VersaBank Income Before Tax from 2010 to 2024

VBNK Stock  USD 13.58  0.35  2.65%   
VersaBank Income Before Tax yearly trend continues to be quite stable with very little volatility. Income Before Tax may rise above about 57.5 M this year. From the period between 2010 and 2024, VersaBank, Income Before Tax regression line of its data series had standard deviation of  18,868,794 and standard deviation of  18,868,794. View All Fundamentals
 
Income Before Tax  
First Reported
2011-07-31
Previous Quarter
13.5 M
Current Value
8.1 M
Quarterly Volatility
4.5 M
 
Yuan Drop
 
Covid
Check VersaBank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VersaBank's main balance sheet or income statement drivers, such as Interest Expense of 191.9 M, Selling General Administrative of 28.9 M or Total Revenue of 60.3 M, as well as many indicators such as Price To Sales Ratio of 2.68, Dividend Yield of 0.0063 or PTB Ratio of 0.89. VersaBank financial statements analysis is a perfect complement when working with VersaBank Valuation or Volatility modules.
  
Check out the analysis of VersaBank Correlation against competitors.
For more information on how to buy VersaBank Stock please use our How to buy in VersaBank Stock guide.

Latest VersaBank's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of VersaBank over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on VersaBank income statement and is an important metric when analyzing VersaBank profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is VersaBank's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in VersaBank's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

VersaBank Income Before Tax Regression Statistics

Arithmetic Mean25,094,377
Geometric Mean18,123,005
Coefficient Of Variation75.19
Mean Deviation14,962,668
Median25,013,000
Standard Deviation18,868,794
Sample Variance356T
Range55.1M
R-Value0.93
Mean Square Error54.6T
R-Squared0.86
Slope3,907,148
Total Sum of Squares4984.4T

VersaBank Income Before Tax History

202457.5 M
202354.8 M
202257.6 M
202132.5 M
202030.8 M
201926.8 M
201827.8 M

About VersaBank Financial Statements

VersaBank investors utilize fundamental indicators, such as Income Before Tax, to predict how VersaBank Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax54.8 M57.5 M

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When determining whether VersaBank is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if VersaBank Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Versabank Stock. Highlighted below are key reports to facilitate an investment decision about Versabank Stock:
Check out the analysis of VersaBank Correlation against competitors.
For more information on how to buy VersaBank Stock please use our How to buy in VersaBank Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VersaBank. If investors know VersaBank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VersaBank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Earnings Share
1.04
Revenue Per Share
4.385
Quarterly Revenue Growth
0.012
Return On Assets
0.011
The market value of VersaBank is measured differently than its book value, which is the value of VersaBank that is recorded on the company's balance sheet. Investors also form their own opinion of VersaBank's value that differs from its market value or its book value, called intrinsic value, which is VersaBank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VersaBank's market value can be influenced by many factors that don't directly affect VersaBank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VersaBank's value and its price as these two are different measures arrived at by different means. Investors typically determine if VersaBank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VersaBank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.