Mechanics Bancorp income statement

In fiscal 2025, Mechanics Bancorp reported revenue of $809m, up 112.8% on the year before and net income of $266m, or $1.27 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Mechanics Bancorp: income statement, annual
Fiscal year	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	130	146	299	265	284	430	539	217	226	264	358	347	285	209	380	809	916
General and administrative	17	18	28	40	42	57	63	38	34	33	34	32	35	39	37	—	—
Interest expense	55	31	20	15	13	17	29	38	61	88	43	17	71	233	—	—	—
Net interest income	39	48	61	74	99	148	180	175	190	189	209	227	233	167	519	586	683
Non-interest income	90	97	238	191	186	281	359	43	37	74	149	120	52	42	−139	223	233
Non-interest expense	126	126	184	229	252	367	444	191	195	216	236	215	205	242	346	470	548
Provision for credit losses	37	3	12	1	−1	6	4	1	3	−1	22	−15	−5	−0	0	21	31
Income before tax	−34	16	104	35	33	57	91	26	28	49	102	147	85	−33	36	320	340
Income tax	1	−0	22	11	11	16	33	−17	2	8	22	31	18	−5	7	54	59
Net income	−34	16	82	24	22	41	58	69	40	18	80	115	67	−28	29	266	281
Diluted EPS	−$0.59	$0.26	$0.56	$0.15	$0.14	$0.18	$0.22	$0.24	$0.14	$0.06	$0.32	$0.51	$0.33	−$0.14	$0.14	$1.27	$1.28
Diluted shares (average)	58m	62m	147m	159m	160m	226m	266m	290m	291m	276m	247m	227m	204m	201m	202m	209m	219m

US$ millions unless shown otherwise. Fiscal quarters.

Mechanics Bancorp: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	148	147	143	150	255	260	200	201
General and administrative	10	6	10	9	—	—	—	—
Net interest income	131	128	128	130	146	181	179	177
Non-interest income	17	19	15	20	110	79	21	24
Non-interest expense	86	84	86	91	163	130	130	124
Provision for credit losses	0	0	1	6	46	−22	8	−1
Income before tax	55	67	61	59	45	154	62	79
Income tax	16	16	18	17	−10	30	18	22
Net income	40	52	44	42	55	124	44	58
Diluted EPS	$0.20	$0.25	$0.22	$0.21	$0.26	$0.58	$0.20	$0.26

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Mechanics Bancorp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Mechanics Bancorp.