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
DateValue
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