Mechanics Bancorp (MCHB) Tax Rate (2011 - 2026)
Mechanics Bancorp (MCHB) reported Tax Rate of 28.74% for Q1 2026, little changed year-over-year from 28.74% in Q1 2025, and up 49.22% on a QoQ basis from 19.26% in Q4 2025.
Mechanics Bancorp (MCHB) has 16 years of Tax Rate data on file, last reported at 28.74% in Q1 2026.
- Quarterly Tax Rate changed 0.0% year-over-year to 28.74% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 14.45% (down 1222.0% YoY) and the FY2025 annual result came in at 16.84%, down 192.0% from the prior year.
- Tax Rate advanced to 28.74% in Q1 2026 per MCHB's latest filing, from 19.26% in the prior quarter.
- Across five years, Tax Rate topped out at 29.0% in Q1 2024 and bottomed at 64.28% in Q3 2023.
- The 5-year median for Tax Rate is 21.97% (2023), against an average of 13.98%.
- The widest annual swing landed in 2023, when Tax Rate sank 8728 bps; it then jumped 9228 bps in 2024.
- Tracing MCHB's Tax Rate over 5 years: stood at 23.73% in 2022, then plunged by 38 bps to 14.76% in 2023, then jumped by 57 bps to 23.11% in 2024, then declined by 17 bps to 19.26% in 2025, then surged by 49 bps to 28.74% in 2026.
- Per Business Quant, the three latest MCHB Tax Rate figures stand at 28.74% (Q1 2026), 19.26% (Q4 2025), and 22.31% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (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 | - | 19.21 |
| 5 | NatWest | 175.53 Bn | 175.53 Bn | - | - |
| 6 | Landmark Bancorp | 172.89 Bn | 172.85 Bn | - | 19.83 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 28.76 |
| 8 | KB Financial | 145.10 Bn | 137.23 Bn | - | 0.05 |
| 9 | Pnc Financial Services | 89.55 Bn | 89.60 Bn | - | 18.98 |
| 10 | Mechanics Bancorp | 3.27 Bn | 2.79 Bn | 9.51 Mn | 28.74 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.74 |
| Mar 31, 2026 | 28.74 |
| Dec 31, 2025 | 19.26 |
| Dec 31, 2025 | 19.26 |
| Sep 30, 2025 | -22.31 |
| Sep 30, 2025 | -22.31 |
| Jun 30, 2025 | 7.72 |
| Jun 30, 2025 | 7.72 |
| Mar 31, 2025 | 28.74 |
| Mar 31, 2025 | 28.74 |
| Dec 31, 2024 | 23.11 |
| Dec 31, 2024 | 23.11 |
| Sep 30, 2024 | 28.00 |
| Sep 30, 2024 | 28.00 |
| Jun 30, 2024 | 22.05 |
| Jun 30, 2024 | 22.05 |
| Mar 31, 2024 | 29.00 |
| Mar 31, 2024 | 29.00 |
| Dec 31, 2023 | 14.76 |
| Dec 31, 2023 | 14.76 |
| Sep 30, 2023 | -64.28 |
| Sep 30, 2023 | -64.28 |
| Jun 30, 2023 | 14.15 |
| Jun 30, 2023 | 14.15 |
| Mar 31, 2023 | 21.97 |
