VersaBank (VBNK) — Tangible Net Worth Ratio
VersaBank (VBNK) has a Tangible Net Worth Ratio of 98.1% as of January 2026. This metric is calculated by deducting intangible assets (CA$10.21 Million) from net assets (CA$543.08 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. See VBNK working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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 January 2026, the ratio stands at 98.1%, reflecting net assets of CA$543.08 Million with intangible assets of CA$10.21 Million CAD. See VersaBank (VBNK) liquidity interval to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see VBNK market cap.
| 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 | — |