Mechanics Bancorp (MCHB) Tax Provisions (2011 - 2026)
Mechanics Bancorp's Tax Provisions was $21.56 million in Q2 2026, up 30.2% from $16.56 million a year earlier and up 21.3% from the prior quarter.
Mechanics Bancorp (MCHB) Tax Provisions (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mechanics Bancorp's Tax Provisions was $58.93 million through Jun 30, 2026, down 9.7% year-over-year; for FY2025, it came in at $53.81 million, up 703.4% from FY2024.
- Tax Provisions shows a five-year compound annual growth rate of 19.7% (FY2020 to FY2025).
- In earlier years, Tax Provisions was $6.7 million in FY2024, -$5.25 million in FY2023, $18.12 million in FY2022 (-42.0%) and $31.27 million in FY2021 (+42.7%).
- Quarterly Tax Provisions has moved between -$10.06 million (Q3 2025) and $29.65 million (Q4 2025) over five years.
- Compared with a year earlier, Tax Provisions has increased for three straight quarters.
- The best year-over-year quarter for Tax Provisions over five years was Q4 2025 (growth of 90.9%); the worst was Q1 2023 (a decline of 69.6%).
- Per Business Quant data, MCHB's Tax Provisions in the three quarters before Q2 2026 was $17.78 million (Q1 2026), $29.65 million (Q4 2025) and -$10.06 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 6.36 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -51.13 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 2.49 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 1.70 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 1.24 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 1.17 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 1.94 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 1.40 Bn |
| 10 | Mechanics Bancorp | 3.27 Bn | -433.32 Mn | - | 21.56 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.56 Mn |
| Mar 31, 2026 | 17.78 Mn |
| Dec 31, 2025 | 29.65 Mn |
| Sep 30, 2025 | -10.06 Mn |
| Jun 30, 2025 | 16.56 Mn |
| Mar 31, 2025 | 17.66 Mn |
| Dec 31, 2024 | 15.53 Mn |
| Sep 30, 2024 | 15.54 Mn |
| Jun 30, 2024 | -1.77 Mn |
| Mar 31, 2024 | -3.06 Mn |
| Dec 31, 2023 | -592,000.00 |
| Sep 30, 2023 | -898,000.00 |
| Jun 30, 2023 | -5.18 Mn |
| Mar 31, 2023 | 1.42 Mn |
| Dec 31, 2022 | 2.65 Mn |
| Sep 30, 2022 | 6.08 Mn |
| Jun 30, 2022 | 4.71 Mn |
| Mar 31, 2022 | 4.68 Mn |
| Dec 31, 2021 | 8.30 Mn |
| Sep 30, 2021 | 7.66 Mn |
Mechanics Bancorp Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=MCHB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "MCHB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=MCHB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();