VersaBank (VBNK) Revenue & Revenue Breakdown


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VersaBank Revenue Highlights


Latest Revenue (Y)

$108.64M

Latest Revenue (Q)

$73.50M

VersaBank Revenue by Period


VersaBank Revenue by Year

DateRevenueChange
2023-10-31$108.64M31.85%
2022-10-31$82.39M26.06%
2021-10-31$65.36M20.62%
2020-10-31$54.19M0.49%
2019-10-31$53.92M4.32%
2018-10-31$51.69M17.89%
2017-10-31$43.84M10.50%
2016-10-31$39.68M12.18%
2015-10-31$35.37M15.93%
2014-10-31$30.51M9.05%
2013-10-31$27.98M-14.96%
2012-10-31$32.90M12.53%
2011-10-31$29.23M-

VersaBank generated $108.64M in revenue during NA 2023, up 31.85% compared to the previous quarter, and up 210.19% compared to the same period a year ago.

VersaBank Revenue by Quarter

DateRevenueChange
2024-04-30$73.50M2.69%
2024-01-31$71.58M145.35%
2023-10-31$29.17M8.62%
2023-07-31$26.86M0.65%
2023-04-30$26.68M2.96%
2023-01-31$25.92M6.87%
2022-10-31$24.25M14.19%
2022-07-31$21.24M13.97%
2022-04-30$18.64M2.02%
2022-01-31$18.27M0.16%
2021-10-31$18.24M15.94%
2021-07-31$15.73M-1.51%
2021-04-30$15.97M3.55%
2021-01-31$15.42M12.36%
2020-10-31$13.73M10.77%
2020-07-31$12.39M-14.45%
2020-04-30$14.48M6.65%
2020-01-31$13.58M-0.39%
2019-10-31$13.63M-3.15%
2019-07-31$14.08M10.44%
2019-04-30$12.75M-5.29%
2019-01-31$13.46M-2.66%
2018-10-31$13.83M6.51%
2018-07-31$12.98M4.11%
2018-04-30$12.47M0.50%
2018-01-31$12.41M7.69%
2017-10-31$11.52M7.04%
2017-07-31$10.76M6.29%
2017-04-30$10.13M-11.42%
2017-01-31$11.43M10.07%
2016-10-31$10.39M2.03%
2016-07-31$10.18M5.54%
2016-04-30$9.64M1.88%
2016-01-31$9.47M1.31%
2015-10-31$9.35M2.75%
2015-07-31$9.10M6.26%
2015-04-30$8.56M2.27%
2015-01-31$8.37M-0.37%
2014-10-31$8.40M14.97%
2014-07-31$7.31M-2.96%
2014-04-30$7.53M3.53%
2014-01-31$7.27M0.71%
2013-10-31$7.22M2.45%
2013-07-31$7.05M8.48%
2013-04-30$6.50M-9.88%
2013-01-31$7.21M-8.43%
2012-10-31$7.87M-8.79%
2012-07-31$8.63M5.10%
2012-04-30$8.21M0.44%
2012-01-31$8.18M-39.32%
2011-10-31$13.47M198.91%
2011-07-31$4.51M-

VersaBank generated $73.50M in revenue during Q2 2024, up 2.69% compared to the previous quarter, and up 283.59% compared to the same period a year ago.

VersaBank Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
SMBCSouthern Missouri Bancorp$273.07M$74.54M
SHBIShore Bancshares$238.42M$81.55M
CBANColony Bankcorp$160.55M$44.69M
VBNKVersaBank$108.64M$73.50M
WNEBWestern New England Bancorp$101.12M$27.84M
OPOFOld Point Financial$80.28M$21.99M
VABKVirginia National Bankshares$79.09M$20.86M
PBHCPathfinder Bancorp$72.74M$22.94M
CWBCCommunity West Bancshares$61.39M$27.26M
IROQIF Bancorp$45.37M$12.32M
WMPNWilliam Penn Ban$34.97M$8.82M
HFBLHome Federal Bancorp, Inc. of Louisiana$33.45M$8.04M
VBFCVillage Bank and Trust Financial$33.24M$11.72M

VBNK Revenue FAQ


What is VersaBank’s yearly revenue?

VersaBank's yearly revenue for 2023 was $108.64M, representing an increase of 31.85% compared to 2022. The company's yearly revenue for 2022 was $82.39M, representing an increase of 26.06% compared to 2021. VBNK's yearly revenue for 2021 was $65.36M, representing an increase of 20.62% compared to 2020.

What is VersaBank’s quarterly revenue?

VersaBank's quarterly revenue for Q2 2024 was $73.5M, a 2.69% increase from the previous quarter (Q1 2024), and a 175.44% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $71.58M, a 145.35% increase from the previous quarter (Q4 2023), and a 176.16% increase year-over-year (Q1 2023). VBNK's quarterly revenue for Q4 2023 was $29.17M, a 8.62% increase from the previous quarter (Q3 2023), and a 20.29% increase year-over-year (Q4 2022).

What is VersaBank’s revenue growth rate?

VersaBank's revenue growth rate for the last 3 years (2021-2023) was 66.22%, and for the last 5 years (2019-2023) was 101.48%.