Mechanics Bancorp (MCHB) Research & Development (2011 - 2026)
Mechanics Bancorp (MCHB) posted quarterly Research & Development of $3.9 million for Q1 2026, up 186.89% year-over-year from $1.3 million in Q1 2025, and down 20.57% quarter-over-quarter from $4.9 million in Q4 2025.
Mechanics Bancorp (MCHB) Research & Development (2011 - 2026) Analysis & Trends
Mechanics Bancorp (MCHB) has reported Research & Development for 16 consecutive years, with $3.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 186.89% year-over-year to $3.9 million; the TTM figure through Mar 2026 stood at $19.5 million (up 45.66% YoY), while the FY2025 annual figure was $11.7 million, up 31.91% from the prior year.
- Research & Development fell to $3.9 million in Q1 2026 per MCHB's latest filing, from $4.9 million in the prior quarter.
- Across five years, Research & Development topped out at $8.1 million in Q4 2022 and bottomed at $1.3 million in Q1 2025.
- Historically, Research & Development has averaged $5.9 million across 5 years, with a median of $7.1 million in 2023.
- Annual changes were most pronounced in 2025 — Research & Development tumbled 81.61% — and 2026, when it soared 186.89%.
- Mechanics Bancorp's Research & Development stood at $8.1 million in 2022, then retreated by 5.02% to $7.7 million in 2023, then tumbled by 71.84% to $2.2 million in 2024, then jumped by 125.01% to $4.9 million in 2025, then slipped by 20.57% to $3.9 million in 2026.
- Business Quant data shows MCHB's Research & Development at $3.9 million in Q1 2026, $4.9 million in Q4 2025, and $3.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.86 Bn | 84.67 Bn | - | - |
| 2 | Pnc Financial Services | 97.65 Bn | 97.65 Bn | - | - |
| 3 | Us Bancorp | 95.95 Bn | 95.95 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.72 Bn | -144.37 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.00 Bn | -81.32 Bn | - | - |
| 7 | Nu Holdings | 71.14 Bn | 57.45 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.53 Bn | 61.53 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.60 Bn | 25.88 Bn | - | 250.00 Mn |
| 10 | Mechanics Bancorp | 3.60 Bn | 2.99 Bn | - | 2.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.47 Mn |
| Mar 31, 2026 | 3.87 Mn |
| Dec 31, 2025 | 4.88 Mn |
| Sep 30, 2025 | 3.32 Mn |
| Jun 30, 2025 | 7.44 Mn |
| Mar 31, 2025 | 1.35 Mn |
| Dec 31, 2024 | 2.17 Mn |
| Sep 30, 2024 | 2.29 Mn |
| Jun 30, 2024 | 7.58 Mn |
| Mar 31, 2024 | 7.34 Mn |
| Dec 31, 2023 | 7.69 Mn |
| Sep 30, 2023 | 7.58 Mn |
| Jun 30, 2023 | 7.48 Mn |
| Mar 31, 2023 | 7.15 Mn |
| Dec 31, 2022 | 8.10 Mn |
| Sep 30, 2022 | 7.04 Mn |
| Jun 30, 2022 | 7.78 Mn |
| Mar 31, 2022 | 7.06 Mn |
| Dec 31, 2021 | 7.28 Mn |
| Sep 30, 2021 | 6.90 Mn |