VersaBank (VBNK) quarterly income statement — complete revenue, gross profit & net income history
| Net Interest Income | 35.67M | 33.93M | 32.63M | 29.78M | 28.03M | 25.72M | 24.9M | 24.94M | 26.24M | 26.57M | 26.24M | 24.93M |
| NII Growth % | 27.24% | 31.92% | 31.05% | 19.38% | 6.82% | -3.18% | -5.1% | 0.06% | 6.64% | 9.45% | 16.74% | 24.26% |
| Net Interest Margin % | 0.55% | 0.55% | 0.56% | 0.54% | 0.56% | 0.52% | 0.51% | 0.55% | 0.6% | 0.62% | 0.62% | 0.63% |
| Interest Income | 83.03M | 81.34M | 77.47M | 73.99M | 70.98M | 73.25M | 73.24M | 71.65M | 71.24M | 69.29M | 66.09M | 60.09M |
| Interest Expense | 47.37M | 47.41M | 44.84M | 44.21M | 42.94M | 47.52M | 48.34M | 46.7M | 45M | 42.72M | 39.85M | 35.16M |
| Loan Loss Provision | 427.86K | 701.1K | 1.32M | 1.18M | 889K | 1.02M | -156K | -1K | 16K | -127K | -184K | 171K |
| Non-Interest Income | 2.61M | 2.64M | 2.46M | 1.8M | 2.11M | 2.1M | 2.38M | 2.05M | 2.26M | 2.28M | 2.93M | 1.93M |
| Non-Interest Income % | 3.05% | 3.14% | 3.08% | 2.38% | 2.88% | 2.79% | 3.15% | 2.78% | 3.07% | 3.19% | 4.25% | 3.11% |
| Total Revenue | 85.65M | 83.98M | 79.93M | 75.79M | 73.08M | 75.35M | 75.62M | 73.7M | 73.5M | 71.58M | 69.02M | 62.02M |
| Revenue Growth % | 17.19% | 11.46% | 5.7% | 2.84% | -0.57% | 5.27% | 9.56% | 18.83% | 32.03% | 39.78% | 57.42% | 75.42% |
| Non-Interest Expense | 27.48M | 20.58M | 23.87M | 21.65M | 17.52M | 15.7M | 19.36M | 13.53M | 12.19M | 12.02M | 12.44M | 12.88M |
| Efficiency Ratio | 32.08% | 24.5% | 29.86% | 28.56% | 23.97% | 20.84% | 25.61% | 18.36% | 16.58% | 16.8% | 18.02% | 20.77% |
| Operating Income | 10.38M | 15.29M | 9.9M | 8.75M | 11.73M | 11.1M | 8.08M | 13.46M | 16.3M | 16.95M | 16.92M | 13.81M |
| Operating Margin % | 12.11% | 18.21% | 12.39% | 11.55% | 16.06% | 14.74% | 10.68% | 18.27% | 22.18% | 23.69% | 24.51% | 22.27% |
| Operating Income Growth % | -11.58% | 37.72% | 22.61% | -34.98% | -28.01% | -34.51% | -52.26% | -2.51% | 18.79% | 28.46% | 64.66% | 75.75% |
| Pretax Income | 10.38M | 15.29M | 9.9M | 8.75M | 11.73M | 11.1M | 8.08M | 13.46M | 16.3M | 16.95M | 16.92M | 13.81M |
| Pretax Margin % | 12.11% | 18.21% | 12.39% | 11.55% | 16.06% | 14.74% | 10.68% | 18.27% | 22.18% | 23.69% | 24.51% | 22.27% |
| Income Tax | 2.85M | 4.21M | 4.7M | 2.17M | 3.21M | 2.96M | 2.56M | 3.76M | 4.47M | 4.25M | 4.44M | 3.81M |
| Effective Tax Rate % | 27.5% | 27.5% | 47.44% | 24.8% | 27.31% | 26.67% | 31.7% | 27.91% | 27.44% | 25.1% | 26.23% | 27.56% |
| Net Income | 7.52M | 11.09M | 5.2M | 6.58M | 8.53M | 8.14M | 5.52M | 9.71M | 11.83M | 12.7M | 12.48M | 10M |
| Net Margin % | 8.78% | 13.2% | 6.51% | 8.68% | 11.67% | 10.81% | 7.29% | 13.17% | 16.09% | 17.74% | 18.08% | 16.13% |
| Net Income Growth % | -11.8% | 36.15% | -5.66% | -32.18% | -27.89% | -35.88% | -55.8% | -2.98% | 15.25% | 34.85% | 94.1% | 74.88% |
| Net Income (Continuing) | 7.52M | 11.09M | 5.2M | 6.58M | 8.53M | 8.14M | 5.52M | 9.71M | 11.83M | 12.7M | 12.48M | 10M |
| EPS (Diluted) | 0.23 | 0.35 | 0.16 | 0.20 | 0.26 | 0.28 | 0.20 | 0.36 | 0.45 | 0.48 | 0.47 | 0.38 |
| EPS Growth % | -11.54% | 25% | -20% | -44.44% | -42.22% | -41.67% | -57.45% | -5.26% | 18.42% | 41.18% | 95.83% | 80.95% |
| EPS (Basic) | 0.23 | 0.35 | 0.16 | 0.20 | 0.26 | 0.28 | 0.20 | 0.35 | 0.45 | 0.48 | 0.47 | 0.38 |
| Diluted Shares Outstanding | 23.61M | 23.46M | 32.57M | 32.37M | 32.52M | 29.06M | 25.96M | 25.96M | 25.96M | 25.96M | 25.96M | 25.96M |