Mechanics Bancorp (MCHB) Rent Expense (2011 - 2026)

Mechanics Bancorp (MCHB) has 16 years of Rent Expense data on file, last reported at $12.4 million in Q1 2026.

• Rent Expense for Q1 2026 came in at $12.4 million, up 55.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $38.8 million (up 32.39% YoY), and the FY2025 annual result was $37.8 million, up 17.11% from the prior year.
• Rent Expense grew to $12.4 million in Q1 2026 per MCHB's latest filing, from $12.0 million in the prior quarter.
• Over five years, Rent Expense peaked at $12.4 million in Q1 2026 and troughed at $4.9 million in Q2 2025.
• A 5-year average of $7.1 million and a median of $6.1 million in 2022 frame the typical range for Rent Expense.
• The sharpest annual moves came in 2023 and 2026: Rent Expense declined 12.97% in 2023, then surged 55.91% in 2026.
• A 5-year view of Rent Expense shows it stood at $6.2 million in 2022, then decreased by 12.97% to $5.4 million in 2023, then soared by 51.66% to $8.2 million in 2024, then surged by 45.94% to $12.0 million in 2025, then grew by 3.86% to $12.4 million in 2026.
• Business Quant data shows MCHB's Rent Expense at $12.4 million in Q1 2026, $12.0 million in Q4 2025, and $9.6 million in Q3 2025.