Mechanics Bancorp Financials
This page shows Mechanics Bancorp (MCHB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
A balance-sheet-driven earnings model is visible here: asset growth and liability funding, not reported sales, explain the economics.
In FY2025, net income of$266M and operating cash flow of$194M lined up again after FY2023’s loss and only$8M of OCF, but the deeper clue is structural: long-term debt was just$192M while total liabilities were$19.5B , so a low stated debt figure does not mean the institution is lightly funded.
Because total assets reached
The business shows a capital-light physical footprint: FY2025 free cash flow was
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Mechanics Bancorp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Mechanics Bancorp's revenue grew a modest 3.3% year-over-year to $49.7M. This slow but positive growth earns a score of 0/100.
Mechanics Bancorp carries a low D/E ratio of 0.07, meaning only $0.07 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Mechanics Bancorp converts 376.2% of revenue into free cash flow ($187.1M). This strong cash generation earns a score of 100/100.
Mechanics Bancorp generates a 9.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 17/100. This is up from -6.3% the prior year.
Mechanics Bancorp passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Mechanics Bancorp generates $0.73 in operating cash flow ($193.6M OCF vs $265.7M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Mechanics Bancorp generated $49.7M in revenue in fiscal year 2025. This represents an increase of 3.3% from the prior year.
Mechanics Bancorp reported $265.7M in net income in fiscal year 2025. This represents an increase of 284.1% from the prior year.
Mechanics Bancorp earned $1.27 per diluted share (EPS) in fiscal year 2025. This represents an increase of 807.1% from the prior year.
Cash & Balance Sheet
Mechanics Bancorp generated $187.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 34.6% from the prior year.
Mechanics Bancorp held $1.0B in cash against $192.0M in long-term debt as of fiscal year 2025.
Margins & Returns
Mechanics Bancorp's net profit margin was 534.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 834.3 percentage points from the prior year.
Mechanics Bancorp's ROE was 9.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 15.6 percentage points from the prior year.
Capital Allocation
Mechanics Bancorp invested $6.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 2.2% from the prior year.
MCHB Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $12.4M-85.0% | $83.0M-3.2% | $85.8M | N/A | $12.3M-87.8% | $101.1M-1.4% | $102.5M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | $54.2M+474.5% | $9.4M-8.8% | $10.3M | N/A | $9.7M-8.6% | $10.6M-6.8% | $11.4M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | $59.2M+20.4% | $49.2M-6.4% | $52.5M | N/A | $61.1M-14.4% | $71.4M+1.5% | $70.4M |
| Income Tax | N/A | -$10.1M-2626.3% | -$369K-29.0% | -$286K | N/A | $15.5M+980.2% | -$1.8M+42.4% | -$3.1M |
| Net Income | N/A | $55.2M+1350.2% | -$4.4M+1.2% | -$4.5M | N/A | $39.9M+740.3% | -$6.2M+16.8% | -$7.5M |
| EPS (Diluted) | N/A | $0.26+213.0% | $-0.23+4.2% | $-0.24 | N/A | $0.20+160.6% | $-0.33+17.5% | $-0.40 |
MCHB Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $22.4B-1.6% | $22.7B+198.4% | $7.6B-2.5% | $7.8B-52.7% | $16.5B+79.2% | $9.2B-0.7% | $9.3B-2.0% | $9.5B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $1.0B-28.6% | $1.4B+617.4% | $201.1M-20.3% | $252.2M-74.8% | $999.7M+385.6% | $205.9M-5.9% | $218.7M-31.7% | $320.3M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $843.3M0.0% | $843.3M | N/A | N/A | $843.3M | N/A | N/A | N/A |
| Total Liabilities | $19.5B-2.2% | $19.9B+283.9% | $5.2B-29.9% | $7.4B-47.8% | $14.2B+63.8% | $8.7B-0.9% | $8.7B-2.0% | $8.9B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $192.0M+1.0% | $190.1M-15.6% | $225.3M0.0% | $225.2M | $0 | $0-100.0% | $224.9M0.0% | $224.9M |
