Mechanics Bancorp (MCHB)
Runs a West Coast community bank centered on deposits, real estate lending, and wealth services.
$15.19
After hours0.00 (0.00%)
At close$15.19(−0.52%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 111 | 112 | 112 | 114 | 207 | 194 | 187 | 98 | 277 | 275 | 246 | 262 |
| Cost of revenue | 61 | 67 | 70 | 71 | 68 | 44 | 41 | 55 | 106 | 50 | 71 | 58 |
| Gross profit | 50 | 46 | 42 | 43 | 140 | 150 | 146 | 43 | 171 | 225 | 175 | 204 |
| 49 | 50 | 52 | 51 | 84 | 83 | 84 | 48 | 126 | 71 | 114 | 131 | |
| 31 | 30 | 32 | 33 | 51 | 50 | 52 | 29 | 58 | 72 | 91 | 94 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 0 | 1 |
| General & administrative | 31 | 30 | 32 | 33 | 50 | 49 | 51 | 29 | 57 | 70 | 91 | 93 |
| Other expenses | 19 | 19 | 20 | 18 | 33 | 33 | 32 | 18 | 68 | −1 | 23 | 37 |
| Operating income | 1 | −4 | −11 | −8 | 55 | 67 | 61 | −5 | 45 | 154 | 62 | 73 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | |
| Interest income | 101 | 101 | 103 | 101 | 192 | 177 | 174 | 83 | 205 | 255 | 242 | 238 |
| Interest expense | 62 | 66 | 70 | 71 | 61 | 48 | 45 | 49 | 59 | 74 | 63 | 61 |
| Income before tax | 1 | −4 | −11 | −8 | 55 | 67 | 61 | −5 | 45 | 154 | 62 | 79 |
| Income tax expense | −1 | −1 | −3 | −2 | 16 | 16 | 18 | 0 | −10 | 30 | 18 | 22 |
| Net income from continuing operations | 2 | −3 | −7 | −6 | 40 | 52 | 44 | −4 | 55 | 124 | 44 | 58 |
| Net income | 2 | −3 | −7 | −6 | 40 | 52 | 44 | −4 | 55 | 124 | 44 | 58 |
| EPS, basic | $0.01 | −$0.02 | −$0.04 | −$0.03 | $0.18 | $0.24 | $0.20 | −$0.02 | $0.26 | $0.54 | $0.20 | $0.25 |
| EPS, diluted | $0.01 | −$0.02 | −$0.04 | −$0.03 | $0.18 | $0.24 | $0.20 | −$0.02 | $0.26 | $0.54 | $0.20 | $0.25 |
| Weighted average shares, basic | 188 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 208 | 232 | 232 | 232 |
| Weighted average shares, diluted | 188 | 19 | 19 | 19 | 202 | 212 | 212 | 208 | 208 | 232 | 232 | 232 |
| EBITDA | 1 | −4 | −9 | −8 | 59 | 72 | 67 | −5 | 45 | 165 | 62 | 73 |
| Depreciation & amortization | 0 | 0 | 2 | 0 | 3 | 5 | 5 | 0 | 0 | 11 | 0 | 0 |
| EBIT | 1 | −4 | −11 | −8 | 55 | 67 | 61 | −5 | 45 | 154 | 62 | 73 |