Mechanics Bancorp (MCHB) Tax Rate (2011 - 2026)
Mechanics Bancorp (MCHB) reported Tax Rate of 27.20% for Q2 2026, down 0.84 percentage points from 28.04% a year earlier and down 1.54 percentage points from the prior quarter.
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Analysis
Mechanics Bancorp (MCHB) Tax Rate (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mechanics Bancorp's Tax Rate came in at 17.32%, down 9.53 percentage points year-over-year; for FY2025, it came in at 16.84%, down 1.92 percentage points from FY2024.
- Tax Rate has a five-year change of -4.66 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 18.76% in FY2024 (+2.74 pp), 16.02% in FY2023 (-5.38 pp), 21.40% in FY2022 (+0.09 pp) and 21.32% in FY2021 (-0.18 pp).
- Five-year quarterly Tax Rate spans a low of -64.28% in Q3 2023 and a high of 29.00% in Q1 2024.
- Year over year, Tax Rate gained in three of the last eight quarters, with an average year-over-year change of +6.42 percentage points.
- The high point for year-over-year Tax Rate in five years was Q3 2024 (a gain of 92.28 percentage points); the low point was Q3 2023 (a drop of 87.28 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 28.74% (Q1 2026), 19.26% (Q4 2025) and -22.31% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.20% |
| Mar 31, 2026 | 28.74% |
| Dec 31, 2025 | 19.26% |
| Jun 30, 2025 | 28.04% |
| Mar 31, 2025 | 28.74% |
| Dec 31, 2024 | 23.11% |
| Sep 30, 2024 | 28.00% |
| Mar 31, 2023 | 21.97% |
| Dec 31, 2022 | 23.73% |
| Sep 30, 2022 | 23.00% |
| Jun 30, 2022 | 21.00% |
| Mar 31, 2022 | 19.00% |
| Dec 31, 2021 | 22.00% |
| Sep 30, 2021 | 22.00% |
| Jun 30, 2021 | 22.00% |
| Mar 31, 2021 | 19.27% |
| Dec 31, 2020 | 21.72% |
| Sep 30, 2020 | 22.00% |
| Jun 30, 2020 | 21.16% |
| Mar 31, 2020 | 19.61% |
API Access
Mechanics Bancorp Tax Rate 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-rate&ticker=MCHB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=MCHB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();