VBNK.TO
Price:
$20.92
Market Cap:
$668.32M
VersaBank, a schedule I chartered bank, provides various banking products and services in Canada. The company offers deposit products, such as guaranteed investment certificates, registered retirement savings plans, daily interest savings accounts, and tax-free savings accounts, as well as deposit insurance products. It also provides lending services, including point of sale financing that involves purchasing loan and lease receivables from finance companies operating in various industries; and commercial banking services comprising commercial real estate, public sector/infrastructure financing, condominium financing, and residential mortgages. The company was formerly known as Pacific & Wes...[Read more]
Industry
Banks - Regional
IPO Date
2013-08-28
Stock Exchange
TSX
Ticker
VBNK.TO
According to VersaBank’s latest financial reports and current stock price. The company's current Current Ratio is 0.13. This represents a change of -2.98% compared to the average of 0.13 of the last 4 quarters.
The mean historical Current Ratio of VersaBank over the last ten years is 0.33. The current 0.13 Current Ratio has changed 3.72% with respect to the historical average. Over the past ten years (40 quarters), VBNK.TO's Current Ratio was at its highest in in the July 2020 quarter at 136.49. The Current Ratio was at its lowest in in the April 2017 quarter at 0.
Average
0.33
Median
0.10
Minimum
0.04
Maximum
2.48
Discovering the peaks and valleys of VersaBank Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.42%
Maximum Annual Current Ratio = 2.48
Minimum Annual Increase = -98.37%
Minimum Annual Current Ratio = 0.04
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.13 | 102.19% |
| 2024 | 0.06 | 40.20% |
| 2023 | 0.04 | 9.85% |
| 2022 | 0.04 | -98.37% |
| 2021 | 2.48 | 1.42% |
| 2020 | 0.16 | 61.50% |
| 2019 | 0.10 | 8.96% |
| 2018 | 0.09 | -21.10% |
| 2017 | 0.12 | 53.89% |
| 2016 | 0.08 | -96.52% |
The current Current Ratio of VersaBank (VBNK.TO) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.08
5-year avg
0.55
10-year avg
0.33
VersaBank’s Current Ratio is less than Atrium Mortgage Investment Corporation (1.20), less than Life & Banc Split Corp. (2.03), greater than Timbercreek Financial Corp. (0), less than Canadian Banc Corp. (12.02), less than Aimia Inc. (2.92), less than Fiera Capital Corporation (1.30), greater than Firm Capital Mortgage Investment Corporation (0), greater than North American Financial 15 Split Corp. (0), less than Queen's Road Capital Investment Ltd. (0.23), less than RF Capital Group Inc. (1.15),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.20 | $560.36M | |
| 2.03 | $617.49M | |
| 0 | $570.17M | |
| 12.02 | $619.76M | |
| 2.92 | $512.67M | |
| 1.30 | $646.13M | |
| 0 | $433.50M | |
| 0 | $558.17M | |
| 0.23 | $455.06M | |
| 1.15 | $314.30M |
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What is the Current Ratio?
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What is VersaBank's Current Ratio?
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What is the 5-year average Current Ratio for VersaBank (VBNK.TO)?
How does the current Current Ratio for VersaBank (VBNK.TO) compare to its historical average?