VersaBank (VBNK)

VersaBank Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct 31, 2024	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Cash & Equivalents	225.25	225.25	132.24	88.58	271.52	257.64
Investment Securities	300.25	300.25	168.89	142.52	0.95	-
Trading Asset Securities	0.02	0.02	1.52	-	-	-
Total Investments	300.27	300.27	170.41	142.52	0.95	-
Gross Loans	4,218	4,218	3,832	2,980	2,096	1,650
Allowance for Loan Losses	-3.3	-3.3	-2.51	-1.9	-1.45	-1.78
Net Loans	4,214	4,214	3,830	2,978	2,095	1,648
Property, Plant & Equipment	26.62	26.62	9.96	10.99	11.89	10.45
Goodwill	12.3	12.3	5.75	5.75	5.75	-
Other Intangible Assets	12.05	12.05	2.79	3.19	3.64	-
Accrued Interest Receivable	21.78	21.78	20.68	14.7	8.2	6.54
Other Receivables	10.72	10.72	3.86	3.77	2.64	0.27
Other Current Assets	14.4	14.4	22.13	16.39	12.7	6.84
Long-Term Deferred Tax Assets	0.75	0.75	4.06	2.13	2.93	5.15
Other Long-Term Assets	-	-	-	-	-	8.63
Total Assets	4,838	4,838	4,202	3,266	2,415	1,944
Accounts Payable	10.75	10.75	9.68	7.66	6.89	4.23
Interest Bearing Deposits	4,068	4,068	3,456	2,658	1,853	1,568
Total Deposits	4,068	4,068	3,456	2,658	1,853	1,568
Current Portion of Leases	0.73	0.73	-	-	-	-
Current Income Taxes Payable	0.89	0.89	7.47	5.8	2.95	-
Accrued Interest Payable	76.95	76.95	76.95	-	-	-
Other Current Liabilities	171.21	171.21	153.77	126.11	110.76	96.06
Long-Term Debt	102.5	102.5	106.85	104.95	95.27	13.63
Long-Term Leases	2.31	2.31	3.77	4.47	5.11	3.08
Long-Term Deferred Tax Liabilities	0.14	0.14	0.73	0.79	0.9	-
Other Long-Term Liabilities	6.08	6.08	8.82	8.01	7.89	4.01
Total Liabilities	4,439	4,439	3,824	2,915	2,083	1,689
Preferred Stock, Convertible	-	-	13.65	-	-	29.34
Common Stock	215.61	215.61	214.82	239.63	241.32	152.61
Additional Paid-In Capital	2.49	2.49	2.51	1.61	0.15	0.15
Retained Earnings	181.24	181.24	146.04	109.34	90.64	73.19
Comprehensive Income & Other	-0.13	-0.13	0.13	0.1	-0	-
Total Common Equity	399.2	399.2	363.51	350.68	332.11	225.95
Shareholders' Equity	399.2	399.2	377.16	350.68	332.11	255.29
Total Liabilities & Equity	4,838	4,838	4,202	3,266	2,415	1,944
Total Debt	105.54	105.54	110.62	109.42	100.39	16.72
Net Cash (Debt)	119.74	119.74	23.14	-20.84	171.14	240.93
Net Cash Growth	417.49%	417.49%	-	-	-28.97%	138.78%
Net Cash Per Share	4.61	4.61	0.88	-0.76	7.87	11.41
Filing Date Shares Outstanding	26	26	25.96	27.23	27.44	21.12
Total Common Shares Outstanding	26	26	25.96	27.25	27.44	21.12
Book Value Per Share	15.35	15.35	14.00	12.87	12.10	10.70
Tangible Book Value	374.85	374.85	354.97	341.74	322.71	225.95
Tangible Book Value Per Share	14.42	14.42	13.67	12.54	11.76	10.70

Source: S&P Capital IQ. Banks template. Financial Sources.