401(k) Is Next
There's a major heist happening on American wealth in real time. Except this one doesn't involve masks or v...
American Hartford Gold | Sponsored
Elon’s 2025 Silver Crisis (What It Means for You)
Elon Musk is back in the spotlight—this time for fueling a global scramble for silver. Tesla's relentless p...
GoldenCrest Metals | Sponsored
The Secret Map of America, Declassified…
Locked inside a Maryland man’s private safe is a map. But not just any map, mind you… This map shows a “...
Banyan Hill Publishing | Sponsored
Trump’s treachery
Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to ...
Porter & Company | Sponsored
The Trump Dump is starting; Get out of stocks now?
The first 365 days of the Trump presidency… Will be the best time to get rich in American history.
Paradigm Press | Sponsored
OSZAR »