VersaBank Financial Statements From 2010 to 2026

VBNK Stock  USD 15.90  0.39  2.51%   
Analyzing historical trends in various income statement and balance sheet accounts from VersaBank's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting VersaBank's valuation are summarized below:
Gross Profit
120.2 M
Profit Margin
0.2367
Market Capitalization
495.5 M
Enterprise Value Revenue
6.3247
Revenue
120.2 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 2026. Market Cap is expected to rise to about 498.4 M this year, although Enterprise Value will most likely fall to about 44.4 M.

VersaBank Total Revenue

98.79 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 Depreciation And Amortization of 3.7 M, Interest Expense of 216.8 M or Selling General Administrative of 31.7 M, as well as many indicators such as Price To Sales Ratio of 2.0, Dividend Yield of 0.0067 or PTB Ratio of 0.95. VersaBank financial statements analysis is a perfect complement when working with VersaBank Valuation or Volatility modules.
  
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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 AssetsB6.7 BB
Slightly volatile
Short and Long Term Debt Total80.4 M119 M76.2 M
Slightly volatile
Total Current Liabilities5.9 B5.6 B2.3 B
Slightly volatile
Total Stockholder Equity643.2 M612.6 M294.8 M
Slightly volatile
Property Plant And Equipment Net31.8 M30.3 M12.4 M
Slightly volatile
Accounts Payable10.6 M11.1 M44.2 M
Pretty Stable
Cash702.4 M669 M248.1 M
Slightly volatile
Non Current Assets Total6.3 BB2.4 B
Slightly volatile
Other Assets5.8 B5.6 B2.4 B
Slightly volatile
Cash And Short Term Investments703.6 M670.1 M262.5 M
Slightly volatile
Net Receivables18.3 M27.7 M22.9 M
Slightly volatile
Common Stock Shares Outstanding23.8 M36.2 M22.6 M
Slightly volatile
Liabilities And Stockholders EquityB6.7 BB
Slightly volatile
Non Current Liabilities Total501 M477.2 M178.2 M
Slightly volatile
Other Stockholder Equity2.1 M2.2 M13.1 M
Slightly volatile
Total Liabilities6.4 B6.1 B2.7 B
Slightly volatile
Total Current Assets740.7 M705.5 M291.2 M
Slightly volatile
Common Stock190.8 M374.8 M186.3 M
Slightly volatile
Intangible Assets7.4 M12.1 M7.3 M
Pretty Stable
Other Liabilities10.4 M11 M50.9 M
Slightly volatile
Net Tangible Assets287.5 M423.9 M256.1 M
Slightly volatile
Property Plant Equipment10.6 M11.5 M9.3 M
Slightly volatile
Long Term Debt83.6 M119 M65.5 M
Slightly volatile
Net Invested Capital440.3 M731.6 M355 M
Slightly volatile
Long Term Investments99.3 M94.2 M58 M
Slightly volatile
Capital Stock246.8 M374.8 M217.1 M
Slightly volatile
Current Deferred Revenue7.6 M8.1 M63.6 M
Slightly volatile
Capital Lease ObligationsM5.7 M3.9 M
Slightly volatile
Property Plant And Equipment Gross30.3 M45.8 M24.5 M
Slightly volatile
Short Term Debt372.7 K392.3 K5.4 M
Slightly volatile

VersaBank Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization3.7 M3.6 M1.5 M
Slightly volatile
Interest Expense216.8 M206.4 M78 M
Slightly volatile
Selling General Administrative31.7 M38.8 M29.6 M
Slightly volatile
Total Revenue98.8 M138.3 M93.2 M
Slightly volatile
Gross Profit145.2 M138.3 M68.6 M
Slightly volatile
Other Operating Expenses72 M90.5 M67.3 M
Slightly volatile
Operating Income26.4 M47.7 M25.6 M
Slightly volatile
EBIT26.4 M47.7 M25.6 M
Slightly volatile
EBITDA27.6 M51.3 M26.8 M
Slightly volatile
Cost Of Revenue220.4 M209.9 M78.8 M
Slightly volatile
Total Operating Expenses95.1 M90.5 M41.4 M
Slightly volatile
Income Before Tax26.4 M47.7 M25.6 M
Slightly volatile
Net Income19.7 M32.7 M18.9 M
Slightly volatile
Selling And Marketing Expenses54.3 M51.8 M28.3 M
Slightly volatile
Net Income Applicable To Common Shares23.9 M47.4 M24.1 M
Slightly volatile
Tax Provision11.5 M15 M9.3 M
Slightly volatile
Net Interest Income84.6 M133.6 M70.2 M
Slightly volatile
Interest Income357 M340 M146.8 M
Slightly volatile
Net Income From Continuing Ops29.3 M32.7 M23.6 M
Slightly volatile
Reconciled Depreciation1.9 M3.6 M1.4 M
Slightly volatile

