Mechanics Bancorp (MCHB) Interest Expense - Deposits (2011 - 2026)
Mechanics Bancorp (MCHB) posted quarterly Interest Expense - Deposits of $58.3 million for Q1 2026, up 29.23% year-over-year from $45.1 million in Q1 2025, and down 15.43% quarter-over-quarter from $69.0 million in Q4 2025.
Mechanics Bancorp (MCHB) Interest Expense - Deposits (2011 - 2026) Analysis & Trends
Mechanics Bancorp (MCHB) has reported Interest Expense - Deposits for 16 consecutive years, with $58.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expense - Deposits rose 29.23% year-over-year to $58.3 million; the TTM figure through Mar 2026 stood at $219.3 million (up 15.74% YoY), while the FY2025 annual figure was $219.6 million, up 16.04% from the prior year.
- Interest Expense - Deposits eased to $58.3 million in Q1 2026 per MCHB's latest filing, from $69.0 million in the prior quarter.
- Across five years, Interest Expense - Deposits topped out at $69.0 million in Q4 2025 and bottomed at $2.3 million in Q1 2022.
- Historically, Interest Expense - Deposits has averaged $36.5 million across 5 years, with a median of $39.3 million in 2023.
- Annual changes were most pronounced in 2022 — Interest Expense - Deposits sank 37.42% — and 2023, when it soared 1185.9%.
- Mechanics Bancorp's Interest Expense - Deposits stood at $18.5 million in 2022, then jumped by 112.35% to $39.3 million in 2023, then grew by 23.1% to $48.4 million in 2024, then soared by 42.5% to $69.0 million in 2025, then retreated by 15.43% to $58.3 million in 2026.
- Business Quant data shows MCHB's Interest Expense - Deposits at $58.3 million in Q1 2026, $69.0 million in Q4 2025, and $57.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 1.68 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 2.33 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 | - | 1.58 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 891.00 Mn |
| 10 | Mechanics Bancorp | 3.59 Bn | 2.99 Bn | - | 56.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 56.54 Mn |
| Mar 31, 2026 | 58.32 Mn |
| Dec 31, 2025 | 68.97 Mn |
| Sep 30, 2025 | 57.50 Mn |
| Jun 30, 2025 | 34.51 Mn |
| Mar 31, 2025 | 45.13 Mn |
| Dec 31, 2024 | 48.40 Mn |
| Sep 30, 2024 | 52.41 Mn |
| Jun 30, 2024 | 43.54 Mn |
| Mar 31, 2024 | 42.61 Mn |
| Dec 31, 2023 | 39.32 Mn |
| Sep 30, 2023 | 33.84 Mn |
| Jun 30, 2023 | 35.39 Mn |
| Mar 31, 2023 | 29.37 Mn |
| Dec 31, 2022 | 18.52 Mn |
| Sep 30, 2022 | 8.32 Mn |
| Jun 30, 2022 | 2.89 Mn |
| Mar 31, 2022 | 2.28 Mn |
| Dec 31, 2021 | 2.48 Mn |
| Sep 30, 2021 | 2.51 Mn |