VersaBank (VBNK) Deferred Taxes (2021 - 2026)

VersaBank (VBNK) has reported Deferred Taxes for 6 consecutive years, with $3.0 million the latest figure, recorded in Q1 2026.

• Quarterly Deferred Taxes rose 45.06% year-over-year to $3.0 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $8.9 million (down 20.68% YoY) and the FY2021 annual result came in at $6.7 million, up 22.36% from the prior year.
• Deferred Taxes rose to $3.0 million in Q1 2026 per VBNK's latest filing, from $1.6 million in the prior quarter.
• Over the last five years, Deferred Taxes for VBNK reached as high as $3.3 million in Q2 2024 and fell as low as $1.5 million in Q2 2022.
• A 5-year average of $2.4 million and a median of $2.6 million in 2023 frame the typical range for Deferred Taxes.
• Annual changes were most pronounced in 2023 — Deferred Taxes surged 75.3% — and 2025, when it slumped 42.43%.
• Year by year, Deferred Taxes stood at $1.7 million in 2022, then surged by 71.61% to $2.9 million in 2023, then fell by 3.75% to $2.7 million in 2024, then sank by 42.43% to $1.6 million in 2025, then jumped by 91.5% to $3.0 million in 2026.
• According to Business Quant data, Deferred Taxes over the past three periods registered $3.0 million, $1.6 million, and $2.3 million for Q1 2026, Q3 2025, and Q2 2025 respectively.