VersaBank (VBNK)
NASDAQ: VBNK · Real-Time Price · USD
12.75
+0.22 (1.76%)
Sep 26, 2025, 4:00 PM EDT - Market closed
VersaBank Income Statement
Financials in millions CAD. Fiscal year is November - October.
Millions CAD. Fiscal year is Nov - Oct.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Jul '25 Jul 31, 2025 | Oct '24 Oct 31, 2024 | Oct '23 Oct 31, 2023 | Oct '22 Oct 31, 2022 | Oct '21 Oct 31, 2021 | Oct '20 Oct 31, 2020 | 2015 - 2019 |
| Interest Income on Loans | 268.77 | 264.88 | 215.69 | 123.19 | 88.06 | 83.23 | Upgrade
|
| Interest Income on Investments | 22.68 | 20.54 | 13.65 | 3.63 | 1.43 | 2.86 | Upgrade
|
| Total Interest Income | 291.45 | 285.42 | 229.33 | 126.82 | 89.49 | 86.09 | Upgrade
|
| Interest Paid on Deposits | 177.53 | 177.09 | 123.49 | 44.6 | 26.45 | 31.46 | Upgrade
|
| Interest Paid on Borrowings | 5.48 | 5.67 | 5.79 | 5.55 | 2.89 | 0.51 | Upgrade
|
| Total Interest Expense | 183.01 | 182.76 | 129.28 | 50.15 | 29.33 | 31.97 | Upgrade
|
| Net Interest Income | 108.44 | 102.66 | 100.05 | 76.67 | 60.16 | 54.13 | Upgrade
|
| Net Interest Income Growth (YoY) | 4.27% | 2.60% | 30.50% | 27.44% | 11.14% | 0.42% | Upgrade
|
| Other Non-Interest Income | 8.4 | 8.98 | 8.58 | 5.73 | 5.2 | 0.06 | Upgrade
|
| Total Non-Interest Income | 8.4 | 8.98 | 8.58 | 5.73 | 5.2 | 0.06 | Upgrade
|
| Non-Interest Income Growth (YoY) | -11.86% | 4.59% | 49.91% | 10.12% | 8566.67% | 172.73% | Upgrade
|
| Revenues Before Loan Losses | 116.83 | 111.63 | 108.64 | 82.39 | 65.36 | 54.19 | Upgrade
|
| Provision for Loan Losses | 2.94 | -0.27 | 0.61 | 0.45 | -0.44 | -0.34 | Upgrade
|
| Revenue | 113.9 | 111.9 | 108.03 | 81.94 | 65.8 | 54.53 | Upgrade
|
| Revenue Growth (YoY) | 0.07% | 3.59% | 31.83% | 24.54% | 20.66% | 0.57% | Upgrade
|
| Salaries and Employee Benefits | 39.05 | 32.44 | 30.53 | 25.33 | 20.24 | 16.96 | Upgrade
|
| Occupancy Expenses | 6.66 | 5.16 | 3.9 | 3.87 | 3.65 | 2.46 | Upgrade
|
| Selling, General & Administrative | 28.52 | 19.52 | 15.95 | 20.2 | 11.11 | 8.36 | Upgrade
|
| Total Non-Interest Expense | 74.23 | 57.11 | 50.38 | 49.39 | 35.01 | 27.78 | Upgrade
|
| EBT Excluding Unusual Items | 39.67 | 54.79 | 57.65 | 32.55 | 30.79 | 26.75 | Upgrade
|
| Pretax Income | 39.67 | 54.79 | 57.65 | 32.55 | 30.79 | 26.75 | Upgrade
|
| Income Tax Expense | 10.9 | 15.05 | 15.48 | 9.89 | 8.41 | 7.35 | Upgrade
|
| Net Income | 28.77 | 39.75 | 42.16 | 22.66 | 22.38 | 19.41 | Upgrade
|
| Preferred Dividends & Other Adjustments | 0.25 | 0.99 | 0.99 | 0.99 | 1.58 | 2.17 | Upgrade
|
| Net Income to Common | 28.52 | 38.76 | 41.17 | 21.67 | 20.8 | 17.24 | Upgrade
|
| Net Income Growth | -38.41% | -5.73% | 86.08% | 1.24% | 15.33% | -3.92% | Upgrade
|
| Basic Shares Outstanding | 30 | 26 | 26 | 27 | 22 | 21 | Upgrade
|
| Diluted Shares Outstanding | 30 | 26 | 26 | 27 | 22 | 21 | Upgrade
|
| Shares Change (YoY) | 15.46% | -1.17% | -4.20% | 26.08% | 2.98% | - | Upgrade
|
| EPS (Basic) | 0.95 | 1.49 | 1.57 | 0.79 | 0.96 | 0.82 | Upgrade
|
| EPS (Diluted) | 0.95 | 1.49 | 1.57 | 0.79 | 0.96 | 0.82 | Upgrade
|
| EPS Growth | -46.10% | -4.92% | 98.37% | -17.39% | 17.19% | -4.21% | Upgrade
|
| Dividend Per Share | 0.100 | 0.100 | 0.100 | 0.100 | 0.100 | 0.100 | Upgrade
|
| Dividend Growth | - | - | - | - | - | 42.86% | Upgrade
|
| Effective Tax Rate | 27.47% | 27.46% | 26.86% | 30.39% | 27.31% | 27.46% | Upgrade
|
Updated Sep 4, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.