VersaBank (VBNK) Tax Rate (2021 - 2026)

VersaBank's quarterly Tax Rate came in at 27.5% in Q1 2026, up 84.0% year-on-year from 14.95% in Q1 2025, and down 4.87% quarter-over-quarter from 28.91% in Q4 2025.

VersaBank has reported Tax Rate for 6 years, with the latest figure at 27.5% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 84.0% year-over-year to 27.5%; the trailing twelve-month figure through Jan 2026 stood at 28.37% (up 88.0% YoY), and the FY2025 full-year result was 27.46%, changed 0.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 27.5%, down from 28.91% in the prior quarter.
  • The five-year high for Tax Rate was 35.42% in Q4 2022, with the low at 25.1% in Q1 2024.
  • Average Tax Rate over 5 years is 27.94%, with a median of 27.31% recorded in 2025.
  • Year-over-year, Tax Rate soared 804 bps in 2022 and slumped 919 bps in 2023.
  • Tracing VBNK's Tax Rate over 5 years: stood at 35.42% in 2022, then declined by 26 bps to 26.23% in 2023, then climbed by 21 bps to 31.7% in 2024, then declined by 9 bps to 28.91% in 2025, then dropped by 5 bps to 27.5% in 2026.
  • The last three Tax Rate figures came in at 27.5% (Q1 2026), 28.91% (Q4 2025), and 27.31% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - -
3 Lloyds Banking 426.28 Bn 426.28 Bn - -
4 NatWest 184.56 Bn 184.56 Bn - -
5 First Capital 181.18 Bn 181.03 Bn - 19.21
6 Landmark Bancorp 164.67 Bn 164.64 Bn - 19.83
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - 28.76
8 KB Financial 150.02 Bn 142.15 Bn - 0.05
9 Pnc Financial Services 88.79 Bn 88.84 Bn - 18.98
10 VersaBank 4.19 Bn 4.19 Bn - 27.50

Historic Data

Download Data 🔒
DateValue
Jan 31, 2026 27.50
Jan 31, 2026 27.50
Oct 31, 2025 28.91
Oct 31, 2025 28.91
Apr 30, 2025 27.31
Apr 30, 2025 27.31
Jan 31, 2025 26.67
Jan 31, 2025 26.67
Oct 31, 2024 31.70
Oct 31, 2024 31.70
Apr 30, 2024 27.44
Apr 30, 2024 27.44
Jan 31, 2024 25.10
Jan 31, 2024 25.10
Oct 31, 2023 26.23
Oct 31, 2023 26.23
Jul 31, 2023 27.56
Jul 31, 2023 27.56
Apr 30, 2023 25.21
Apr 30, 2023 25.21
Jan 31, 2023 28.65
Jan 31, 2023 28.65
Oct 31, 2022 35.42
Oct 31, 2022 35.42
Jul 31, 2022 27.20
Jul 31, 2022 27.20
Apr 30, 2022 27.20
Apr 30, 2022 27.20
Jan 31, 2022 27.03
Jan 31, 2022 27.03
Oct 31, 2021 27.38
Oct 31, 2021 27.38
Jun 30, 2021 27.66
Jun 30, 2021 27.66
Apr 30, 2021 27.66
Apr 30, 2021 27.66
Jan 31, 2021 27.32
Jan 31, 2021 27.32