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

Mechanics Bancorp (MCHB) has reported Rent Expense for 16 consecutive years, with $11.9 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Rent Expense rose 42.15% year-over-year to $11.9 million in Q2 2026; TTM through Jun 2026 was $45.8 million, a 40.8% increase from a year earlier, with the FY2025 full-year figure at $37.8 million, up 17.11% from the prior year.
• Rent Expense was $11.9 million for Q2 2026 at Mechanics Bancorp, down from $12.4 million in the prior quarter.
• Over five years, Rent Expense peaked at $12.4 million in Q1 2026 and troughed at $5.1 million in Q2 2024.
• A 5-year average of $7.5 million and a median of $6.3 million in 2022 frame the typical range for Rent Expense.
• Across the five-year window, Rent Expense dropped 12.97% in 2023 and soared 62.51% in 2025, its largest moves.
• Over 5 years, Rent Expense stood at $6.2 million in 2022, then retreated by 12.97% to $5.4 million in 2023, then surged by 51.66% to $8.2 million in 2024, then jumped by 45.94% to $12.0 million in 2025, then slipped by 0.97% to $11.9 million in 2026.
• The last three Rent Expense figures came in at $11.9 million (Q2 2026), $12.4 million (Q1 2026), and $12.0 million (Q4 2025), per Business Quant data.