VersaBank (VBNK) - Net Assets

Net assets on the balance sheet as of July 2024 : C$0.40 B

According to VersaBank's latest financial reports the company has C$0.40 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

VersaBank - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2023-10-31	$C$0.37 B	7.55%
2022-10-31	$C$0.35 B	5.59%
2021-10-31	$C$0.33 B	30.09%
2020-10-31	$C$0.25 B	6.3%
2019-10-31	$C$0.24 B	7.42%
2018-10-31	$C$0.22 B	7.21%
2017-10-31	$C$0.20 B	12.19%
2016-10-31	$C$0.18 B	6.45%
2015-10-31	$C$0.17 B	14.49%
2014-10-31	$C$0.15 B	14.56%
2013-10-31	$C$0.13 B	42.99%
2012-10-31	$C$93.1 M	-3.6%
2011-10-31	$C$96.57 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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VersaBank (VBNK) - Net assets