Mechanics Bancorp MCHB
NASDAQ MCHB
$14.83 +0.05 (+0.34%)
At close: Oct 1, 2026 · 4:00 PM EDT

Mechanics Bancorp (MCHB) Interest Expense - Fed Funds (2010 - 2020)

Updated

Mechanics Bancorp (MCHB) posted Interest Expense - Fed Funds of $458,000 for Q1 2020, up 50.7% from $304,000 a year earlier and up 101.8% from the prior quarter.

Analysis

Mechanics Bancorp (MCHB) Interest Expense - Fed Funds (2010 - 2020) Analysis & Trends

For the trailing twelve months through Mar 31, 2020, Interest Expense - Fed Funds at Mechanics Bancorp was $1.19 million, up 108.2% year-over-year; for FY2019, it came in at $1.03 million, up 246.6% from FY2018.

  • Annual Interest Expense - Fed Funds shows a five-year compound annual growth rate of 115.9% (FY2014 to FY2019).
  • In prior years, Mechanics Bancorp's Interest Expense - Fed Funds was $298,000 in FY2018, $5,000 in FY2017 (+25.0%), $4,000 in FY2016 (-50.0%) and $8,000 in FY2015 (-63.6%).
  • Quarterly Interest Expense - Fed Funds has run from a low of $2,000 in Q3 2016 to a high of $463,000 in Q2 2019 over five years.
  • On a year-over-year basis, Interest Expense - Fed Funds increased in four of the last five quarters, with growth averaging 254.1%.
  • The strongest year-over-year quarter for Interest Expense - Fed Funds in the past five years was Q1 2019, with growth of 850.0%; the weakest was Q3 2016, with a decline of 75.0%.
  • According to Business Quant data, Interest Expense - Fed Funds for the three prior quarters was $227,000 (Q4 2019), $39,000 (Q3 2019) and $463,000 (Q2 2019).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Jpmorgan Chase 879.54 Bn 909.01 Bn -
2 Banco Santander Chile 418.48 Bn 538.42 Bn -
3 Bank Of America 381.92 Bn -1,994.15 Bn -
4 Hsbc Holdings 341.10 Bn 341.15 Bn -
5 Morgan Stanley 295.71 Bn -213.38 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 -
9 Wells Fargo & Company 242.61 Bn 244.75 Bn -
10 Mechanics Bancorp 3.27 Bn -433.32 Mn -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2020 458,000.00
Dec 31, 2019 227,000.00
Sep 30, 2019 39,000.00
Jun 30, 2019 463,000.00
Mar 31, 2019 304,000.00
Dec 31, 2018 159,000.00
Sep 30, 2018 83,000.00
Jun 30, 2018 24,000.00
Mar 31, 2018 32,000.00
Jun 30, 2017 5,000.00
Dec 31, 2016 2,000.00
Sep 30, 2016 2,000.00
Sep 30, 2015 8,000.00
Jun 30, 2015 8,000.00
Mar 31, 2015 5,000.00
Dec 31, 2014 15,000.00
Sep 30, 2014 7,000.00
Jun 30, 2014 1,000.00
Sep 30, 2013 11,000.00
Jun 30, 2013 11,000.00
API Access

Mechanics Bancorp Interest Expense - Fed Funds API

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