Mechanics Bancorp (MCHB) Non Operating Interest Expenses (2011 - 2024)

Mechanics Bancorp (MCHB) has reported Non Operating Interest Expenses for 14 consecutive years, with $70.4 million the latest figure, recorded in Q1 2024.

• On a quarterly basis, Non Operating Interest Expenses rose 47.65% year-over-year to $70.4 million in Q1 2024; TTM through Mar 2024 was $255.7 million, a 123.96% increase from a year earlier, with the FY2025 full-year figure at $6.3 million, changed N/A from the prior year.
• Non Operating Interest Expenses was $70.4 million for Q1 2024 at Mechanics Bancorp, up from $66.3 million in the prior quarter.
• Over five years, Non Operating Interest Expenses peaked at $70.4 million in Q1 2024 and troughed at $3.9 million in Q4 2021.
• A 5-year average of $25.6 million and a median of $10.3 million in 2020 frame the typical range for Non Operating Interest Expenses.
• Across the five-year window, Non Operating Interest Expenses plunged 71.75% in 2021 and jumped 963.7% in 2023, its largest moves.
• Over 5 years, Non Operating Interest Expenses stood at $6.7 million in 2020, then tumbled by 41.81% to $3.9 million in 2021, then surged by 890.45% to $38.5 million in 2022, then jumped by 72.28% to $66.3 million in 2023, then grew by 6.18% to $70.4 million in 2024.
• The last three Non Operating Interest Expenses figures came in at $70.4 million (Q1 2024), $66.3 million (Q4 2023), and $61.8 million (Q3 2023), per Business Quant data.