The financials
Mechanics Bancorp by the numbers
Mechanics Bancorp (MCHB) reported revenue of $242M in Q1 2026 (quarter ended Mar 31, 2026), up 39% from the same quarter a year earlier. That came with net income of $44M (18% of revenue). For the full year FY2025, revenue was $812M (+10% year on year) and net income $266M. Its largest product in Jun 2026 was Products And Services Service Charges On Deposit Accounts at $6.0M, 44% of the disclosed total, ahead of Products And Services ATM Network Fee Income at 30%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $242M | $174M | +39% |
| Net income | $44M | $44M | +0.7% |
| Diluted EPS | $0.20 | $0.22 | −9.1% |
| Product | Revenue | Share |
|---|---|---|
| Products And Services Service Charges On Deposit Accounts | $6.0M | 44% |
| Products And Services ATM Network Fee Income | $4.1M | 30% |
| Products And Services Trust Fees And Commissions | $3.5M | 26% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $13.6M (+4.6%)
Products And Services ATM Network Fee Income grew +35% year on yearProducts And Services Trust Fees And Commissions +8.1% year on year
Segment Latestquarter on quarteryear on year
- Products And Services Service Charges On Deposit Accounts$6.0M$6.0MQoQ -0.26%year on year +9.7%-0.26%+9.7%
- Products And Services ATM Network Fee Income$4.1M$4.1MQoQ +5.3%year on year +35%+5.3%+35%
- Products And Services Trust Fees And Commissions$3.5M$3.5MQoQ +13%year on year +8.1%+13%+8.1%