VersaBank (VBNK) Balance Sheet: Assets & Liabilities

VersaBank (VBNK) Balance Sheet

As of Oct 31, 2025 (end of fiscal 2025), VersaBank reported total assets of CAD 5.81B and total liabilities of CAD 5.28B. Shareholders' equity was CAD 532.67M, up 33.4% from CAD 399.20M a year earlier. Total debt stood at CAD 108.51M against CAD 582.66M in cash and short-term investments, a net cash position of CAD 474.15M. That puts debt-to-equity at 0.20, compared with 0.26 a year earlier.

VersaBank Balance Sheet Analysis

Values in billions CAD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for VersaBank (VBNK) - Annual data in billions CAD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Oct 2025	Oct 2024	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017
Current Assets
Cash and Cash Equivalents	0.58	0.23	0.13	0.09	0.27	0.26	0.14	0.13	0.16
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	0.58	0.23	0.13	0.09	0.27	0.26	0.14	0.13	0.16
Accounts Receivable	0.03	0.03	0.02	0.02	0.01	0.01	0.01	0.01	0.01
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.01
Total Current Assets	0.61	0.26	0.16	0.11	0.28	0.27	0.15	0.14	0.17
Non-Current Assets
Property, Plant & Equipment (Net)	0.03	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Long-Term Investments	5.12	4.51	4.00	3.12	0.00	1.66	1.60	1.63	1.52
Goodwill	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00
Intangible Assets	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	0.02	0.01	0.02	0.02	2.12	0.00	0.02	0.01	0.01
Total Non-Current Assets	5.20	4.58	4.04	3.16	2.14	1.67	1.63	1.67	1.55
Total Assets	5.81	4.84	4.20	3.27	2.42	1.94	1.79	1.81	1.73
Current Liabilities
Accounts Payable	0.00	0.00	0.01	0.01	0.11	0.10	0.10	0.10	0.09
Other Current Liabilities	4.86	4.14	3.53	2.65	-0.11	1.57	1.40	1.44	1.38
Total Current Liabilities	4.86	4.14	3.54	2.67	0.11	1.66	1.50	1.53	1.46
Non-Current Liabilities
Long-Term Debt	0.11	0.10	0.11	0.11	0.10	0.02	0.04	0.04	0.04
Deferred Tax Liabilities	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.31	0.19	0.17	0.14	0.12	0.01	0.01	0.01	0.01
Total Non-Current Liabilities	0.41	0.29	0.28	0.25	0.22	0.02	0.05	0.05	0.05
Total Liabilities	5.28	4.44	3.82	2.92	2.08	1.69	1.55	1.59	1.52
Stockholders' Equity
Common Stock	0.33	0.22	0.21	0.23	0.23	0.15	0.15	0.15	0.15
Retained Earnings	0.20	0.18	0.15	0.11	0.09	0.07	0.06	0.04	0.03
Accumulated Other Comprehensive Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Additional Paid-in Capital	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Shares Outstanding	0.03	0.03	0.03	0.03	-	-	-	-	-
Total Stockholders' Equity	0.53	0.40	0.38	0.35	0.33	0.26	0.24	0.22	0.21
Total Liabilities & Equity	5.81	4.84	4.20	3.27	2.42	1.94	1.79	1.81	1.73

Source: Company financial statements from annual and quarterly filings. Data as of Jul 31, 2026. Data sources and methodology

Frequently Asked Questions About VersaBank Balance Sheet

How much debt does VersaBank have?

VersaBank had total debt of CAD 108.51M as of Oct 31, 2025, against CAD 582.66M in cash and short-term investments. Its debt-to-equity ratio was 0.20. Total debt was CAD 102.50M a year earlier.

What are VersaBank's total assets?

VersaBank reported total assets of CAD 5.81B as of Oct 31, 2025, up 20.0% from CAD 4.84B a year earlier. Total liabilities were CAD 5.28B.

What is VersaBank's shareholders' equity?

VersaBank's shareholders' equity was CAD 532.67M as of Oct 31, 2025, or about CAD 16.67 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition