VersaBank (VBNK) Wages, Salaries and Other (2021 - 2026)
VersaBank (VBNK) recorded Wages, Salaries and Other of $8.67 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 18.0% from $7.35 million a year earlier and up 6.2% from the prior quarter.
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Analysis
VersaBank (VBNK) Wages, Salaries and Other (2021 - 2026) Analysis & Trends
On a TTM basis, VersaBank's Wages, Salaries and Other came in at $31.61 million as of Jul 31, 2026, up 12.2% year-over-year; for FY2025 (ended Oct 31, 2025), it was $27.17 million, up 11.8% from FY2024.
- Annual Wages, Salaries and Other has increased for five straight fiscal years, with a five-year compound annual growth rate of 16.6% (FY2020 to FY2025).
- Across earlier fiscal years, Wages, Salaries and Other came in at $24.3 million in FY2024 (+4.3%), $23.31 million in FY2023 (+11.9%), $20.83 million in FY2022 (+29.4%) and $16.1 million in FY2021 (+27.6%).
- The fiscal Q3 2026 figure is the highest quarterly Wages, Salaries and Other in data going back to fiscal Q1 2021.
- On a year-over-year basis, Wages, Salaries and Other has increased for three consecutive quarters, with growth averaging 23.5% over the last eight quarters.
- Peak year-over-year performance for Wages, Salaries and Other in the last five years was growth of 54.3% in fiscal Q4 2024, against a decline of 21.0% in fiscal Q1 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $8.17 million (Q2 2026), $7.48 million (Q1 2026) and $7.29 million (Q4 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 8.67 Mn |
| Apr 30, 2026 | 8.17 Mn |
| Jan 31, 2026 | 7.48 Mn |
| Oct 31, 2025 | 7.29 Mn |
| Jul 31, 2025 | 7.35 Mn |
| Apr 30, 2025 | 6.43 Mn |
| Jan 31, 2025 | 6.07 Mn |
| Oct 31, 2024 | 8.30 Mn |
| Jul 31, 2024 | 5.48 Mn |
| Apr 30, 2024 | 5.46 Mn |
| Jan 31, 2024 | 4.84 Mn |
| Oct 31, 2023 | 5.38 Mn |
| Jul 31, 2023 | 5.58 Mn |
| Apr 30, 2023 | 6.23 Mn |
| Jan 31, 2023 | 6.12 Mn |
| Oct 31, 2022 | 5.44 Mn |
| Jul 31, 2022 | 5.26 Mn |
| Apr 30, 2022 | 5.31 Mn |
| Jan 31, 2022 | 4.81 Mn |
| Oct 31, 2021 | 4.30 Mn |
API Access
VersaBank Wages, Salaries and Other API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=wages-salaries-and-other&ticker=VBNK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "wages-salaries-and-other", "ticker": "VBNK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=wages-salaries-and-other&ticker=VBNK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();