VersaBank Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow172.6 M259 M163.9 M
Slightly volatile
Net Income19.7 M32.7 M18.9 M
Slightly volatile
End Period Cash Flow702.4 M669 M248.1 M
Slightly volatile
Depreciation3.7 M3.6 M1.5 M
Slightly volatile
Stock Based Compensation69.3 K72.9 K17 M
Very volatile
Dividends Paid3.5 M3.7 M2.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.01.991.855
Very volatile
Dividend Yield0.00670.00710.0157
Slightly volatile
PTB Ratio0.951.140.8672
Very volatile
Days Sales Outstanding28.8133.2535.4285
Pretty Stable
Book Value Per Share8.4715.2211.0062
Slightly volatile
Stock Based Compensation To Revenue2.0E-42.0E-40.0051
Very volatile
Capex To Depreciation0.260.280.9713
Pretty Stable
PB Ratio0.951.140.8672
Very volatile
ROIC0.02780.0270.0339
Slightly volatile
Net Income Per Share0.580.810.733
Slightly volatile
Payables Turnover12.6812.085.5886
Slightly volatile
Sales General And Administrative To Revenue0.320.270.2914
Slightly volatile
Capex To Revenue0.00270.00280.0087
Pretty Stable
Cash Per Share17.4816.649.6608
Slightly volatile
Interest Coverage0.370.210.4504
Pretty Stable
Payout Ratio0.180.130.1758
Slightly volatile
Days Payables Outstanding23.2624.48493
Pretty Stable
ROE0.04990.04810.0599
Slightly volatile
PE Ratio36.9621.3134.1882
Slightly volatile
Return On Tangible Assets0.00530.00440.0065
Slightly volatile
Earnings Yield0.06690.04860.0815
Slightly volatile
Intangibles To Total Assets0.00280.00350.0037
Slightly volatile
Current Ratio0.140.152.1358
Slightly volatile
Tangible Book Value Per Share8.3414.5610.7982
Slightly volatile
Receivables Turnover11.4611.3610.5373
Pretty Stable
Graham Number10.2216.6813.1273
Slightly volatile
Shareholders Equity Per Share8.4715.2211.0062
Slightly volatile
Debt To Equity0.370.230.3266
Slightly volatile
Capex Per Share0.02590.02730.0639
Pretty Stable
Revenue Per Share9.128.695.528
Slightly volatile
Interest Debt Per Share4.498.165.6901
Slightly volatile
Debt To Assets0.03430.0210.0307
Slightly volatile
Short Term Coverage Ratios197222242
Slightly volatile
Price Earnings Ratio36.9621.3134.1882
Slightly volatile
Operating Cycle28.8133.2535.4285
Pretty Stable
Price Book Value Ratio0.951.140.8672
Very volatile
Days Of Payables Outstanding23.2624.48493
Pretty Stable
Dividend Payout Ratio0.180.130.1758
Slightly volatile
Pretax Profit Margin0.150.120.1826
Slightly volatile
Ebt Per Ebit0.220.240.2618
Slightly volatile
Operating Profit Margin0.150.120.1835
Slightly volatile
Company Equity Multiplier11.5212.5410.3617
Pretty Stable
Long Term Debt To Capitalization0.260.190.2298
Slightly volatile
Total Debt To Capitalization0.260.190.2325
Slightly volatile
Return On Capital Employed0.03760.03940.0456
Slightly volatile
Debt Equity Ratio0.370.230.3266
Slightly volatile
Ebit Per Revenue0.150.120.1835
Slightly volatile
Quick Ratio0.140.152.1358
Slightly volatile
Net Income Per E B T0.90.790.8297
Slightly volatile
Cash Ratio0.130.141.9241
Slightly volatile
Days Of Sales Outstanding28.8133.2535.4285
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio1.11.141.0138
Slightly volatile
Price To Book Ratio0.951.140.8672
Very volatile
Fixed Asset Turnover13.8813.2712.7024
Very volatile
Debt Ratio0.03430.0210.0307
Slightly volatile
Price Sales Ratio2.01.991.855
Very volatile
Return On Assets0.00530.00440.0064
Slightly volatile
Asset Turnover0.03670.04710.0454
Slightly volatile
Net Profit Margin0.110.08420.1401
Slightly volatile
Gross Profit Margin0.420.360.5092
Pretty Stable
Price Fair Value0.951.140.8672
Very volatile
Return On Equity0.04990.04810.0599
Slightly volatile

VersaBank Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap498.4 M474.7 M246.8 M
Slightly volatile

VersaBank Fundamental Market Drivers

Forward Price Earnings14.9477
Cash And Short Term Investments582.7 M

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 Revenue138.3 M98.8 M
Cost Of Revenue209.9 M220.4 M
Sales General And Administrative To Revenue 0.27  0.32 
Revenue Per Share 8.69  9.12 
Ebit Per Revenue 0.12  0.15 

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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 Stocks Directory module to find actively traded stocks across global markets.
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. Comprehensive VersaBank assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.20)
Dividend Share
0.1
Earnings Share
0.67
Revenue Per Share
3.816
Quarterly Revenue Growth
0.231
Understanding VersaBank requires distinguishing between market price and book value, where the latter reflects VersaBank's accounting equity. The concept of intrinsic value—what VersaBank's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push VersaBank's price substantially above or below its fundamental 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. In contrast, VersaBank's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.