VersaBank (VBNK) Interest Coverage Ratio (2021 - 2026)
VersaBank (VBNK) posted quarterly Interest Coverage Ratio of 1.32 for Q1 2026, up 7.21% year-on-year from 1.23 in Q1 2025, and down 8.42% on a QoQ basis from 1.44 in Q4 2025.
VersaBank (VBNK) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
VersaBank (VBNK) has reported Interest Coverage Ratio for 6 consecutive years, with 1.32 the latest figure, recorded in Q1 2026.
- Quarterly Interest Coverage Ratio rose 7.21% year-over-year to 1.32 in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 1.57 (up 29.67% YoY) and the FY2025 annual result came in at 1.29, down 0.51% from the prior year.
- Interest Coverage Ratio eased to 1.32 in Q1 2026 per VBNK's latest filing, from 1.44 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for VBNK reached as high as 11.64 in Q2 2024 and fell as low as 1.05 in Q4 2024.
- A 5-year average of 5.03 and a median of 1.97 in 2022 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio plunged 89.66% — and 2023, when it soared 75.13%.
- Year by year, Interest Coverage Ratio stood at 1.24 in 2022, then fell by 8.13% to 1.14 in 2023, then fell by 7.94% to 1.05 in 2024, then surged by 38.16% to 1.44 in 2025, then decreased by 8.42% to 1.32 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.32, 1.44, and 7.47 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 7,084.59 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | -0.53 |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -22.98 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 1.66 |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 1.27 |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 2.19 |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 1.86 |
| 10 | VersaBank | 633.94 Mn | 633.94 Mn | - | 1.32 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 1.32 |
| Oct 31, 2025 | 1.44 |
| Jul 31, 2025 | 7.47 |
| Apr 30, 2025 | 9.42 |
| Jan 31, 2025 | 1.23 |
| Oct 31, 2024 | 1.05 |
| Jul 31, 2024 | 11.01 |
| Apr 30, 2024 | 11.64 |
| Jan 31, 2024 | 1.40 |
| Oct 31, 2023 | 1.14 |
| Jul 31, 2023 | 10.62 |
| Apr 30, 2023 | 10.45 |
| Jan 31, 2023 | 1.52 |
| Oct 31, 2022 | 1.24 |
| Jul 31, 2022 | 6.66 |
| Apr 30, 2022 | 5.97 |
| Jan 31, 2022 | 1.97 |
| Oct 31, 2021 | 2.05 |
| Jun 30, 2021 | 2.21 |
| Apr 30, 2021 | 57.71 |