VersaBank
Income Statement

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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 3% to $111,633,000. Profit margin reached 36%. Total operating expenses were $111,633,000.

Profit Margin

VersaBank (NASDAQ:VBNK): Profit margin
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%
2022 82.39M 22.65M 27.5%
2023 108.63M 42.16M 38.81%
2024 111.63M 39.74M 35.61%

VBNK Income Statement (2015 – 2024)

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue
111.63M108.63M82.39M65.35M54.18M53.91M51.68M43.84M39.67M35.36M
Cost of revenue
0-609K00000000
Gross profit
111.63M109.24M82.39M65.35M54.18M53.91M51.68M43.84M39.67M35.36M
Operating exp.
Research and development
0000000000
Selling and marketing
035.33M0000000298K
Total operating expenses
111.63M50.38M307K-34.56M-27.43M-26.09M2.74M10.84M024.78M
Operating income
057.64M82.69M30.78M26.75M27.82M54.42M14.73M11.75M9.03M
Other income (expenses), net
54.79M0-50.15M30.78M027.82M-29.41M-2.04M00
Income before tax
54.79M57.64M32.54M30.78M26.75M27.82M25.01M14.73M11.75M9.03M
Income tax expense
15.04M15.48M9.89M8.40M7.34M7.62M6.93M-4.74M3.28M821K
Net income
39.74M42.16M22.65M22.38M19.40M20.19M18.07M19.47M8.47M8.21M
Earnings per share
Basic EPS
1.441.530.790.960.820.850.860.830.320.33
Diluted EPS
1.491.570.790.960.820.850.860.830.320.33
Data sourceData source