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Versabank [VRRKF]
Source:
Company Overview
Versabank is a Canadian Schedule I chartered bank regulated by OSFI in Canada. Its wholly owned subsidiary, VersaBank USA, is a federally chartered bank in the U.S. regulated by the OCC. VersaBank has a branchless, digital business-to-business model based on its proprietary state-of-the-art technology that enables it to profitably address underserved segments of the banking industry in a significantly risk mitigated manner.
| Country | United States |
| Headquarters | london |
| Phone Number | 519-645-1919 |
| Industry | finance |
| CEO | David R. Taylor |
| Website | www.versabank.com |
Financial Year:
Financial Overview (Dollars in Millions)
| Revenue | $111.6 |
| Operating Profit | |
| Net Income | $39.7 |
| Net Cash | $91.8 |
Profit Ratios
| Gross Margin | $111.6 |
| Operating Margin | |
| Profit as % of Revenues | 280.9% |
| Profit as % of Assets | 0.9% |
| Profit as % of Stockholder Equity | 10% |
Management Effectiveness
| Return on Equity | 10% |
| Return on Assets | 0.8% |
| Turnover Ratio | 2.5% |
| EBITA |
Balance Sheet and Cash Flow Measures
| Total Assets | $4,838.5 |
| Total Liabilities | $4,439.3 |
| Operating Cash Flow | $272.7 |
| Investing Cash Flow | $-157.6 |
| Financing Cash Flow | $-23.3 |
