VersaBank (VBNK) Tax Provisions (2021 - 2026)

VersaBank (VBNK) has reported Tax Provisions for 6 consecutive years, with $3.0 million the latest figure, recorded in Q1 2026.

• Quarterly Tax Provisions rose 45.06% year-over-year to $3.0 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $11.7 million (up 16.9% YoY) and the FY2025 annual result came in at $10.7 million, down 2.81% from the prior year.
• Tax Provisions slipped to $3.0 million in Q1 2026 per VBNK's latest filing, from $4.8 million in the prior quarter.
• Over the last five years, Tax Provisions for VBNK reached as high as $4.8 million in Q4 2025 and fell as low as $1.5 million in Q2 2022.
• A 5-year average of $2.6 million and a median of $2.7 million in 2024 frame the typical range for Tax Provisions.
• Annual changes were most pronounced in 2024 — Tax Provisions slumped 42.71% — and 2025, when it soared 157.95%.
• Year by year, Tax Provisions stood at $2.9 million in 2022, then climbed by 13.07% to $3.3 million in 2023, then plunged by 42.71% to $1.9 million in 2024, then surged by 157.95% to $4.8 million in 2025, then slumped by 37.43% to $3.0 million in 2026.
• According to Business Quant data, Tax Provisions over the past three periods registered $3.0 million, $4.8 million, and $1.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.