VersaBank (TSX:VBNK) Total Equity : C$377.2 Mil (As of Oct. 2023)

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What is VersaBank Total Equity?

VersaBank's total equity for the quarter that ended in Oct. 2023 was C$377.2 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

VersaBank Total Equity Historical Data

The historical data trend for VersaBank's Total Equity 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 Equity Chart

VersaBank Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Total Equity

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240.16

255.29

332.11

350.68

377.16

VersaBank Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Total Equity	Get a 7-Day Free Trial															350.68	351.18	356.52	365.04	377.16

VersaBank Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

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

Total Equity	=	Total Assets(Q: Oct. 2023 )	-	Total Liabilities(Q: Oct. 2023 )
	=	4201.61	-	3824.452
	=	377.2

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

Total Equity	=	Total Assets(Q: Oct. 2023 )	-	Total Liabilities(Q: Oct. 2023 )
	=	4201.61	-	3824.452
	=	377.2

VersaBank Total Equity Related Terms

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VersaBank (TSX:VBNK) Business Description

Industry

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

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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.