VersaBank (VBNK) - Total Assets
Based on the latest financial reports, VersaBank (VBNK) holds total assets worth $6.16 Billion USD as of January 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See VBNK total equity for net asset value and shareholders' equity analysis.
VersaBank - Total Assets Trend (2011–2025)
This chart illustrates how VersaBank's total assets have evolved over time, based on quarterly financial data.
VersaBank - Asset Composition Analysis
Current Asset Composition (October 2025)
VersaBank's total assets of $6.16 Billion consist of 10.6% current assets and 89.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.0% |
| Accounts Receivable | $30.79 Million | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $10.56 Million | 0.2% |
| Goodwill | $12.30 Million | 0.2% |
Asset Composition Trend (2011–2025)
This chart illustrates how VersaBank's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see VBNK market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: VersaBank's current assets represent 10.6% of total assets in 2025, a decrease from 25.5% in 2011.
- Cash Position: Cash and equivalents constituted 10.0% of total assets in 2025, down from 12.7% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
VersaBank Competitors by Total Assets
Key competitors of VersaBank based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bank of Guiyang Co Ltd
SHG:601997
|
China | CN¥746.59 Billion |
|
Vestjysk Bank A/S
CO:VJBA
|
Denmark | Dkr50.22 Billion |
|
VersaBank
TO:VBNK
|
Canada | CA$6.15 Billion |
|
Bank Agris Tbk
JK:AGRS
|
Indonesia | Rp22.51 Trillion |
|
RMB Holdings Ltd
JSE:RMH
|
South Africa | ZAC720.00 Million |
|
Bank Tabungan Pensiunan Nasional Syariah PT
JK:BTPS
|
Indonesia | Rp21.66 Trillion |
|
Banco Bradesco DRC
BA:BBD
|
Argentina | AR$2.20 Trillion |
|
Grupo Financiero Galicia S.A.
BA:GGAL
|
Argentina | AR$42.00 Trillion |
VersaBank - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.13 | 0.06 | 0.13 |
| Quick Ratio | 0.13 | 0.06 | 0.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.25 Billion | $-3.89 Billion | $-1.53 Billion |
VersaBank - Advanced Valuation Insights
This section examines the relationship between VersaBank's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.17 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 20.0% |
| Total Assets | $5.81 Billion |
| Market Capitalization | $467.89 Million USD |
Valuation Analysis
Below Book Valuation: The market values VersaBank's assets below their book value (0.08x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: VersaBank's assets grew by 20.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for VersaBank (2011–2025)
The table below shows the annual total assets of VersaBank from 2011 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-10-31 | $5.81 Billion | +20.05% |
| 2024-10-31 | $4.84 Billion | +15.16% |
| 2023-10-31 | $4.20 Billion | +28.65% |
| 2022-10-31 | $3.27 Billion | +35.23% |
| 2021-10-31 | $2.42 Billion | +24.24% |
| 2020-10-31 | $1.94 Billion | +8.88% |
| 2019-10-31 | $1.79 Billion | -1.31% |
| 2018-10-31 | $1.81 Billion | +4.87% |
| 2017-10-31 | $1.73 Billion | +1.21% |
| 2016-10-31 | $1.70 Billion | +4.83% |
| 2015-10-31 | $1.63 Billion | +12.45% |
| 2014-10-31 | $1.45 Billion | +2.94% |
| 2013-10-31 | $1.40 Billion | -8.44% |
| 2012-10-31 | $1.53 Billion | +3.26% |
| 2011-10-31 | $1.49 Billion | -- |
About VersaBank
VersaBank provides various banking products and services in Canada and the United States. The company operates through Digital Banking Canada; Digital Banking USA; and DRTC (cybersecurity services and banking and financial technology development) segments. It offers deposit products, such as guaranteed investment certificates, registered retirement savings plans, and tax-free savings accounts, as… Read more