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VersaBank (TSX:VBNK) Deferred Policy Acquisition Costs : C$0.0 Mil (As of Jan. 2024)


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What is VersaBank Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs represent the costs incurred by insurance companies for policy acquisitions that has not been paid.

VersaBank Deferred Policy Acquisition Costs Historical Data

The historical data trend for VersaBank's Deferred Policy Acquisition Costs 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 Deferred Policy Acquisition Costs Chart

VersaBank Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Deferred Policy Acquisition Costs
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VersaBank Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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VersaBank (TSX:VBNK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » VersaBank (TSX:VBNK) » Definitions » Deferred Policy Acquisition Costs
Comparable Companies
TSX:LB CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER SGX:D05 NSE:SBIN HKSE:01658 SAU:1180 BSP:ITUB3 USB ISX:BBRI MIL:ISP PNC
Traded in Other Exchanges
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.