Mechanics Bancorp (MCHB)

NASDAQ: MCHB · Real-Time Price · USD
13.08
-0.02 (-0.15%)
At close: Sep 5, 2025, 4:00 PM
13.05
-0.03 (-0.23%)
After-hours: Sep 5, 2025, 4:41 PM EDT
-0.15%
Market Cap2.88B
Revenue (ttm)597.46M
Net Income (ttm)186.08M
Shares Out 220.94M
EPS (ttm)0.84
PE Ratio15.49
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume130,844
Open12.90
Previous Close13.10
Day's Range12.83 - 13.08
52-Week Range12.52 - 43,478.00
Beta0.23
Analystsn/a
Price Targetn/a
Earnings Daten/a

About MCHB

Mechanics Bancorp 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; an... [Read more]

Sector Financials
Founded 1905
Employees 1,800
Stock Exchange NASDAQ
Ticker Symbol MCHB
Full Company Profile

Financial Performance

In 2024, Mechanics Bancorp'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 Statements

News

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...

4 days ago - Business Wire

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 ...

4 months ago - Business Wire

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.

5 months ago - Reuters

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...

8 months ago - Business Wire

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...

2 years ago - Business Wire

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...

2 years ago - Business Wire