VersaBank Total Assets
VersaBank total assets. Based on the latest financial reports, VersaBank (VBNK) holds total assets worth CA$6.88 Billion CAD (≈ $4.97 Billion USD) as of July 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. Also see how much is VersaBank worth for the company's overall valuation and market capitalisation.
Total Assets of VersaBank (2010–2025)
Total assets of VersaBank from 2010 to 2025. This chart illustrates how VersaBank's total assets have evolved over time, based on quarterly financial data. See current stock price of VersaBank for real-time trading data and today's change.
VersaBank - Asset Composition Analysis
VersaBank Total Assets Breakdown (October 2025)
VersaBank total assets breakdown as of October 2025. VersaBank's total assets of CA$6.88 Billion consist of 10.6% current assets and 89.4% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 10.0% |
| Accounts Receivable | CA$30.79 Million | 0.5% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$26.36 Million | 0.5% |
| Intangible Assets | CA$10.56 Million | 0.2% |
| Goodwill | CA$12.30 Million | 0.2% |
Asset Composition Trend (2010–2025)
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. Explore VBNK working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: VersaBank's current assets represent 10.6% of total assets in 2025, an increase from 7.6% in 2010.
- Cash Position: Cash and equivalents constituted 10.0% of total assets in 2025, up from 0.0% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- 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 |
|---|---|---|
|
Societe Generale S.A.
PA:GLE
|
France | €1.55 Trillion |
|
Itau Unibanco Banco Holding SA
NYSE:ITUB
|
USA | $3.14 Trillion |
|
Spar Nord Bank
CO:SPNO
|
Denmark | Dkr143.85 Billion |
|
Bank of Guiyang Co Ltd
SHG:601997
|
China | CN¥746.59 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank Ina Perdana PT
JK:BINA
|
Indonesia | Rp30.24 Trillion |
|
SJF Bank A/S
CO:SJF
|
Denmark | Dkr36.72 Billion |
|
Bank Rakyat Indonesia Agroniaga
JK:AGRO
|
Indonesia | Rp13.34 Trillion |
VersaBank - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.09 | 0.14 | 0.15 |
| Quick Ratio | 0.09 | 0.14 | 0.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-5.39 Billion | CA$-3.97 Billion | CA$-1.67 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 | 1.75 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 20.0% |
| Total Assets | CA$5.81 Billion |
| Market Capitalization | $754.43 Million USD |
Valuation Analysis
Below Book Valuation: The market values VersaBank's assets below their book value (0.13x), 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 (2010–2025)
The table below shows the annual total assets of VersaBank from 2010 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-10-31 | CA$5.81 Billion ≈ $4.20 Billion |
+20.05% |
| 2024-10-31 | CA$4.84 Billion ≈ $3.50 Billion |
+15.16% |
| 2023-10-31 | CA$4.20 Billion ≈ $3.04 Billion |
+28.65% |
| 2022-10-31 | CA$3.27 Billion ≈ $2.36 Billion |
+35.23% |
| 2021-10-31 | CA$2.42 Billion ≈ $1.75 Billion |
+24.24% |
| 2020-10-31 | CA$1.94 Billion ≈ $1.41 Billion |
+8.88% |
| 2019-10-31 | CA$1.79 Billion ≈ $1.29 Billion |
-1.31% |
| 2018-10-31 | CA$1.81 Billion ≈ $1.31 Billion |
+4.87% |
| 2017-10-31 | CA$1.73 Billion ≈ $1.25 Billion |
+1.21% |
| 2016-10-31 | CA$1.70 Billion ≈ $1.23 Billion |
+4.83% |
| 2015-10-31 | CA$1.63 Billion ≈ $1.18 Billion |
+12.45% |
| 2014-10-31 | CA$1.45 Billion ≈ $1.05 Billion |
+2.94% |
| 2013-10-31 | CA$1.40 Billion ≈ $1.02 Billion |
-8.44% |
| 2012-10-31 | CA$1.53 Billion ≈ $1.11 Billion |
+3.26% |
| 2011-10-31 | CA$1.49 Billion ≈ $1.07 Billion |
+12.91% |
| 2010-10-31 | CA$1.32 Billion ≈ $951.89 Million |
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About VersaBank
VersaBank provides various banking products and services in Canada and the United States. The company operates through four segments: Digital Banking Canada, Digital Banking USA, DRTC (Cybersecurity), and Digital Meteor. It offers deposit products, such as guaranteed investment certificates, registered retirement savings plans, and tax-free savings accounts, as well as deposit insurance products.… Read more