VBNK
Income statement / Annual
Last year (2024), VersaBank's total revenue was $111.63 M,
an increase of 2.76% 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
|
$108.64 M
|
$82.39 M
|
$65.36 M
|
$54.19 M
|
$53.92 M
|
$51.69 M
|
$43.84 M
|
$39.68 M
|
$35.37 M
|
| Cost of Revenue |
$0.00 |
-$609,000.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$111.63 M |
$109.24 M |
$82.39 M |
$65.36 M |
$54.19 M |
$53.92 M |
$51.69 M |
$43.84 M |
$39.68 M |
$35.37 M |
| Gross Profit Ratio |
1 |
1.01 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
| 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
|
$15.05 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
|
$35.33 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$298,000.00
|
| Selling, General &
Administrative Expenses |
$51.95 M
|
$50.38 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 |
$59.68 M |
$0.00 |
-$45.22 M |
-$65.92 M |
-$52.75 M |
-$50.06 M |
-$21.29 M |
-$10.85 M |
-$8.71 M |
$0.00 |
| Operating Expenses |
$111.63 M |
$50.38 M |
$307,000.00 |
-$34.57 M |
-$27.43 M |
-$26.10 M |
$2.74 M |
$10.85 M |
$8.71 M |
$24.78 M |
| Cost And Expenses |
$111.63 M |
$50.38 M |
$307,000.00 |
-$34.57 M |
-$27.43 M |
-$26.10 M |
$2.74 M |
$54.85 M |
$58.09 M |
$24.78 M |
| Interest Income |
$285.42 M |
$229.33 M |
$76.67 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
|
$721,000.00
|
$623,000.00
|
$553,000.00
|
$776,000.00
|
$393,000.00
|
| EBITDA |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| EBITDA Ratio |
0 |
0 |
1.03 |
0.5 |
0.51 |
0.53 |
1.07 |
0.35 |
0.32 |
0.27 |
| Operating Income Ratio
|
0
|
0.53
|
1
|
0.47
|
0.49
|
0.52
|
1.05
|
0.34
|
0.3
|
0.26
|
| Total Other
Income/Expenses Net |
$54.79 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
-$2.05 M
|
-$1.09 M
|
$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
|
0.53
|
0.4
|
0.47
|
0.49
|
0.52
|
0.48
|
0.34
|
0.3
|
0.26
|
| 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 |
$821,000.00 |
| 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 |
0.39 |
0.28 |
0.34 |
0.36 |
0.37 |
0.35 |
0.44 |
0.21 |
0.23 |
| EPS |
1.44 |
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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