Filing Flows

Filing Flows › Companies › Mechanics Bancorp › Cash flow

Mechanics Bancorp cash flow, quarter by quarter

Latest: Q3 2026 · from the cash-flow statements filed with the SEC

Free cash flow$26.4M in Q3 2026 · $195M over twelve months

Operating cash flow$29.2M
Capital spending−$2.8M
Free cash flow+$26.4M
Cash / net income0.6×

Analysis

In Q3 2026, Mechanics Bancorp generated $29.2M of operating cash flow and spent $2.8M on capital projects, leaving free cash flow of $26.4M. That is $11.5M more than in Q3 2025 ($14.9M).

Over the twelve months to Sep 30, 2026, operating cash flow was $207M; the largest uses were other financing ($1.5B), dividends ($361M), capital spending ($12.1M); besides operations, cash came from other investing ($823M), asset & business sales ($730K); the cash balance fell by $840M.

Operating cash flow was $29.2M against net income of $46.0M — 0.6× profit, less cash than reported earnings, worth checking against working capital. The largest differences: depreciation & amortization +$10.3M, deferred taxes +$7.0M, stock-based pay +$1.5M.

Free cash flow

Mechanics Bancorp: free cash flow by quarterMechanics Bancorp: free cash flow by quarter$72.4MQ4 2024−$1.9MQ1 2025$63.7MQ2 2025$14.9MQ3 2025$110MQ4 2025$8.8MQ1 2026$49.6MQ2 2026$26.4MQ3 2026
Operating cash flow less capital spending.
Mechanics Bancorp: operating cash flow against capital spendingMechanics Bancorp: operating cash flow against capital spendingOperating cash flowCapital spending$74.9M$2.5MQ4 2024−$1.4M$497KQ1 2025$65.1M$1.5MQ2 2025$16.0M$1.1MQ3 2025$114M$3.5MQ4 2025$11.4M$2.6MQ1 2026$52.8M$3.1MQ2 2026$29.2M$2.8MQ3 2026
Latest (Q3 2026): Operating cash flow $29.2M, Capital spending $2.8M.

Capital allocation, year by year

Mechanics Bancorp: where the cash came from (up) and went (down), by fiscal yearMechanics Bancorp: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedAsset salesCapital spendingBuybacksDividendsFY2021: Operating cash flow $173MFY2021: Net borrowing −$283MFY2021: Shares issued $263KFY2021: Capital spending −$2.9MFY2021: Buybacks −$84.2MFY2021: Dividends −$21.3M$173MFY2021FY2022: Operating cash flow $218MFY2022: Net borrowing $72.4MFY2022: Capital spending −$6.8MFY2022: Buybacks −$75.0MFY2022: Dividends −$26.8M$291MFY2022FY2023: Operating cash flow $8.0MFY2023: Net borrowing $83.5MFY2023: Capital spending −$3.8MFY2023: Dividends −$12.3M$91.6MFY2023FY2024: Operating cash flow $292MFY2024: Net borrowing −$100MFY2024: Asset sales $2.6MFY2024: Capital spending −$6.4MFY2024: Dividends −$95.0M$295MFY2024FY2025: Operating cash flow $194MFY2025: Asset sales $887KFY2025: Capital spending −$6.5MFY2025: Dividends −$48.6M$194MFY2025
Over these 5 years operating cash flow totalled $885M; the largest uses were net borrowing ($383M) and dividends ($204M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$602M
Debt$212M
Net cash$390M

Mechanics Bancorp funds itself: free cash flow was $195M over the last twelve months, and $602M of cash and investments stands against $212M of debt.

Where the cash came from and went

Mechanics Bancorp: sources (+) and uses (−) of cash, Q3 2026Mechanics Bancorp: sources (+) and uses (−) of cash, Q3 2026Other investing$230MOther financing−$150MDividends−$57.9MCash drawn (+) / kept (−)−$48.5MOperating cash flow$29.2MCapital spending−$2.8M
Mechanics Bancorp: sources (+) and uses (−) of cash, TTM to Q3 2026Mechanics Bancorp: sources (+) and uses (−) of cash, TTM to Q3 2026Other financing−$1.5BCash drawn (+) / kept (−)$840MOther investing$823MDividends−$361MOperating cash flow$207MCapital spending−$12.1MAsset & business sales$730K

From profit to cash

Mechanics Bancorp: net income to operating cash flow, Q3 2026Mechanics Bancorp: net income to operating cash flow, Q3 2026Net income$46.0MDepreciation & amortization$10.3MStock-based pay$1.5MDeferred taxes$7.0MOperating cash flow$29.2M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.

Every quarter

QuarterOperating cash flowCapital spendingDividendsNet borrowing (+) / repaid (−)Cash drawn (+) / kept (−)Free cash flow
Q3 2026$29.2M−$2.8M−$57.9M—−$48.5M$26.4M
Q2 2026$52.8M−$3.1M−$162M—−$70.4M$49.6M
Q1 2026$11.4M−$2.6M−$92.6M−$65.0M$546M$8.8M
Q4 2025$114M−$3.5M−$48.6M—$413M$110M
Q3 2025$16.0M−$1.1M——$636M$14.9M
Q2 2025$65.1M−$1.5M—$40.0M−$1.3B$63.7M
Q1 2025−$1.4M−$497K—−$22K$201M−$1.9M
Q4 2024$74.9M−$2.5M—−$386M$178M$72.4M

Mechanics Bancorp: income statement and cash flow

Mechanics Bancorp, Q3 2026: revenue $161M (-36% year over year), operating margin 38.7%. The chart follows the revenue to costs, profit and cash.

Mechanics Bancorp: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.