VersaBank (VBNK) Operating Expenses (2021 - 2026)
VersaBank's Operating Expenses was $18.05 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 14.5% from $15.76 million a year earlier but down 13.1% from the prior quarter.
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Analysis
VersaBank (VBNK) Operating Expenses (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, VersaBank's Operating Expenses was $70.83 million through Jul 31, 2026, up 31.4% year-over-year; for FY2025 (ended Oct 31, 2025), it was $58.89 million, up 30.7% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of 23.3% (FY2020 to FY2025).
- In earlier fiscal years, Operating Expenses was $45.04 million in FY2024 (+20.5%), $37.37 million in FY2023 (-2.7%), $38.4 million in FY2022 (+37.9%) and $27.84 million in FY2021 (+34.7%).
- Quarterly Operating Expenses has moved between $8.25 million (fiscal Q4 2021) and $20.77 million (fiscal Q2 2026) over five years.
- Compared with a year earlier, Operating Expenses has increased for nine straight quarters, with growth averaging 39.1% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was fiscal Q2 2026 (growth of 60.6%); the worst was fiscal Q4 2023 (a decline of 11.5%).
- Per Business Quant data, VBNK's Operating Expenses in the three fiscal quarters before Q3 2026 was $20.77 million (Q2 2026), $14.8 million (Q1 2026) and $17.21 million (Q4 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 18.05 Mn |
| Apr 30, 2026 | 20.77 Mn |
| Jan 31, 2026 | 14.80 Mn |
| Oct 31, 2025 | 17.21 Mn |
| Jul 31, 2025 | 15.76 Mn |
| Apr 30, 2025 | 12.93 Mn |
| Jan 31, 2025 | 11.06 Mn |
| Oct 31, 2024 | 14.18 Mn |
| Jul 31, 2024 | 9.88 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 |
API Access
VersaBank Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=VBNK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "VBNK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=VBNK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();