VersaBank (VBNK) Tax Provisions (2021 - 2026)
VersaBank (VBNK) posted quarterly Tax Provisions of $3.0 million for Q1 2026, up 45.06% year-over-year from $2.1 million in Q1 2025, and down 37.43% quarter-over-quarter from $4.8 million in Q4 2025.
VersaBank (VBNK) Tax Provisions (2021 - 2026) Analysis & Trends
VersaBank's Tax Provisions history runs 6 years deep, the most recent figure standing at $3.0 million for Q1 2026.
- In Q1 2026, Tax Provisions rose 45.06% year-over-year to $3.0 million; the TTM figure through Jan 2026 stood at $11.7 million (up 16.9% YoY), while the FY2025 annual figure was $10.7 million, down 2.81% from the prior year.
- Tax Provisions for Q1 2026 stood at $3.0 million, down from $4.8 million in the prior quarter.
- The five-year high for Tax Provisions was $4.8 million in Q4 2025, with the low at $1.5 million in Q2 2022.
- The 5-year median for Tax Provisions is $2.7 million (2024), against an average of $2.6 million.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions slumped 42.71% in 2024, then jumped 157.95% in 2025.
- VersaBank's Tax Provisions stood at $2.9 million in 2022, then rose by 13.07% to $3.3 million in 2023, then tumbled by 42.71% to $1.9 million in 2024, then surged by 157.95% to $4.8 million in 2025, then sank by 37.43% to $3.0 million in 2026.
- Business Quant data shows VBNK's Tax Provisions at $3.0 million in Q1 2026, $4.8 million in Q4 2025, and $1.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 235.00 Mn |
| 10 | VersaBank | 637.66 Mn | 637.66 Mn | - | 2.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 2.12 Mn |
| Jan 31, 2026 | 3.03 Mn |
| Oct 31, 2025 | 4.84 Mn |
| Jul 31, 2025 | 1.58 Mn |
| Apr 30, 2025 | 2.25 Mn |
| Jan 31, 2025 | 2.09 Mn |
| Oct 31, 2024 | 1.87 Mn |
| Jul 31, 2024 | 2.74 Mn |
| Apr 30, 2024 | 3.30 Mn |
| Jan 31, 2024 | 3.15 Mn |
| Oct 31, 2023 | 3.27 Mn |
| Jul 31, 2023 | 2.85 Mn |
| Apr 30, 2023 | 2.56 Mn |
| Jan 31, 2023 | 2.80 Mn |
| Oct 31, 2022 | 2.89 Mn |
| Jul 31, 2022 | 1.66 Mn |
| Apr 30, 2022 | 1.46 Mn |
| Jan 31, 2022 | 1.63 Mn |
| Oct 31, 2021 | 1.77 Mn |
| Jun 30, 2021 | 1.79 Mn |