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	Apr '26 Apr 30, 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
Interest Income on Loans	294.01	273.53	264.88	215.69	123.19	88.06
Interest Income on Investments	21.72	22.15	20.54	13.65	3.63	1.43
Total Interest Income	315.73	295.68	285.42	229.33	126.82	89.49
Interest Paid on Deposits	178.33	174.01	177.09	123.49	44.6	26.45
Interest Paid on Borrowings	5.43	5.5	5.67	5.79	5.55	2.89
Total Interest Expense	183.76	179.51	182.76	129.28	50.15	29.33
Net Interest Income	131.97	116.17	102.66	100.05	76.67	60.16
Net Interest Income Growth (YoY)	27.38%	13.16%	2.60%	30.50%	27.44%	11.14%
Other Non-Interest Income	9.51	8.47	8.98	8.58	5.73	5.2
Total Non-Interest Income	9.51	8.47	8.98	8.58	5.73	5.2
Non-Interest Income Growth (YoY)	9.99%	-5.63%	4.59%	49.91%	10.12%	8566.67%
Revenues Before Loan Losses	141.48	124.64	111.63	108.64	82.39	65.36
Provision for Loan Losses	3.63	4.41	-0.27	0.61	0.45	-0.44
Revenue	137.85	120.23	111.9	108.03	81.94	65.8
Revenue Growth (YoY)	24.77%	7.44%	3.59%	31.83%	24.54%	20.66%
Salaries and Employee Benefits	41.79	37.9	32.44	30.53	25.33	20.24
Occupancy Expenses	7.47	7.02	5.16	3.9	3.87	3.65
Selling, General & Administrative	44.3	33.81	19.52	15.95	20.2	11.11
Total Non-Interest Expense	93.55	78.74	57.11	50.38	49.39	35.01
EBT Excluding Unusual Items	44.3	41.49	54.79	57.65	32.55	30.79
Pretax Income	44.3	41.49	54.79	57.65	32.55	30.79
Income Tax Expense	13.92	13.04	15.05	15.48	9.89	8.41
Net Income	30.38	28.46	39.75	42.16	22.66	22.38
Preferred Dividends & Other Adjustments	-	-	0.99	0.99	0.99	1.58
Net Income to Common	30.38	28.46	38.76	41.17	21.67	20.8
Net Income Growth	-4.74%	-28.40%	-5.73%	86.08%	1.24%	15.33%
Basic Shares Outstanding	32	32	26	26	27	22
Diluted Shares Outstanding	32	32	26	26	27	22
Shares Change (YoY)	13.31%	21.34%	-1.17%	-4.20%	26.08%	2.98%
EPS (Basic)	0.95	0.90	1.49	1.57	0.79	0.96
EPS (Diluted)	0.94	0.90	1.49	1.57	0.79	0.96
EPS Growth	-14.11%	-39.60%	-4.92%	98.37%	-17.39%	17.19%
Dividend Per Share	0.100	0.100	0.100	0.100	0.100	0.100
Effective Tax Rate	31.42%	31.41%	27.46%	26.86%	30.39%	27.31%