VersaBank (VBNK) Financials

$21.90 0.00 (0.00%)

Closing price 07/2/2026 04:00 PM Eastern

Extended Trading

$21.94 +0.04 (+0.18%)

As of 07/2/2026 05:39 PM Eastern

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	2020	2021	2022	2023	2024	2025
Period end date	10/31/2020	10/31/2022	10/31/2022	10/31/2023	10/31/2024	10/31/2025
Net Income / (Loss) Attributable to Common Shareholders	15	17	17	30	29	21
Consolidated Net Income / (Loss)	15	17	17	30	29	20
Net Income / (Loss) Continuing Operations	15	17	17	30	29	21
Total Pre-Tax Income	20	24	24	42	39	30
Total Revenue	39	58	54	62	59	67
Net Interest Income / (Expense)	38	54	54	62	59	67
Total Interest Income	62	90	90	155	190	195
Loans and Leases Interest Income	62	90	90	155	190	195
Total Interest Expense	24	37	37	93	131	128
Deposits Interest Expense	24	33	33	89	127	124
Long-Term Debt Interest Expense	0.38	4.07	4.07	4.17	4.07	3.93
Total Non-Interest Income	0.05	4.20	0.00	0.00	0.00	0.00
Provision for Credit Losses	-0.26	0.33	0.33	0.44	-0.19	3.15
Total Non-Interest Expense	21	36	29	20	20	34
Salaries and Employee Benefits	13	20	20	23	24	27
Net Occupancy & Equipment Expense	1.84	2.83	2.83	2.81	3.70	5.01
Other Operating Expenses	4.13	11	6.88	-5.17	-7.42	2.22
Other Special Charges	0.00	-0.08	-0.08	-0.02	0.19	-0.49
Income Tax Expense	5.52	7.25	7.25	11	11	9.30
Weighted Average Basic Shares Outstanding	21.12M	27.25M	-	25.96M	26.00M	31.95M
Weighted Average Diluted Shares Outstanding	21.12M	27.25M	-	25.96M	26.00M	31.95M
Weighted Average Basic & Diluted Shares Outstanding	21.12M	27.43M	-	25.96M	26.00M	31.95M

No quarterly income statements for VersaBank are available.

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	2020	2021	2022	2023	2024	2025
Period end date	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025
Net Change in Cash & Equivalents	18	134	-132	32	66	256
Net Cash From Operating Activities	105	-87	-129	32	105	177
Net Cash From Continuing Operating Activities	14	15	-129	32	105	177
Net Income / (Loss) Continuing Operations	15	18	0.00	30	0.00	0.00
Non-Cash Adjustments to Reconcile Net Income	0.00	-	-129	-	105	177
Net Cash From Investing Activities	7.32	-6.81	-0.43	0.00	-22	-0.68
Net Cash From Continuing Investing Activities	7.32	-6.81	-0.43	0.00	-22	-0.68
Purchase of Property, Leasehold Improvements and Equipment	-0.18	-0.01	-0.43	-	-13	-0.68
Divestitures	-	-	-	-	-8.69	0.00
Net Cash From Financing Activities	-23	106	-4.62	0.00	-17	73
Net Cash From Continuing Financing Activities	-3.48	127	-3.20	0.00	-13	79
Issuance of Common Equity	0.00	131	0.00	-	0.44	82
Repayment of Debt	0.00	-1.14	-0.47	-	-0.53	-0.26
Repurchase of Preferred Equity	-	-	-	0.00	-10	0.00
Payment of Dividends	-3.21	-3.10	-2.73	-	-2.57	-2.31
Effect of Exchange Rate Changes	0.00	-0.63	-1.74	-	0.88	-1.64

No quarterly cash flow statements for VersaBank are available.

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	2020	2021	2022	2023	2024	2025
Period end date	10/31/2020	10/31/2022	10/31/2022	10/31/2023	10/31/2024	10/31/2025
Total Assets	1,459	2,395	2,395	3,028	3,471	4,146
Cash and Due from Banks	193	65	65	95	162	415
Loans and Leases, Net of Allowance	1,242	2,194	2,194	0.00	0.00	0.00
Premises and Equipment, Net	-	-	-	4.71	17	17
Goodwill	-	-	-	4.15	8.82	8.78
Intangible Assets	-	-	-	2.01	8.65	7.54
Other Assets	24	32	32	26	21	23
Total Liabilities & Shareholders' Equity	1,459	2,395	2,395	3,028	3,471	4,146
Total Liabilities	1,268	2,137	2,137	2,756	3,185	3,766
Total Equity & Noncontrolling Interests	192	257	257	272	286	380
Total Preferred & Common Equity	192	256	257	272	286	380
Total Common Equity	192	256	257	272	286	380
Common Stock	137	176	177	166	1.78	1.77
Retained Earnings	55	80	80	105	130	145
Accumulated Other Comprehensive Income / (Loss)	0.00	0.07	0.07	0.09	-0.09	0.40
Other Equity Adjustments	-	-	-	-	155	233

No quarterly balance sheets for VersaBank are available.

