Mechanics Bancorp (MCHB)
| Market Cap | 3.28B +1,440.0% |
| Revenue (ttm) | 687.87M +15.1% |
| Net Income | 266.04M +43.0% |
| EPS | 1.26 +43.5% |
| Shares Out | 221.40M |
| PE Ratio | 12.34 |
| Forward PE | 13.54 |
| Dividend | $0.84 (5.66%) |
| Ex-Dividend Date | Mar 9, 2026 |
| Volume | 274,128 |
| Open | 14.58 |
| Previous Close | 14.62 |
| Day's Range | 14.51 - 14.85 |
| 52-Week Range | 10.60 - 16.02 |
| Beta | 0.17 |
| Analysts | Buy |
| Price Target | 16.25 (+9.58%) |
| Earnings Date | Apr 30, 2026 |
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, retirement accounts, money market accounts, time certificates of deposit, and safe deposit boxes. The company also provides home loans, auto loans, term loans and lines of credit, owner occupied real estate lending services, small business lending loans, multi-family lending services; mortgage and consumer lending loans; commercial real estate loans; re... [Read more]
Financial Performance
In 2025, Mechanics Bancorp's revenue was $642.66 million, an increase of 68.41% compared to the previous year's $381.61 million. Earnings were $265.74 million, an increase of 816.37%.
Financial StatementsAnalyst Summary
According to 2 analysts, the average rating for MCHB stock is "Buy." The 12-month stock price target is $16.25, which is an increase of 9.58% from the latest price.
News
Mechanics Bancorp completes sale of Fannie Mae DUS business to Fifth Third
Mechanics Bancorp (MCHB) completed the previously announced sale of its Fannie Mae (FNMA) Delegated Underwriting and Servicing business line to Fifth Third (FITB) Bank, National Association for aggreg...
Mechanics Bank Completes Sale of Fannie Mae Delegated Underwriting and Servicing Business Line to Fifth Third Bank
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (Nasdaq: MCHB) announced today that Mechanics Bank, a wholly owned subsidiary, has completed the previously announced sale of its Fannie Mae De...
Mechanics Bancorp price target lowered to $15.50 from $16 at Keefe Bruyette
Keefe Bruyette lowered the firm’s price target on Mechanics Bancorp (MCHB) to $15.50 from $16 and keeps a Market Perform rating on the shares.
Mechanics Bancorp Reports First Quarter 2026 Results
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (Nasdaq: MCHB): First Quarter Highlights $21.4 billion Total Assets $44.1 million Net Income 13.91% CET1 Ratio (1) $12.61 Book Value Per ...
Mechanics Bancorp Announces Date of First Quarter 2026 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 first quarter 2026 financial results will be released...
Cantor Fitzgerald bullish on Mechanics Bancorp, initiates with an Overweight
As previously reported, Cantor Fitzgerald analyst Dave Rochester initiated coverage of Mechanics Bancorp (MCHB) with an Overweight rating and $17 price target The firm says there’s a lot to like
Mechanics Bancorp initiated with an Overweight at Cantor Fitzgerald
Cantor Fitzgerald initiated coverage of Mechanics Bancorp (MCHB) with an Overweight rating and $17 price target
Mechanics Bancorp Declares Cash Dividend
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (Nasdaq: MCHB) today announced it has declared a cash dividend of $0.40 per share of Class A common stock and $4.00 per share of Class B common...
Mechanics Bancorp price target raised to $16 from $15.50 at Keefe Bruyette
Keefe Bruyette raised the firm’s price target on Mechanics Bancorp (MCHB) to $16 from $15.50 and keeps a Market Perform rating on the shares.
Mechanics Bancorp Reports Fourth Quarter and Full Year 2025 Results
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (Nasdaq: MCHB): Fourth Quarter Highlights $22.4 billion Total Assets $124.3 million Net Income 14.07% CET1 Ratio (1) $12.93 Book Value Pe...
Mechanics Bancorp Announces Date of Fourth Quarter 2025 Earnings Release and Conference Call
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp, Inc. (Nasdaq: MCHB), the holding company of Mechanics Bank, today announced that its fourth quarter 2025 financial results will be released be...
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 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 price target raised to $14.50 from $14 at Keefe Bruyette
Keefe Bruyette analyst Woody Lay raised the firm’s price target on Mechanics Bancorp (MCHB) to $14.50 from $14 and keeps a Market Perform rating on the shares. Published first on
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...
Mechanics Bancorp Transcript: AGM 2025
The meeting covered five key proposals related to a merger, stock issuance, and executive compensation, all of which received preliminary shareholder approval. Shareholders participated in a Q&A, with clarification provided on share classes. Final voting results will be filed with the SEC.
Mechanics Bancorp Transcript: AGM 2025
The meeting covered director elections, executive compensation, and auditor ratification, all preliminarily approved. Financial review highlighted a return to profitability in Q1 2025 and a major merger with Mechanics Bank, with a shareholder vote expected in July.
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 Bancorp Transcript: M&A Announcement
The merger creates a leading West Coast regional bank with a $23B asset base, strong core deposit franchise, and significant cost synergies. HomeStreet shareholders gain 23% EPS accretion by 2026, while the combined entity targets a high dividend payout and further M&A.
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.
Mechanics Bancorp Earnings Call Transcript: Q4 2024
Q4 2024 saw a large net loss due to a major multifamily loan sale and tax charges, but core losses improved sequentially. Liquidity and capital ratios strengthened, and management expects a return to profitability in early 2025, driven by lower funding costs and expense control.
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...
Mechanics Bancorp Earnings Call Transcript: Q3 2024
Q3 2024 saw a higher net loss due to lower net interest and non-interest income, but cost reductions and stable asset quality continued. The pending merger faces regulatory hurdles; if terminated, a major multifamily loan sale is planned to restore profitability.