MCHB · XBRL financial data
Mechanics Bancorp financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (MCHB's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | — | — | — | — | 48 | 50 |
| General and administrative | 34 | 32 | 35 | 39 | 37 | — |
| Interest expense | 43 | 17 | 71 | 233 | — | — |
| Income tax expense (benefit) | 22 | 31 | 18 | (5) | 24 | 54 |
| Net income (loss) | 80 | 115 | 67 | (28) | (144) | 266 |
| Earnings per share, basic USD per share | 3.50 | 5.53 | 3.51 | (1.46) | (7.65) | 1.27 |
| Earnings per share, diluted USD per share | 3.47 | 5.46 | 3.49 | (1.46) | (7.65) | 1.27 |
| Weighted average shares, basic millions of shares | 23 | 21 | 19 | 19 | 19 | 209 |
| Weighted average shares, diluted millions of shares | 23 | 21 | 19 | 19 | 19 | 209 |
Balance sheet
CSVFiscal years (MCHB's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 58 | 65 | 73 | 216 | 407 | 1,030 |
| Property and equipment, net | 65 | 58 | 51 | 54 | 47 | 144 |
| Right-of-use asset | 46 | 38 | 34 | 28 | 25 | 82 |
| Goodwill | — | — | 28 | 0 | 843 | 843 |
| Total assets | 7,237 | 7,204 | 9,365 | 9,392 | 8,124 | 22,351 |
| Total deposits | 5,822 | 6,147 | 7,452 | 6,763 | 6,413 | 19,025 |
| Total liabilities | 6,519 | 6,489 | 8,803 | 8,854 | 7,727 | 19,489 |
| Retained earnings | 404 | 444 | 435 | 395 | 251 | 457 |
| Total stockholders' equity | 718 | 715 | 562 | 538 | 397 | 2,862 |
| Total liabilities and equity | 7,237 | 7,204 | 9,365 | 9,392 | 8,124 | 22,351 |
| Common shares outstanding (cover page) millions of shares | 22 | 19 | 19 | 19 | 19 | — |
Cash flows
CSVFiscal years (MCHB's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 80 | 115 | 67 | (28) | (144) | 266 |
| Stock-based compensation | 3 | 3 | 4 | 4 | 3 | 6 |
| Net cash from operating activities | (26) | 173 | 218 | 8 | (46) | 194 |
| Purchases of property and equipment | 3 | 3 | 7 | 4 | 0 | 7 |
| Net cash from investing activities | (233) | (126) | (2,654) | 484 | 1,334 | 1,546 |
| Proceeds from issuing common stock | 0 | 0 | 0 | 0 | — | — |
| Share repurchases | 58 | 84 | 75 | 0 | — | — |
| Dividends paid | 14 | 21 | 27 | 12 | 0 | 49 |
| Proceeds from long-term debt | 0 | 0 | 98 | 0 | — | — |
| Net cash from financing activities | 258 | (40) | 2,443 | (349) | (1,097) | (1,709) |
| Net change in cash | 0 | 7 | 8 | 143 | 191 | 30 |
Compare with peers
SIC 6022 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6022 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Mechanics Bancorp | 554 | 14 | 53* | not reported | — | 10-QJun 30, 2026 |
| Primis Financial | 177 | not reported | (5.7)* | 24.8M | 31.0 quarters | 10-QJun 30, 2026 |
| John Marshall Bancorp | 159 | not reported | 5* | 14.1M | — | 10-QJun 30, 2026 |
| Bankwell Financial Group | 239 | 1 | not reported | 8.0M | — | 10-QSep 30, 2026 |
| PCB Bancorp | 265 | 0.8 | 1.4* | 14.0M | — | 10-QJun 30, 2026 |
| Fidelity D & D Bancorp | 208 | not reported | 21* | 5.8M | — | 10-QJun 30, 2026 |
| Norwood Financial | 60 | 2.1 | 8.9* | 10.9M | — | 10-QJun 30, 2026 |
| Isabella Bank | 139 | not reported | 5.4* | 7.7M | — | 10-QSep 30, 2026 |
| MVB Financial | 210 | not reported | (1.2)* | 13.0M | — | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.