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

Metric	2020	2021	2022	2023	2024	2025
Period end date	10/31/2020	10/31/2022	10/31/2022	10/31/2023	10/31/2024	10/31/2025
DEI Shares Outstanding	-	-	-	-	-	31,945,535.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	31,945,535.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	0.64
Growth Metrics	-	-	-	-	-	-
Revenue Growth	0.00%	49.89%	3.85%	16.26%	-5.38%	13.92%
EBITDA Growth	0.00%	20.23%	12.90%	78.51%	-8.45%	-23.03%
EBIT Growth	0.00%	18.24%	12.90%	73.60%	-5.87%	-23.03%
NOPAT Growth	0.00%	14.04%	0.00%	82.88%	-6.14%	-28.77%
Net Income Growth	0.00%	14.04%	-7.98%	82.88%	-6.14%	-28.77%
EPS Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	0.00%	-183.37%	-47.38%	124.85%	226.98%	69.58%
Free Cash Flow Firm Growth	0.00%	0.00%	134.00%	-5.34%	-11.67%	-629.20%
Invested Capital Growth	0.00%	39.79%	0.00%	5.70%	5.38%	32.76%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	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%	0.00%
EPS Q/Q Growth	0.00%	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%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	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%	0.00%
Profitability Metrics	-	-	-	-	-	-
EBITDA Margin	48.79%	39.13%	44.70%	68.64%	66.41%	44.87%
EBIT Margin	46.55%	36.72%	44.70%	66.75%	66.41%	44.87%
Profit (Net Income) Margin	37.81%	28.77%	31.02%	48.80%	48.40%	30.27%
Tax Burden Percent	72.54%	69.61%	69.61%	73.14%	72.54%	68.59%
Interest Burden Percent	111.98%	112.54%	99.68%	99.94%	100.48%	98.36%
Effective Tax Rate	27.46%	30.39%	30.39%	26.86%	27.46%	31.41%
Return on Invested Capital (ROIC)	7.60%	7.23%	6.46%	11.49%	10.22%	6.09%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	6.46%	11.49%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	0.00%	0.00%	6.46%	11.49%	0.00%	0.00%
Cash Return on Invested Capital (CROIC)	0.00%	-25.95%	6.46%	5.95%	4.98%	-22.05%
Operating Return on Assets (OROA)	1.23%	1.24%	1.10%	1.53%	1.20%	0.79%
Return on Assets (ROA)	1.00%	0.98%	0.77%	1.12%	0.88%	0.53%
Return on Common Equity (ROCE)	0.00%	0.00%	6.46%	11.49%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	7.60%	6.20%	6.46%	11.18%	9.96%	5.34%
Net Operating Profit after Tax (NOPAT)	15	17	17	30	29	20
NOPAT Margin	37.81%	28.77%	31.02%	48.80%	48.40%	30.27%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	37.84%	38.93%	41.98%	40.89%	46.20%	47.87%
Operating Expenses to Revenue	54.12%	62.71%	54.68%	32.54%	33.92%	50.44%
Earnings before Interest and Taxes (EBIT)	18	21	24	42	39	30
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	19	23	24	43	39	30
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.70	0.73	0.76	1.36	0.81
Price to Tangible Book Value (P/TBV)	0.00	0.70	0.73	0.78	1.45	0.85
Price to Revenue (P/Rev)	0.00	3.24	3.50	3.33	6.61	4.60
Price to Earnings (P/E)	0.00	11.27	11.29	6.82	13.66	14.83
Dividend Yield	0.00%	1.47%	1.46%	1.32%	0.54%	0.60%
Earnings Yield	0.00%	8.87%	8.86%	14.67%	7.32%	6.74%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.48	0.41	0.80	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	2.29	1.80	3.87	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	5.12	2.62	5.82	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	5.12	2.69	5.82	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	7.38	3.68	7.99	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	3.49	2.18	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	7.38	7.11	16.41	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.00	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	0.00
Financial Leverage	0.00	0.00	0.00	0.00	0.00	0.00
Leverage Ratio	7.61	7.41	8.27	10.25	11.64	11.43
Compound Leverage Factor	8.53	8.34	8.25	10.25	11.70	11.24
Debt to Total Capital	0.00%	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%	0.00%
Long-Term Debt to Total Capital	0.00%	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%	0.00%
Noncontrolling Interests to Total Capital	0.00%	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%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	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	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	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	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-60	17	16	14	-74
Operating Cash Flow to CapEx	56,977.61%	-773,610.89%	-30,226.36%	0.00%	784.89%	26,052.00%
Free Cash Flow to Firm to Interest Expense	0.00	-1.62	0.45	0.17	0.11	-0.57
Operating Cash Flow to Interest Expense	4.37	-2.38	-3.50	0.34	0.80	1.38
Operating Cash Flow Less CapEx to Interest Expense	4.36	-2.38	-3.51	0.34	0.70	1.38
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.03	0.03	0.02	0.02	0.02	0.02
Fixed Asset Turnover	0.00	0.00	0.00	0.00	5.39	3.92
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	192	268	257	272	286	380
Invested Capital Turnover	0.20	0.25	0.21	0.24	0.21	0.20
Increase / (Decrease) in Invested Capital	0.00	76	0.00	15	15	94
Enterprise Value (EV)	0.00	-32	123	112	228	-107
Market Capitalization	0.00	187	187	207	389	309
Book Value per Share	$9.07	$9.76	$9.37	$9.97	$11.03	$11.90
Tangible Book Value per Share	$9.07	$9.76	$9.37	$9.75	$10.36	$11.39
Total Capital	192	268	257	272	286	380
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-193	-219	-65	-95	-162	-415
Capital Expenditures (CapEx)	0.18	0.01	0.43	0.00	13	0.68
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	-0.00
Net Nonoperating Obligations (NNO)	0.00	0.00	0.00	0.00	0.00	0.00
Total Depreciation and Amortization (D&A)	0.86	1.39	0.00	1.17	0.00	0.00
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	0.00	27.25M	0.00	25.96M	26.00M	31.95M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	0.00	27.25M	0.00	25.96M	26.00M	31.95M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	27.43M	0.00	25.96M	26.00M	31.95M
Normalized Net Operating Profit after Tax (NOPAT)	15	17	17	30	29	20
Normalized NOPAT Margin	37.81%	28.68%	30.92%	48.77%	48.63%	29.76%
Pre Tax Income Margin	52.12%	41.32%	44.56%	66.72%	66.73%	44.13%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	0.75	0.58	0.65	0.45	0.30	0.24
NOPAT to Interest Expense	0.61	0.45	0.45	0.33	0.22	0.16
EBIT Less CapEx to Interest Expense	0.74	0.58	0.64	0.45	0.20	0.23
NOPAT Less CapEx to Interest Expense	0.60	0.45	0.44	0.33	0.12	0.15
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	22.06%	18.67%	16.46%	0.00%	9.03%	11.37%
Augmented Payout Ratio	22.06%	18.67%	16.46%	0.00%	9.03%	11.37%

