Mechanics Bancorp (MCHB) Interest Expense - Others (2010 - 2020)
Mechanics Bancorp (MCHB) recorded Interest Expense - Others of $1.31 million in Q1 2020, down 71.8% from $4.64 million a year earlier but up 132.3% from the prior quarter.
Mechanics Bancorp (MCHB) Interest Expense - Others (2010 - 2020) Analysis & Trends
On a TTM basis, Mechanics Bancorp's Interest Expense - Others came in at $6.01 million as of Mar 31, 2020, down 59.4% year-over-year; for FY2019, it was $9.34 million, down 24.5% from FY2018.
- Annual Interest Expense - Others has a five-year compound annual growth rate of 36.4% (FY2014 to FY2019).
- Across earlier years, Interest Expense - Others came in at $12.37 million in FY2018 (+62.3%), $7.62 million in FY2017 (+26.4%), $6.03 million in FY2016 (+64.4%) and $3.67 million in FY2015 (+85.3%).
- Quarterly Interest Expense - Others has ranged from -$550,000 in Q4 2017 to $4.64 million in Q1 2019 over the past five years.
- On a year-over-year basis, Interest Expense - Others has declined for three consecutive quarters, with an average decline of 12.9% over the last seven quarters.
- Peak year-over-year performance for Interest Expense - Others in the last five years was growth of 131.9% in Q1 2016, against a decline of 86.2% in Q4 2019 at the low end.
- Per Business Quant, the preceding three quarters came in at $564,000 (Q4 2019), $501,000 (Q3 2019) and $3.64 million (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 | 1.31 Mn |
| Dec 31, 2019 | 564,000.00 |
| Sep 30, 2019 | 501,000.00 |
| Jun 30, 2019 | 3.64 Mn |
| Mar 31, 2019 | 4.64 Mn |
| Dec 31, 2018 | 4.09 Mn |
| Sep 30, 2018 | 3.28 Mn |
| Jun 30, 2018 | 2.78 Mn |
| Mar 31, 2018 | 2.23 Mn |
| Dec 31, 2017 | -550,000.00 |
| Sep 30, 2017 | 3.41 Mn |
| Jun 30, 2017 | 2.37 Mn |
| Mar 31, 2017 | 2.40 Mn |
| Dec 31, 2016 | 1.54 Mn |
| Sep 30, 2016 | 4.49 Mn |
| Jun 30, 2016 | 2.88 Mn |
| Mar 31, 2016 | 1.42 Mn |
| Dec 31, 2015 | 1.19 Mn |
| Sep 30, 2015 | 2.48 Mn |
| Jun 30, 2015 | 1.52 Mn |
Mechanics Bancorp Interest Expense - Others 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-others&ticker=MCHB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-others", "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-others&ticker=MCHB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();