Mechanics Bancorp MCHB
NASDAQ MCHB
$14.78 -0.08 (-0.54%)
At close: Sep 30, 2026 · 4:00 PM EDT

Mechanics Bancorp (MCHB) Operating Expenses (2011 - 2026)

Updated

Mechanics Bancorp (MCHB) recorded Operating Expenses of $124.47 million in Q2 2026, up 36.7% from $91.08 million a year earlier but down 4.6% from the prior quarter.

Analysis

Mechanics Bancorp (MCHB) Operating Expenses (2011 - 2026) Analysis & Trends

On a TTM basis, Mechanics Bancorp's Operating Expenses came in at $547.74 million as of Jun 30, 2026, up 57.9% year-over-year; for FY2025, it was $469.56 million, up 35.8% from FY2024.

  • Annual Operating Expenses has increased for three straight years, with a five-year compound annual growth rate of 14.8% (FY2020 to FY2025).
  • Across earlier years, Operating Expenses came in at $345.86 million in FY2024 (+43.0%), $241.87 million in FY2023 (+17.7%), $205.42 million in FY2022 (-4.6%) and $215.34 million in FY2021 (-8.6%).
  • Quarterly Operating Expenses has ranged from $49.09 million in Q3 2023 to $163.33 million in Q3 2025 over the past five years.
  • On a year-over-year basis, Operating Expenses has increased for eight consecutive quarters, with growth averaging 65.1% over the last eight quarters.
  • Peak year-over-year performance for Operating Expenses in the last five years was growth of 90.7% in Q3 2025, against a decline of 43.9% in Q2 2024 at the low end.
  • Per Business Quant, the preceding three quarters came in at $130.43 million (Q1 2026), $129.51 million (Q4 2025) and $163.33 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Jpmorgan Chase 890.60 Bn 920.07 Bn - 27.32 Bn
2 Banco Santander Chile 421.74 Bn 541.68 Bn - -3,218.32 Bn
3 Bank Of America 385.85 Bn -1,990.22 Bn - 18.63 Bn
4 Hsbc Holdings 345.94 Bn 345.99 Bn - -
5 Morgan Stanley 303.15 Bn -205.95 Bn - 13.90 Bn
6 Royal Bank Of Canada 279.82 Bn 130.57 Bn - 7.02 Bn
7 Mitsubishi Ufj Financial 274.62 Bn -1,313.87 Bn 10.89 Bn 17.50 Bn
8 Goldman Sachs 267.07 Bn -3,290.04 Bn - 11.67 Bn
9 Wells Fargo & Company 243.79 Bn 245.93 Bn - 13.66 Bn
10 Mechanics Bancorp 3.29 Bn -415.61 Mn - 124.47 Mn
Historic Data

Historic Data

Download Data
DateValue
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 91.08 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
API Access

Mechanics Bancorp Operating Expenses 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=operating-expenses&ticker=MCHB&period=max&api_key=YOUR_API_KEY