VersaBank Balance Sheet Health
Financial Health criteria checks 6/6
VersaBank has total assets of CA$4.5B and total equity of CA$409.0M. Total deposits are CA$3.8B, and total loans are CA$4.0B. It earns a Net Interest Margin of 2.7%. It has sufficient allowance for bad loans, which are currently at 0% of total loans. Cash and short-term investments are CA$248.1M.
Key information
11x
Asset to equity ratio
2.7%
Net interest margin
| Total deposits | CA$3.82b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.001% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | CA$248.13m |
Recent financial health updates
No updates
Recent updates
Analyst Estimates: Here's What Brokers Think Of VersaBank (TSE:VBNK) After Its Second-Quarter Report
Jun 08
VersaBank Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Mar 09VersaBank (TSE:VBNK) Has Announced A Dividend Of CA$0.025
Jun 27VersaBank's (TSE:VBNK) Dividend Will Be CA$0.025
Mar 20VersaBank (TSE:VBNK) Will Pay A Dividend Of CA$0.025
Jun 05Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: VBNK's Assets to Equity ratio (11x) is moderate.
Allowance for Bad Loans: VBNK has a sufficient allowance for bad loans (4140%).
Low Risk Liabilities: 93% of VBNK's liabilities are made up of primarily low risk sources of funding.
Loan Level: VBNK has an appropriate level of Loans to Assets ratio (89%).
Low Risk Deposits: VBNK's Loans to Deposits ratio (105%) is appropriate.
Level of Bad Loans: VBNK has an appropriate level of bad loans (0%).