VersaBank (VBNK) Long-Term Deferred Tax (2021 - 2024)

VersaBank has reported Long-Term Deferred Tax for 4 years, with the latest figure at $1.9 million in Q2 2024.

• For the quarter ending Q2 2024, Long-Term Deferred Tax rose 13.69% year-over-year to $1.9 million; the trailing twelve-month figure through Apr 2024 stood at $1.9 million (up 13.69% YoY), and the FY2023 full-year result was $3.0 million, up 86.79% from the prior year.
• Long-Term Deferred Tax for Q2 2024 stood at $1.9 million, down from $2.3 million in the prior quarter.
• The five-year high for Long-Term Deferred Tax was $3.3 million in Q1 2021, with the low at $1.5 million in Q1 2023.
• Average Long-Term Deferred Tax over 4 years is $2.1 million, with a median of $2.0 million recorded in 2023.
• Peak annual rise in Long-Term Deferred Tax reached 86.79% in 2023, while the deepest fall reached 34.46% in 2023.
• Tracing VBNK's Long-Term Deferred Tax over 4 years: stood at $2.3 million in 2021, then tumbled by 31.28% to $1.6 million in 2022, then surged by 86.79% to $3.0 million in 2023, then tumbled by 36.3% to $1.9 million in 2024.
• The last three Long-Term Deferred Tax figures came in at $1.9 million (Q2 2024), $2.3 million (Q1 2024), and $3.0 million (Q4 2023), per Business Quant data.

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