VersaBank (VBNK) Tax Rate (2021 - 2026)
VersaBank (VBNK) posted quarterly Tax Rate of 27.5% for Q1 2026, up 84.0% year-over-year from 14.95% in Q1 2025, and down 4.87% quarter-over-quarter from 28.91% in Q4 2025.
VersaBank (VBNK) Tax Rate (2021 - 2026) Analysis & Trends
VersaBank's Tax Rate history runs 6 years deep, the most recent figure standing at 27.5% for Q1 2026.
- In Q1 2026, Tax Rate rose 84.0% year-over-year to 27.5%; the TTM figure through Jan 2026 stood at 27.62% (down 49.0% YoY), while the FY2025 annual figure 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 24.8% in Q3 2025.
- The 5-year median for Tax Rate is 27.31% (2025), against an average of 27.76%.
- The sharpest annual moves came in 2022 and 2023: Tax Rate soared 804 bps in 2022, then sank 919 bps in 2023.
- VersaBank's Tax Rate stood at 35.42% in 2022, then slipped by 26 bps to 26.23% in 2023, then gained by 21 bps to 31.7% in 2024, then slipped by 9 bps to 28.91% in 2025, then decreased by 5 bps to 27.5% in 2026.
- Business Quant data shows VBNK's Tax Rate at 27.5% in Q1 2026, 28.91% in Q4 2025, and 24.8% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 20.53% |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 19.74% |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -30.86% |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -26.78% |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 28.68% |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -14.17% |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 14.44% |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 22.68% |
| 10 | VersaBank | 622.90 Mn | 622.90 Mn | - | 27.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 27.94% |
| Apr 30, 2026 | 27.94% |
| Apr 30, 2026 | 27.94% |
| Jan 31, 2026 | 27.50% |
| Jan 31, 2026 | 27.50% |
| Jan 31, 2026 | 27.50% |
| Oct 31, 2025 | 28.91% |
| Oct 31, 2025 | 28.91% |
| Oct 31, 2025 | 28.91% |
| Jul 31, 2025 | 24.80% |
| Jul 31, 2025 | 24.80% |
| Jul 31, 2025 | 24.80% |
| Apr 30, 2025 | 27.31% |
| Apr 30, 2025 | 27.31% |
| Apr 30, 2025 | 27.31% |
| Jan 31, 2025 | 26.67% |
| Jan 31, 2025 | 26.67% |
| Jan 31, 2025 | 26.67% |
| Oct 31, 2024 | 31.70% |
| Oct 31, 2024 | 31.70% |