MCHBMechanics Bancorp
Price
+14%1YEnd-of-day closes, not the intraday tick.
A mixed picture: the questions disagree
Quality shaky, a flag to check, price roughly fair, growing in the filings, the market undecided.
Mechanics Bancorp, a Washington corporation, is a financial holding company and primarily operates through 121-year-old Mechanics Bank, its wholly-owned subsidiary. Mechanics Bank is a full-service community bank with 166 branches throughout California, Washington, Oregon and Hawaii. Following the strategic Merger of HomeStreet Bank with and into Mechanics Bank. Headquartered in Walnut Creek, California, Mechanics Bank provides a wide range of products and services in consumer and business banking, commercial lending, cash management services, private banking, and comprehensive wealth management and trust services.
In the company’s own words · 10-K filed Mar 17, 2026 · SEC EDGAR
Charts
As reported to the SEC, without any scoring.
Mechanics Bancorp (MCHB) reported revenue of $238M in Q2 2026 (quarter ended Jun 30, 2026), up 34% from the same quarter a year earlier. That came with net income of $58M (24% of revenue). For the full year FY2025, revenue was $812M (+10% year on year) and net income $266M. Its largest product in Q2 2026 was Products And Services Service Charges On Deposit Accounts at $6.0M, 44% of the disclosed total, ahead of Products And Services ATM Network Fee Income at 30%. The next results filing is expected around Oct 29, 2026, the same week as a year ago.
What the company said
The company's own words from its current reports to the SEC, newest first
- Sep 17, 2026On September 16, 2026, Mechanics Bancorp issued a press release announcing the completion of the sale by its wholly owned subsidiary, Mechanics Bank, of approximately $417 million of its remaining performing indirect auto loans to Bank of America’s trading desk.Other event · Form 8-K
- Aug 20, 2026On August 19, 2026, the Board of Directors of Mechanics Bancorp approved a cash dividend of $0.25 per share of Class A common stock and $2.50 per share of Class B common stock, each payable on September 1, 2026, to shareholders of record as of the close of business on August 29, 2026.Other event · Form 8-K
- May 13, 2026On May 13, 2026, the Board of Directors of Mechanics Bancorp approved a cash dividend of $0.70 per share of Class A common stock and $7.00 per share of Class B common stock, each payable on May 28, 2026, to shareholders of record as of the close of business on May 23, 2026.Other event · Form 8-K
Quoted from SEC EDGAR filings. A current report is filed within four business days of the event it describes.
Business segments
Jun 2026 · $13.6MThe company’s own SEC segment disclosure.
- Products And Services Service Charges On Deposit Accounts$6.0M44%
- Products And Services ATM Network Fee Income$4.1M30%
- Products And Services Trust Fees And Commissions$3.5M26%
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Each answer with the checks it was read from. Open one for the numbers.
Conflicts between checks are named, never averaged, and thin data says so.
Banks, Regional
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