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.

• Quarterly Rent Expense rose 55.91% year-over-year to $12.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $38.8 million (up 32.39% YoY) and the FY2025 annual result came in at $37.8 million, up 17.11% from the prior year.
• Rent Expense advanced to $12.4 million in Q1 2026 per MCHB's latest filing, from $12.0 million in the prior quarter.
• Across five years, Rent Expense topped out at $12.4 million in Q1 2026 and bottomed at $4.9 million in Q2 2025.
• The 5-year median for Rent Expense is $6.1 million (2022), against an average of $7.1 million.
• The widest annual swing landed in 2023, when Rent Expense slipped 12.97%; it then soared 55.91% in 2026.
• Tracing MCHB's Rent Expense over 5 years: stood at $6.2 million in 2022, then fell by 12.97% to $5.4 million in 2023, then jumped by 51.66% to $8.2 million in 2024, then soared by 45.94% to $12.0 million in 2025, then advanced by 3.86% to $12.4 million in 2026.
• Per Business Quant, the three latest MCHB Rent Expense figures stand at $12.4 million (Q1 2026), $12.0 million (Q4 2025), and $9.6 million (Q3 2025).

Peer Comparison