VersaBank Income Statement

Financials in millions CAD. Fiscal year is November - October.

Millions CAD. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Net Interest Income	43.11	116.17	102.66	100.05	76.67	60.16
Net Interest Income Growth	50.91%	13.16%	2.60%	30.50%	27.44%	11.14%
Non-Interest Income	9	8.47	8.98	8.58	5.73	5.2
Non-Interest Income Growth	2.33%	-5.63%	4.59%	49.91%	10.12%	8566.67%
Revenues Before Loan Losses	133.33	124.64	111.63	108.64	82.39	65.36
Provision for Credit Losses	4.09	4.41	-0.27	0.61	0.45	-0.44
Revenue	129.24	120.23	111.9	108.03	81.94	65.8
Revenue Growth (YoY)	17.78%	7.44%	3.59%	31.83%	24.54%	20.66%
Compensation Expenses	39.75	37.98	32.78	31.43	26.8	20.24
Selling, General & Admin	43.83	40.75	24.32	18.95	22.6	14.76
Other Non-Interest Expenses	24.22	-	-	-	-	-
Total Non-Interest Expense	83.58	78.74	57.11	50.38	49.39	35.01
Pretax Income	45.66	41.49	54.79	57.65	32.55	30.79
Provision for Income Taxes	14.27	13.04	15.05	15.48	9.89	8.41
Net Income	31.38	28.46	39.75	42.16	22.66	22.38
Net Income to Common	31.38	28.46	39.75	42.16	22.66	22.38
Net Income Growth	-10.82%	-28.40%	-5.73%	86.08%	1.24%	15.33%
Shares Outstanding (Basic)	33	32	27	27	27	23
Shares Outstanding (Diluted)	33	32	27	27	27	23
Shares Change (YoY)	18.50%	18.53%	-0.66%	-2.08%	17.64%	10.36%
EPS (Basic)	0.97	0.90	1.49	1.57	0.79	0.96
EPS (Diluted)	0.97	0.90	1.49	1.57	0.79	0.96
EPS Growth	-24.81%	-39.60%	-5.10%	98.73%	-17.71%	17.07%
Shares Outstanding	32.07	31.95	26	25.96	27.25	27.44
Free Cash Flow	189.48	43.5	254.13	94.36	-33.24	-108.32
Free Cash Flow Growth	335.62%	-82.88%	169.33%	-	-	-
Free Cash Flow Per Share	-	-	-	-	-1.21	-
Dividends Per Share	0.100	0.100	0.100	0.100	0.100	0.100
Profit Margin	24.28%	23.67%	35.52%	39.03%	27.65%	34.01%
FCF Margin	146.61%	36.18%	227.10%	87.34%	-40.56%	-164.63%
EBITDA	3.3	3.1	2.63	1.78	1.94	1.73
EBITDA Margin	2.55%	2.58%	2.35%	1.65%	2.37%	2.63%
Effective Tax Rate	31.26%	31.41%	27.46%	26.86%	30.39%	27.31%

Updated Jan 31, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.