Mechanics Bancorp (MCHB) Research & Development (2011 - 2026)
Mechanics Bancorp (MCHB) reported 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 16 years of Research & Development data on file, last reported at $3.9 million in Q1 2026.
- Research & Development for Q1 2026 came in at $3.9 million, up 186.89% year-over-year; the trailing twelve-month figure through Mar 2026 was $19.5 million (up 45.66% YoY), and the FY2025 annual result was $11.7 million, up 31.91% from the prior year.
- Research & Development slipped to $3.9 million in Q1 2026 per MCHB's latest filing, from $4.9 million in the prior quarter.
- Over five years, Research & Development peaked at $8.1 million in Q4 2022 and troughed at $1.3 million in Q1 2025.
- A 5-year average of $5.9 million and a median of $7.1 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2025 and 2026: Research & Development tumbled 81.61% in 2025, then soared 186.89% in 2026.
- A 5-year view of Research & Development shows it stood at $8.1 million in 2022, then fell by 5.02% to $7.7 million in 2023, then slumped by 71.84% to $2.2 million in 2024, then soared by 125.01% to $4.9 million in 2025, then decreased 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,269.32 Bn | 97,269.32 Bn | - | - |
| 2 | Bank Bradesco | 6,591.89 Bn | 6,575.95 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 209.71 Bn | 209.56 Bn | - | 1.10 Mn |
| 5 | Itau Unibanco Holding | 198.08 Bn | 198.08 Bn | - | - |
| 6 | Landmark Bancorp | 177.39 Bn | 177.36 Bn | - | 554,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 135.71 Bn | 103.28 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Mechanics Bancorp | 3.26 Bn | 2.78 Bn | 9.51 Mn | 3.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 6.95 Mn |