Mechanics Bancorp (MCHB) Tax Provisions (2011 - 2026)

Mechanics Bancorp (MCHB) reported Tax Provisions of $17.8 million for Q1 2026, up 0.66% year-over-year from $17.7 million in Q1 2025, and down 40.03% on a QoQ basis from $29.6 million in Q4 2025.

Mechanics Bancorp (MCHB) has 16 years of Tax Provisions data on file, last reported at $17.8 million in Q1 2026.

  • Quarterly Tax Provisions rose 0.66% year-over-year to $17.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $37.0 million (down 21.22% YoY) and the FY2025 annual result came in at $53.8 million, up 703.39% from the prior year.
  • Tax Provisions declined to $17.8 million in Q1 2026 per MCHB's latest filing, from $29.6 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $29.6 million in Q4 2025 and bottomed at -$10.1 million in Q3 2025.
  • The 5-year median for Tax Provisions is $2.6 million (2022), against an average of $5.5 million.
  • Peak annual rise in Tax Provisions reached 2723.48% in 2024, while the deepest fall reached 315.03% in 2024.
  • Tracing MCHB's Tax Provisions over 5 years: stood at $2.6 million in 2022, then slumped by 122.38% to -$592000.0 in 2023, then surged by 2723.48% to $15.5 million in 2024, then surged by 90.91% to $29.6 million in 2025, then tumbled by 40.03% to $17.8 million in 2026.
  • Per Business Quant, the three latest MCHB Tax Provisions figures stand at $17.8 million (Q1 2026), $29.6 million (Q4 2025), and -$10.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Bank Of Chile 92,149.88 Bn 92,149.88 Bn - -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 435.03 Bn 435.03 Bn - -
4 First Capital 206.20 Bn 206.05 Bn - 1.03 Mn
5 NatWest 175.53 Bn 175.53 Bn - -
6 Landmark Bancorp 172.89 Bn 172.85 Bn - 1.25 Mn
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - 736.40 Mn
8 KB Financial 145.10 Bn 137.23 Bn - 428,992.73
9 Pnc Financial Services 89.55 Bn 89.60 Bn - 415.00 Mn
10 Mechanics Bancorp 3.27 Bn 2.79 Bn 9.51 Mn 17.78 Mn

Historic Data

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DateValue
Mar 31, 2026 17.78 Mn
Dec 31, 2025 29.65 Mn
Sep 30, 2025 -10.06 Mn
Jun 30, 2025 -369,000.00
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
Jun 30, 2021 8.22 Mn
Mar 31, 2021 7.08 Mn
Dec 31, 2020 7.66 Mn
Sep 30, 2020 7.43 Mn
Jun 30, 2020 5.07 Mn
Mar 31, 2020 1.74 Mn
Dec 31, 2019 3.12 Mn
Sep 30, 2019 2.33 Mn
Jun 30, 2019 1.29 Mn
Mar 31, 2019 1.25 Mn
Dec 31, 2018 -1.31 Mn
Sep 30, 2018 1.76 Mn
Jun 30, 2018 1.02 Mn
Mar 31, 2018 569,000.00
Dec 31, 2017 -17.87 Mn
Sep 30, 2017 5.94 Mn
Jun 30, 2017 4.92 Mn
Mar 31, 2017 4.26 Mn
Dec 31, 2016 1.11 Mn
Sep 30, 2016 15.20 Mn
Jun 30, 2016 13.08 Mn
Mar 31, 2016 3.24 Mn
Dec 31, 2015 1.85 Mn
Sep 30, 2015 4.42 Mn
Jun 30, 2015 6.01 Mn
Mar 31, 2015 3.32 Mn
Dec 31, 2014 4.08 Mn
Sep 30, 2014 1.99 Mn
Jun 30, 2014 4.46 Mn
Mar 31, 2014 527,000.00
Dec 31, 2013 -553,000.00
Sep 30, 2013 308,000.00
Jun 30, 2013 5.79 Mn
Mar 31, 2013 5.44 Mn
Dec 31, 2012 7.06 Mn
Sep 30, 2012 12.19 Mn
Jun 30, 2012 4.02 Mn
Mar 31, 2012 -1.72 Mn
Dec 31, 2011 -602,000.00
Sep 30, 2011 362,000.00
Jun 30, 2011 -17,000.00
Mar 31, 2011 43,000.00