Mechanics Bancorp (MCHB) Interest Expense - Fed Funds (2010 - 2020)
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.
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 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
| Date | Value |
|---|---|
| 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 |
Mechanics Bancorp Interest Expense - Fed Funds 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-fed-funds&ticker=MCHB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-fed-funds", "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-fed-funds&ticker=MCHB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();