VersaBank (VBNK) Change in Loans (2021 - 2024)

VersaBank (VBNK) has reported Change in Loans for 4 consecutive years, with -$21.4 million the latest figure, recorded in Q3 2024.

• Quarterly Change in Loans rose 88.12% year-over-year to -$21.4 million in Q3 2024, while the trailing twelve-month figure through Jul 2024 was -$323.5 million (up 58.22% YoY) and the FY2021 annual result came in at -$352.8 million, down 726.4% from the prior year.
• Change in Loans advanced to -$21.4 million in Q3 2024 per VBNK's latest filing, from -$24.7 million in the prior quarter.
• Over the last five years, Change in Loans for VBNK reached as high as -$21.4 million in Q3 2024 and fell as low as -$280.0 million in Q3 2022.
• A 4-year average of -$120.3 million and a median of -$113.0 million in 2021 frame the typical range for Change in Loans.
• Annual changes were most pronounced in 2022 — Change in Loans tumbled 562.07% — and 2024, when it surged 88.12%.
• Year by year, Change in Loans stood at -$118.9 million in 2021, then plunged by 135.61% to -$280.0 million in 2022, then jumped by 35.59% to -$180.4 million in 2023, then jumped by 88.12% to -$21.4 million in 2024.
• According to Business Quant data, Change in Loans over the past three periods registered -$21.4 million, -$24.7 million, and -$97.0 million for Q3 2024, Q2 2024, and Q1 2024 respectively.