VersaBank (VBNK) Current Assets (2021 - 2023)

VersaBank (VBNK) has reported Current Assets for 3 consecutive years, with $2.9 billion the latest figure, recorded in Q3 2023.

• Quarterly Current Assets rose 24.97% year-over-year to $2.9 billion in Q3 2023, while the trailing twelve-month figure through Jul 2023 was $10.7 billion (up 30.06% YoY) and the FY2022 annual result came in at $2.5 billion, up 32.68% from the prior year.
• Current Assets grew to $2.9 billion in Q3 2023 per VBNK's latest filing, from $2.7 billion in the prior quarter.
• Over the last five years, Current Assets for VBNK reached as high as $2.9 billion in Q3 2023 and fell as low as $1.6 billion in Q1 2021.
• A 3-year average of $2.2 billion and a median of $2.2 billion in 2022 frame the typical range for Current Assets.
• Annual changes were most pronounced in 2022 — Current Assets gained 20.15% — and 2023, when it jumped 37.99%.
• Year by year, Current Assets stood at $1.9 billion in 2021, then grew by 28.46% to $2.4 billion in 2022, then gained by 21.42% to $2.9 billion in 2023.
• According to Business Quant data, Current Assets over the past three periods registered $2.9 billion, $2.7 billion, and $2.6 billion for Q3 2023, Q2 2023, and Q1 2023 respectively.