| Total Equity | $2.9B+3.2% | $2.8B+14.8% | $2.4B+503.0% | $400.8M-82.6% | $2.3B+0.1% | $2.3B+2.5% | $2.2B+325.5% | $527.3M |
| Retained Earnings | $456.7M+19.9% | $381.0M+57.3% | $242.1M-1.8% | $246.5M+2.9% | $239.5M-36.0% | $374.3M-1.9% | $381.6M-1.6% | $387.9M |
MCHB Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $113.9M+1.8% | $112.0M+1243.8% | -$9.8M+56.5% | -$22.5M-130.0% | $74.9M-69.7% | $247.0M+1235.4% | -$21.8M-177.3% | -$7.8M |
| Capital Expenditures | $3.5M+21.4% | $2.9M+2893.8% | $96K+81.1% | $53K-97.8% | $2.5M+201.0% | -$2.4M-944.3% | $289K-95.2% | $6.1M |
| Free Cash Flow | $110.4M+1.2% | $109.1M+1203.7% | -$9.9M+56.2% | -$22.6M-131.1% | $72.4M-70.4% | $244.5M+1209.4% | -$22.0M-58.5% | -$13.9M |
| Investing Cash Flow | -$50.4M-104.0% | $1.3B+725.0% | $151.9M-20.3% | $190.7M+340.2% | -$79.4M-118.4% | $432.6M+397.2% | $87.0M+141.4% | $36.0M |
| Financing Cash Flow | -$476.2M+33.6% | -$716.9M-271.0% | -$193.2M+40.1% | -$322.6M-85.5% | -$174.0M+81.9% | -$962.0M-476.6% | -$166.8M-318.2% | $76.5M |
| Dividends Paid | $48.6M | N/A | N/A | N/A | $0-100.0% | $95.0M | $0 | $0 |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
MCHB Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | 444.2%+449.5pp | -5.3%-0.1pp | -5.2% | N/A | 325.0%+331.1pp | -6.2%+1.1pp | -7.3% |
| Return on Equity | N/A | 2.0%+2.2pp | -0.2%+0.9pp | -1.1% | N/A | 1.7%+2.0pp | -0.3%+1.1pp | -1.4% |
| Return on Assets | N/A | 0.2%+0.3pp | -0.1%0.0pp | -0.1% | N/A | 0.4%+0.5pp | -0.1%+0.0pp | -0.1% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 0.070.0 | 0.07-0.0 | 0.09-0.5 | 0.56+0.6 | 0.000.0 | 0.00-0.1 | 0.10-0.3 | 0.43 |
| FCF Margin | N/A | 878.5%+890.4pp | -11.9%+14.4pp | -26.3% | N/A | 1989.2%+2011.0pp | -21.8%-8.2pp | -13.6% |
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Frequently Asked Questions
What is Mechanics Bancorp's annual revenue?
Mechanics Bancorp (MCHB) reported $49.7M in total revenue for fiscal year 2025. This represents a 3.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Mechanics Bancorp's revenue growing?
Mechanics Bancorp (MCHB) revenue grew by 3.3% year-over-year, from $48.1M to $49.7M in fiscal year 2025.
Is Mechanics Bancorp profitable?
Yes, Mechanics Bancorp (MCHB) reported a net income of $265.7M in fiscal year 2025, with a net profit margin of 534.4%.
How much debt does Mechanics Bancorp have?
As of fiscal year 2025, Mechanics Bancorp (MCHB) had $1.0B in cash and equivalents against $192.0M in long-term debt.
What is Mechanics Bancorp's net profit margin?
Mechanics Bancorp (MCHB) had a net profit margin of 534.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Mechanics Bancorp's return on equity (ROE)?
Mechanics Bancorp (MCHB) has a return on equity of 9.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Mechanics Bancorp's free cash flow?
Mechanics Bancorp (MCHB) generated $187.1M in free cash flow during fiscal year 2025. This represents a -34.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Mechanics Bancorp's operating cash flow?
Mechanics Bancorp (MCHB) generated $193.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Mechanics Bancorp's total assets?
Mechanics Bancorp (MCHB) had $22.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Mechanics Bancorp's capital expenditures?
Mechanics Bancorp (MCHB) invested $6.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Mechanics Bancorp's debt-to-equity ratio?
Mechanics Bancorp (MCHB) had a debt-to-equity ratio of 0.07 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Mechanics Bancorp's return on assets (ROA)?
Mechanics Bancorp (MCHB) had a return on assets of 1.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Mechanics Bancorp's Piotroski F-Score?
Mechanics Bancorp (MCHB) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Mechanics Bancorp's earnings high quality?
Mechanics Bancorp (MCHB) has an earnings quality ratio of 0.73x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Mechanics Bancorp?
Mechanics Bancorp (MCHB) scores 36 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.