Mechanics Bancorp (MCHB) Deferred Taxes (2011 - 2026)
Mechanics Bancorp (MCHB) posted quarterly Deferred Taxes of $8.7 million for Q1 2026, up 15.06% year-over-year from $7.5 million in Q1 2025, and down 41.62% quarter-over-quarter from $14.9 million in Q4 2025.
Mechanics Bancorp (MCHB) Deferred Taxes (2011 - 2026) Analysis & Trends
Mechanics Bancorp (MCHB) has reported Deferred Taxes for 16 consecutive years, with $8.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Deferred Taxes rose 15.06% year-over-year to $8.7 million; the TTM figure through Mar 2026 stood at $12.1 million (down 22.03% YoY), while the FY2025 annual figure was $11.0 million, up 19.3% from the prior year.
- Deferred Taxes slipped to $8.7 million in Q1 2026 per MCHB's latest filing, from $14.9 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $21.3 million in Q4 2023 and bottomed at -$6.9 million in Q3 2023.
- Historically, Deferred Taxes has averaged $3.0 million across 5 years, with a median of $1.2 million in 2024.
- On a YoY basis, Deferred Taxes climbed as much as 8001.6% in 2025 and fell as far as 357.4% in 2025.
- Mechanics Bancorp's Deferred Taxes stood at $8.7 million in 2022, then jumped by 144.86% to $21.3 million in 2023, then plunged by 100.88% to -$188000.0 in 2024, then soared by 8001.6% to $14.9 million in 2025, then plunged by 41.62% to $8.7 million in 2026.
- Business Quant data shows MCHB's Deferred Taxes at $8.7 million in Q1 2026, $14.9 million in Q4 2025, and -$4.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.97 Bn | 84.77 Bn | - | - |
| 2 | Pnc Financial Services | 97.74 Bn | 97.74 Bn | - | 254.00 Mn |
| 3 | Us Bancorp | 95.92 Bn | 95.92 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.90 Bn | -144.19 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.18 Bn | -81.14 Bn | - | - |
| 7 | Nu Holdings | 71.38 Bn | 57.70 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.54 Bn | 61.54 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.65 Bn | 25.93 Bn | - | - |
| 10 | Mechanics Bancorp | 3.59 Bn | 2.99 Bn | - | -30.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -30.24 Mn |
| Mar 31, 2026 | 8.67 Mn |
| Dec 31, 2025 | 14.86 Mn |
| Sep 30, 2025 | -4.52 Mn |
| Jun 30, 2025 | -6.86 Mn |
| Mar 31, 2025 | 7.54 Mn |
| Dec 31, 2024 | -188,000.00 |
| Sep 30, 2024 | 1.76 Mn |
| Jun 30, 2024 | 6.47 Mn |
| Mar 31, 2024 | 1.19 Mn |
| Dec 31, 2023 | 21.28 Mn |
| Sep 30, 2023 | -6.89 Mn |
| Jun 30, 2023 | -4.65 Mn |
| Mar 31, 2023 | -614,000.00 |
| Dec 31, 2022 | 8.69 Mn |
| Sep 30, 2022 | 11.30 Mn |
| Jun 30, 2022 | -1.63 Mn |
| Mar 31, 2022 | -5.36 Mn |
| Dec 31, 2021 | 3.06 Mn |
| Sep 30, 2021 | -2.42 Mn |