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MCHB Overview

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0.000(0.000%)Aft-market
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0.000
0.000(0.000%)
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High
15.720
Open
15.720
VWAP
15.40
Vol
449.13K
Mkt Cap
3.39B
Low
15.180
Amount
6.92M
EV/EBITDA(TTM)
17.48
Total Shares
221.39M
EV
2.73B
EV/OCF(TTM)
--
P/S(TTM)
2.97
Mechanics Bancorp, formerly HomeStreet, Inc., is the holding company of Mechanics Bank (the Bank), which operates as a full-service bank. The Bank offers 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. Its Personal Banking services include Checking, Savings, and Debit Cards. Its Digital Banking services include Online Banking, Mobile Banking, Digital Wallet, and Money Management. Its Commercial Lending services include Term Loans & Lines of Credit, Multi-Family Lending, Commercial Real Estate, Owner Occupied Real Estate, Equipment Financing, and Trade Services & Letters of Credit. Its Treasury Management services include Payable Solutions, Receivable Solutions, Fraud Prevention, and Cash Management. Its Business Solutions include Merchant Services, Payroll, Business Credit Cards, Workplace Benefit Plans, and Loan Payoff Demand.
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Events Timeline

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News

NASDAQ.COM
6.5
04-10NASDAQ.COM
Mechanics Bank Trust Sells Shares of Mechanics Bancorp
  • Share Reduction Details: Mechanics Bank Trust sold 1,121,270 shares of Mechanics Bancorp in Q1 2026, with an estimated trade value of $16.8 million, representing 2.3% of its reportable AUM, indicating a strategic rebalancing of its portfolio.
  • Post-Trade Valuation: After the sale, Mechanics Bank Trust retains 2,301,961 shares valued at approximately $33.95 million, suggesting that despite the significant trim, the trust maintains a substantial investment in the company, reflecting ongoing confidence in its growth prospects.
  • Financial Performance Highlights: Mechanics Bancorp reported a net income of $124.3 million in Q4 2025, more than doubling the previous quarter, driven by the HomeStreet merger, with management targeting around $300 million in net income for 2026, showcasing robust earnings potential.
  • Dividend Payment Outlook: The recent declared dividend of $0.40 per share translates to a forward yield of about 10.4%, but management plans to adjust the payout to approximately 80% of earnings, likely normalizing the yield to between 6.5% and 7%, still above the regional bank average.
Fool
6.5
04-10Fool
Mechanics Bank Trust Sells Shares of Mechanics Bancorp Amid Strong Performance
  • Share Reduction Scale: On April 9, 2026, Mechanics Bank Trust Department reported selling 1,121,270 shares of Mechanics Bancorp (MCHB) in its SEC filing, with an estimated transaction value of $16.8 million, reflecting a strategic move to rebalance its investment portfolio.
  • Holding Proportion Change: Following this sale, Mechanics Bank Trust's stake in Mechanics Bancorp decreased to 4.7%, yet it still retains nearly 2.3 million shares valued at approximately $34 million, indicating ongoing confidence in the company.
  • Strong Financial Performance: Mechanics Bancorp reported a net income of $124.3 million in Q4 2025, more than doubling the previous quarter, driven by the merger with HomeStreet Bank, with projected annualized earnings of around $300 million by Q4 2026, showcasing robust growth potential.
  • Dividend Yield Analysis: The latest declared dividend of $0.40 per share translates to a forward yield of about 10.4% at the current share price; however, management anticipates normalizing the dividend to around $1.06 per share, which still exceeds the regional bank peer average, indicating a sustainable yet lower payout in the future.
seekingalpha
8.0
02-28seekingalpha
Mechanics Bancorp Declares Cash Dividend and Stock Dividend
  • Cash Dividend Announcement: Mechanics Bancorp declares a cash dividend of $0.40 per share, reflecting the company's strong financial performance and commitment to shareholder returns, which is expected to boost investor confidence and attract more investments.
  • Stock Dividend Declaration: Additionally, the company announces a $4.00 per share dividend of Class B common stock, further enhancing shareholder returns and demonstrating robust strategies in profitability and capital management.
  • Dividend Payment Timeline: Both dividends are set to be paid on March 19, with a record date of March 9 and an ex-dividend date also on March 9, ensuring shareholders receive timely benefits and enhancing the company's appeal in capital markets.
  • Earnings Beat Expectations: Mechanics Bancorp reports a GAAP EPS of $0.54, exceeding expectations by $0.32, with revenue of $259.99 million surpassing forecasts by $52.64 million, showcasing the company's competitiveness and growth potential in the market.
