VersaBank Financial Statements From 2010 to 2025

VBNK Stock  USD 13.31  0.01  0.08%   
VersaBank financial statements provide useful quarterly and yearly information to potential VersaBank investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on VersaBank financial statements helps investors assess VersaBank's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting VersaBank's valuation are summarized below:
Gross Profit
113.8 M
Profit Margin
0.4104
Market Capitalization
434 M
Enterprise Value Revenue
6.5528
Revenue
113.8 M
There are currently one hundred twenty fundamental trend indicators for VersaBank that can be evaluated and compared over time across competition. We recommend to double-check VersaBank's current fundamental drivers against the all of the trends between 2010 and 2025. Market Cap is expected to rise to about 513.6 M this year. Enterprise Value is expected to rise to about 403.3 M this year

VersaBank Total Revenue

134.8 Million

Check VersaBank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VersaBank's main balance sheet or income statement drivers, such as Interest Expense of 220.7 M, Selling General Administrative of 62.7 M or Total Revenue of 134.8 M, as well as many indicators such as Price To Sales Ratio of 2.68, Dividend Yield of 0.0072 or PTB Ratio of 0.89. VersaBank financial statements analysis is a perfect complement when working with VersaBank Valuation or Volatility modules.
  
Check out the analysis of VersaBank Correlation against competitors.
For more information on how to buy VersaBank Stock please use our How to buy in VersaBank Stock guide.

VersaBank Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets5.8 B5.6 B2.7 B
Slightly volatile
Short and Long Term Debt Total70.8 M124.9 M68.6 M
Slightly volatile
Total Current Liabilities10.6 M11.1 M47.7 M
Very volatile
Total Stockholder Equity253.1 M459.1 M245.8 M
Slightly volatile
Property Plant And Equipment Net32.1 M30.6 M11.5 M
Slightly volatile
Accounts Payable8.2 M8.6 M46.8 M
Very volatile
Cash178 M259 M168.9 M
Slightly volatile
Non Current Assets Total5.6 B5.3 B1.3 B
Slightly volatile
Other Assets5.8 B5.6 B2.2 B
Slightly volatile
Cash And Short Term Investments178 M260.1 M169 M
Slightly volatile
Net Receivables39.2 M37.4 M14.2 M
Slightly volatile
Common Stock Shares Outstanding23 M29.9 M21.6 M
Slightly volatile
Liabilities And Stockholders Equity5.8 B5.6 B2.7 B
Slightly volatile
Non Current Liabilities Total4.6 B4.4 B1.3 B
Slightly volatile
Total Liabilities5.4 B5.1 B2.4 B
Slightly volatile
Total Current Assets183.9 M260.1 M174.1 M
Slightly volatile
Common Stock190.7 M248 M175.2 M
Slightly volatile
Other Liabilities10.4 M11 M53.5 M
Slightly volatile
Net Tangible Assets287.5 M423.9 M249.1 M
Slightly volatile
Property Plant Equipment10.6 M11.5 M9.2 M
Slightly volatile
Long Term Debt73.7 M122.9 M63 M
Slightly volatile
Net Invested Capital378.4 M540.9 M319.7 M
Slightly volatile
Long Term Investments203.9 M194.2 M61.1 M
Slightly volatile
Capital Stock229.8 M262.7 M203 M
Slightly volatile
Current Deferred Revenue7.6 M8.1 M67.1 M
Slightly volatile
Capital Lease Obligations4.5 M4.3 M3.6 M
Slightly volatile
Property Plant And Equipment Gross23.5 M25.2 M20.7 M
Slightly volatile
Short Term Debt628.4 K661.5 K5.7 M
Slightly volatile
Intangible Assets14.6 M13.9 M5.4 M
Slightly volatile

VersaBank Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense220.7 M210.2 M72.1 M
Slightly volatile
Selling General Administrative62.7 M59.7 M30.6 M
Slightly volatile
Total Revenue134.8 M128.4 M64.4 M
Slightly volatile
Gross Profit134.8 M128.4 M64.4 M
Slightly volatile
Other Operating Expenses134.8 M128.4 M36.2 M
Slightly volatile
Operating Income69.6 M66.3 M33.6 M
Slightly volatile
EBIT69.6 M66.3 M33.6 M
Slightly volatile
EBITDA71.8 M68.3 M34.6 M
Slightly volatile
Income Before Tax66.2 M63 M28 M
Slightly volatile
Net Income48 M45.7 M20.8 M
Slightly volatile
Depreciation And Amortization3.2 MM1.3 M
Slightly volatile
Net Income Applicable To Common Shares23.9 M47.4 M23 M
Slightly volatile
Tax Provision10.2 M17.8 M9.2 M
Slightly volatile
Net Interest Income72.7 M115.1 M65.3 M
Slightly volatile
Interest Income276.9 M263.7 M124.2 M
Slightly volatile
Net Income From Continuing Ops26.6 M48.5 M24.3 M
Slightly volatile
Reconciled Depreciation1.5 M2.1 M1.1 M
Slightly volatile
Selling And Marketing Expenses28.3 M31.8 M34.7 M
Slightly volatile

