Mechanics Bancorp (MCHB) Financials

$14.85 +0.43 (+3.00%)

Closing price 03:59 PM Eastern

Extended Trading

$14.86 +0.01 (+0.05%)

As of 04:32 PM Eastern

Annual Income Statements for Mechanics Bancorp

This table shows Mechanics Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	41	58	69	40	18	80	115	67	-28	29	266
Consolidated Net Income / (Loss)	41	58	69	40	18	80	115	67	-28	29	266
Net Income / (Loss) Continuing Operations	41	58	43	26	41	80	115	67	-28	29	266
Total Pre-Tax Income	57	91	26	28	49	102	147	85	-33	36	320
Total Revenue	430	539	217	226	264	358	347	285	209	380	809
Net Interest Income / (Expense)	148	180	175	190	189	209	227	233	167	519	586
Total Interest Income	165	210	212	251	278	252	244	304	400	736	812
Loans and Leases Interest Income	153	191	190	228	256	229	222	267	341	529	572
Investment Securities Interest Income	12	18	22	23	21	22	22	34	50	132	179
Other Interest Income	0.90	0.48	0.22	0.47	1.03	1.23	0.57	3.62	8.87	75	60
Total Interest Expense	17	29	38	61	88	43	17	71	233	217	226
Deposits Interest Expense	-	-	24	42	70	34	11	32	138	189	220
Long-Term Debt Interest Expense	1.10	4.04	6.07	20	18	9.55	5.83	39	95	26	0.12
Federal Funds Purchased and Securities Sold Interest Expense	0.01	0.00	0.01	-	-	-	-	-	-	0.86	6.30
Total Non-Interest Income	281	359	43	37	74	149	120	52	42	-139	223
Service Charges on Deposit Accounts	-	33	3.33	4.82	9.79	9.49	7.23	12	13	0.97	2.90
Other Service Charges	33	14	19	20	21	17	20	21	20	65	65
Net Realized & Unrealized Capital Gains on Investments	248	312	21	12	44	123	92	18	9.35	-207	150
Other Non-Interest Income	-	-	-	-	-	-	-	-	-	2.60	4.85
Provision for Credit Losses	6.10	4.10	0.75	3.00	-0.50	20	-15	-5.20	-0.44	-1.51	20
Total Non-Interest Expense	367	444	191	195	216	236	215	205	242	346	470
Salaries and Employee Benefits	241	303	102	107	124	137	132	116	111	191	219
Net Occupancy & Equipment Expense	54	64	43	54	59	65	52	55	52	65	79
Marketing Expense	-	-	-	-	-	-	-	-	-	3.27	3.13
Property & Liability Insurance Claims	5.38	5.28	4.30	-	-	-	-	-	-	15	9.00
Other Operating Expenses	65	70	40	34	33	34	32	35	39	59	69
Amortization Expense	1.92	2.17	1.71	-	-	-	-	-	-	13	17
Restructuring Charge	-	-	-	-	-	-	-	-	-	0.00	73
Income Tax Expense	16	33	-17	2.03	7.99	22	31	18	-5.25	6.70	54
Basic Earnings per Share	$1.98	$2.36	$2.57	$1.48	$0.66	$3.50	$5.53	$3.51	($1.46)	$0.14	$1.27
Weighted Average Basic Shares Outstanding	20.82M	24.62M	26.86M	26.97M	25.57M	22.87M	20.89M	18.93M	18.78M	201.99M	208.63M
Diluted Earnings per Share	$1.96	$2.34	$2.54	$1.47	$0.65	$3.47	$5.46	$3.49	($1.46)	$0.14	$1.27
Weighted Average Diluted Shares Outstanding	21.06M	24.84M	27.09M	27.17M	25.77M	23.08M	21.14M	19.04M	18.78M	202.05M	208.73M
Weighted Average Basic & Diluted Shares Outstanding	20.90M	24.60M	26.80M	27M	23.69M	21.51M	19.32M	18.76M	18.86M	18.92M	221.39M

This table shows Mechanics Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-31	2.30	-3.42	-7.50	-6.24	40	-123	-4.47	-4.41	55	219
Consolidated Net Income / (Loss)	-31	2.30	-3.42	-7.50	-6.24	40	-123	-4.47	-4.41	55	219
Net Income / (Loss) Continuing Operations	-31	2.30	-3.42	-7.50	-6.24	40	-123	-4.47	-4.41	55	219
Total Pre-Tax Income	-37	1.40	-4.01	-11	-8.00	55	-92	-4.75	-4.78	45	284
Total Revenue	54	49	46	42	43	148	-49	45	49	255	459
Net Interest Income / (Expense)	43	39	35	32	30	131	30	33	34	146	373
Total Interest Income	101	101	101	103	101	192	99	86	83	205	438
Loans and Leases Interest Income	86	86	87	86	87	131	86	73	72	142	285
Investment Securities Interest Income	13	12	12	11	10	37	9.07	8.65	8.60	40	122
Other Interest Income	2.02	2.50	2.60	5.57	3.64	24	4.05	3.69	2.64	23	31
Total Interest Expense	57	62	66	70	71	61	69	53	49	59	65
Deposits Interest Expense	35	34	39	43	44	52	44	38	35	57	89
Long-Term Debt Interest Expense	22	28	27	28	28	8.61	25	14	15	0.12	-29
Total Non-Interest Income	10	10	11	9.45	13	17	-78	12	15	110	86
Other Service Charges	4.60	5.00	5.59	4.12	6.78	16	3.87	4.06	4.32	17	40
Net Realized & Unrealized Capital Gains on Investments	2.46	2.37	2.11	2.31	3.04	0.00	-85	3.22	3.24	91	53
Provision for Credit Losses	-0.37	-1.11	0.45	0.00	0.00	6.74	-	1.00	6.00	47	-35
Total Non-Interest Expense	91	49	50	52	51	86	44	49	48	163	209
Salaries and Employee Benefits	28	27	27	28	28	47	25	26	26	54	113
Net Occupancy & Equipment Expense	13	13	13	13	13	16	13	12	12	20	34
Other Operating Expenses	9.88	9.20	9.38	11	11	15	5.53	10	9.43	17	32
Income Tax Expense	-5.18	-0.90	-0.59	-3.06	-1.77	16	31	-0.29	-0.37	-10	65
Basic Earnings per Share	($1.67)	$0.12	($0.18)	($0.40)	($0.33)	$0.20	($6.53)	($0.24)	($0.23)	$0.26	$1.48
Weighted Average Basic Shares Outstanding	18.78M	18.79M	18.78M	18.86M	18.86M	202.00M	18.86M	18.92M	18.92M	208.30M	208.63M
Diluted Earnings per Share	($1.67)	$0.12	($0.18)	($0.40)	($0.33)	$0.20	($6.53)	($0.24)	($0.23)	$0.26	$1.48
Weighted Average Diluted Shares Outstanding	18.78M	18.79M	18.78M	18.86M	18.86M	202.09M	18.86M	18.92M	18.92M	208.37M	208.73M
Weighted Average Basic & Diluted Shares Outstanding	18.79M	18.81M	18.86M	18.86M	18.86M	18.86M	18.92M	18.92M	18.92M	221.21M	221.39M

This table details how cash moves in and out of Mechanics Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	2.18	21	18	-15	-0.71	0.17	7.17	7.61	143	-458	30
Net Cash From Operating Activities	8.31	-45	159	286	259	-26	173	218	8.02	292	194
Net Cash From Continuing Operating Activities	8.31	-45	159	286	259	-26	173	218	8.02	292	194
Net Income / (Loss) Continuing Operations	41	58	69	40	18	80	115	67	-28	29	266
Consolidated Net Income / (Loss)	41	58	69	40	18	80	115	67	-28	29	266
Provision For Loan Losses	6.28	5.87	0.37	3.00	-0.50	20	-15	-5.20	-0.44	-1.56	21
Depreciation Expense	15	16	23	13	11	9.44	9.91	9.71	7.15	9.38	11
Amortization Expense	-	-	-	12	16	15	3.22	7.10	5.33	35	14
Non-Cash Adjustments to Reconcile Net Income	-78	130	360	279	263	-82	56	129	49	219	-101
Changes in Operating Assets and Liabilities, net	24	-254	-292	-61	-48	-69	3.95	11	-25	1.24	-16
Net Cash From Investing Activities	-418	-819	-556	-564	107	-233	-126	-2,654	484	476	1,546
Net Cash From Continuing Investing Activities	-418	-819	-556	-564	107	-233	-126	-2,654	484	476	1,546
Purchase of Property, Leasehold Improvements and Equipment	-21	-25	-42	-9.72	-2.26	-3.30	-2.94	-6.79	-3.81	-6.37	-6.51
Purchase of Investment Securities	-724	-1,354	-1,367	-370	-516	-1,227	-963	-2,886	-263	-1,601	-179
Sale of Property, Leasehold Improvements and Equipment	0.00	1.15	0.00	0.81	0.00	1.46	-	-	-	2.62	0.89
Sale and/or Maturity of Investments	326	559	853	948	1,266	994	840	239	423	2,081	1,730
Net Cash From Financing Activities	412	885	414	263	-367	258	-40	2,443	-349	-1,226	-1,709
Net Cash From Continuing Financing Activities	412	885	414	263	-367	258	-40	2,443	-349	-1,226	-1,709
Net Change in Deposits	112	919	310	290	214	481	348	1,473	-1,065	-356	-660
Repayment of Debt	-10,264	-14,899	-10,861	-32	-58	-8.29	-51	-0.59	-535	-25	-1,000
Payment of Dividends	-	-	-	0.00	0.00	-14	-21	-27	-12	-95	-49
Other Financing Activities, Net	-209	-279	-194	-	-	-	-	-	-	-750	0.00
Cash Interest Paid	17	29	43	68	93	44	17	66	217	217	221
Cash Income Taxes Paid	11	14	-22	-5.79	34	21	34	5.20	-5.29	3.56	31

This table details how cash moves in and out of Mechanics Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Change in Cash & Equivalents	-204	54	-11	105	-102	-282	201	-154	-51	648	-413
Net Cash From Operating Activities	21	29	9.52	-7.85	-22	247	1.12	-23	-9.79	112	114
Net Cash From Continuing Operating Activities	21	29	9.52	-7.85	-22	247	1.12	-23	-9.79	112	114
Net Income / (Loss) Continuing Operations	-31	2.30	-3.42	-7.50	-6.24	-8.93	-123	-4.47	-4.41	150	124
Consolidated Net Income / (Loss)	-31	2.30	-3.42	-7.50	-6.24	-8.93	-123	-4.47	-4.41	150	124
Provision For Loan Losses	-0.37	-1.11	0.45	0.00	-	2.68	0.18	1.00	6.00	36	-22
Depreciation Expense	1.81	1.75	1.71	1.66	1.68	3.72	1.55	1.51	1.49	4.11	3.51
Amortization Expense	1.29	1.18	1.59	1.78	1.67	27	2.10	0.99	1.58	14	-2.62
Non-Cash Adjustments to Reconcile Net Income	57	19	20	-3.27	-5.48	224	111	-12	-15	-84	10
Changes in Operating Assets and Liabilities, net	-7.76	6.49	-11	-0.52	-13	-1.53	9.45	-9.49	0.72	-8.10	0.46
Net Cash From Investing Activities	74	50	92	36	87	433	1,119	191	152	1,253	-50
Net Cash From Continuing Investing Activities	74	50	92	36	87	433	1,119	191	152	1,253	-50
Purchase of Property, Leasehold Improvements and Equipment	-1.18	-0.63	-1.14	-6.06	-0.29	2.44	5.94	-0.05	-0.10	-2.87	-3.49
Purchase of Investment Securities	15	-38	-88	-49	-86	-1,227	36	157	85	-140	-281
Sale and/or Maturity of Investments	81	89	181	91	173	1,655	1,076	34	67	1,395	234
Net Cash From Financing Activities	-298	-26	-112	76	-167	-962	-919	-323	-193	-717	-476
Net Cash From Continuing Financing Activities	-298	-26	-112	76	-167	-962	-919	-323	-193	-717	-476
Net Change in Deposits	-390	75	18	-272	41	42	-23	-323	-233	323	-428
Payment of Dividends	-1.89	-1.89	-1.85	-	-	-	-	-	-	-	-49
Cash Interest Paid	53	54	63	71	81	15	78	54	50	45	72
Cash Income Taxes Paid	0.05	0.04	-5.37	-0.41	-0.26	4.19	-0.00	-4.56	0.05	36	0.14

