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VersaBank (FRA:VEW) Pre-Tax Income : €43.84 Mil (TTM As of Apr. 2024)


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What is VersaBank Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. VersaBank's pretax income for the three months ended in Apr. 2024 was €11.11 Mil. Its pretax income for the trailing twelve months (TTM) ended in Apr. 2024 was €43.84 Mil. VersaBank's pretax margin was 57.19%.

During the past 13 years, VersaBank's highest Pretax Margin was 56.43%. The lowest was 20.35%. And the median was 43.31%.


VersaBank Pre-Tax Income Historical Data

The historical data trend for VersaBank's Pre-Tax Income 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.

* Premium members only.

VersaBank Pre-Tax Income Chart

VersaBank Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.07 17.20 21.35 24.13 39.81

VersaBank Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.28 9.45 11.68 11.60 11.11

Competitive Comparison of VersaBank's Pre-Tax Income

For the Banks - Regional subindustry, VersaBank's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VersaBank's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, VersaBank's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where VersaBank's Pre-Tax Income falls into.



VersaBank Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

VersaBank's Pretax Income for the fiscal year that ended in Oct. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+39.812
=39.81

VersaBank's Pretax Income for the quarter that ended in Apr. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+11.11
=11.11

Pre-Tax Income for the trailing twelve months (TTM) ended in Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €43.84 Mil.

* 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.


VersaBank  (FRA:VEW) Pre-Tax Income Explanation

VersaBank's Pretax Margin for the quarter that ended in Apr. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=11.11/19.426
=57.19%

During the past 13 years, VersaBank's highest Pretax Margin was 56.43%. The lowest was 20.35%. And the median was 43.31%.

* 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.


VersaBank Pre-Tax Income Related Terms

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VersaBank (FRA:VEW) Business Description

Traded in Other Exchanges
Address
140 Fullarton Street, Suite 2002, London, ON, CAN, N6A 5P2
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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