| Mar 31, 2023 | 21.97 |
| Dec 31, 2022 | 23.73 |
| Dec 31, 2022 | 23.73 |
| Sep 30, 2022 | 23.00 |
| Sep 30, 2022 | 23.00 |
| Jun 30, 2022 | 21.00 |
| Jun 30, 2022 | 21.00 |
| Mar 31, 2022 | 19.00 |
| Mar 31, 2022 | 19.00 |
| Dec 31, 2021 | 22.00 |
| Dec 31, 2021 | 22.00 |
| Sep 30, 2021 | 22.00 |
| Sep 30, 2021 | 22.00 |
| Jun 30, 2021 | 22.00 |
| Jun 30, 2021 | 22.00 |
| Mar 31, 2021 | 19.27 |
| Mar 31, 2021 | 19.27 |
| Dec 31, 2020 | 21.72 |
| Dec 31, 2020 | 21.72 |
| Sep 30, 2020 | 22.00 |
| Sep 30, 2020 | 22.00 |
| Jun 30, 2020 | 21.16 |
| Jun 30, 2020 | 21.16 |
| Mar 31, 2020 | 19.61 |
| Mar 31, 2020 | 19.61 |
| Dec 31, 2019 | 19.24 |
| Dec 31, 2019 | 19.24 |
| Sep 30, 2019 | 14.56 |
| Sep 30, 2019 | 14.56 |
| Jun 30, 2019 | 12.69 |
| Jun 30, 2019 | 12.69 |
| Mar 31, 2019 | 19.75 |
| Mar 31, 2019 | 19.75 |
| Dec 31, 2018 | -12.01 |
| Dec 31, 2018 | -12.01 |
| Sep 30, 2018 | 17.84 |
| Sep 30, 2018 | 17.84 |
| Jun 30, 2018 | 19.57 |
| Jun 30, 2018 | 19.57 |
| Mar 31, 2018 | 24.49 |
| Mar 31, 2018 | 24.49 |
| Dec 31, 2017 | -104.88 |
| Dec 31, 2017 | -104.88 |
| Sep 30, 2017 | 30.02 |
| Sep 30, 2017 | 30.02 |
| Jun 30, 2017 | 30.52 |
| Jun 30, 2017 | 30.52 |
| Mar 31, 2017 | 32.14 |
| Mar 31, 2017 | 32.14 |
| Dec 31, 2016 | 32.65 |
| Dec 31, 2016 | 32.65 |
| Sep 30, 2016 | 35.43 |
| Sep 30, 2016 | 35.43 |
| Jun 30, 2016 | 37.55 |
| Jun 30, 2016 | 37.55 |
| Mar 31, 2016 | 33.58 |
| Mar 31, 2016 | 33.58 |
| Dec 31, 2015 | 17.54 |
| Dec 31, 2015 | 17.54 |
| Sep 30, 2015 | 30.71 |
| Sep 30, 2015 | 30.71 |
| Jun 30, 2015 | 32.67 |
| Jun 30, 2015 | 32.67 |
| Mar 31, 2015 | 24.37 |
| Mar 31, 2015 | 24.37 |
| Dec 31, 2014 | 42.04 |
| Dec 31, 2014 | 42.04 |
| Sep 30, 2014 | 28.55 |
| Sep 30, 2014 | 28.55 |
| Jun 30, 2014 | 32.29 |
| Jun 30, 2014 | 32.29 |
| Mar 31, 2014 | 18.64 |
| Mar 31, 2014 | 18.64 |
| Dec 31, 2013 | 39.11 |
| Dec 31, 2013 | 39.11 |
| Sep 30, 2013 | 15.63 |
| Sep 30, 2013 | 15.63 |
| Jun 30, 2013 | 32.43 |
| Jun 30, 2013 | 32.43 |
| Mar 31, 2013 | 33.21 |
| Mar 31, 2013 | 33.21 |
| Dec 31, 2012 | 24.72 |
| Dec 31, 2012 | 24.72 |
| Sep 30, 2012 | 35.66 |
| Sep 30, 2012 | 35.66 |
| Jun 30, 2012 | 17.70 |
| Jun 30, 2012 | 17.70 |
| Mar 31, 2012 | -9.41 |
| Mar 31, 2012 | -9.41 |
| Dec 31, 2011 | -9.37 |
| Dec 31, 2011 | -9.37 |
| Sep 30, 2011 | 2.32 |
| Sep 30, 2011 | 2.32 |
| Jun 30, 2011 | -1.34 |
| Jun 30, 2011 | -1.34 |
| Mar 31, 2011 | -0.58 |
| Mar 31, 2011 | -0.58 |