Mechanics Bancorp (MCHB)
| Market Cap | 3.17B |
| Revenue (ttm) | 566.74M |
| Net Income (ttm) | 193.10M |
| Shares Out | 221.21M |
| EPS (ttm) | 0.90 |
| PE Ratio | 15.85 |
| Forward PE | 12.35 |
| Dividend | $0.42 (2.93%) |
| Ex-Dividend Date | Dec 8, 2025 |
| Volume | 740,549 |
| Open | 14.41 |
| Previous Close | 14.27 |
| Day's Range | 14.21 - 14.57 |
| 52-Week Range | 6.46 - 15.90 |
| Beta | 0.17 |
| Analysts | Hold |
| Price Target | 14.50 (+1.19%) |
| Earnings Date | Oct 30, 2025 |
About MCHB
Mechanics Bancorp operates as the holding company for Mechanics Bank that provides banking services in California, Oregon, Washington, and Hawaii. It offers various checking and savings accounts. The company also provides home loans, auto loans, term loans and lines of credit, owner occupied real estate lending services, SBA loans, multi-family lending services, commercial real estate loans, equipment financing services, and trade services and letters of credit. In addition, it offers debit and credit cards; online and mobile banking, digital w... [Read more]
Financial Performance
In 2024, Mechanics Bancorp's revenue was $381.56 million, a decrease of -40.07% compared to the previous year's $636.69 million. Earnings were $29.00 million, a decrease of -85.64%.
Financial StatementsAnalyst Summary
According to one analyst, the rating for MCHB stock is "Hold" and the 12-month stock price target is $14.5.
News
KBRA Assigns Ratings to Mechanics Bancorp; Upgrades and Subsequently Withdraws Ratings for HomeStreet, Inc.
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a senior unsecured debt rating of BBB+, a subordinated debt rating of BBB, and a short-term debt rating of K2 to Walnut Creek, California-...
Mechanics Bank Agrees to Sell Fannie Mae Delegated Underwriting and Servicing Business Line to Fifth Third
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (“Mechanics”) (NASDAQ: MCHB) announced today that its subsidiary Mechanics Bank has entered into a definitive agreement to sell its Fannie Mae ...
Mechanics Bancorp Declares Cash Dividend
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (Nasdaq: MCHB) today announced that it has declared a cash dividend of $0.21 per share of Class A common stock and $2.10 per share of Class B c...
Mechanics Bancorp Reports Third Quarter 2025 Results Following Completion of Merger with HomeStreet Bank
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (Nasdaq: MCHB): Third Quarter Highlights $22.7 billion Total Assets $55.2 million Net Income 13.42% CET1 Ratio(1) $12.54 Book Value Per S...
Mechanics Bancorp Announces Date of Third Quarter 2025 Earnings Release and Conference Call
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (NASDAQ: MCHB), the financial holding company of Mechanics Bank, today announced that its third quarter 2025 financial results will be released...
Mechanics Bank Completes Strategic Merger with HomeStreet, Inc.
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (NASDAQ: MCHB), the holding company of Mechanics Bank, today announced the completion of the previously announced strategic merger (the “Merger...
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...