VersaBank (VBNK) Operating Expenses (2021 - 2026)

VersaBank has reported Operating Expenses for 6 years, with the latest figure at $14.8 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 33.87% year-over-year to $14.8 million; the trailing twelve-month figure through Jan 2026 stood at $57.0 million (up 32.06% YoY), and the FY2025 full-year result was $56.8 million, up 35.72% from the prior year.
• Operating Expenses for Q1 2026 stood at $14.8 million, down from $17.2 million in the prior quarter.
• The five-year high for Operating Expenses was $17.2 million in Q4 2025, with the low at $8.4 million in Q1 2022.
• Average Operating Expenses over 5 years is $10.9 million, with a median of $9.6 million recorded in 2023.
• Year-over-year, Operating Expenses dropped 11.53% in 2023 and soared 54.56% in 2024.
• Tracing VBNK's Operating Expenses over 5 years: 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 declined by 13.97% to $14.8 million in 2026.
• The last three Operating Expenses figures came in at $14.8 million (Q1 2026), $17.2 million (Q4 2025), and $12.6 million (Q2 2025), per Business Quant data.

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