VersaBank (VBNK) Operating Expenses (2021 - 2026)
VersaBank (VBNK) posted quarterly Operating Expenses of $14.8 million for Q1 2026, up 33.87% year-over-year from $11.1 million in Q1 2025, and down 13.97% quarter-over-quarter from $17.2 million in Q4 2025.
VersaBank (VBNK) Operating Expenses (2021 - 2026) Analysis & Trends
VersaBank's Operating Expenses history runs 6 years deep, the most recent figure standing at $14.8 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 33.87% year-over-year to $14.8 million; the TTM figure through Jan 2026 stood at $60.1 million (up 36.2% YoY), while the FY2025 annual figure was $56.2 million, up 33.99% 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.
- The 5-year median for Operating Expenses is $9.9 million (2024), against an average of $11.1 million.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses retreated 11.53% in 2023, then surged 59.41% in 2025.
- VersaBank's Operating Expenses stood at $10.4 million in 2022, then decreased by 11.53% to $9.2 million in 2023, then jumped by 54.56% to $14.2 million in 2024, then rose by 21.35% to $17.2 million in 2025, then slipped by 13.97% to $14.8 million in 2026.
- Business Quant data shows VBNK's Operating Expenses at $14.8 million in Q1 2026, $17.2 million in Q4 2025, and $15.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 2.11 Bn |
| 10 | VersaBank | 622.90 Mn | 622.90 Mn | - | 10.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 10.50 Mn |
| Jan 31, 2026 | 14.80 Mn |
| Oct 31, 2025 | 17.21 Mn |
| Jul 31, 2025 | 15.76 Mn |
| Apr 30, 2025 | 12.31 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 |
| Jun 30, 2021 | 6.79 Mn |