Mechanics Bancorp (MCHB) Change in Intangibles (2014 - 2020)
Mechanics Bancorp (MCHB) posted quarterly Change in Intangibles of -$66000.0 for Q2 2020, down 215.79% year-over-year from $57000.0 in Q3 2019, and down 200.0% quarter-over-quarter from $66000.0 in Q1 2020.
Mechanics Bancorp (MCHB) Change in Intangibles (2014 - 2020) Analysis & Trends
Mechanics Bancorp (MCHB) has reported Change in Intangibles for 5 consecutive years, with -$66000.0 the latest figure, recorded in Q2 2020.
- In Q2 2020, Change in Intangibles fell 215.79% year-over-year to -$66000.0; the TTM figure through Sep 2020 stood at $297000.0 (down 90.13% YoY), while the FY2019 annual figure was $3.3 million, down 95.02% from the prior year.
- Change in Intangibles retreated to -$66000.0 in Q2 2020 per MCHB's latest filing, from $66000.0 in the prior quarter.
- Across five years, Change in Intangibles topped out at $65.3 million in Q2 2018 and bottomed at -$66000.0 in Q2 2020.
- Historically, Change in Intangibles has averaged $7.6 million across 3 years, with a median of $66000.0 in 2020.
- Annual changes were most pronounced in 2019 — Change in Intangibles soared 3261.82% — and 2020, when it tumbled 215.79%.
- Mechanics Bancorp's Change in Intangibles stood at $51000.0 in 2018, then soared by 482.35% to $297000.0 in 2019, then slumped by 122.22% to -$66000.0 in 2020.
- Business Quant data shows MCHB's Change in Intangibles at -$66000.0 in Q2 2020, $66000.0 in Q1 2020, and $297000.0 in Q4 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | Mechanics Bancorp | 3.59 Bn | 2.99 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2020 | -66,000.00 |
| Jun 30, 2020 | -66,000.00 |
| Mar 31, 2020 | 66,000.00 |
| Mar 31, 2020 | 66,000.00 |
| Dec 31, 2019 | 297,000.00 |
| Dec 31, 2019 | 297,000.00 |
| Sep 30, 2019 | 1.85 Mn |
| Sep 30, 2019 | 1.85 Mn |
| Jun 30, 2019 | 57,000.00 |
| Jun 30, 2019 | 57,000.00 |
| Mar 31, 2019 | 1.05 Mn |
| Mar 31, 2019 | 1.05 Mn |
| Dec 31, 2018 | 51,000.00 |
| Dec 31, 2018 | 51,000.00 |
| Sep 30, 2018 | 55,000.00 |
| Sep 30, 2018 | 55,000.00 |
| Jun 30, 2018 | 65.26 Mn |
| Jun 30, 2018 | 65.26 Mn |
| Dec 31, 2015 | 500,000.00 |
| Dec 31, 2015 | 500,000.00 |