Filing Flows › Mechanics Bancorp (MCHB) › Q3 2025
Mechanics Bancorp (MCHB) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 17, 2025
Mechanics Bancorp (MCHB) reported revenue of $255M for the third quarter 2025 (Q3 2025), +73% from a year earlier and +422% from the quarter before. Operating margin was 17.7%, net earnings $55.2M (21.6% of revenue).
Mechanics Bancorp, Q3 2025: revenue $255M (+73% year over year), operating margin 17.7%, net earnings $55.2M, operating cash flow $112M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $255M | +422% | +73% |
| Operating profit | $45.1M | — | -19% |
| Net earnings | $55.2M | — | +38% |
| Operating cash flow | $112M | — | -55% |
| Free cash flow | $109M | — | -56% |
What changed
Revenue was $255.4M in Q3 2025, up 73% year over year and up 422% from the previous quarter.
Operating profit was $45.1M, a 17.7% margin (down 19.9 points year over year). Operating profit fell $10.4M even though revenue rose $107.6M versus a year earlier, so costs grew faster than sales. Total costs grew 128% against revenue growth of 73%. The fastest-growing cost line was Noninterest expense (+91%). Net earnings were $55.2M, up 38% year over year. The effective tax rate was -22.3%.
Operating cash flow was $112.0M (down 55% year over year), 203% of net earnings. Non-cash charges added back $6.8M of depreciation and amortization. Working capital and other items added $50.0M. Capital expenditures of $2.9M left free cash flow of $109.1M.
Questions
What was Mechanics Bancorp's revenue in the third quarter 2025?
Mechanics Bancorp (MCHB) reported revenue of $255M for the third quarter 2025 (Q3 2025), +73% from a year earlier and +422% from the quarter before.
Was Mechanics Bancorp profitable in the third quarter 2025?
Operating profit was $45.1M (17.7% of revenue) and net earnings $55.2M.
Source: Mechanics Bancorp 10-Q on SEC EDGAR.