VersaBank (VBNK) Tax Rate (2021 - 2026)

VersaBank (VBNK) has reported Tax Rate for 6 consecutive years, with 27.5% the latest figure, recorded in Q1 2026.

• Quarterly Tax Rate rose 84.0% year-over-year to 27.5% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 27.62% (down 49.0% YoY) and the FY2025 annual result came in at 27.46%, changed 0.0% from the prior year.
• Tax Rate slipped to 27.5% in Q1 2026 per VBNK's latest filing, from 28.91% in the prior quarter.
• Over the last five years, Tax Rate for VBNK reached as high as 35.42% in Q4 2022 and fell as low as 24.8% in Q3 2025.
• A 5-year average of 27.76% and a median of 27.31% in 2025 frame the typical range for Tax Rate.
• Annual changes were most pronounced in 2022 — Tax Rate surged 804 bps — and 2023, when it sank 919 bps.
• Year by year, Tax Rate stood at 35.42% in 2022, then fell by 26 bps to 26.23% in 2023, then grew by 21 bps to 31.7% in 2024, then fell by 9 bps to 28.91% in 2025, then declined by 5 bps to 27.5% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 27.5%, 28.91%, and 24.8% for Q1 2026, Q4 2025, and Q3 2025 respectively.