This table presents Mechanics Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	4,894	6,244	6,742	7,042	6,812	7,237	7,204	9,365	9,392	16,490	22,351
Cash and Due from Banks	33	54	73	58	58	58	65	73	216	1,000	1,030
Trading Account Securities	1,222	1,758	1,515	1,001	1,151	1,438	1,183	1,418	1,298	4,506	5,386
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	5,496	7,385	7,382	-89	-153
Allowance for Loan and Lease Losses	-	-	-	-	-	-	-	-	-	89	153
Premises and Equipment, Net	64	78	105	88	77	65	58	51	54	117	144
Goodwill	12	22	23	23	-	-	-	-	-	843	843
Intangible Assets	-	-	-	-	34	33	32	30	9.64	39	212
Other Assets	3,564	512	520	798	5,492	5,643	370	408	433	10,073	14,890
Total Liabilities & Shareholders' Equity	4,894	6,244	6,742	7,042	6,812	7,237	7,204	9,365	9,392	16,490	22,351
Total Liabilities	4,429	5,614	6,038	6,303	6,133	6,519	6,489	8,803	8,854	14,188	19,489
Non-Interest Bearing Deposits	3,232	4,430	4,761	4,889	5,340	5,822	6,147	7,452	6,763	5,616	6,744
Interest Bearing Deposits	-	-	-	-	-	-	-	-	-	8,326	12,281
Long-Term Debt	1,080	994	1,104	1,058	126	126	126	224	225	0.00	192
Other Long-Term Liabilities	-	-	-	167	2.60	-	-	-	-	246	272
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	465	629	704	740	680	718	715	562	538	2,302	2,862
Total Preferred & Common Equity	465	629	704	740	680	718	715	562	538	2,302	2,862
Total Common Equity	465	629	704	740	680	718	715	562	538	2,302	2,862
Common Stock	223	337	340	343	301	279	250	227	230	2,122	2,402
Retained Earnings	245	303	372	412	375	404	444	435	395	240	457
Accumulated Other Comprehensive Income / (Loss)	-2.45	-10	-7.12	-15	4.32	35	21	-100	-87	-60	3.49

This table presents Mechanics Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025
Total Assets	9,501	9,459	9,455	9,266	9,201	7,804	7,609	22,709
Cash and Due from Banks	173	227	320	219	206	252	201	1,443
Trading Account Securities	1,429	1,329	1,212	1,190	1,197	1,090	1,080	4,959
Loans and Leases, Net of Allowance	7,395	7,401	7,405	7,340	7,295	6,024	5,887	-169
Allowance for Loan and Lease Losses	-	-	-	-	-	-	-	169
Premises and Equipment, Net	55	54	56	50	49	46	44	144
Goodwill	-	-	-	-	-	-	-	843
Intangible Assets	11	10	9.02	8.39	7.77	6.66	6.18	143
Other Assets	438	438	452	458	447	385	391	15,345
Total Liabilities & Shareholders' Equity	9,501	9,459	9,455	9,266	9,201	7,804	7,609	22,709
Total Liabilities	8,974	8,956	8,928	8,746	8,663	7,403	7,206	19,935
Non-Interest Bearing Deposits	6,670	6,746	6,491	6,532	6,435	6,090	5,857	6,748
Interest Bearing Deposits	-	-	-	-	-	-	-	12,704
Long-Term Debt	225	225	225	225	225	225	225	190
Other Long-Term Liabilities	-	-	-	-	-	-	-	292
Total Equity & Noncontrolling Interests	528	502	527	520	538	401	403	2,774
Total Preferred & Common Equity	528	502	527	520	538	401	403	2,774
Total Common Equity	528	502	527	520	538	401	403	2,774
Common Stock	228	229	231	232	233	233	234	2,402
Retained Earnings	400	401	388	382	374	247	242	381
Accumulated Other Comprehensive Income / (Loss)	-101	-127	-91	-93	-69	-79	-73	-8.81