VersaBank Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow167.3 M152.1 M153 M
Pretty Stable
Net Income48 M45.7 M20.8 M
Slightly volatile
End Period Cash Flow178 M259 M168.9 M
Slightly volatile
Depreciation3.2 MM1.3 M
Slightly volatile
Stock Based Compensation380.2 K400.2 K18.1 M
Very volatile
Dividends Paid3.5 M4.1 M2.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.684.383.3713
Very volatile
Dividend Yield0.00720.00760.0163
Slightly volatile
PTB Ratio0.891.570.859
Pretty Stable
Days Sales Outstanding76.0912277.5535
Slightly volatile
Book Value Per Share8.4613.8410.6418
Slightly volatile
Stock Based Compensation To Revenue0.00450.00280.0095
Pretty Stable
Capex To Depreciation6.676.351.7928
Slightly volatile
PB Ratio0.891.570.859
Pretty Stable
ROIC0.07330.07710.2779
Pretty Stable
Net Income Per Share1.451.380.8407
Slightly volatile
Sales General And Administrative To Revenue0.580.540.5351
Slightly volatile
Capex To Revenue0.160.150.0377
Slightly volatile
Cash Per Share8.7710.028.1512
Very volatile
Interest Coverage0.490.511.0654
Slightly volatile
Payout Ratio0.190.10.1784
Slightly volatile
ROE0.05380.08960.0677
Slightly volatile
PE Ratio18.0615.7216.4788
Slightly volatile
Return On Tangible Assets0.00570.00740.0071
Slightly volatile
Earnings Yield0.07320.06580.0887
Slightly volatile
Current Ratio0.04070.042910.9355
Slightly volatile
Tangible Book Value Per Share8.312.9910.4159
Slightly volatile
Receivables Turnover4.573.095.1895
Pretty Stable
Graham Number10.5320.7113.4658
Slightly volatile
Shareholders Equity Per Share8.4613.8410.6418
Slightly volatile
Debt To Equity0.340.310.3116
Slightly volatile
Capex Per Share0.680.640.1452
Slightly volatile
Revenue Per Share2.013.872.5604
Slightly volatile
Interest Debt Per Share10.610.16.0062
Slightly volatile
Debt To Assets0.03310.02580.03
Slightly volatile
Price Earnings Ratio18.0615.7216.4788
Slightly volatile
Operating Cycle76.0912277.5535
Slightly volatile
Price Book Value Ratio0.891.570.859
Pretty Stable
Dividend Payout Ratio0.190.10.1784
Slightly volatile
Pretax Profit Margin0.30.440.3709
Slightly volatile
Ebt Per Ebit0.210.350.3032
Slightly volatile
Operating Profit Margin1.10.610.9536
Slightly volatile
Company Equity Multiplier11.1313.9410.4212
Pretty Stable
Long Term Debt To Capitalization0.260.230.2382
Slightly volatile
Total Debt To Capitalization0.250.21380.2316
Slightly volatile
Return On Capital Employed0.08340.07940.0399
Slightly volatile
Debt Equity Ratio0.340.310.3116
Slightly volatile
Ebit Per Revenue1.10.610.9536
Slightly volatile
Quick Ratio0.04070.042912.314
Slightly volatile
Net Income Per E B T0.620.650.7527
Pretty Stable
Cash Ratio0.04070.042910.5688
Slightly volatile
Cash Conversion Cycle72.0112266.6279
Very volatile
Days Of Sales Outstanding76.0912277.5535
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.091.071.0042
Very volatile
Price To Book Ratio0.891.570.859
Pretty Stable
Fixed Asset Turnover5.393.776.4731
Pretty Stable
Debt Ratio0.03310.02580.03
Slightly volatile
Price Sales Ratio2.684.383.3713
Very volatile
Return On Assets0.00570.00740.0071
Slightly volatile
Asset Turnover0.01940.02080.0238
Pretty Stable
Net Profit Margin0.220.320.2813
Slightly volatile
Gross Profit Margin1.771.992.167
Slightly volatile
Price Fair Value0.891.570.859
Pretty Stable
Return On Equity0.05380.08960.0677
Slightly volatile

VersaBank Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap513.6 M489.1 M229.6 M
Slightly volatile

VersaBank Fundamental Market Drivers

Forward Price Earnings8.285
Cash And Short Term Investments226.2 M
Forward Annual Dividend Rate0.07

VersaBank Upcoming Events

13th of March 2024
Upcoming Quarterly Report
View
5th of June 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
11th of December 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of October 2023
Last Financial Announcement
View

About VersaBank Financial Statements

VersaBank investors utilize fundamental indicators, such as revenue or net income, to predict how VersaBank Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue8.1 M7.6 M
Total Revenue128.4 M134.8 M
Cost Of Revenue-548.1 K-575.5 K
Sales General And Administrative To Revenue 0.54  0.58 
Capex To Revenue 0.15  0.16 
Revenue Per Share 3.87  2.01 
Ebit Per Revenue 0.61  1.10 

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When determining whether VersaBank is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if VersaBank Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Versabank Stock. Highlighted below are key reports to facilitate an investment decision about Versabank Stock:
Check out the analysis of VersaBank Correlation against competitors.
For more information on how to buy VersaBank Stock please use our How to buy in VersaBank Stock guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VersaBank. If investors know VersaBank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VersaBank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Earnings Share
1.04
Revenue Per Share
4.385
Quarterly Revenue Growth
0.012
Return On Assets
0.011
The market value of VersaBank is measured differently than its book value, which is the value of VersaBank that is recorded on the company's balance sheet. Investors also form their own opinion of VersaBank's value that differs from its market value or its book value, called intrinsic value, which is VersaBank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VersaBank's market value can be influenced by many factors that don't directly affect VersaBank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VersaBank's value and its price as these two are different measures arrived at by different means. Investors typically determine if VersaBank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VersaBank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.