Filing Flows › Mechanics Bancorp (MCHB) › Q3 2026 › vs Q2 2026
Mechanics Bancorp (MCHB) Q3 2026 vs Q2 2026 (quarter over quarter)
Mechanics Bancorp's revenue fell $39.5M (-20%) from $201M in Q2 2026 to $161M in Q3 2026. Operating margin 38.7% against 39.4% (-0.8 pts).
Mechanics Bancorp, Q3 2026: revenue $161M (-36% year over year), operating margin 38.7%, net earnings $46.0M, operating cash flow $29.2M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 38.7% | 39.4% | -0.8 pts |
| Net margin | 28.5% | 28.7% | -0.2 pts |
| Free cash flow margin | 16.4% | 24.7% | -8.3 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $161M | $201M | −$39.5M | -20% |
| Operating profit | $62.5M | $79.3M | −$16.8M | -21% |
| Costs & expenses | $99.0M | $122M | −$22.7M | -19% |
| Pre-tax earnings | $62.5M | $79.3M | −$16.8M | -21% |
| Net earnings | $46.0M | $57.7M | −$11.7M | -20% |
| Income tax | $16.5M | $21.6M | −$5.1M | -24% |
| Depreciation & amortization | $10.3M | $10.6M | −$277K | -3% |
| Share-based compensation | $1.5M | $1.5M | $36K | +2% |
| Working capital & other | $28.6M | $17.0M | $11.6M | +68% |
| Operating cash flow | $29.2M | $52.8M | −$23.6M | -45% |
| Free cash flow (OCF − capex) | $26.4M | $49.6M | −$23.2M | -47% |
| Capital expenditures | $2.8M | $3.1M | −$363K | -12% |
Questions
How much did Mechanics Bancorp's revenue grow quarter over quarter in Q3 2026?
Mechanics Bancorp's revenue fell $39.5M (-20%) from $201M in Q2 2026 to $161M in Q3 2026. Operating margin 38.7% against 39.4% (-0.8 pts).