Mechanics Bancorp (MCHB) Interest Expense - Fed Funds (2010 - 2020)
Mechanics Bancorp (MCHB) posted quarterly Interest Expense - Fed Funds of $458000.0 for Q1 2020, up 50.66% year-over-year from $304000.0 in Q2 2019, and up 101.76% quarter-over-quarter from $227000.0 in Q4 2019.
Mechanics Bancorp (MCHB) Interest Expense - Fed Funds (2010 - 2020) Analysis & Trends
Mechanics Bancorp (MCHB) has reported Interest Expense - Fed Funds for 10 consecutive years, with $458000.0 the latest figure, recorded in Q1 2020.
- In Q1 2020, Interest Expense - Fed Funds rose 50.66% year-over-year to $458000.0; the TTM figure through Mar 2020 stood at $1.2 million (up 108.25% YoY), while the FY2019 annual figure was $1.0 million, up 246.64% from the prior year.
- Interest Expense - Fed Funds climbed to $458000.0 in Q1 2020 per MCHB's latest filing, from $227000.0 in the prior quarter.
- Across five years, Interest Expense - Fed Funds topped out at $463000.0 in Q2 2019 and bottomed at $2000.0 in Q3 2016.
- Historically, Interest Expense - Fed Funds has averaged $149833.3 across 5 years, with a median of $61000.0 in 2018.
- On a YoY basis, Interest Expense - Fed Funds climbed as much as 1829.17% in 2019 and fell as far as 53.01% in 2019.
- Mechanics Bancorp's Interest Expense - Fed Funds stood at $2000.0 in 2016, then soared by 150.0% to $5000.0 in 2017, then soared by 3080.0% to $159000.0 in 2018, then soared by 42.77% to $227000.0 in 2019, then jumped by 101.76% to $458000.0 in 2020.
- Business Quant data shows MCHB's Interest Expense - Fed Funds at $458000.0 in Q1 2020, $227000.0 in Q4 2019, and $39000.0 in Q3 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 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 | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | Mechanics Bancorp | 3.59 Bn | 2.99 Bn | - |
Historic Data
Download 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 |
| Jun 30, 2015 | 8,000.00 |
| Mar 31, 2015 | 5,000.00 |
| Dec 31, 2014 | 15,000.00 |
| Sep 30, 2014 | 6,000.00 |
| Jun 30, 2014 | 1,000.00 |
| Jun 30, 2013 | 11,000.00 |
| Dec 31, 2012 | 1,000.00 |
| Sep 30, 2012 | 19,000.00 |