Mechanics Bank (MCHB)
| Market Cap | 2.31B |
| Revenue (ttm) | 381.61M |
| Net Income (ttm) | 29.00M |
| Shares Out | 64.23K |
| EPS (ttm) | 451.48 |
| PE Ratio | 79.74 |
| Forward PE | n/a |
| Dividend | 1,479.00 (4.11%) |
| Ex-Dividend Date | n/a |
| Volume | 4 |
| Average Volume | 0 |
| Open | 26,000 |
| Previous Close | 26,000 |
| Day's Range | 26,000 - 26,000 |
| 52-Week Range | 21,308 - 36,000 |
| Beta | 0.13 |
| RSI | 99.26 |
| Earnings Date | May 21, 2025 |
About Mechanics Bank
Mechanics Bank provides various financial services for communities in Greater San Francisco, Sacramento, Los Angeles, and San Diego areas and throughout the Central Valley in California. The company offers checking, savings, retirement, money market, and certificates of deposit accounts. It also provides home and auto loans; term loans and lines of credit, multi-family lending, commercial real estate loans, owner-occupied real estate loans, equipment financing, and trade services and letters of credit; small business administration loans; and c... [Read more]
Financial Performance
In 2024, Mechanics Bank's revenue was $381.61 million, a decrease of -39.89% compared to the previous year's $634.88 million. Earnings were $29.00 million, a decrease of -85.64%.
Financial StatementsNews
Westlake Portfolio Management Takes Over Servicing of Mechanics Bank Auto Finance Portfolio Starting May 2025
LOS ANGELES--(BUSINESS WIRE)--Westlake Portfolio Management (WPM), a subsidiary loan servicing company of Westlake Technology Holdings, has entered into a servicing agreement with Mechanics Bank Auto ...
Mechanics Bank agrees to buy HomeStreet in $300 million deal
Mechanics Bank has agreed to buy HomeStreet in an all-stock deal that values the Seattle-based lender at $300 million, the companies said on Monday.
C.J. Johnson Named President and CEO of Mechanics Bank
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bank (OTCEM:MCHB) has named C.J. Johnson President and Chief Executive Officer, a role he has performed on an interim basis since February 2024. Mr. Jo...
Robbin Preciado Joins Mechanics Bank to Lead Retail-Banking Business
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bank has named Robbin Preciado executive vice president and director of retail banking. The California banking veteran of more than 30 years will overs...
Kelly Johnston returns to Mechanics Bank to lead Wealth Management unit
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bank (OTCEM:MCHB) has appointed Kelly Johnston as executive vice president and director of wealth management. The industry veteran will lead the Bank's...