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VersaBank (TSX:VBNK) Marketable Securities : C$159.5 Mil (As of Jan. 2025)


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What is VersaBank Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. VersaBank's Marketable Securities for the quarter that ended in Jan. 2025 was C$159.5 Mil.

VersaBank's annual Marketable Securities stayed the same from Oct. 2022 (C$1.0 Mil) to Oct. 2023 (C$1.0 Mil) and stayed the same from Oct. 2023 (C$1.0 Mil) to Oct. 2024 (C$1.0 Mil).


VersaBank Marketable Securities Historical Data

The historical data trend for VersaBank's Marketable Securities 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.

* Premium members only.

VersaBank Marketable Securities Chart

VersaBank Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.95 0.95 0.95 0.95

VersaBank Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.95 0.95 0.95 159.50

VersaBank Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.


VersaBank  (TSX:VBNK) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".


VersaBank Marketable Securities Related Terms

Thank you for viewing the detailed overview of VersaBank's Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.


VersaBank Business Description

Traded in Other Exchanges
Address
140 Fullarton Street, Suite 2002, London, ON, CAN, N6A 5P2
VersaBank is a Canadian Schedule I chartered bank with a difference. It has 3 operating segments: Digital Banking Canada, Digital Banking USA and DRTC. It's, cloud-based, business-to-business deposit and lending model provides valued-added solutions to Canadian financial intermediary partners, enabling them to focus on growing their own businesses faster and more profitably. It obtains all of its deposits and provides the majority of its loans and leases electronically, with 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, Company established a wholly owned, subsidiary. Geographically located in Canada and USA.