This table displays calculated financial ratios and metrics derived from Mechanics Bancorp's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	22,076,533.00	24,836,124.00	26,888,287.00	26,991,909.00	24,410,586.00	21,787,938.00	20,450,012.00	18,722,640.00	18,810,055.00	-	221,213,650.00
DEI Adjusted Shares Outstanding	22,076,533.00	24,836,124.00	26,888,287.00	26,991,909.00	24,410,586.00	21,787,938.00	20,450,012.00	18,722,640.00	18,810,055.00	-	221,213,650.00
DEI Earnings Per Adjusted Shares Outstanding	1.87	2.34	2.56	1.48	0.72	3.67	5.64	3.55	-1.46	-	1.20
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	51.09%	25.52%	-59.73%	4.31%	16.48%	35.71%	-3.07%	-17.91%	-26.75%	-63.72%	112.77%
EBITDA Growth	41.26%	48.28%	-54.51%	9.77%	41.22%	68.35%	26.48%	-36.51%	-119.99%	-424.25%	329.59%
EBIT Growth	70.81%	59.52%	-71.61%	9.63%	72.39%	109.19%	43.96%	-42.29%	-138.69%	-267.90%	795.17%
NOPAT Growth	85.63%	40.74%	-26.63%	-38.54%	55.28%	96.44%	44.30%	-42.35%	-134.46%	-267.90%	816.37%
Net Income Growth	85.63%	40.74%	18.56%	-41.94%	-56.25%	356.77%	44.30%	-42.35%	-141.34%	-424.73%	816.37%
EPS Growth	31.54%	19.39%	8.55%	-42.13%	-55.78%	433.85%	57.35%	-36.08%	-141.83%	-423.97%	807.14%
Operating Cash Flow Growth	102.38%	-638.97%	455.69%	79.51%	-9.50%	-109.87%	777.37%	26.18%	-96.32%	-672.30%	-33.76%
Free Cash Flow Firm Growth	-234.54%	96.42%	-639.36%	126.16%	1,396.68%	-66.05%	109.61%	-313.71%	14.66%	210.04%	-306.89%
Invested Capital Growth	60.69%	5.02%	11.46%	-0.62%	-28.96%	-8.66%	-24.35%	104.29%	39.14%	-35.33%	32.69%
Revenue Q/Q Growth	6.48%	3.09%	-56.92%	13,795.46%	3.19%	10.01%	-3.96%	-6.66%	-8.51%	-55.51%	318.82%
EBITDA Q/Q Growth	1.12%	-7.33%	-32.93%	186.77%	11.20%	78.58%	1.28%	-21.55%	-305.52%	-483.12%	383.36%
EBIT Q/Q Growth	1.47%	-7.27%	-50.96%	569.51%	12.28%	22.96%	1.72%	-23.90%	-86.12%	-275.87%	362.23%
NOPAT Q/Q Growth	7.99%	-9.89%	17.46%	722.49%	2.25%	22.13%	1.61%	-23.93%	-86.12%	-275.87%	411.52%
Net Income Q/Q Growth	7.99%	-9.89%	89.80%	-32.97%	-19.49%	26.21%	1.61%	-23.93%	-76.47%	-490.70%	313.84%
EPS Q/Q Growth	12.64%	-10.34%	89.55%	-33.48%	-20.73%	31.44%	4.20%	-21.75%	-78.05%	-488.46%	117.33%
Operating Cash Flow Q/Q Growth	103.62%	-174.16%	51.56%	-31.82%	8.08%	-170.52%	-12.28%	9.16%	8.71%	-22.37%	205.44%
Free Cash Flow Firm Q/Q Growth	-0.32%	-145.60%	55.97%	-86.16%	-35.80%	142.46%	-34.94%	39.98%	-173.50%	1,081.96%	-24.75%
Invested Capital Q/Q Growth	-0.18%	3.36%	-6.37%	8.50%	55.29%	-12.74%	5.50%	-23.17%	-3.54%	-39.00%	3.04%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	16.71%	19.74%	22.30%	23.47%	28.45%	35.29%	46.05%	35.62%	-9.72%	-140.47%	42.56%
EBIT Margin	13.25%	16.84%	11.87%	12.47%	18.46%	28.46%	42.27%	29.72%	-15.70%	-159.19%	39.52%
Profit (Net Income) Margin	9.62%	10.78%	31.75%	17.67%	6.64%	22.34%	33.26%	23.36%	-13.18%	-190.67%	32.86%
Tax Burden Percent	72.61%	64.06%	267.50%	141.66%	35.95%	78.50%	78.68%	78.60%	83.98%	119.78%	83.16%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	27.39%	35.94%	-65.55%	7.19%	16.40%	21.50%	21.32%	21.40%	0.00%	0.00%	16.84%
Return on Invested Capital (ROIC)	3.30%	3.67%	2.49%	1.45%	2.65%	6.55%	11.27%	4.96%	-1.06%	-4.08%	9.92%
ROIC Less NNEP Spread (ROIC-NNEP)	3.30%	3.67%	4.99%	2.73%	-0.16%	6.55%	11.27%	4.96%	-1.35%	-7.84%	9.92%
Return on Net Nonoperating Assets (RNNOA)	7.47%	6.95%	7.85%	4.09%	-0.18%	4.90%	4.84%	5.46%	-3.94%	-26.78%	0.37%
Return on Equity (ROE)	10.77%	10.63%	10.34%	5.54%	2.47%	11.45%	16.11%	10.42%	-5.00%	-30.86%	10.29%
Cash Return on Invested Capital (CROIC)	-43.26%	-1.22%	-8.35%	2.08%	36.51%	15.60%	38.99%	-63.59%	-33.80%	38.82%	-18.18%
Operating Return on Assets (OROA)	1.35%	1.63%	0.40%	0.41%	0.70%	1.45%	2.03%	1.02%	-0.35%	-1.38%	1.65%
Return on Assets (ROA)	0.98%	1.04%	1.06%	0.58%	0.25%	1.14%	1.60%	0.80%	-0.29%	-1.65%	1.37%
Return on Common Equity (ROCE)	10.77%	10.63%	10.34%	5.54%	2.47%	11.45%	16.11%	10.42%	-5.00%	-30.86%	10.29%
Return on Equity Simple (ROE_SIMPLE)	8.88%	9.24%	9.79%	5.41%	2.58%	11.14%	16.14%	11.84%	-5.11%	-36.36%	9.28%
Net Operating Profit after Tax (NOPAT)	41	58	43	26	41	80	115	67	-23	-84	266
NOPAT Margin	9.62%	10.78%	19.65%	11.58%	15.43%	22.34%	33.26%	23.36%	-10.99%	-111.43%	32.86%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	-2.51%	-1.28%	2.80%	0.00%	0.00%	0.00%	0.29%	3.76%	0.00%
SG&A Expenses to Revenue	68.57%	68.05%	66.63%	71.06%	69.39%	56.46%	52.95%	59.69%	78.21%	210.05%	37.26%
Operating Expenses to Revenue	85.33%	82.40%	87.78%	86.20%	81.73%	65.82%	62.05%	72.11%	115.91%	259.19%	58.07%
Earnings before Interest and Taxes (EBIT)	57	91	26	28	49	102	147	85	-33	-121	320
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	72	106	48	53	75	126	160	101	-20	-106	344
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.90	1.09	0.96	0.68	1.06	0.91	1.35	0.87	0.36	0.54	1.10
Price to Tangible Book Value (P/TBV)	0.92	1.13	1.00	0.70	1.12	0.96	1.42	0.92	0.37	0.55	1.74
Price to Revenue (P/Rev)	0.97	1.27	3.13	2.21	2.74	1.83	2.79	1.72	0.93	2.84	3.89
Price to Earnings (P/E)	10.12	11.77	9.85	12.48	41.33	8.19	8.40	7.36	0.00	0.00	11.85
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	2.00%	2.11%	5.35%	6.31%	0.00%	1.48%
Earnings Yield	9.89%	8.50%	10.16%	8.01%	2.42%	12.22%	11.91%	13.59%	0.00%	0.00%	8.44%
Enterprise Value to Invested Capital (EV/IC)	0.95	1.00	0.95	0.83	0.99	0.90	1.21	0.92	0.78	0.64	0.76
Enterprise Value to Revenue (EV/Rev)	3.41	3.01	7.88	6.62	4.79	2.92	3.09	5.82	9.33	13.66	2.86
