VersaBank (VBNK) Interest Expenses (2021 - 2026)
VersaBank (VBNK) posted quarterly Interest Expenses of $34.1 million for Q1 2026, up 1.89% year-on-year from $33.5 million in Q1 2025, and down 9.43% on a QoQ basis from $37.7 million in Q4 2025.
VersaBank (VBNK) Interest Expenses (2021 - 2026) Analysis & Trends
VersaBank (VBNK) has reported Interest Expenses for 6 consecutive years, with $34.1 million the latest figure, recorded in Q1 2026.
- Quarterly Interest Expenses rose 1.89% year-over-year to $34.1 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $73.7 million (down 55.65% YoY) and the FY2025 annual result came in at $133.5 million, down 0.6% from the prior year.
- Interest Expenses retreated to $34.1 million in Q1 2026 per VBNK's latest filing, from $37.7 million in the prior quarter.
- Over the last five years, Interest Expenses for VBNK reached as high as $130.7 million in Q4 2024 and fell as low as $978901.1 in Q2 2025.
- A 5-year average of $25.2 million and a median of $6.2 million in 2022 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses jumped 870.6% — and 2025, when it slumped 71.18%.
- Year by year, Interest Expenses stood at $34.7 million in 2022, then surged by 165.9% to $92.1 million in 2023, then surged by 41.8% to $130.7 million in 2024, then sank by 71.18% to $37.7 million in 2025, then retreated by 9.43% to $34.1 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $34.1 million, $37.7 million, and $983965.8 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 259,661.44 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | -2.73 Bn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -32,586.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 3.52 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 19.98 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 5.30 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 2.53 Bn |
| 10 | VersaBank | 633.94 Mn | 633.94 Mn | - | 34.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 34.11 Mn |
| Jan 31, 2026 | 34.11 Mn |
| Oct 31, 2025 | 37.66 Mn |
| Oct 31, 2025 | 37.66 Mn |
| Jul 31, 2025 | 983,965.77 |
| Jul 31, 2025 | 983,965.77 |
| Apr 30, 2025 | 978,901.07 |
| Apr 30, 2025 | 978,901.07 |
| Jan 31, 2025 | 33.48 Mn |
| Jan 31, 2025 | 33.48 Mn |
| Oct 31, 2024 | 130.67 Mn |
| Oct 31, 2024 | 130.67 Mn |
| Jul 31, 2024 | 982,269.61 |
| Jul 31, 2024 | 982,269.61 |
| Apr 30, 2024 | 1.13 Mn |
| Apr 30, 2024 | 1.13 Mn |
| Jan 31, 2024 | 31.60 Mn |
| Jan 31, 2024 | 31.60 Mn |
| Oct 31, 2023 | 92.15 Mn |
| Oct 31, 2023 | 92.15 Mn |