VersaBank
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of VersaBank generated cash of $272,705,000, which is more than the previous year. Cash used in financing activities reached the amount of -$23,332,000 last year. Net change in cash is therefore $93,012,000.
Cash Flow
| 2015 | -57.43M | 25.92M | 13.45M |
|---|---|---|---|
| 2016 | -46.71M | 12.26M | 1.34M |
| 2017 | 77.88M | 7.06M | -19.00M |
| 2018 | -14.90M | -10.75M | -4.46M |
| 2019 | 19.78M | -242K | -10.17M |
| 2020 | 139.59M | 9.75M | -30.85M |
| 2021 | -108.30M | -8.44M | 131.40M |
| 2022 | -32.65M | -141.61M | -6.30M |
| 2023 | 94.71M | -28.14M | 823.25M |
| 2024 | 272.70M | -157.58M | -23.33M |
VBNK Cash Flow Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 132.24M | 88.58M | 271.52M | 257.64M | 139.14M | 129.78M | 159.90M | 93.96M | 127.07M | 145.14M |
Operating activities | ||||||||||
Net income | 39.74M | 42.16M | 22.65M | 22.38M | 19.40M | 20.19M | 18.07M | 19.47M | 8.47M | 8.21M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 2.63M | 1.78M | 1.93M | 1.72M | 1.14M | 721K | 623K | 553K | 776K | 393K |
Stock-based compensation expense | 348K | 901K | 1.46M | 0 | 0 | 0 | 0 | 0 | 0 | 23K |
| Deferred income tax benefit | 348K | 901K | 1.46M | 0 | 0 | 0 | 0 | 0 | 0 | 23K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 272.70M | 94.71M | -32.65M | -108.30M | 139.59M | 19.78M | -14.90M | 77.88M | -46.71M | -57.43M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -27.77M | -141.03M | -953K | 0 | 0 | -10.01M | 0 | -9.58M | 0 |
Investments In Property Plant And Equipment | -18.57M | -362K | -581K | -14K | -245K | -242K | -993K | -2.24M | -246K | 0 |
Acquisitions Net | -12.11M | 0 | 0 | -7.47M | 0 | 0 | 0 | -283K | 0 | 0 |
Cash generated by investing activities | -157.58M | -28.14M | -141.61M | -8.44M | 9.75M | -242K | -10.75M | 7.06M | 12.26M | 25.92M |
Financing activities | ||||||||||
Common Stock Issued | 607K | 280K | 0 | 73.22M | 0 | 0 | 0 | 0 | 5M | 15.27M |
Payments for dividends | -3.58M | -3.6M | -3.72M | -3.84M | -4.28M | -3.67M | -3.04M | -2.20M | -2.20M | -1.82M |
Repurchases of common stock | -14.61M | -13.29M | -1.93M | -16.81M | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -5.73M | -700K | -642K | -10.66M | -24.88M | -5.12M | 0 | -14.80M | 0 | 0 |
Cash used in financing activities | -23.33M | 823.25M | -6.30M | 131.40M | -30.85M | -10.17M | -4.46M | -19.00M | 1.34M | 13.45M |
Net Change In Cash | 93.01M | 43.66M | -182.94M | 13.87M | 118.49M | 9.36M | -30.12M | 65.94M | -33.11M | -18.06M |
Cash at end of period | 225.25M | 132.24M | 88.58M | 271.52M | 257.64M | 139.14M | 129.78M | 159.90M | 93.96M | 127.07M |
| Data source | Data source | Data source |