Mechanics Bancorp (MCHB) Operating Expenses (2011 - 2026)
Mechanics Bancorp (MCHB) posted quarterly Operating Expenses of $130.4 million for Q1 2026, up 52.3% year-over-year from $85.6 million in Q1 2025, and up 0.71% quarter-over-quarter from $129.5 million in Q4 2025.
Mechanics Bancorp (MCHB) Operating Expenses (2011 - 2026) Analysis & Trends
Mechanics Bancorp (MCHB) has reported Operating Expenses for 16 consecutive years, with $130.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 52.3% year-over-year to $130.4 million; the TTM figure through Mar 2026 stood at $471.0 million (up 53.59% YoY), while the FY2025 annual figure was $469.6 million, up 35.77% from the prior year.
- Operating Expenses grew to $130.4 million in Q1 2026 per MCHB's latest filing, from $129.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $163.3 million in Q3 2025 and bottomed at $47.8 million in Q2 2025.
- Historically, Operating Expenses has averaged $75.1 million across 5 years, with a median of $52.5 million in 2023.
- Annual changes were most pronounced in 2024 — Operating Expenses sank 43.9% — and 2025, when it jumped 90.69%.
- Mechanics Bancorp's Operating Expenses stood at $50.4 million in 2022, then fell by 1.8% to $49.5 million in 2023, then surged by 70.57% to $84.4 million in 2024, then soared by 53.36% to $129.5 million in 2025, then gained by 0.71% to $130.4 million in 2026.
- Business Quant data shows MCHB's Operating Expenses at $130.4 million in Q1 2026, $129.5 million in Q4 2025, and $163.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 2.11 Bn |
| 10 | Mechanics Bancorp | 3.63 Bn | 3.03 Bn | - | 124.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 124.47 Mn |
| Mar 31, 2026 | 130.43 Mn |
| Dec 31, 2025 | 129.51 Mn |
| Sep 30, 2025 | 163.33 Mn |
| Jun 30, 2025 | 47.75 Mn |
| Mar 31, 2025 | 85.64 Mn |
| Dec 31, 2024 | 84.45 Mn |
| Sep 30, 2024 | 85.65 Mn |
| Jun 30, 2024 | 50.93 Mn |
| Mar 31, 2024 | 52.16 Mn |
| Dec 31, 2023 | 49.51 Mn |
| Sep 30, 2023 | 49.09 Mn |
| Jun 30, 2023 | 90.78 Mn |
| Mar 31, 2023 | 52.49 Mn |
| Dec 31, 2022 | 50.42 Mn |
| Sep 30, 2022 | 49.89 Mn |
| Jun 30, 2022 | 50.64 Mn |
| Mar 31, 2022 | 54.47 Mn |
| Dec 31, 2021 | 53.97 Mn |
| Sep 30, 2021 | 51.95 Mn |