GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mechanics Bank (OTCPK:MCHB) » Definitions » Gross-Profit-to-Asset %

Mechanics Bank (Mechanics Bank) Gross-Profit-to-Asset % : 3.70% (As of Dec. 2022)


View and export this data going back to 2000. Start your Free Trial

What is Mechanics Bank Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Mechanics Bank's annualized Gross Profit for the quarter that ended in Dec. 2022 was $695.0 Mil. Mechanics Bank's average Total Assets over the quarter that ended in Dec. 2022 was $18,779.3 Mil. Therefore, Mechanics Bank's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2022 was 3.70%.


Mechanics Bank Gross-Profit-to-Asset % Historical Data

The historical data trend for Mechanics Bank's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mechanics Bank Gross-Profit-to-Asset % Chart

Mechanics Bank Annual Data
Trend Dec04 Dec05 Dec06 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.77 3.70 3.56 3.61 3.70

Mechanics Bank Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.77 3.70 3.56 3.61 3.70

Competitive Comparison of Mechanics Bank's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Mechanics Bank's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mechanics Bank's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mechanics Bank's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Mechanics Bank's Gross-Profit-to-Asset % falls into.



Mechanics Bank Gross-Profit-to-Asset % Calculation

Mechanics Bank's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=694.967/( (19422.86+18135.692)/ 2 )
=694.967/18779.276
=3.70 %

Mechanics Bank's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Dec. 2022 ))/ count )
=694.967/( (19422.86+18135.692)/ 2 )
=694.967/18779.276
=3.70 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is one times the annual (Dec. 2022) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Mechanics Bank Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Mechanics Bank's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mechanics Bank (Mechanics Bank) Business Description

Traded in Other Exchanges
N/A
Address
3170 Hilltop Mall Road, Richmond, CA, USA, 94806
Mechanics Bank operates as a community bank in California. The bank provides personal banking, business banking, trust, and estate services, brokerage, and wealth management services. The bank operates a network of retail banking branches, as well as regional commercial lending and wealth management offices throughout the state of California. The bank also engages in indirect automobile lending activities including origination, securitization, and servicing of new and pre-owned retail automobile sales contracts from both franchised and independent automobile dealerships.

Mechanics Bank (Mechanics Bank) Headlines

No Headlines