Enterprise Value to EBITDA (EV/EBITDA)	20.41	15.26	35.33	28.22	16.83	8.27	6.70	16.33	0.00	0.00	6.71
Enterprise Value to EBIT (EV/EBIT)	25.75	17.89	66.37	53.08	25.93	10.26	7.30	19.58	0.00	0.00	7.23
Enterprise Value to NOPAT (EV/NOPAT)	35.46	27.93	40.09	57.19	31.02	13.07	9.28	24.91	0.00	0.00	8.70
Enterprise Value to Operating Cash Flow (EV/OCF)	176.31	0.00	10.74	5.24	4.88	0.00	6.19	7.59	242.75	0.00	11.94
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	39.99	2.25	5.49	2.68	0.00	0.00	1.29	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	2.32	1.58	1.57	1.43	0.88	0.63	0.23	2.21	3.66	3.09	0.07
Long-Term Debt to Equity	2.32	1.58	1.57	1.43	0.18	0.18	0.18	0.40	0.42	0.57	0.07
Financial Leverage	2.27	1.89	1.57	1.50	1.17	0.75	0.43	1.10	2.92	3.42	0.04
Leverage Ratio	10.98	10.18	9.74	9.55	9.76	10.05	10.08	12.97	17.04	18.73	7.52
Compound Leverage Factor	10.98	10.18	9.74	9.55	9.76	10.05	10.08	12.97	17.04	18.73	7.52
Debt to Total Capital	69.89%	61.22%	61.06%	58.86%	46.77%	38.46%	18.93%	68.81%	78.53%	75.53%	6.29%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	36.93%	27.68%	4.65%	56.36%	69.57%	61.65%	0.00%
Long-Term Debt to Total Capital	69.89%	61.22%	61.06%	58.86%	9.84%	10.79%	14.28%	12.45%	8.96%	13.88%	6.29%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	30.11%	38.78%	38.94%	41.14%	53.23%	61.54%	81.07%	31.19%	21.47%	24.47%	93.71%
Debt to EBITDA	15.05	9.33	22.81	19.91	7.96	3.55	1.05	12.22	-97.11	-11.52	0.56
Net Debt to EBITDA	14.59	8.83	21.31	18.82	7.19	3.09	0.64	11.51	-86.48	-7.70	-2.43
Long-Term Debt to EBITDA	15.05	9.33	22.81	19.91	1.67	1.00	0.79	2.21	-11.08	-2.12	0.56
Debt to NOPAT	26.14	17.09	25.89	40.35	14.67	5.61	1.45	18.64	-85.90	-14.52	0.72
Net Debt to NOPAT	25.35	16.16	24.18	38.14	13.25	4.88	0.88	17.55	-76.50	-9.70	-3.15
Long-Term Debt to NOPAT	26.14	17.09	25.89	40.35	3.09	1.57	1.09	3.37	-9.80	-2.67	0.72
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-542	-19	-143	38	561	191	399	-854	-729	802	-487
Operating Cash Flow to CapEx	40.42%	-186.22%	376.28%	3,207.84%	11,467.88%	-1,389.83%	5,883.54%	3,217.33%	210.55%	-9,371.63%	3,441.02%
Free Cash Flow to Firm to Interest Expense	-32.33	-0.66	-3.79	0.61	6.36	4.40	23.17	-12.03	-3.13	2.84	-2.15
Operating Cash Flow to Interest Expense	0.50	-1.52	4.22	4.65	2.93	-0.59	10.04	3.08	0.03	-0.16	0.86
Operating Cash Flow Less CapEx to Interest Expense	-0.73	-2.33	3.10	4.51	2.91	-0.63	9.87	2.98	0.02	-0.16	0.83
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.10	0.10	0.03	0.03	0.04	0.05	0.05	0.03	0.02	0.01	0.04
Fixed Asset Turnover	7.88	7.63	2.38	2.35	3.20	5.04	5.63	5.21	3.98	1.50	6.19
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,545	1,623	1,809	1,798	1,277	1,166	882	1,803	2,508	1,622	3,054
Invested Capital Turnover	0.34	0.34	0.13	0.13	0.17	0.29	0.34	0.21	0.10	0.04	0.30
Increase / (Decrease) in Invested Capital	584	78	186	-11	-521	-111	-284	920	706	-886	753
Enterprise Value (EV)	1,465	1,624	1,711	1,500	1,263	1,045	1,071	1,657	1,948	1,034	2,311
Market Capitalization	418	684	679	500	724	655	969	490	194	215	3,149
Book Value per Share	$21.08	$25.34	$26.20	$27.40	$27.85	$32.94	$34.98	$30.03	$28.62	$21.05	$12.94
Tangible Book Value per Share	$20.55	$24.44	$25.36	$26.56	$26.44	$31.43	$33.43	$28.42	$28.11	$20.67	$8.17
Total Capital	1,545	1,623	1,809	1,798	1,277	1,166	882	1,803	2,508	1,622	3,054
Total Debt	1,080	994	1,104	1,058	597	449	167	1,240	1,970	1,225	192
Total Long-Term Debt	1,080	994	1,104	1,058	126	126	126	224	225	225	192
Net Debt	1,047	940	1,032	1,000	539	391	102	1,168	1,754	819	-838
Capital Expenditures (CapEx)	21	24	42	8.92	2.26	1.84	2.94	6.79	3.81	0.49	5.63
Net Nonoperating Expense (NNE)	0.00	0.00	-26	-14	23	0.00	0.00	0.00	4.58	60	0.00
Net Nonoperating Obligations (NNO)	1,080	994	1,104	1,058	597	449	167	1,240	1,970	1,225	192
Total Depreciation and Amortization (D&A)	15	16	23	25	26	24	13	17	12	14	25
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.98	$2.36	$2.57	$1.48	$0.66	$3.50	$5.53	$3.51	($1.46)	($7.65)	$1.27
Adjusted Weighted Average Basic Shares Outstanding	20.82M	24.62M	26.86M	26.97M	25.57M	22.87M	20.89M	18.93M	18.78M	18.86M	208.63M
Adjusted Diluted Earnings per Share	$1.96	$2.34	$2.54	$1.47	$0.65	$3.47	$5.46	$3.49	($1.46)	($7.65)	$1.27
Adjusted Weighted Average Diluted Shares Outstanding	21.06M	24.84M	27.09M	27.17M	25.77M	23.08M	21.14M	19.04M	18.78M	18.86M	208.73M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.66	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	24.55M	26.84M	26.94M	27.03M	23.69M	21.51M	19.32M	18.76M	18.86M	18.92M	221.39M
Normalized Net Operating Profit after Tax (NOPAT)	41	58	18	26	41	80	115	67	4.97	-84	327
Normalized NOPAT Margin	9.62%	10.78%	8.31%	11.58%	15.43%	22.34%	33.26%	23.36%	2.38%	-111.43%	40.41%
Pre Tax Income Margin	13.25%	16.84%	11.87%	12.47%	18.46%	28.46%	42.27%	29.72%	-15.70%	-159.19%	39.52%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.39	3.08	0.68	0.46	0.55	2.35	8.51	1.19	-0.14	-0.43	1.41
NOPAT to Interest Expense	2.46	1.97	1.13	0.43	0.46	1.85	6.70	0.94	-0.10	-0.30	1.18
EBIT Less CapEx to Interest Expense	2.17	2.26	-0.44	0.31	0.53	2.31	8.34	1.10	-0.16	-0.43	1.39
NOPAT Less CapEx to Interest Expense	1.24	1.16	0.01	0.28	0.44	1.80	6.53	0.84	-0.11	-0.30	1.15
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	17.33%	18.49%	40.35%	-44.78%	0.00%	18.27%
Augmented Payout Ratio	0.00%	0.00%	0.07%	0.00%	562.72%	89.85%	91.40%	153.06%	-44.78%	0.00%	18.27%

