VersaBank Net Income Applicable To Common Shares from 2010 to 2026
| VBNK Stock | 22.19 0.45 2.07% |
Net Income Applicable To Common Shares | First Reported 2010-12-31 | Previous Quarter 32.7 M | Current Value 24.8 M | Quarterly Volatility 11.7 M |
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 216.8 M, Total Revenue of 367.3 M or Other Operating Expenses of 317.2 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.
VersaBank | Net Income Applicable To Common Shares |
Evaluating VersaBank's Net Income Applicable To Common Shares across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into VersaBank's fundamental strength.
Latest VersaBank's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of VersaBank over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. VersaBank's Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in VersaBank's overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
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Net Income Applicable To Common Shares |
| Timeline |
VersaBank Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | 18,493,335 | |
| Geometric Mean | 14,878,315 | |
| Coefficient Of Variation | 63.25 | |
| Mean Deviation | 9,287,453 | |
| Median | 17,271,000 | |
| Standard Deviation | 11,696,948 | |
| Sample Variance | 136.8T | |
| Range | 34.9M | |
| R-Value | 0.87 | |
| Mean Square Error | 35.2T | |
| R-Squared | 0.76 | |
| Slope | 2,017,985 | |
| Total Sum of Squares | 2189.1T |
VersaBank Net Income Applicable To Common Shares History
About VersaBank Financial Statements
VersaBank investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, 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 Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 32.7 M | 24.8 M |
Pair Trading with VersaBank
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VersaBank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VersaBank will appreciate offsetting losses from the drop in the long position's value.Moving together with VersaBank Stock
Moving against VersaBank Stock
The ability to find closely correlated positions to VersaBank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VersaBank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VersaBank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VersaBank to buy it.
The correlation of VersaBank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VersaBank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VersaBank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VersaBank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of VersaBank Correlation against competitors. To learn how to invest in VersaBank Stock, please use our How to Invest in VersaBank guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.