Mechanics Bancorp (MCHB) Interest Expense - Debt (2010 - 2026)
Mechanics Bancorp (MCHB) posted quarterly Interest Expense - Debt of $4.3 million for Q1 2026, down 7.78% quarter-over-quarter from $4.7 million in Q4 2025.
Mechanics Bancorp (MCHB) Interest Expense - Debt (2010 - 2026) Analysis & Trends
Mechanics Bancorp (MCHB) has reported Interest Expense - Debt for 17 consecutive years, with $4.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expense - Debt changed N/A year-over-year to $4.3 million; the TTM figure through Mar 2026 stood at $25.3 million (down 9.71% YoY), while the FY2025 annual figure was $6.3 million, down 76.15% from the prior year.
- Interest Expense - Debt eased to $4.3 million in Q1 2026 per MCHB's latest filing, from $4.7 million in the prior quarter.
- Across five years, Interest Expense - Debt topped out at $28.0 million in Q3 2023 and bottomed at $1000.0 in Q4 2024.
- Historically, Interest Expense - Debt has averaged $13.4 million across 5 years, with a median of $13.4 million in 2022.
- Annual changes were most pronounced in 2024 — Interest Expense - Debt sank 100.0% — and 2025, when it jumped 470500.0%.
- Mechanics Bancorp's Interest Expense - Debt stood at $20.0 million in 2022, then surged by 35.11% to $27.0 million in 2023, then tumbled by 100.0% to $1000.0 in 2024, then surged by 470500.0% to $4.7 million in 2025, then retreated by 7.78% to $4.3 million in 2026.
- Business Quant data shows MCHB's Interest Expense - Debt at $4.3 million in Q1 2026, $4.7 million in Q4 2025, and $1.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 905.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 658.00 Mn |
| 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 | - | 485.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 228.00 Mn |
| 10 | Mechanics Bancorp | 3.59 Bn | 2.99 Bn | - | 3.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.17 Mn |
| Mar 31, 2026 | 4.34 Mn |
| Dec 31, 2025 | 4.71 Mn |
| Sep 30, 2025 | 1.60 Mn |
| Jun 30, 2025 | 14.66 Mn |
| Dec 31, 2024 | 1,000.00 |
| Sep 30, 2024 | 134,000.00 |
| Jun 30, 2024 | 27.89 Mn |
| Mar 31, 2024 | 27.78 Mn |
| Dec 31, 2023 | 26.97 Mn |
| Sep 30, 2023 | 27.95 Mn |
| Jun 30, 2023 | 21.84 Mn |
| Mar 31, 2023 | 18.31 Mn |
| Dec 31, 2022 | 19.96 Mn |
| Sep 30, 2022 | 12.06 Mn |
| Jun 30, 2022 | 4.74 Mn |
| Mar 31, 2022 | 2.20 Mn |
| Dec 31, 2021 | 1.40 Mn |
| Sep 30, 2021 | 1.40 Mn |
| Jun 30, 2021 | 1.50 Mn |