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| Date | Value |
|---|---|
| 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 |