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

Mechanics Bancorp (MCHB) has 16 years of Tax Rate data on file, last reported at 28.74% in Q1 2026.

• Tax Rate for Q1 2026 came in at 28.74%, changed 0.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.45% (down 1222.0% YoY), and the FY2025 annual result was 16.84%, down 192.0% from the prior year.
• Tax Rate grew to 28.74% in Q1 2026 per MCHB's latest filing, from 19.26% in the prior quarter.
• Over five years, Tax Rate peaked at 29.0% in Q1 2024 and troughed at 64.28% in Q3 2023.
• A 5-year average of 13.98% and a median of 21.97% in 2023 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2023 and 2024: Tax Rate tumbled 8728 bps in 2023, then soared 9228 bps in 2024.
• A 5-year view of Tax Rate shows it stood at 23.73% in 2022, then slumped by 38 bps to 14.76% in 2023, then soared by 57 bps to 23.11% in 2024, then retreated by 17 bps to 19.26% in 2025, then jumped by 49 bps to 28.74% in 2026.
• Business Quant data shows MCHB's Tax Rate at 28.74% in Q1 2026, 19.26% in Q4 2025, and 22.31% in Q3 2025.