VersaBank (VBNK) Rent Expense (2021 - 2026)

VersaBank has reported Rent Expense for 6 years, with the latest figure at $1.7 million in Q3 2026.

• On a quarterly basis, Rent Expense changed N/A year-over-year to $1.7 million in Q3 2026; TTM through Jul 2026 was $5.8 million, a N/A change from a year earlier, with the FY2025 full-year figure at $5.0 million, up 41.02% from the prior year.
• Rent Expense was $1.7 million for Q3 2026 at VersaBank, up from $1.3 million in the prior quarter.
• The five-year high for Rent Expense was $1.7 million in Q3 2026, with the low at $705807.5 in Q1 2023.
• Average Rent Expense over 5 years is $991924.6, with a median of $852898.9 recorded in 2024.
• The sharpest annual moves came in 2023 and 2024: Rent Expense decreased 10.15% in 2023, then surged 59.53% in 2024.
• Over 5 years, Rent Expense stood at $741602.0 in 2022, then retreated by 1.65% to $729381.5 in 2023, then soared by 59.53% to $1.2 million in 2024, then advanced by 21.05% to $1.4 million in 2025, then climbed by 20.82% to $1.7 million in 2026.
• The last three Rent Expense figures came in at $1.7 million (Q3 2026), $1.3 million (Q2 2026), and $1.3 million (Q1 2026), per Business Quant data.