Mechanics Bancorp (MCHB) Interest Expenses (2011 - 2026)
Mechanics Bancorp (MCHB) posted quarterly Interest Expenses of $64.9 million for Q1 2026, down 39.64% year-over-year from $107.6 million in Q1 2025, and up 150.28% quarter-over-quarter from -$129.2 million in Q4 2025.
Mechanics Bancorp (MCHB) Interest Expenses (2011 - 2026) Analysis & Trends
Mechanics Bancorp (MCHB) has reported Interest Expenses for 16 consecutive years, with $64.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses fell 39.64% year-over-year to $64.9 million; the TTM figure through Mar 2026 stood at $51.8 million (down 51.9% YoY), while the FY2025 annual figure was $226.0 million, up 3.98% from the prior year.
- Interest Expenses improved to $64.9 million in Q1 2026 per MCHB's latest filing, from -$129.2 million in the prior quarter.
- Across five years, Interest Expenses topped out at $168.9 million in Q3 2023 and bottomed at -$155.5 million in Q4 2023.
- Historically, Interest Expenses has averaged $62.1 million across 5 years, with a median of $84.5 million in 2022.
- Annual changes were most pronounced in 2022 — Interest Expenses jumped 3473.82% — and 2023, when it slumped 690.82%.
- Mechanics Bancorp's Interest Expenses stood at -$19.7 million in 2022, then plunged by 690.82% to -$155.5 million in 2023, then jumped by 131.58% to $49.1 million in 2024, then sank by 363.15% to -$129.2 million in 2025, then surged by 150.28% to $64.9 million in 2026.
- Business Quant data shows MCHB's Interest Expenses at $64.9 million in Q1 2026, -$129.2 million in Q4 2025, and $59.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 2.59 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 3.24 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -4.19 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 7.93 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 2.35 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 1.16 Bn |
| 10 | Mechanics Bancorp | 3.59 Bn | 2.99 Bn | - | 60.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 60.77 Mn |
| Jun 30, 2026 | 60.77 Mn |
| Mar 31, 2026 | 64.95 Mn |
| Mar 31, 2026 | 64.95 Mn |
| Dec 31, 2025 | -129.17 Mn |
| Dec 31, 2025 | -129.17 Mn |
| Sep 30, 2025 | 59.22 Mn |
| Sep 30, 2025 | 59.22 Mn |
| Jun 30, 2025 | 56.76 Mn |
| Jun 30, 2025 | 56.76 Mn |
| Mar 31, 2025 | 107.59 Mn |
| Mar 31, 2025 | 107.59 Mn |
| Dec 31, 2024 | 49.09 Mn |
| Dec 31, 2024 | 49.09 Mn |
| Sep 30, 2024 | 91.52 Mn |
| Sep 30, 2024 | 91.52 Mn |
| Jun 30, 2024 | 123.95 Mn |
| Jun 30, 2024 | 123.95 Mn |
| Mar 31, 2024 | 121.56 Mn |
| Mar 31, 2024 | 121.56 Mn |