VBNK
Income statement / Annual
Last year (2024), VersaBank's total revenue was $111.63 M,
a decrease of 53.08% from the previous year.
In 2024, VersaBank's net income was $39.75 M.
See VersaBank,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
10/31/2024 |
10/31/2023 |
10/31/2022 |
10/31/2021 |
10/31/2020 |
10/31/2019 |
10/31/2018 |
10/31/2017 |
10/31/2016 |
10/31/2015 |
| Operating Revenue |
$111.63 M |
$237.92 M |
$132.54 M |
$94.69 M |
$86.15 M |
$88.33 M |
$81.10 M |
$71.62 M |
$70.94 M |
$65.85 M |
| Cost of Revenue |
$0.00
|
$129.89 M
|
$50.60 M
|
$28.89 M
|
$31.63 M
|
$34.11 M
|
$29.75 M
|
$27.66 M
|
$32.13 M
|
$32.03 M
|
| Gross Profit |
$111.63 M
|
$108.03 M
|
$81.94 M
|
$65.80 M
|
$54.53 M
|
$54.22 M
|
$51.35 M
|
$43.97 M
|
$38.81 M
|
$33.82 M
|
| Gross Profit Ratio |
1
|
0.45
|
0.62
|
0.69
|
0.63
|
0.61
|
0.63
|
0.61
|
0.55
|
0.51
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$51.95 M
|
$46.48 M
|
$45.53 M
|
$31.35 M
|
$25.32 M
|
$23.97 M
|
$24.03 M
|
$25.06 M
|
$23.57 M
|
$22.69 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$51.95 M
|
$46.48 M
|
$45.53 M
|
$31.35 M
|
$25.32 M
|
$23.97 M
|
$24.03 M
|
$25.06 M
|
$23.57 M
|
$22.69 M
|
| Other Expenses |
$5.16 M
|
$3.90 M
|
$3.87 M
|
$3.65 M
|
$2.46 M
|
$2.43 M
|
$2.30 M
|
$4.18 M
|
$3.48 M
|
$2.10 M
|
| Operating Expenses |
$57.11 M
|
$50.38 M
|
$49.39 M
|
$35.01 M
|
$27.78 M
|
$26.40 M
|
$26.34 M
|
$29.24 M
|
$27.05 M
|
$24.78 M
|
| Cost And Expenses |
$57.11 M
|
$180.27 M
|
$100.00 M
|
$63.90 M
|
$59.40 M
|
$60.51 M
|
$56.09 M
|
$56.89 M
|
$59.18 M
|
$56.81 M
|
| Interest Income |
$285.42 M
|
$229.33 M
|
$126.82 M
|
$89.49 M
|
$86.09 M
|
$88.31 M
|
$80.91 M
|
$71.77 M
|
$69.66 M
|
$64.46 M
|
| Interest Expense |
$182.76 M
|
$129.28 M
|
$50.15 M
|
$29.33 M
|
$31.97 M
|
$34.41 M
|
$29.42 M
|
$27.78 M
|
$31.26 M
|
$30.48 M
|
| Depreciation & Amortization |
$2.63 M
|
$1.78 M
|
$1.94 M
|
$1.73 M
|
$1.15 M
|
$721.00 K
|
$623.00 K
|
$553.00 K
|
$776.00 K
|
$393.00 K
|
| EBITDA |
$57.43 M |
$59.43 M |
$34.49 M |
$32.52 M |
$27.90 M |
$28.54 M |
$25.64 M |
$15.29 M |
$12.53 M |
$9.43 M |
| EBITDA Ratio |
0.51
|
0.25
|
0.26
|
0.34
|
0.32
|
0.32
|
0.32
|
0.21
|
0.18
|
0.14
|
| Operating Income Ratio |
0.49
|
0.24
|
0.25
|
0.33
|
0.31
|
0.31
|
0.31
|
0.21
|
0.17
|
0.14
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$54.79 M
|
$57.65 M
|
$32.55 M
|
$30.79 M
|
$26.75 M
|
$27.82 M
|
$25.01 M
|
$14.73 M
|
$11.76 M
|
$9.04 M
|
| Income Before Tax Ratio |
0.49
|
0.24
|
0.25
|
0.33
|
0.31
|
0.31
|
0.31
|
0.21
|
0.17
|
0.14
|
| Income Tax Expense |
$15.05 M
|
$15.48 M
|
$9.89 M
|
$8.41 M
|
$7.35 M
|
$7.63 M
|
$6.94 M
|
-$4.74 M
|
$3.29 M
|
$821.00 K
|
| Net Income |
$39.75 M
|
$42.16 M
|
$22.66 M
|
$22.38 M
|
$19.41 M
|
$20.20 M
|
$18.07 M
|
$19.47 M
|
$8.47 M
|
$8.22 M
|
| Net Income Ratio |
0.36
|
0.18
|
0.17
|
0.24
|
0.23
|
0.23
|
0.22
|
0.27
|
0.12
|
0.12
|
| EPS |
1.49 |
1.53 |
0.79 |
0.96 |
0.82 |
0.85 |
0.86 |
0.83 |
0.32 |
0.33 |
| EPS Diluted |
1.49 |
1.57 |
0.79 |
0.96 |
0.82 |
0.85 |
0.86 |
0.83 |
0.32 |
0.33 |
| Weighted Average Shares Out |
$26.96 M
|
$26.90 M
|
$27.43 M
|
$21.75 M
|
$21.12 M
|
$21.12 M
|
$21.12 M
|
$20.86 M
|
$19.86 M
|
$19.44 M
|
| Weighted Average Shares Out Diluted |
$25.96 M
|
$26.27 M
|
$27.43 M
|
$21.75 M
|
$21.12 M
|
$21.12 M
|
$21.12 M
|
$20.86 M
|
$19.86 M
|
$19.44 M
|
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