Newsfilter
8.0
02-27Newsfilter
Mechanics Bancorp Declares Cash Dividend
  • Dividend Announcement: Mechanics Bancorp has declared a cash dividend of $0.40 per share for Class A common stock and $4.00 per share for Class B common stock, payable on March 19, 2026, to shareholders of record as of March 9, 2026, reflecting the company's commitment to shareholder returns.
  • Company Overview: Headquartered in Walnut Creek, California, Mechanics Bancorp is the financial holding company for Mechanics Bank, which boasts $22.4 billion in assets as of December 31, 2025, and operates 166 branches across California, Oregon, Washington, and Hawaii, showcasing its strong market presence on the West Coast.
  • Diverse Service Offerings: Founded in 1905, the bank aims to help families, businesses, and communities thrive by offering a wide range of products and services, including consumer and business banking, commercial lending, cash management, private banking, and comprehensive wealth management and trust services to meet various client needs.
  • Future Outlook: By maintaining consistent cash dividends and robust asset management, Mechanics Bancorp aims to bolster investor confidence and attract more attention from investors, further solidifying its position in the financial services industry.
Fool
6.5
02-20Fool
Mendon Capital Sells Shares of Mechanics Bancorp
  • Share Sale Details: On February 18, 2026, Mendon Capital Advisors disclosed the sale of 328,337 shares of Mechanics Bancorp, with an estimated trade value of $4.56 million, indicating a strategic reduction in its holdings.
  • Position Value Change: The fund's quarter-end position value in Mechanics Bancorp decreased by $3.41 million, reflecting both trading activities and stock price fluctuations, highlighting market volatility concerns surrounding the stock.
  • Ownership Adjustment: Post-sale, Mendon's stake in Mechanics Bancorp now represents 3.15% of reportable assets, indicating a significant but not complete exit, suggesting ongoing interest in the company.
  • Market Performance Analysis: As of February 18, 2026, Mechanics Bancorp shares were priced at $15.19, up 45.2% year-over-year, outperforming the S&P 500 by 33 percentage points, demonstrating the company's strong market performance and stable revenue generation.
seekingalpha
9.5
01-30seekingalpha
Mechanics Bancorp Q4 Earnings Exceed Expectations
  • Strong Earnings Performance: Mechanics Bancorp reported a Q4 GAAP EPS of $0.54, beating expectations by $0.32, which highlights a significant improvement in profitability and boosts investor confidence.
  • Substantial Revenue Growth: The company achieved revenues of $259.99 million, a 76.9% year-over-year increase, exceeding expectations by $52.64 million, indicating robust business expansion and strong market demand, further solidifying its market position.
  • Deposit Trends: Total deposits stood at $19.0 billion as of December 31, 2025, down from $19.5 billion on September 30, 2025, yet up from $13.9 billion a year earlier, reflecting a continued expansion of the customer base.
  • Improved Credit Loss Allowance: The allowance for credit losses to total loans decreased to 1.08% from 1.16% in the prior quarter, indicating effective risk management and enhancing the company's financial stability.
Wall Street analysts forecast MCHB stock price to rise
1 Analyst Rating
Wall Street analysts forecast MCHB stock price to rise
0 Buy
1 Hold
0 Sell
Hold
Current: 0.000
sliders
Low
14.50
Averages
14.50
High
14.50
Current: 0.000
sliders
Low
14.50
Averages
14.50
High
14.50
Cantor Fitzgerald
initiated
$17
AI Analysis
2026-04-10
New
Reason
Cantor Fitzgerald
Price Target
$17
AI Analysis
2026-04-10
New
initiated
Reason
Cantor Fitzgerald initiated coverage of Mechanics Bancorp with an Overweight rating and $17 price target.
Cantor Fitzgerald
Dave Rochester
Overweight
initiated
$17
2026-04-10
New
Reason
Cantor Fitzgerald
Dave Rochester
Price Target
$17
2026-04-10
New
initiated
Overweight
Reason
As previously reported, Cantor Fitzgerald analyst Dave Rochester initiated coverage of Mechanics Bancorp with an Overweight rating and $17 price target. The firm says there's a lot to like about the franchise management has built over the years, which it considers to be one of the premier West Coast community banks. Cantor views 2026 as a year for business plan execution, including deal integration with cost savings realization, driving growth in the wealth management business and higher-quality deposits, and the continuation of an above-peer dividend yield, all of which should support share price upside despite the continued loan run-off headwind.
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Valuation Metrics

