Mechanics Bancorp (MCHB)

NASDAQ: MCHB · Real-Time Price · USD
14.72
+0.21 (1.45%)
May 29, 2026, 4:00 PM EDT - Market closed
Market Cap3.26B +1,352.3%
Revenue (ttm)687.87M +15.1%
Net Income266.04M +43.0%
EPS1.26 +36.7%
Shares Out 221.40M
PE Ratio12.25
Forward PE13.50
Dividend$1.60 (11.03%)
Ex-Dividend DateMay 22, 2026
Volume577,717
Open14.60
Previous Close14.51
Day's Range14.51 - 14.80
52-Week Range10.60 - 16.03
Beta0.17
AnalystsBuy
Price Target16.50 (+12.09%)
Earnings DateApr 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]

Sector Financials
Founded 1905
Employees 1,890
Stock Exchange NASDAQ
Ticker Symbol MCHB
Full Company Profile

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 Statements

Analyst Summary

According to 3 analysts, the average rating for MCHB stock is "Buy." The 12-month stock price target is $16.5, which is an increase of 12.09% from the latest price.

Price Target
$16.5
(12.09% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Mechanics Bancorp initiated with an Outperform at Raymond James

Raymond James initiated coverage of Mechanics Bancorp (MCHB) with an Outperform rating and $17 price target The West Coast regional bank’s primary growth engine has been M&A and the recently…

1 day ago - TheFly

Mechanics Bancorp Declares Cash Dividend

WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (Nasdaq: MCHB) today announced it has declared a cash dividend of $0.70 per share of Class A common stock and $7.00 per share of Class B common...

16 days ago - Business Wire

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...

Other symbols: FITB
22 days ago - TheFly

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...

22 days ago - Business Wire

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.

25 days ago - TheFly

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 ...

4 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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…

7 weeks ago - TheFly

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

7 weeks ago - TheFly

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.

4 months ago - TheFly

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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-...

6 months ago - Business Wire

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 ...

Other symbols: FITB
6 months ago - Business Wire

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...

7 months ago - Business Wire

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…

7 months ago - TheFly

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...

8 months ago - Business Wire

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...

9 months ago - Business Wire

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.

10 months ago - Transcripts

Mechanics Bancorp Quarterly report: Q2 2025

Mechanics Bancorp has published its Q2 2025 quarterly earnings report on July 28, 2025.

10 months ago - Filings

Mechanics Bancorp Earnings release: Q2 2025

Mechanics Bancorp released its Q2 2025 earnings on July 28, 2025, summarizing the period's financial results.

10 months ago - Filings

Mechanics Bancorp Slides: Q2 2025

Mechanics Bancorp has posted slides in relation to its Q2 2025 quarterly earnings report, which was published on July 28, 2025.

10 months ago - Filings

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.

1 year ago - Transcripts

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 ...

1 year ago - Business Wire

Mechanics Bancorp Quarterly report: Q1 2025

Mechanics Bancorp has published its Q1 2025 quarterly earnings report on April 28, 2025.

1 year ago - Filings