No quarterly metrics and ratios for VersaBank are available.

Financials Breakdown Chart

VersaBank Financials - Frequently Asked Questions

According to the most recent income statement we have on file, VersaBank's financial year ends in October. Their financial year 2025 ended on October 31, 2025.

VersaBank's net income appears to be on an upward trend, with a most recent value of $20.31 million in 2025, rising from $14.57 million in 2020. The previous period was $28.52 million in 2024. Check out VersaBank's forecast to explore projected trends and price targets.

Over the last 5 years, VersaBank's total revenue changed from $38.53 million in 2020 to $67.11 million in 2025, a change of 74.2%.

VersaBank's total liabilities were at $3.77 billion at the end of 2025, a 18.2% increase from 2024, and a 197.1% increase since 2020.

In the past 5 years, VersaBank's cash and equivalents has ranged from $64.95 million in 2021 to $415.21 million in 2025, and is currently $415.21 million as of their latest financial filing in 2025.

Over the last 5 years, VersaBank's book value per share changed from 9.07 in 2020 to 11.90 in 2025, a change of 31.2%.

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Financial statements for NASDAQ:VBNK last updated on 6/30/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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VersaBank (VBNK) Financials

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VersaBank (VBNK) Financials

Annual Income Statements for VersaBank

Quarterly Income Statements for VersaBank

Annual Cash Flow Statements for VersaBank

Quarterly Cash Flow Statements for VersaBank

Annual Balance Sheets for VersaBank

Quarterly Balance Sheets for VersaBank

Annual Metrics And Ratios for VersaBank

Quarterly Metrics And Ratios for VersaBank

Financials Breakdown Chart

VersaBank Financials - Frequently Asked Questions

When does VersaBank's fiscal year end?

How has VersaBank's net income changed over the last 5 years?

How has VersaBank's revenue changed over the last 5 years?

How much debt does VersaBank have?

How much cash does VersaBank have?

How has VersaBank's book value per share changed over the last 5 years?

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