VersaBank VBNK
NASDAQ VBNK
$21.70 -0.36 (-1.63%)
At close: Sep 9, 2026 · 4:00 PM EDT

VersaBank (VBNK) Operating Expenses (2021 - 2026)

VersaBank (VBNK) posted Operating Expenses of $18.0 million for Q3 2026, down 13.12% on a QoQ basis from $20.8 million in Q2 2026.

Analysis

VersaBank (VBNK) Operating Expenses (2021 - 2026) Analysis & Trends

VersaBank has reported Operating Expenses for 6 years, with the latest figure at $18.0 million in Q3 2026.

  • On a quarterly basis, Operating Expenses changed N/A year-over-year to $18.0 million in Q3 2026; TTM through Jul 2026 was $70.8 million, a N/A change from a year earlier, with the FY2025 full-year figure at $58.9 million, up 30.74% from the prior year.
  • Operating Expenses was $18.0 million for Q3 2026 at VersaBank, down from $20.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $20.8 million in Q2 2026, with the low at $8.4 million in Q1 2022.
  • Average Operating Expenses over 5 years is $11.8 million, with a median of $10.3 million recorded in 2022.
  • The sharpest annual moves came in 2023 and 2026: Operating Expenses slipped 11.53% in 2023, then soared 60.65% in 2026.
  • Over 5 years, Operating Expenses stood at $10.4 million in 2022, then dropped by 11.53% to $9.2 million in 2023, then soared by 54.56% to $14.2 million in 2024, then advanced by 21.35% to $17.2 million in 2025, then gained by 4.87% to $18.0 million in 2026.
  • The last three Operating Expenses figures came in at $18.0 million (Q3 2026), $20.8 million (Q2 2026), and $14.8 million (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bank Of America 2,145.36 Bn 1,556.87 Bn 30.39 Bn 18.63 Bn
2 Morgan Stanley 335.03 Bn 174.89 Bn - 13.90 Bn
3 Goldman Sachs 309.45 Bn -666.90 Bn - 11.67 Bn
4 Mitsubishi Ufj Financial 296.69 Bn -87.63 Bn 10.89 Bn 17.50 Bn
5 Royal Bank Of Canada 291.49 Bn 64.61 Bn - 7.02 Bn
6 Wells Fargo & Company 272.88 Bn 68.91 Bn - 13.66 Bn
7 American Express 218.59 Bn 169.28 Bn 17.99 Bn 14.48 Bn
8 Banco Santander 214.76 Bn 222.37 Bn 28.01 Bn -7.44 Bn
9 Toronto Dominion Bank 205.88 Bn 44.55 Bn - 6.08 Bn
10 VersaBank 683.07 Mn 331.60 Mn - 18.05 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 18.05 Mn
Apr 30, 2026 20.77 Mn
Jan 31, 2026 14.80 Mn
Oct 31, 2025 17.21 Mn
Jun 30, 2025 12.64 Mn
Apr 30, 2025 12.93 Mn
Jan 31, 2025 11.06 Mn
Oct 31, 2024 14.18 Mn
Jun 30, 2024 8.91 Mn
Apr 30, 2024 8.99 Mn
Jan 31, 2024 8.89 Mn
Oct 31, 2023 9.18 Mn
Jul 31, 2023 9.65 Mn
Apr 30, 2023 9.41 Mn
Jan 31, 2023 9.15 Mn
Oct 31, 2022 10.37 Mn
Jul 31, 2022 10.28 Mn
Apr 30, 2022 9.29 Mn
Jan 31, 2022 8.40 Mn
Oct 31, 2021 8.25 Mn