VersaBank (VBNK) — Tangible Net Worth Ratio
VersaBank (VBNK) has a Tangible Net Worth Ratio of 98.7% as of July 2026. This metric is calculated by deducting intangible assets (CA$7.39 Million) from net assets (CA$565.57 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore VersaBank net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
VersaBank Tangible Net Worth Ratio (2010–2025)
This chart shows how VersaBank's Tangible Net Worth Ratio has changed across 16 annual periods from 2010 to 2025. As of July 2026, the ratio stands at 98.7%, reflecting net assets of CA$565.57 Million with intangible assets of CA$7.39 Million CAD. For live market cap and overall valuation, see market cap of VersaBank.
Annual Tangible Net Worth Ratio for VersaBank (2010–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for VersaBank from 2010 to 2025, covering 16 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore VersaBank capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.0% | CA$532.67 Million | CA$10.56 Million | CA$5.81 Billion | ▲ +1.0 pp |
| 2024 | 97.0% | CA$399.20 Million | CA$12.05 Million | CA$4.84 Billion | ▼ -2.3 pp |
| 2023 | 99.3% | CA$377.16 Million | CA$2.79 Million | CA$4.20 Billion | ▲ +0.2 pp |
| 2022 | 99.1% | CA$350.68 Million | CA$3.19 Million | CA$3.27 Billion | ▲ +0.2 pp |
| 2021 | 98.9% | CA$332.11 Million | CA$3.64 Million | CA$2.42 Billion | ▼ -1.1 pp |
| 2020 | 100.0% | CA$255.29 Million | CA$0.00 | CA$1.94 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | CA$240.16 Million | CA$0.00 | CA$1.79 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | CA$223.57 Million | CA$0.00 | CA$1.81 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | CA$208.54 Million | CA$0.00 | CA$1.73 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | CA$185.88 Million | CA$0.00 | CA$1.70 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | CA$174.62 Million | CA$0.00 | CA$1.63 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | CA$152.52 Million | CA$0.00 | CA$1.45 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | CA$133.13 Million | CA$0.00 | CA$1.40 Billion | ▲ +0.0 pp |
| 2012 | 100.0% | CA$93.10 Million | CA$0.00 | CA$1.53 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | CA$96.58 Million | CA$0.00 | CA$1.49 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | CA$88.09 Million | CA$0.00 | CA$1.32 Billion | — |