Mechanics Bank (MCHB) Income Statement
MCHB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMCHB revenue and net income
Where MCHB's revenue goes
2025Each bar shows an amount and its share of revenue. MCHB kept 25.8% of revenue as net income.
MCHB profit margins
MCHB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +74.8% | +13.6% | +20.8% | +9.6% |
| Gross profit | +109.7% | +6.1% | +18.4% | +7.2% |
| Operating income | +795.2% | +1.9% | +25.7% | +18.9% |
| Net income | +816.4% | +7.1% | +27.1% | +20.5% |
| EPS (diluted) | — | −45.6% | −32.2% | −12.5% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MCHB quarterly EPS vs estimates
Mechanics Bank beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: October 28, 2026 (estimate $0.27).
MCHB income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.03B | $589.6M | $779.4M | $703.8M | $364.3M | $401.4M | $352.1M | $301.9M | $550.4M | $578.2M |
| Cost of revenue | $245.6M | $215.0M | $156.5M | $46.5M | $2.2M | $63.8M | $87.7M | $64.5M | $44.0M | $33.6M |
| Gross profit | $785.4M | $374.6M | $622.9M | $657.4M | $362.0M | $337.6M | $264.4M | $237.4M | $506.4M | $544.6M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $231.4M | $209.1M | $213.6M | $219.8M | $144.9M | $161.4M | $144.4M | $136.9M | $332.1M | $345.2M |
| Total operating expenses | $465.8M | $338.9M | $345.0M | $355.2M | $215.3M | $235.7M | $215.7M | $209.2M | $440.2M | $453.9M |
| Operating income | $319.6M | $35.7M | $277.9M | $302.1M | $146.7M | $101.9M | $48.7M | $28.3M | $66.2M | $90.8M |
| Interest income | $811.8M | $735.7M | $719.0M | $651.1M | $632.1M | $611.4M | $406.6M | $256.7M | $227.0M | — |
| Interest expense | $226.0M | $216.5M | $155.7M | $19.8M | $17.2M | $43.4M | $88.2M | $61.5M | $43.2M | $29.5M |
| Income before taxes | $319.6M | $35.7M | $277.9M | $302.1M | $146.7M | $101.9M | $48.7M | $28.3M | $66.2M | $90.8M |
| Income taxes | $53.8M | $6.7M | $76.0M | $85.6M | $31.3M | $21.9M | $8.0M | $2.0M | −$2.8M | $32.6M |
| Net income | $265.7M | $29.0M | $201.9M | $216.6M | $115.4M | $80.0M | $39.1M | $40.0M | $68.9M | $58.2M |
| EBITDA | $347.3M | $42.3M | $305.9M | $333.8M | $157.7M | $112.6M | $48.7M | $28.3M | $66.2M | $90.8M |
| EPS (diluted) | $0.56 | −$1.11 | $0.44 | $3.48 | $5.46 | $3.90 | $1.56 | $1.48 | $1.78 | $2.53 |
| Gross margin | 76.2% | 63.5% | 79.9% | 93.4% | 99.4% | 84.1% | 75.1% | 78.6% | 92.0% | 94.2% |
| Operating margin | 31.0% | 6.1% | 35.7% | 42.9% | 40.3% | 25.4% | 13.8% | 9.4% | 12.0% | 15.7% |
| Net margin | 25.8% | 4.9% | 25.9% | 30.8% | 31.7% | 19.9% | 11.1% | 13.3% | 12.5% | 10.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $261.7M | $246.1M | $274.8M | $277.4M | $98.1M | $187.0M | $193.8M | $207.4M | $114.3M | $112.0M | $112.2M | $111.2M |
| Cost of revenue | $58.0M | $70.7M | $50.2M | $106.2M | $55.2M | $41.5M | $43.7M | $67.9M | $71.4M | $70.4M | $66.7M | $60.7M |
| Gross profit | $203.7M | $175.5M | $224.6M | $171.2M | $43.0M | $145.5M | $150.1M | $139.6M | $42.9M | $41.6M | $45.5M | $50.5M |
| Sales, general & admin | $86.8M | $90.6M | $71.5M | $57.6M | $29.4M | $51.6M | $50.1M | $51.0M | $33.7M | $32.5M | $30.3M | $30.6M |