This table displays calculated financial ratios and metrics derived from Mechanics Bancorp's official financial filings.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
DEI Shares Outstanding	18,774,649.00	18,794,030.00	18,810,055.00	18,857,566.00	18,857,566.00	18,857,565.00	-	18,920,808.00	18,920,808.00	18,920,808.00	221,213,650.00
DEI Adjusted Shares Outstanding	18,774,649.00	18,794,030.00	18,810,055.00	18,857,566.00	18,857,566.00	18,857,565.00	-	18,920,808.00	18,920,808.00	18,920,808.00	221,213,650.00
DEI Earnings Per Adjusted Shares Outstanding	-1.67	0.12	-0.18	-0.40	-0.33	2.12	-	-0.24	-0.23	2.92	0.99
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-26.39%	-35.32%	-29.71%	-30.15%	-20.19%	199.49%	-205.58%	9.02%	14.07%	72.75%	210.78%
EBITDA Growth	-222.43%	-85.86%	-104.92%	-173.97%	86.13%	1,890.21%	-12,287.59%	68.31%	63.10%	-26.60%	4,872.56%
EBIT Growth	-263.27%	-94.72%	-135.99%	-262.90%	78.15%	3,871.37%	-2,205.19%	55.01%	40.26%	-18.71%	23,358.07%
NOPAT Growth	-244.67%	-88.73%	-133.03%	-246.13%	78.15%	1,640.48%	-2,205.19%	55.01%	40.26%	38.10%	25,776.26%
Net Income Growth	-277.43%	-88.73%	-140.22%	-248.22%	80.16%	1,640.48%	-3,507.11%	40.44%	29.27%	38.10%	7,765.77%
EPS Growth	-277.66%	-88.89%	-139.13%	-248.15%	80.24%	66.67%	-3,527.78%	40.00%	30.30%	30.00%	120.90%
Operating Cash Flow Growth	-2.93%	-54.17%	7.25%	84.79%	-205.49%	737.76%	-88.22%	-186.83%	55.00%	-54.66%	52.09%
Free Cash Flow Firm Growth	64.22%	83.10%	22.30%	88.81%	117.98%	92.35%	215.94%	791.04%	995.99%	-1,197.23%	-359.49%
Invested Capital Growth	20.38%	10.83%	39.14%	6.30%	-3.42%	2.28%	-35.33%	-42.87%	-36.59%	11.47%	32.69%
Revenue Q/Q Growth	-9.70%	-8.20%	-6.95%	-9.45%	3.18%	244.47%	-222.26%	193.50%	7.97%	421.64%	79.62%
EBITDA Q/Q Growth	-448.17%	112.91%	-116.56%	-893.44%	34.70%	1,952.42%	-1,446.02%	97.46%	23.97%	3,785.37%	350.46%
EBIT Q/Q Growth	-665.03%	103.81%	-387.12%	-163.25%	24.21%	793.24%	-874.40%	94.86%	-0.63%	1,043.34%	529.66%
NOPAT Q/Q Growth	-606.87%	108.95%	-222.34%	-163.25%	24.21%	813.02%	-874.40%	94.86%	-0.63%	1,748.22%	297.84%
Net Income Q/Q Growth	-721.63%	107.30%	-248.98%	-119.27%	16.79%	740.33%	-1,593.59%	96.38%	1.19%	1,350.25%	297.84%
EPS Q/Q Growth	-718.52%	107.19%	-250.00%	-122.22%	17.50%	160.61%	-1,574.36%	96.32%	4.17%	213.04%	469.23%
Operating Cash Flow Q/Q Growth	139.97%	42.96%	-67.72%	-182.44%	-177.26%	1,235.37%	106.43%	-2,107.31%	56.50%	1,243.84%	1.75%
Free Cash Flow Firm Q/Q Growth	69.07%	48.29%	-181.38%	75.14%	149.71%	-121.99%	1,347.45%	48.17%	-21.16%	-126.03%	-113.45%
Invested Capital Q/Q Growth	1.74%	-4.55%	-3.54%	13.48%	-7.56%	1.08%	-39.00%	0.24%	2.60%	77.68%	3.04%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	-62.33%	8.77%	-1.56%	-17.12%	-10.83%	58.26%	0.00%	-4.98%	-3.50%	24.76%	62.09%
EBIT Margin	-68.09%	2.83%	-8.73%	-25.38%	-18.64%	37.52%	0.00%	-10.47%	-9.76%	17.66%	61.89%
Profit (Net Income) Margin	-58.46%	4.65%	-7.44%	-18.02%	-14.53%	27.01%	0.00%	-9.84%	-9.01%	21.59%	47.83%
Tax Burden Percent	85.85%	164.28%	85.24%	71.00%	77.95%	72.00%	133.38%	93.98%	92.28%	122.31%	77.28%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	-64.28%	0.00%	0.00%	0.00%	28.00%	0.00%	0.00%	0.00%	-22.31%	22.72%
Return on Invested Capital (ROIC)	-4.88%	0.43%	-0.59%	-1.23%	-0.88%	2.86%	0.00%	-0.26%	-0.27%	1.48%	14.44%
ROIC Less NNEP Spread (ROIC-NNEP)	-5.17%	0.43%	-0.63%	-1.23%	-0.91%	2.86%	0.00%	-0.32%	-0.33%	1.48%	14.44%
Return on Net Nonoperating Assets (RNNOA)	-18.11%	1.58%	-1.84%	-4.94%	-3.73%	11.59%	0.00%	-1.24%	-1.22%	1.03%	0.54%
Return on Equity (ROE)	-22.98%	2.01%	-2.43%	-6.17%	-4.60%	14.45%	0.00%	-1.50%	-1.50%	2.52%	14.98%
Cash Return on Invested Capital (CROIC)	-18.40%	-10.77%	-33.80%	-7.37%	2.92%	-1.38%	38.82%	50.98%	41.16%	-13.88%	-18.18%
Operating Return on Assets (OROA)	-1.92%	0.07%	-0.19%	-0.50%	-0.36%	1.12%	0.00%	-0.10%	-0.10%	0.21%	2.58%
Return on Assets (ROA)	-1.65%	0.11%	-0.17%	-0.36%	-0.28%	0.81%	0.00%	-0.09%	-0.09%	0.26%	1.99%
Return on Common Equity (ROCE)	-22.98%	2.01%	-2.43%	-6.17%	-4.60%	14.45%	0.00%	-1.50%	-1.50%	2.52%	14.98%
Return on Equity Simple (ROE_SIMPLE)	0.47%	-3.10%	0.00%	-7.60%	-2.86%	4.23%	0.00%	-35.26%	-34.61%	-4.48%	0.00%
Net Operating Profit after Tax (NOPAT)	-26	2.30	-2.81	-7.39	-5.60	40	-65	-3.33	-3.35	55	219
NOPAT Margin	-47.66%	4.65%	-6.11%	-17.77%	-13.05%	27.01%	0.00%	-7.33%	-6.83%	21.59%	47.83%
Net Nonoperating Expense Percent (NNEP)	0.30%	0.00%	0.04%	0.00%	0.03%	0.00%	3.67%	0.06%	0.06%	0.00%	0.00%
SG&A Expenses to Revenue	76.32%	80.78%	87.35%	98.03%	93.94%	43.39%	0.00%	85.47%	78.26%	29.37%	31.98%
Operating Expenses to Revenue	168.78%	99.42%	107.76%	125.38%	118.64%	57.92%	0.00%	108.27%	97.51%	63.94%	45.63%
Earnings before Interest and Taxes (EBIT)	-37	1.40	-4.01	-11	-8.00	55	-92	-4.75	-4.78	45	284
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-34	4.33	-0.72	-7.12	-4.65	86	-89	-2.26	-1.72	63	285
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.21	0.29	0.36	0.54	0.41	0.00	0.54	0.55	0.61	0.09	1.10
Price to Tangible Book Value (P/TBV)	0.21	0.29	0.37	0.55	0.42	0.00	0.55	0.56	0.62	0.14	1.74
Price to Revenue (P/Rev)	0.43	0.63	0.93	1.49	1.20	0.00	2.84	2.80	2.89	1.30	3.89
Price to Earnings (P/E)	43.66	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	11.85
Dividend Yield	19.91%	11.73%	6.31%	4.32%	5.70%	0.00%	0.00%	0.00%	0.00%	0.00%	1.48%
Earnings Yield	2.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	8.44%
Enterprise Value to Invested Capital (EV/IC)	0.78	0.78	0.78	0.80	0.80	0.00	0.64	0.74	0.79	0.00	0.76
Enterprise Value to Revenue (EV/Rev)	8.36	8.83	9.33	11.97	11.72	0.00	13.66	15.04	15.34	0.00	2.86
