VersaBank (VersaBank) Net Margin % : 103.77% (As of Jan. 2017)

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What is VersaBank Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. VersaBank's Net Income for the three months ended in Jan. 2017 was $9.00 Mil. VersaBank's Revenue for the three months ended in Jan. 2017 was $8.67 Mil. Therefore, VersaBank's net margin for the quarter that ended in Jan. 2017 was 103.77%.

The historical rank and industry rank for VersaBank's Net Margin % or its related term are showing as below:

VRRKF's Net Margin % is not ranked ^*
in the Banks industry.
Industry Median: 25.13
* Ranked among companies with meaningful Net Margin % only.

VersaBank Net Margin % Historical Data

The historical data trend for VersaBank's Net Margin % 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 Net Margin % Chart

VersaBank Annual Data

Trend

Oct07

Oct08

Oct09

Oct10

Oct11

Oct12

Oct13

Oct14

Oct15

Oct16

Net Margin %

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-20.05

-49.69

-42.67

23.24

21.35

VersaBank Quarterly Data
	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17
Net Margin %	Get a 7-Day Free Trial															24.42	-21.88	-12.85	68.45	103.77

Competitive Comparison of VersaBank's Net Margin %

For the Banks - Regional subindustry, VersaBank's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

VersaBank's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, VersaBank's Net Margin % distribution charts can be found below:

* The bar in red indicates where VersaBank's Net Margin % falls into.

VersaBank Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

VersaBank's Net Margin for the fiscal year that ended in Oct. 2016 is calculated as

Net Margin	=	Net Income (A: Oct. 2016 )	/	Revenue (A: Oct. 2016 )
	=	6.392	/	29.943
	=	21.35 %

VersaBank's Net Margin for the quarter that ended in Jan. 2017 is calculated as

Net Margin	=	Net Income (Q: Jan. 2017 )	/	Revenue (Q: Jan. 2017 )
	=	8.999	/	8.672
	=	103.77 %

VersaBank (OTCPK:VRRKF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

VersaBank Net Margin % Related Terms

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VersaBank (VersaBank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » VersaBank (OTCPK:VRRKF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.versabank.com

Pacific & Western Credit Corp is a holding company. The Company's wholly-owned and main subsidiary is Pacific & Western Bank of Canada, which provides financial solutions to clients in selected niche markets. The Bank receives deposits through a diversified network of deposit brokers and is a member institution of the Canada Deposit Insurance Corporation ('CDIC'). The Bank invests these funds in loans, leases, commercial mortgages, residential development mortgages, equity and debt of corporations, and government guaranteed securities, all of which are selected to provide lower returns on equity but with limited risk of default. The Bank has two main business activities, namely deposit services and lending services. Deposit services are located in Saskatoon, Saskatchewan. Deposits, consisting of guaranteed investment certificates and daily interest savings accounts, eligible for CDIC insurance, are raised through a diversified network of deposit brokers across Canada. The Bank's business is comprised of three core lending segments, being real estate lending, public sector lending and commercial lending. The Bank's real estate lending portfolio is organized into four categories, being land and construction loans, residential term mortgages, commercial term mortgages, and insured mortgages. The Bank provides land and construction loans, residential term mortgages, commercial term mortgages, and insured mortgages.