VersaBank (VBNK)
NASDAQ: VBNK · Real-Time Price · USD
17.03
-0.07 (-0.41%)
Nov 21, 2024, 4:00 PM EST - 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 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Jul '24 Jul 31, 2024 | Oct '23 Oct 31, 2023 | Oct '22 Oct 31, 2022 | Oct '21 Oct 31, 2021 | Oct '20 Oct 31, 2020 | Oct '19 Oct 31, 2019 | 2018 - 2014 |
| Interest Income on Loans | 259.71 | 215.69 | 123.19 | 88.06 | 83.23 | 84.88 | Upgrade
|
| Interest Income on Investments | 18.56 | 13.65 | 3.63 | 1.43 | 2.86 | 3.43 | Upgrade
|
| Total Interest Income | 278.27 | 229.33 | 126.82 | 89.49 | 86.09 | 88.31 | Upgrade
|
| Interest Paid on Deposits | 168.49 | 123.49 | 44.6 | 26.45 | 31.46 | 33.65 | Upgrade
|
| Interest Paid on Borrowings | 5.79 | 5.79 | 5.55 | 2.89 | 0.51 | 0.76 | Upgrade
|
| Total Interest Expense | 174.28 | 129.28 | 50.15 | 29.33 | 31.97 | 34.41 | Upgrade
|
| Net Interest Income | 103.99 | 100.05 | 76.67 | 60.16 | 54.13 | 53.9 | Upgrade
|
| Net Interest Income Growth (YoY) | 8.00% | 30.50% | 27.44% | 11.14% | 0.42% | 4.66% | Upgrade
|
| Other Non-Interest Income | 9.53 | 8.58 | 5.73 | 5.2 | 0.06 | 0.02 | Upgrade
|
| Total Non-Interest Income | 9.53 | 8.58 | 5.73 | 5.2 | 0.06 | 0.02 | Upgrade
|
| Non-Interest Income Growth (YoY) | 28.32% | 49.91% | 10.12% | 8566.67% | 172.73% | -88.17% | Upgrade
|
| Revenues Before Loan Losses | 113.52 | 108.64 | 82.39 | 65.36 | 54.19 | 53.92 | Upgrade
|
| Provision for Loan Losses | -0.3 | 0.61 | 0.45 | -0.44 | -0.34 | -0.3 | Upgrade
|
| Revenue | 113.82 | 108.03 | 81.94 | 65.8 | 54.53 | 54.22 | Upgrade
|
| Revenue Growth (YoY) | 10.81% | 31.83% | 24.54% | 20.66% | 0.58% | 5.58% | Upgrade
|
| Salaries and Employee Benefits | 28.29 | 30.53 | 25.33 | 20.24 | 16.96 | 15.17 | Upgrade
|
| Occupancy Expenses | 4.56 | 3.9 | 3.87 | 3.65 | 2.46 | 2.43 | Upgrade
|
| Selling, General & Administrative | 17.34 | 15.95 | 20.2 | 11.11 | 8.36 | 8.79 | Upgrade
|
| Total Non-Interest Expense | 50.18 | 50.38 | 49.39 | 35.01 | 27.78 | 26.4 | Upgrade
|
| EBT Excluding Unusual Items | 63.63 | 57.65 | 32.55 | 30.79 | 26.75 | 27.82 | Upgrade
|
| Pretax Income | 63.63 | 57.65 | 32.55 | 30.79 | 26.75 | 27.82 | Upgrade
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| Income Tax Expense | 16.92 | 15.48 | 9.89 | 8.41 | 7.35 | 7.63 | Upgrade
|
| Net Income | 46.71 | 42.16 | 22.66 | 22.38 | 19.41 | 20.2 | Upgrade
|
| Preferred Dividends & Other Adjustments | 0.99 | 0.99 | 0.99 | 1.58 | 2.17 | 2.2 | Upgrade
|
| Net Income to Common | 45.72 | 41.17 | 21.67 | 20.8 | 17.24 | 18 | Upgrade
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| Net Income Growth | 29.35% | 86.08% | 1.24% | 15.33% | -3.92% | 11.74% | Upgrade
|
| Basic Shares Outstanding | 26 | 26 | 27 | 22 | 21 | 21 | Upgrade
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| Diluted Shares Outstanding | 26 | 26 | 27 | 22 | 21 | 21 | Upgrade
|
| Shares Change (YoY) | -2.55% | -4.20% | 26.08% | 2.98% | - | - | Upgrade
|
| EPS (Basic) | 1.76 | 1.57 | 0.79 | 0.96 | 0.82 | 0.85 | Upgrade
|
| EPS (Diluted) | 1.76 | 1.57 | 0.79 | 0.96 | 0.82 | 0.85 | Upgrade
|
| EPS Growth | 33.56% | 98.37% | -17.39% | 17.19% | -4.21% | 13.37% | Upgrade
|
| Dividend Per Share | 0.100 | 0.100 | 0.100 | 0.100 | 0.100 | 0.070 | Upgrade
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| Dividend Growth | 0% | 0% | 0% | 0% | 42.86% | 75.00% | Upgrade
|
| Effective Tax Rate | 26.59% | 26.86% | 30.39% | 27.31% | 27.46% | 27.41% | Upgrade
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Source: S&P Capital IQ. Banks template. Financial Sources.