Enterprise Value to EBITDA (EV/EBITDA)	100.18	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	6.71
Enterprise Value to EBIT (EV/EBIT)	286.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.23
Enterprise Value to NOPAT (EV/NOPAT)	858.26	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	8.70
Enterprise Value to Operating Cash Flow (EV/OCF)	50.49	273.01	242.75	44.09	224.22	0.00	0.00	0.00	0.00	0.00	11.94
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	26.91	0.00	1.29	1.05	1.48	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	4.16	4.17	3.66	4.40	4.06	3.94	3.09	3.06	3.14	0.07	0.07
Long-Term Debt to Equity	0.43	0.45	0.42	0.43	0.43	0.42	0.57	0.56	0.56	0.07	0.07
Financial Leverage	3.50	3.69	2.92	4.01	4.11	4.05	3.42	3.82	3.66	0.70	0.04
Leverage Ratio	16.32	17.56	17.04	17.52	17.91	17.93	18.73	18.60	18.28	9.63	7.52
Compound Leverage Factor	16.32	17.56	17.04	17.52	17.91	17.93	18.73	18.60	18.28	9.63	7.52
Debt to Total Capital	80.63%	80.67%	78.53%	81.47%	80.23%	79.76%	75.53%	75.35%	75.84%	6.41%	6.29%
Short-Term Debt to Total Capital	72.39%	72.03%	69.57%	73.57%	71.68%	71.30%	61.65%	61.50%	62.34%	0.00%	0.00%
Long-Term Debt to Total Capital	8.24%	8.64%	8.96%	7.90%	8.55%	8.46%	13.88%	13.85%	13.51%	6.41%	6.29%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	19.37%	19.33%	21.47%	18.53%	19.77%	20.24%	24.47%	24.65%	24.16%	93.59%	93.71%
Debt to EBITDA	103.22	-419.37	-97.11	-62.61	-258.63	28.79	-11.52	-12.07	-12.84	-1.57	0.56
Net Debt to EBITDA	95.08	-374.04	-86.48	-53.96	-231.83	26.00	-7.70	-9.59	-10.80	10.31	-2.43
Long-Term Debt to EBITDA	10.55	-44.92	-11.08	-6.07	-27.56	3.05	-2.12	-2.22	-2.29	-1.57	0.56
Debt to NOPAT	884.29	-170.27	-85.90	-66.52	-142.41	93.07	-14.52	-15.26	-16.21	-2.23	0.72
Net Debt to NOPAT	814.61	-151.86	-76.50	-57.33	-127.65	84.03	-9.70	-12.12	-13.64	14.68	-3.15
Long-Term Debt to NOPAT	90.41	-18.24	-9.80	-6.45	-15.18	9.87	-2.67	-2.81	-2.89	-2.23	0.72
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-487	-252	-708	-176	88	-19	821	1,217	959	-250	-533
Operating Cash Flow to CapEx	1,750.42%	4,649.53%	831.82%	-129.50%	-7,526.30%	0.00%	0.00%	-42,456.60%	-10,195.83%	3,895.58%	3,264.27%
Free Cash Flow to Firm to Interest Expense	-8.51	-4.07	-10.69	-2.50	1.23	-0.31	11.82	23.16	19.51	-4.22	-8.19
Operating Cash Flow to Interest Expense	0.36	0.48	0.14	-0.11	-0.30	4.04	0.02	-0.43	-0.20	1.89	1.75
Operating Cash Flow Less CapEx to Interest Expense	0.34	0.47	0.13	-0.20	-0.31	4.08	0.10	-0.43	-0.20	1.84	1.70
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.02	0.02	0.02	0.02	0.03	0.01	0.01	0.01	0.01	0.04
Fixed Asset Turnover	4.69	4.31	3.98	3.42	3.43	5.41	1.50	1.56	1.81	2.00	6.19
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,724	2,600	2,508	2,846	2,631	2,659	1,622	1,626	1,668	2,964	3,054
Invested Capital Turnover	0.10	0.09	0.10	0.07	0.07	0.11	0.04	0.04	0.04	0.07	0.30
Increase / (Decrease) in Invested Capital	461	254	706	169	-93	59	-886	-1,220	-963	305	753
Enterprise Value (EV)	2,132	2,015	1,948	2,282	2,107	0.00	1,034	1,195	1,312	-1,001	2,311
Market Capitalization	108	144	194	284	215	0.00	215	222	247	252	3,149
Book Value per Share	$28.10	$26.74	$28.62	$27.96	$27.58	$28.55	$21.05	$21.18	$21.30	$146.62	$12.94
Tangible Book Value per Share	$27.51	$26.18	$28.11	$27.49	$27.14	$28.13	$20.67	$20.83	$20.97	$94.48	$8.17
Total Capital	2,724	2,600	2,508	2,846	2,631	2,659	1,622	1,626	1,668	2,964	3,054
Total Debt	2,197	2,098	1,970	2,319	2,111	2,121	1,225	1,225	1,265	190	192
Total Long-Term Debt	225	225	225	225	225	225	225	225	225	190	192
Net Debt	2,023	1,871	1,754	1,999	1,892	1,915	819	973	1,064	-1,253	-838
Capital Expenditures (CapEx)	1.18	0.63	1.14	6.06	0.29	-2.44	-5.94	0.05	0.10	2.87	3.49
Net Nonoperating Expense (NNE)	5.80	0.00	0.61	0.11	0.64	0.00	59	1.14	1.07	0.00	0.00
Net Nonoperating Obligations (NNO)	2,197	2,098	1,970	2,319	2,111	2,121	1,225	1,225	1,265	190	192
Total Depreciation and Amortization (D&A)	3.10	2.93	3.29	3.44	3.35	31	3.64	2.49	3.07	18	0.90
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($1.67)	$0.12	($0.18)	($0.40)	($0.33)	($0.39)	($6.53)	($0.24)	($0.23)	$0.26	$1.48
Adjusted Weighted Average Basic Shares Outstanding	18.78M	18.79M	18.78M	18.86M	18.86M	18.86M	18.86M	18.92M	18.92M	208.30M	208.63M
Adjusted Diluted Earnings per Share	($1.67)	$0.12	($0.18)	($0.40)	($0.33)	($0.39)	($6.53)	($0.24)	($0.23)	$0.26	$1.48
Adjusted Weighted Average Diluted Shares Outstanding	18.78M	18.79M	18.78M	18.86M	18.86M	18.86M	18.86M	18.92M	18.92M	208.37M	208.73M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	18.79M	18.81M	18.86M	18.86M	18.86M	18.86M	18.92M	18.92M	18.92M	221.21M	221.39M
Normalized Net Operating Profit after Tax (NOPAT)	2.26	0.98	-2.81	-7.39	-5.60	40	-65	-3.33	-3.35	76	219
Normalized NOPAT Margin	4.21%	1.98%	-6.11%	-17.77%	-13.05%	27.01%	0.00%	-7.33%	-6.83%	29.86%	47.83%
Pre Tax Income Margin	-68.09%	2.83%	-8.73%	-25.38%	-18.64%	37.52%	0.00%	-10.47%	-9.76%	17.66%	61.89%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.64	0.02	-0.06	-0.15	-0.11	0.91	-1.33	-0.09	-0.10	0.76	4.36
NOPAT to Interest Expense	-0.45	0.04	-0.04	-0.11	-0.08	0.65	-0.93	-0.06	-0.07	0.93	3.37
EBIT Less CapEx to Interest Expense	-0.66	0.01	-0.08	-0.24	-0.12	0.95	-1.25	-0.09	-0.10	0.71	4.31
NOPAT Less CapEx to Interest Expense	-0.47	0.03	-0.06	-0.19	-0.08	0.69	-0.85	-0.06	-0.07	0.88	3.32
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	870.33%	-108.26%	-44.78%	0.00%	0.00%	424.95%	0.00%	0.00%	0.00%	76.44%	18.27%
Augmented Payout Ratio	870.33%	-108.26%	-44.78%	0.00%	0.00%	424.95%	0.00%	0.00%	0.00%	76.44%	18.27%

