VersaBank

NASDAQ VBNK

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VersaBank Gross Profit Margin for the Trailing 12 Months (TTM) ending January 31, 2024: 100.00%

VersaBank Gross Profit Margin is 100.00% for the Trailing 12 Months (TTM) ending January 31, 2024, a 0.00% change year over year. Gross Profit Margin represents the percentage of revenue that represents gross profit, indicating the efficiency of a company's production and pricing.

VersaBank Gross Profit Margin for the Trailing 12 Months (TTM) ending January 31, 2023 was 100.00%, a 0.00% change year over year.
VersaBank Gross Profit Margin for the Trailing 12 Months (TTM) ending January 31, 2022 was 100.00%, a 0.00% change year over year.
VersaBank Gross Profit Margin for the Trailing 12 Months (TTM) ending January 31, 2021 was 100.00%, a 0.00% change year over year.
VersaBank Gross Profit Margin for the Trailing 12 Months (TTM) ending January 31, 2020 was 100.00%, a 0.00% change year over year.

NASDAQ: VBNK

VersaBank

CEO	Mr. David Roy Taylor B.Sc., BSc (Hons), FICB, M.B.A., MBA, PPL
IPO Date	Aug. 27, 2021
Location	Canada
Headquarters	140 Fullarton Street, London, ON, Canada, N6A 5P2
Employees	119
Sector	Financial Services
Industry	Banks - regional

Description

VersaBank provides various banking products and services in Canada and the United States. It offers deposit products, such as web-based chequing accounts, guaranteed investment certificates, registered retirement savings plans, and tax-free savings accounts, as well as deposit insurance products. The company also provides lending services, including point of sale financing that covers purchasing loan and lease receivables from finance companies operating in various industries; commercial banking services comprising commercial real estate, public sector/infrastructure financing, and condominium financing; and residential mortgages. In addition, it offers cybersecurity services. The company was formerly known as Pacific & Western Bank of Canada and changed its name to VersaBank in May 2016. VersaBank was incorporated in 1979 and is headquartered in London, Canada.

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