VersaBank Financial Statements From 2010 to 2024

VBNK Stock  USD 17.99  0.05  0.28%   
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
108 M
Profit Margin
0.4104
Market Capitalization
466.5 M
Enterprise Value Revenue
6.7635
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 2024. Enterprise Value is expected to rise to about 236.8 M this year, although the value of Market Cap will most likely fall to about 158.5 M.

VersaBank Total Revenue

131.18 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 156.1 M, Selling General Administrative of 26.7 M or Total Revenue of 131.2 M, as well as many indicators such as Price To Sales Ratio of 3.55, Dividend Yield of 0.0212 or PTB Ratio of 0.84. 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 Assets5.1 B4.8 B2.4 B
Slightly volatile
Short and Long Term Debt Total67.1 M127.2 M65.8 M
Slightly volatile
Total Current Liabilities10.6 M11.1 M50.2 M
Very volatile
Total Stockholder Equity238.8 M433.7 M232.9 M
Slightly volatile
Property Plant And Equipment Net8.1 M11.5 M7.7 M
Slightly volatile
Accounts Payable8.2 M8.6 M49.5 M
Very volatile
Cash172.6 M152.1 M157.6 M
Very volatile
Non Current Assets Total4.9 B4.7 B954.9 M
Slightly volatile
Other Assets1.091.151.3 B
Pretty Stable
Cash And Short Term Investments172.6 M152.1 M157.6 M
Very volatile
Net Receivables29.6 M28.2 M11.7 M
Slightly volatile
Common Stock Shares Outstanding22.6 M30.2 M21.3 M
Slightly volatile
Liabilities And Stockholders Equity5.1 B4.8 B2.4 B
Slightly volatile
Non Current Liabilities Total4.6 B4.4 B1.1 B
Slightly volatile
Total Liabilities4.6 B4.4 B2.2 B
Slightly volatile
Total Current Assets178.9 M152.1 M163.1 M
Very volatile
Common Stock186.5 M247 M172.2 M
Slightly volatile
Other Liabilities10.4 M11 M56.4 M
Slightly volatile
Net Tangible Assets287.5 M423.9 M241.1 M
Slightly volatile
Other Current Assets146.7 M180.3 M86.4 M
Slightly volatile
Property Plant Equipment10.6 M11.5 M9.2 M
Slightly volatile
Long Term Debt73.7 M122.9 M60.1 M
Slightly volatile
Net Invested Capital378.4 M540.9 M309.7 M
Slightly volatile
Long Term Investments203.9 M194.2 M53.9 M
Slightly volatile
Capital Stock229.8 M262.7 M201.3 M
Slightly volatile
Current Deferred Revenue7.6 M8.1 M70.9 M
Slightly volatile
Capital Lease Obligations4.5 M4.3 M3.5 M
Slightly volatile
Property Plant And Equipment Gross23.5 M25.2 M20.7 M
Slightly volatile
Short Term Debt628.4 K661.5 K6.1 M
Slightly volatile
Intangible Assets2.6 M2.5 M3.4 M
Slightly volatile

VersaBank Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense156.1 M148.7 M56.3 M
Slightly volatile
Selling General Administrative26.7 M17.3 M24 M
Slightly volatile
Total Revenue131.2 M124.9 M60.8 M
Slightly volatile
Gross Profit131.9 M125.6 M60.9 M
Slightly volatile
Operating Income69.6 M66.3 M32 M
Slightly volatile
EBIT69.6 M66.3 M32 M
Slightly volatile
EBITDA71.8 M68.3 M33 M
Slightly volatile
Income Before Tax69.6 M66.3 M26.7 M
Slightly volatile
Net Income50.9 M48.5 M20 M
Slightly volatile
Depreciation And Amortization1.1 M2.1 M976.6 K
Slightly volatile
Net Income Applicable To Common Shares23.9 M47.4 M21.8 M
Slightly volatile
Tax Provision10.2 M17.8 M8.8 M
Slightly volatile
Net Interest Income72.7 M115.1 M63 M
Slightly volatile
Interest Income276.9 M263.7 M117.2 M
Slightly volatile
Net Income From Continuing Ops26.6 M48.5 M23.1 M
Slightly volatile
Reconciled Depreciation1.5 M2.1 M1.1 M
Slightly volatile
Selling And Marketing Expenses28.3 M31.8 M34.6 M
Slightly volatile

VersaBank Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow168.9 M101.9 M151.2 M
Pretty Stable
Net Income50.9 M48.5 M20 M
Slightly volatile
End Period Cash Flow172.6 M152.1 M157.6 M
Very volatile
DepreciationM2.1 MM
Slightly volatile
Stock Based Compensation984.3 KM19.4 M
Pretty Stable
Dividends Paid3.5 M4.1 M2.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.552.93.2309
Pretty Stable
Dividend Yield0.02120.01520.0184
Very volatile
PTB Ratio0.840.830.7729
Slightly volatile
Days Sales Outstanding72.3869.6165.7927
Slightly volatile
Book Value Per Share8.1612.9210.2449
Slightly volatile
Stock Based Compensation To Revenue0.0050.00750.0103
Slightly volatile
Capex To Depreciation0.220.230.6041
Very volatile
PB Ratio0.840.830.7729
Slightly volatile
ROIC0.140.10.1304
Slightly volatile
Net Income Per Share1.521.440.8034
Slightly volatile
Sales General And Administrative To Revenue0.150.160.4857
Slightly volatile
Capex To Revenue0.00370.00390.009
Pretty Stable
Cash Per Share8.715.797.8278
Pretty Stable
Interest Coverage0.490.511.1067
Slightly volatile
Payout Ratio0.09330.09820.1777
Slightly volatile
ROE0.05180.10.0662
Slightly volatile
PE Ratio7.057.4215.3785
Slightly volatile
Return On Tangible Assets0.00560.00910.0071
Slightly volatile
Earnings Yield0.07430.140.0948
Slightly volatile
Current Ratio0.04070.042911.662
Slightly volatile
Tangible Book Value Per Share8.0612.6310.1079
Slightly volatile
Receivables Turnover4.745.435.8198
Pretty Stable
Graham Number21.5120.4913.5468
Slightly volatile
Shareholders Equity Per Share8.1612.9210.2449
Slightly volatile
Debt To Equity0.390.330.3477
Slightly volatile
Capex Per Share0.0310.01580.0223
Very volatile
Revenue Per Share1.93.72.4258
Slightly volatile
Interest Debt Per Share5.6210.345.4941
Pretty Stable
Debt To Assets0.03580.02920.0325
Slightly volatile
Price Earnings Ratio7.057.4215.3785
Slightly volatile
Price Book Value Ratio0.840.830.7729
Slightly volatile
Dividend Payout Ratio0.09330.09820.1777
Slightly volatile
Pretax Profit Margin0.290.480.3649
Slightly volatile
Ebt Per Ebit0.210.350.2972
Slightly volatile
Operating Profit Margin1.10.610.9815
Slightly volatile
Company Equity Multiplier10.9712.8110.2219
Slightly volatile
Long Term Debt To Capitalization0.260.250.2418
Slightly volatile
Total Debt To Capitalization0.260.250.242
Slightly volatile
Return On Capital Employed0.08340.07940.0367
Slightly volatile
Debt Equity Ratio0.390.330.3477
Slightly volatile
Ebit Per Revenue1.10.610.9815
Slightly volatile
Quick Ratio0.04070.042913.1324
Slightly volatile
Net Income Per E B T0.620.660.7552
Very volatile
Cash Ratio0.04070.042911.2709
Slightly volatile
Cash Conversion Cycle16.718.7920.4635
Slightly volatile
Days Of Sales Outstanding72.3869.6165.7927
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.091.041.0071
Pretty Stable
Price To Book Ratio0.840.830.7729
Slightly volatile
Fixed Asset Turnover5.559.767.0351
Pretty Stable
Debt Ratio0.03580.02920.0325
Slightly volatile
Price Sales Ratio3.552.93.2309
Pretty Stable
Return On Assets0.00560.0090.0071
Slightly volatile
Asset Turnover0.01950.02310.024
Slightly volatile
Net Profit Margin0.220.350.2783
Slightly volatile
Gross Profit Margin1.771.992.1643
Slightly volatile
Price Fair Value0.840.830.7729
Slightly volatile
Return On Equity0.05180.10.0662
Slightly volatile

VersaBank Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap158.5 M245 M168.7 M
Slightly volatile

VersaBank Fundamental Market Drivers

Forward Price Earnings10.7296
Cash And Short Term Investments132.2 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 Revenue124.9 M131.2 M
Cost Of Revenue-548.1 K-575.5 K
Sales General And Administrative To Revenue 0.16  0.15 
Revenue Per Share 3.70  1.90 
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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)
Dividend Share
0.1
Earnings Share
1.25
Revenue Per Share
4.385
Quarterly Revenue Growth
0.012
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.