Mechanics Bancorp (MCHB) Interest Expense - Debt (2010 - 2026)
Mechanics Bancorp (MCHB) recorded Interest Expense - Debt of $3.17 million in Q2 2026, down 26.9% from the prior quarter.
Mechanics Bancorp (MCHB) Interest Expense - Debt (2010 - 2026) Analysis & Trends
On a TTM basis, Mechanics Bancorp's Interest Expense - Debt came in at $13.82 million as of Jun 30, 2026, up 60.5% year-over-year; for FY2025, it was $6.3 million, down 76.1% from FY2024.
- Annual Interest Expense - Debt has a five-year compound annual growth rate of -8.0% (FY2020 to FY2025).
- Across earlier years, Interest Expense - Debt came in at $26.43 million in FY2024 (-72.2%), $95.07 million in FY2023 (+144.0%), $38.97 million in FY2022 (+568.7%) and $5.83 million in FY2021 (-39.0%).
- Quarterly Interest Expense - Debt has ranged from $1,000 in Q4 2024 to $27.95 million in Q3 2023 over the past five years.
- Peak year-over-year performance for Interest Expense - Debt in the last five years was growth of 763.6% in Q3 2022, against a decline of 100.0% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.34 million (Q1 2026), $4.71 million (Q4 2025) and $1.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 4.47 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 3.10 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 3.41 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 2.62 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 2.39 Bn |
| 10 | Mechanics Bancorp | 3.27 Bn | -433.32 Mn | - | 3.17 Mn |
Historic 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 |
| Dec 31, 2024 | 1,000.00 |
| Sep 30, 2024 | 8.61 Mn |
| 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 |
| Mar 31, 2021 | 1.52 Mn |
Mechanics Bancorp Interest Expense - Debt 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=interest-expense-debt&ticker=MCHB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "MCHB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=MCHB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();