VersaBank (VBNK) Interest Coverage Ratio (2021 - 2026)
VersaBank's quarterly Interest Coverage Ratio came in at 1.32 in Q1 2026, up 7.21% year-on-year from 1.23 in Q1 2025, and up 61.21% quarter-over-quarter from 0.82 in Q4 2025.
VersaBank has reported Interest Coverage Ratio for 6 years, with the latest figure at 1.32 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio rose 7.21% year-over-year to 1.32; the trailing twelve-month figure through Jan 2026 stood at 22.41 (up 179.78% YoY), and the FY2025 full-year result was 10.96, up 2.77% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 1.32, up from 0.82 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 1.97 in Q1 2022, with the low at 0.82 in Q4 2025.
- Average Interest Coverage Ratio over 5 years is 1.4, with a median of 1.4 recorded in 2024.
- Year-over-year, Interest Coverage Ratio sank 34.2% in 2024 and grew 7.21% in 2026.
- Tracing VBNK's Interest Coverage Ratio over 5 years: stood at 1.55 in 2022, then decreased by 8.33% to 1.42 in 2023, then slumped by 34.2% to 0.94 in 2024, then dropped by 12.47% to 0.82 in 2025, then surged by 61.21% to 1.32 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.32 (Q1 2026), 0.82 (Q4 2025), and 1.27 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -3.29 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 2.53 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 2.21 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 1.32 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | -36.40 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 1.88 |
| 10 | VersaBank | 4.19 Bn | 4.19 Bn | - | 1.32 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 1.32 |
| Oct 31, 2025 | 0.82 |
| Apr 30, 2025 | 1.27 |
| Jan 31, 2025 | 1.23 |
| Oct 31, 2024 | 0.94 |
| Apr 30, 2024 | 1.36 |
| Jan 31, 2024 | 1.40 |
| Oct 31, 2023 | 1.42 |
| Jul 31, 2023 | 1.39 |
| Apr 30, 2023 | 1.47 |
| Jan 31, 2023 | 1.52 |
| Oct 31, 2022 | 1.55 |
| Jul 31, 2022 | 1.56 |
| Apr 30, 2022 | 1.79 |
| Jan 31, 2022 | 1.97 |
| Oct 31, 2021 | 2.05 |
| Jun 30, 2021 | 2.21 |
| Apr 30, 2021 | 2.21 |
| Jan 31, 2021 | 2.02 |