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USFinancial Services

Mechanics Bank (MCHB)

US · Financial Services · Banks - Regional

$15.43+0.65%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$261.7M
Revenue YoY
+166.7%
Net profit
$57.7M
EPS
$0.27
EPS estimate
$0.25
Net margin
22.0%

EPS came in at 0.27 against a street estimate of 0.25 — a beat of 8.0%.

Key statistics

Market cap
$3.40B
P/E
11.8
Forward P/E
0.0
P/B
1.27
Book value
$11.62
EPS (TTM)
$1.30
Dividend yield
8.49%
52-week high
$17.11
52-week low
$11.54
50-day MA
$16.22
200-day MA
$15.21
Beta
0.14

Analyst view

with an average price target of $17.50.

From the latest earnings call · 2026-07-29

CONFIDENT MCHB reported $57.7M net income ($0.25/share) with strong deposit franchise and 7% dividend yield. HomeStreet integration substantially complete; expenses tracking to $430M run rate. Margin pressures offset by long-term repricing tailwinds. Q2 2026 MCHB is 4th largest West Coast community bank by deposits (<$250B assets) with highly concentrated California/Pacific presence and strong market share in major MSAs. Analysts pressed on deposit cost trajectory, loan-vs-securities allocation, and M&A appetite. Management emphasized disciplined underwriting, deposit stabilization, and internal optimization over external growth. 2026-07-29…

Full summary in the app.

Shareholding

Insiders
82.08%
Institutions
11.60%

Recent filings & reports

DocumentDate
Company announcement · Q3 2026
MECHANICS BANCORP FORM 8-K SUMMARY HEADLINE NUMBERS • Board of Directors approved cash dividend of $0.25 per share for Class A common stock • Board
2026-08-20
Quarterly report · Q2 2026
MECHANICS BANCORP - FORM 10-Q SUMMARY (Q2 2026) HEADLINE NUMBERS • Total Assets: $21.23 billion as of June 30, 2026 (down from $22.35 billion at Dec
2026-08-07
Results announced · Q3 2026
MECHANICS BANCORP Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Net income: $57.7 million for Q2 2026 ($0.25 per diluted share), up from $44.1 million
2026-07-29
Shareholder vote results · Q2 2026
MECHANICS BANCORP - FORM 8-K SUMMARY HEADLINE NUMBERS • Shares Outstanding (as of April 1, 2026): 220,286,142 shares of Class A common stock and 1,1
2026-06-01
Company announcement · Q2 2026
MECHANICS BANCORP – FORM 8-K SUMMARY HEADLINE NUMBERS • Board of Directors approved a cash dividend of $0.70 per share for Class A common stock • Bo
2026-05-13
Quarterly report · Q1 2026
MECHANICS BANCORP – Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Total Assets: $21,388,955 thousand (March 31, 2026) vs. $22,351,475 thousand (December 3
2026-05-08
Proxy statement · Q2 2026
MECHANICS BANCORP PROXY STATEMENT SUMMARY WHAT SHAREHOLDERS ARE VOTING ON • Proposal 1: Election of Eight Directors – Vote to elect Carl B. Webb (Ex
2026-04-16
Annual report FY2025
MECHANICS BANCORP – 2025 FORM 10-K SUMMARY HEADLINE NUMBERS • Fiscal Year: Annual report for year ended December 31, 2025 • Company: Mechanics Banco
2026-03-17

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$0.25 / share
ex-date Aug 28, 2026 · pay Sep 1, 2026
2026-08-28
Dividend$0.70 / share
ex-date May 22, 2026 · pay May 28, 2026
2026-05-22
Dividend$0.40 / share
ex-date Mar 9, 2026 · pay Mar 19, 2026
2026-03-09
Dividend$0.21 / share
ex-date Dec 8, 2025 · pay Dec 15, 2025
2025-12-08

Deals & corporate news

AnnouncementDate
Sells Fannie Mae DUS business line for approximately $130 million
Mechanics Bancorp agreed to sell its Fannie Mae Delegated Underwriting and Servicing (DUS) mortgage servicing business to Fifth Third Bank for approximately $130 million in cash. The DUS bus
2025-12-09

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Data updated 2026-09-18.