VersaBank (TSX:VBNK) Total Liabilities : C$3,824.5 Mil (As of Oct. 2023)

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What is VersaBank Total Liabilities?

VersaBank's Total Liabilities for the quarter that ended in Oct. 2023 was C$3,824.5 Mil.

VersaBank's quarterly Total Liabilities increased from Apr. 2023 (C$3,372.87 Mil) to Jul. 2023 (C$3,615.80 Mil) and increased from Jul. 2023 (C$3,615.80 Mil) to Oct. 2023 (C$3,824.45 Mil).

VersaBank's annual Total Liabilities increased from Oct. 2021 (C$2,082.98 Mil) to Oct. 2022 (C$2,915.32 Mil) and increased from Oct. 2022 (C$2,915.32 Mil) to Oct. 2023 (C$3,824.45 Mil).

VersaBank Total Liabilities Historical Data

The historical data trend for VersaBank's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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VersaBank Total Liabilities Chart

VersaBank Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Total Liabilities

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1,545.22

1,688.60

2,082.98

2,915.32

3,824.45

VersaBank Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Total Liabilities	Get a 7-Day Free Trial															2,915.32	3,180.51	3,372.87	3,615.80	3,824.45

VersaBank Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

VersaBank's Total Liabilities for the fiscal year that ended in Oct. 2023 is calculated as

Total Liabilities	=	Total Assets (A: Oct. 2023 )	-	Total Equity (A: Oct. 2023 )
	=	4201.61	-	377.158
	=	3,824.5

VersaBank's Total Liabilities for the quarter that ended in Oct. 2023 is calculated as

Total Liabilities	=	Total Assets (Q: Oct. 2023 )	-	Total Equity (Q: Oct. 2023 )
	=	4201.61	-	377.158
	=	3,824.5

VersaBank Total Liabilities Related Terms

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VersaBank (TSX:VBNK) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » VersaBank (TSX:VBNK) » Definitions » Total Liabilities

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VBNK:USA VBNK.PR.A.PFD:Canada

Address

140 Fullarton Street, Suite 2002, London, ON, CAN, N6A 5P2

Website

https://www.versabank.com

VersaBank is a Canadian Schedule I chartered bank with a difference. VersaBank became the world's first digital financial institution when it adopted its highly efficient business-to-business model using its proprietary state-of-the-art financial technology to profitably address underserved segments of the Canadian banking market in the pursuit of superior net interest margins, while mitigating risk. VersaBank obtains all of its deposits and provides the majority of its loans and leases electronically, with innovative deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses. In addition, leveraging its internally developed IT security software and capabilities, VersaBank established a wholly-owned, subsidiary.