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% quarter-over-quarter from $29.6 million in Q4 2025.
Mechanics Bancorp (MCHB) Tax Provisions (2011 - 2026) Analysis & Trends
Mechanics Bancorp (MCHB) has 16 years of Tax Provisions data on file, last reported at $17.8 million in Q1 2026.
- Tax Provisions for Q1 2026 came in at $17.8 million, up 0.66% year-over-year; the trailing twelve-month figure through Mar 2026 was $37.0 million (down 21.22% YoY), and the FY2025 annual result was $53.8 million, up 703.39% from the prior year.
- Tax Provisions eased to $17.8 million in Q1 2026 per MCHB's latest filing, from $29.6 million in the prior quarter.
- Over five years, Tax Provisions peaked at $29.6 million in Q4 2025 and troughed at -$10.1 million in Q3 2025.
- A 5-year average of $5.5 million and a median of $2.6 million in 2022 frame the typical range for Tax Provisions.
- On a YoY basis, Tax Provisions climbed as much as 2723.48% in 2024 and fell as far as 315.03% in 2024.
- A 5-year view of Tax Provisions shows it stood at $2.6 million in 2022, then plunged by 122.38% to -$592000.0 in 2023, then jumped by 2723.48% to $15.5 million in 2024, then jumped by 90.91% to $29.6 million in 2025, then sank by 40.03% to $17.8 million in 2026.
- Business Quant data shows MCHB's Tax Provisions at $17.8 million in Q1 2026, $29.6 million in Q4 2025, and -$10.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,269.32 Bn | 97,269.32 Bn | - | -78,154.00 |
| 2 | Bank Bradesco | 6,591.89 Bn | 6,575.95 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -633.64 Mn |
| 4 | First Capital | 209.71 Bn | 209.56 Bn | - | 1.03 Mn |
| 5 | Itau Unibanco Holding | 198.08 Bn | 198.08 Bn | - | - |
| 6 | Landmark Bancorp | 177.39 Bn | 177.36 Bn | - | 1.25 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -709.14 Mn |
| 8 | Shinhan Financial | 135.71 Bn | 103.28 Bn | - | 391.52 Mn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Mechanics Bancorp | 3.26 Bn | 2.78 Bn | 9.51 Mn | 17.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |