VersaBank (FRA:VEW) Other Assets for Banks : €16.91 Mil (As of Apr. 2024)

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What is VersaBank Other Assets for Banks?

VersaBank's quarterly other assets (bank) declined from Oct. 2023 (€19.13 Mil) to Jan. 2024 (€16.32 Mil) but then increased from Jan. 2024 (€16.32 Mil) to Apr. 2024 (€16.91 Mil).

VersaBank's annual other assets (bank) increased from Oct. 2021 (€5.82 Mil) to Oct. 2022 (€13.73 Mil) and increased from Oct. 2022 (€13.73 Mil) to Oct. 2023 (€19.13 Mil).

VersaBank Other Assets for Banks Historical Data

The historical data trend for VersaBank's Other Assets for Banks can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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VersaBank Other Assets for Banks Chart

VersaBank Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Other Assets for Banks

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11.29

7.71

5.82

13.73

19.13

VersaBank Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Other Assets for Banks	Get a 7-Day Free Trial															10.80	12.16	19.13	16.32	16.91

VersaBank Other Assets for Banks Calculation

Banks frequently group a variety of accounts as other assets on their balance sheets. Banks must report several of these accounts, such as investment in unconsolidated subsidiaries, customer liability on outstanding acceptances, and intangible assets as separate line items on Call Reports.

VersaBank (FRA:VEW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » VersaBank (FRA:VEW) » Definitions » Other Assets for Banks

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Traded in Other Exchanges

VBNK:USA VBNK.PR.A.PFD:Canada VBNK:Canada

Address

140 Fullarton Street, Suite 2002, London, ON, CAN, N6A 5P2

Website

https://www.versabank.com

VersaBank is a Canadian Schedule I chartered bank with a difference. VersaBank became the world's first digital financial institution when it adopted its highly efficient business-to-business model using its proprietary state-of-the-art financial technology to profitably address underserved segments of the Canadian banking market in the pursuit of superior net interest margins, while mitigating risk. VersaBank obtains all of its deposits and provides the majority of its loans and leases electronically, with innovative deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses. In addition, leveraging its internally developed IT security software and capabilities, VersaBank established a wholly-owned, subsidiary.

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