Mechanics Bancorp (MCHB) Change in Receivables (2011 - 2020)
Mechanics Bancorp (MCHB) posted quarterly Change in Receivables of $17.1 million for Q1 2020, up 654.89% year-over-year from $2.3 million in Q2 2019, and up 264.16% quarter-over-quarter from -$10.4 million in Q4 2019.
Mechanics Bancorp (MCHB) Change in Receivables (2011 - 2020) Analysis & Trends
Mechanics Bancorp (MCHB) has reported Change in Receivables for 10 consecutive years, with $17.1 million the latest figure, recorded in Q1 2020.
- In Q1 2020, Change in Receivables rose 654.89% year-over-year to $17.1 million; the TTM figure through Mar 2020 stood at $6.0 million (up 424.59% YoY), while the FY2019 annual figure was -$14.2 million, down 276.81% from the prior year.
- Change in Receivables rose to $17.1 million in Q1 2020 per MCHB's latest filing, from -$10.4 million in the prior quarter.
- Across five years, Change in Receivables topped out at $34.2 million in Q2 2016 and bottomed at -$18.9 million in Q3 2017.
- Historically, Change in Receivables has averaged $2.7 million across 5 years, with a median of $3.9 million in 2016.
- Annual changes were most pronounced in 2017 — Change in Receivables tumbled 587.16% — and 2020, when it surged 654.89%.
- Mechanics Bancorp's Change in Receivables stood at $5.1 million in 2016, then slumped by 391.42% to -$14.8 million in 2017, then jumped by 187.89% to $13.0 million in 2018, then slumped by 179.91% to -$10.4 million in 2019, then soared by 264.16% to $17.1 million in 2020.
- Business Quant data shows MCHB's Change in Receivables at $17.1 million in Q1 2020, -$10.4 million in Q4 2019, and $4.1 million in Q3 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (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 |
|---|---|
| Mar 31, 2020 | 17.07 Mn |
| Mar 31, 2020 | 17.07 Mn |
| Dec 31, 2019 | -10.40 Mn |
| Dec 31, 2019 | -10.40 Mn |
| Sep 30, 2019 | 4.12 Mn |
| Sep 30, 2019 | 4.12 Mn |
| Jun 30, 2019 | -4.84 Mn |
| Jun 30, 2019 | -4.84 Mn |
| Mar 31, 2019 | -3.08 Mn |
| Mar 31, 2019 | -3.08 Mn |
| Dec 31, 2018 | 13.02 Mn |
| Dec 31, 2018 | 13.02 Mn |
| Sep 30, 2018 | -1.55 Mn |
| Sep 30, 2018 | -1.55 Mn |
| Jun 30, 2018 | -10.22 Mn |
| Jun 30, 2018 | -10.22 Mn |
| Mar 31, 2018 | 6.79 Mn |
| Mar 31, 2018 | 6.79 Mn |
| Dec 31, 2017 | -14.81 Mn |
| Dec 31, 2017 | -14.81 Mn |