Financials Breakdown Chart

Key Financial Trends

The data provided covers multiple quarters across 2023–2025 for HomeStreet, Inc. (ticker MCHB). Below is a concise, investor‑focused read on notable trends over the last four years, focusing on what may matter most to retail investors. The bullets are organized to highlight positives first, then neutral points, then potential negatives.

Strong Q4 2025 profitability: Net Income / (Loss) Continuing Operations = $219.46 million; Basic and Diluted EPS = $1.48. This marks a very solid quarterly bottom line and per‑share performance.
Revenue surge in Q4 2025: Total Revenue = $458.85 million, up markedly from the prior quarter (Q3 2025: $255.45 million), signaling meaningful top‑line momentum.
Robust quarterly pre‑tax and post‑tax results: Total Pre‑Tax Income = $283.98 million and Net Income after taxes = $219.46 million, implying a tax rate in the 22–23% range for the quarter (roughly $64.5 million in taxes).
Healthy quarterly operating cash flow: Net Cash From Continuing Operating Activities = $113.92 million in Q4 2025, indicating solid cash generation from core operations.
Diversified non‑interest income mix in Q4 2025: Total Non‑Interest Income = $85.89 million with Net Realized & Unrealized Capital Gains on Investments = $53.06 million, highlighting earnings diversification beyond net interest income.
Credit quality signals remain elevated but manageable: Provision for Credit Losses in 2025 quarters remained elevated (Q3: $47.02 million; Q4: $34.50 million), suggesting ongoing credit risk management rather than an acute deterioration.
Balance sheet expansion underway: Total Assets grew from about $7.6B (Q2 2025) to roughly $22.7B (Q3 2025), signaling substantial balance sheet growth and scale, though the pace warrants monitoring.
Liquidity movements observed via deposits: Net Change in Deposits was materially negative in late 2025 (around −$427.6 million), indicating sizable liquidity repositioning that could impact near‑term funding dynamics.
Financing activity shows deleveraging pressure: Net Cash From Financing Activities was negative in Q4 2025 (−$476.17 million), pointing to debt repayments and other financing actions affecting cash flow.
Near‑term profitability volatility earlier in 2025: Earlier quarters (Q1 2025 and Q2 2025) showed negative quarterly earnings per share (Q1: −$0.24; Q2: −$0.23) and occasional negative cash flow from operations, suggesting a softer start to 2025 before the late‑year rebound.

Investor takeaway: The late‑2025 results imply a strong, cash‑generative quarter with a robust bottom line and revenue acceleration. However, elevated credit losses, deposit volatility, and financing activity suggest a need to watch credit quality, liquidity management, and funding sources going forward. The substantial year‑to‑quarter asset growth also warrants attention to ensure sustainable capital adequacy and risk management as the balance sheet expands.

05/05/26 04:29 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Mechanics Bancorp's Financials

When does Mechanics Bancorp's fiscal year end?

According to the most recent income statement we have on file, Mechanics Bancorp's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

How has Mechanics Bancorp's net income changed over the last 10 years?

Mechanics Bancorp's net income appears to be on an upward trend, with a most recent value of $265.74 million in 2025, rising from $41.32 million in 2015. The previous period was $29.00 million in 2024. See Mechanics Bancorp's forecast for analyst expectations on whatâ€™s next for the company.

How has Mechanics Bancorp's revenue changed over the last 10 years?

Over the last 10 years, Mechanics Bancorp's total revenue changed from $429.58 million in 2015 to $808.62 million in 2025, a change of 88.2%.

How much debt does Mechanics Bancorp have?

Mechanics Bancorp's total liabilities were at $19.49 billion at the end of 2025, a 37.4% increase from 2024, and a 340.0% increase since 2015.

How much cash does Mechanics Bancorp have?

In the past 10 years, Mechanics Bancorp's cash and equivalents has ranged from $32.68 million in 2015 to $1.03 billion in 2025, and is currently $1.03 billion as of their latest financial filing in 2025.

How has Mechanics Bancorp's book value per share changed over the last 10 years?

Over the last 10 years, Mechanics Bancorp's book value per share changed from 21.08 in 2015 to 12.94 in 2025, a change of -38.6%.

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Financial statements for NASDAQ:MCHB last updated on 4/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Mechanics Bancorp (MCHB) Financials

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Mechanics Bancorp (MCHB) Financials

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