VersaBank
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. VersaBank's past years’ income statements indicate that its last revenue has increased compared to the previous period by 21% to $65,357,000. The net income raised on $22,380,000 and profit margin reached 34%. Total operating expenses were -$5,237,000.
Profit Margin
| 2012 | 32.89M | 3.82M | 11.62% |
|---|---|---|---|
| 2013 | 27.97M | 1.76M | 6.31% |
| 2014 | 30.50M | 5.67M | 18.61% |
| 2015 | 35.36M | 8.21M | 23.24% |
| 2016 | 39.67M | 8.47M | 21.35% |
| 2017 | 43.84M | 19.47M | 44.41% |
| 2018 | 51.68M | 18.07M | 34.97% |
| 2019 | 53.91M | 20.19M | 37.46% |
| 2020 | 54.18M | 19.40M | 35.81% |
| 2021 | 65.35M | 22.38M | 34.24% |
VB.TO Income Statement (2012 – 2021)
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 65.35M | 54.18M | 53.91M | 51.68M | 43.84M | 39.67M | 35.36M | 30.50M | 27.97M | 32.89M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 65.35M | 54.18M | 53.91M | 51.68M | 43.84M | 39.67M | 35.36M | 30.50M | 27.97M | 0 |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | -5.23M | 4.53M | 8.31M | 2.74M | -1.32M | 3.33M | 4.15M | 5.98M | 9.79M | 0 |
Operating income | 60.12M | 58.72M | 62.22M | 54.42M | 42.51M | 43.01M | 39.52M | 36.49M | 37.77M | 0 |
Other income (expenses), net | -29.33M | -31.96M | -34.40M | -29.41M | -27.78M | -31.25M | -30.48M | -30.28M | -35.26M | 0 |
Income before tax | 30.78M | 26.75M | 27.82M | 25.01M | 14.73M | 11.75M | 9.03M | 6.20M | 2.50M | 8.09M |
Income tax expense | 8.40M | 7.34M | 7.62M | 6.93M | -4.74M | 3.28M | 821K | 531K | 741K | 4.26M |
Net income | 22.38M | 19.40M | 20.19M | 18.07M | 19.47M | 8.47M | 8.21M | 5.67M | 1.76M | 3.82M |
Earnings per share | ||||||||||
Basic EPS | 1.06 | 0.92 | 0.96 | 0.86 | 0.93 | 0.43 | 0.42 | 0.29 | 0.11 | 0.24 |
Diluted EPS | 1.06 | 0.92 | 0.96 | 0.86 | 0.93 | 0.43 | 0.42 | 0.29 | 0.11 | 0.24 |
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