VersaBank (VBNK) Operating Leases (2020 - 2026)

VersaBank (VBNK) posted quarterly Operating Leases of $2.7 million for Q1 2026, up 36.62% year-on-year from $2.0 million in Q1 2025, and up 42.7% on a QoQ basis from $1.9 million in Q4 2025.

VersaBank (VBNK) Operating Leases (2020 - 2026) Analysis & Trends

VersaBank (VBNK) has reported Operating Leases for 7 consecutive years, with $2.7 million the latest figure, recorded in Q1 2026.

  • Quarterly Operating Leases rose 36.62% year-over-year to $2.7 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $2.7 million (up 36.62% YoY) and the FY2025 annual result came in at $1.9 million, down 14.56% from the prior year.
  • Operating Leases advanced to $2.7 million in Q1 2026 per VBNK's latest filing, from $1.9 million in the prior quarter.
  • Over the last five years, Operating Leases for VBNK reached as high as $3.9 million in Q1 2022 and fell as low as $1.9 million in Q4 2025.
  • A 5-year average of $2.8 million and a median of $2.7 million in 2026 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2025 — Operating Leases declined 24.43% — and 2026, when it soared 36.62%.
  • Year by year, Operating Leases stood at $3.4 million in 2022, then retreated by 17.38% to $2.8 million in 2023, then declined by 20.09% to $2.2 million in 2024, then dropped by 13.46% to $1.9 million in 2025, then surged by 42.7% to $2.7 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $2.7 million, $1.9 million, and $2.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn -
6 Lloyds Banking 358.14 Bn 358.14 Bn -
7 First Capital 200.03 Bn 199.69 Bn -
8 Landmark Bancorp 187.97 Bn 187.94 Bn -
9 Pnc Financial Services 100.96 Bn 101.01 Bn -
10 VersaBank 633.94 Mn 633.94 Mn -

Historic Data

Download Data
DateValue
Jan 31, 2026 2.74 Mn
Oct 31, 2025 1.92 Mn
Jul 31, 2025 2.09 Mn
Apr 30, 2025 2.16 Mn
Jan 31, 2025 2.01 Mn
Oct 31, 2024 2.22 Mn
Jul 31, 2024 2.36 Mn
Apr 30, 2024 2.52 Mn
Jan 31, 2024 2.66 Mn
Oct 31, 2023 2.78 Mn
Jul 31, 2023 2.95 Mn
Apr 30, 2023 3.04 Mn
Jan 31, 2023 3.18 Mn
Oct 31, 2022 3.37 Mn
Jul 31, 2022 3.61 Mn
Apr 30, 2022 3.77 Mn
Jan 31, 2022 3.91 Mn
Oct 31, 2021 4.07 Mn
Apr 30, 2021 4.32 Mn
Jan 31, 2021 4.35 Mn