| Total operating expenses | $124.5M | $113.6M | $70.6M | $126.1M | $47.8M | $84.1M | $82.9M | $84.1M | $50.9M | $52.2M | $49.5M | $49.1M |
| Operating income | $79.3M | $61.9M | $154.0M | $45.1M | −$4.8M | $61.5M | $67.2M | $55.5M | −$8.0M | −$10.6M | −$4.0M | $1.4M |
| Interest income | $237.9M | $241.9M | $255.1M | $204.9M | $178.2M | $173.6M | $176.9M | $192.1M | — | $172.9M | — | — |
| Interest expense | $60.8M | $62.9M | $73.7M | $59.2M | $49.2M | $45.1M | $48.5M | $61.1M | $71.4M | $70.4M | $66.3M | $61.8M |
| Income before taxes | $79.3M | $61.9M | $154.0M | $45.1M | −$4.8M | $61.5M | $67.2M | $55.5M | −$8.0M | −$10.6M | −$4.0M | $1.4M |
| Income taxes | $21.6M | $17.8M | $29.6M | −$10.1M | −$369,000 | $17.7M | $15.5M | $15.5M | −$1.8M | −$3.1M | −$592,000 | −$898,000 |
| Net income | $57.7M | $44.1M | $124.3M | $55.2M | −$4.4M | $43.8M | $51.7M | $39.9M | −$6.2M | −$7.5M | −$3.4M | $2.3M |
| EBITDA | $150.6M | $72.5M | $164.9M | $45.1M | −$4.8M | $66.5M | $72.2M | $58.8M | −$8.0M | −$8.8M | −$4.0M | $1.4M |
| EPS (diluted) | $0.27 | $0.24 | $0.59 | $0.28 | −$0.16 | −$0.15 | −$0.27 | −$0.32 | −$0.23 | −$0.29 | −$0.12 | $0.12 |
| Gross margin | 77.8% | 71.3% | 81.7% | 61.7% | 43.8% | 77.8% | 77.4% | 67.3% | 37.5% | 37.1% | 40.5% | 45.4% |
| Operating margin | 30.3% | 25.1% | 56.0% | 16.3% | −4.9% | 32.9% | 34.7% | 26.7% | −7.0% | −9.4% | −3.6% | 1.3% |
| Net margin | 22.0% | 17.9% | 45.2% | 19.9% | −4.5% | 23.4% | 26.7% | 19.3% | −5.5% | −6.7% | −3.0% | 2.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MCHB's financial statements (latest annual report filed March 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MCHB financial results
In fiscal year 2025 (ended December 31, 2025), Mechanics Bank reported revenue of $1.0 billion, up 74.8% from the year before. It had net income of $265.7 million (up 816.4%), a net profit margin of 25.8%. Diluted earnings per share came to $0.56. Over five years revenue grew at an average rate of 20.8% a year.
See the MCHB stock overview for the latest quote and news, or the MCHB chart for price history and technical indicators.
MCHB income statement FAQ
What is Mechanics Bank's annual revenue?
Mechanics Bank reported total revenue of $1.0 billion for fiscal year 2025, which ended on December 31, 2025. That was up 74.8% from $589.6 million the previous year.
Is Mechanics Bank profitable?
Yes. Mechanics Bank reported net income of $265.7 million in fiscal 2025, a net profit margin of 25.8%; its operating margin was 31.0%.
What is Mechanics Bank's gross margin?
Mechanics Bank's gross margin was 76.2% in fiscal 2025: for every $100 of revenue, Mechanics Bank kept $76 after the direct cost of its products and services.
How fast is Mechanics Bank growing?
Revenue grew 20.8% a year on average over the last five fiscal years, from $401.4 million to $1.0 billion.
What are Mechanics Bank's earnings per share?
Mechanics Bank earned $0.56 per diluted share in fiscal 2025, compared with $-1.11 a year earlier.
When will Mechanics Bank report its next earnings?
Mechanics Bank is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes.
When does Mechanics Bank's fiscal year end?
Mechanics Bank's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 17, 2026.