The current forward P/E ratio for Mechanics Bancorp (MCHB.O) is 0.00, compared to its 5-year average forward P/E of 15.05. For a more detailed relative valuation and DCF analysis to assess Mechanics Bancorp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
15.05
Current PE
0.00
Overvalued PE
35.01
Undervalued PE
-4.91

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
3.19
Current EV/EBITDA
5.61
Overvalued EV/EBITDA
7.97
Undervalued EV/EBITDA
-1.59

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.40
Current PS
3.78
Overvalued PS
4.01
Undervalued PS
0.79

Financials

AI Analysis
Annual
Quarterly

Whales Holding MCHB

F
Ford Financial Fund
Holding
MCHB
+5.96%
3M Return
C
Centerbook Partners LP
Holding
MCHB
-4.66%
3M Return
C
Composition Wealth, LLC
Holding
MCHB
-4.82%
3M Return

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Frequently Asked Questions

What is Mechanics Bancorp (MCHB) stock price today?

The current price of MCHB is 15.29 USD — it has decreased -0.91

What is Mechanics Bancorp (MCHB)'s business?

Mechanics Bancorp, formerly HomeStreet, Inc., is the holding company of Mechanics Bank (the Bank), which operates as a full-service bank. The Bank offers 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. Its Personal Banking services include Checking, Savings, and Debit Cards. Its Digital Banking services include Online Banking, Mobile Banking, Digital Wallet, and Money Management. Its Commercial Lending services include Term Loans & Lines of Credit, Multi-Family Lending, Commercial Real Estate, Owner Occupied Real Estate, Equipment Financing, and Trade Services & Letters of Credit. Its Treasury Management services include Payable Solutions, Receivable Solutions, Fraud Prevention, and Cash Management. Its Business Solutions include Merchant Services, Payroll, Business Credit Cards, Workplace Benefit Plans, and Loan Payoff Demand.

What is the price predicton of MCHB Stock?

Wall Street analysts forecast MCHB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MCHB is14.50 USD with a low forecast of 14.50 USD and a high forecast of 14.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Mechanics Bancorp (MCHB)'s revenue for the last quarter?

Mechanics Bancorp revenue for the last quarter amounts to 185.98M USD, decreased -470.39

What is Mechanics Bancorp (MCHB)'s earnings per share (EPS) for the last quarter?

Mechanics Bancorp. EPS for the last quarter amounts to 0.56 USD, decreased -108.56

How many employees does Mechanics Bancorp (MCHB). have?

Mechanics Bancorp (MCHB) has 1921 emplpoyees as of April 13 2026.

What is Mechanics Bancorp (MCHB) market cap?

Today MCHB has the market capitalization of 3.39B USD.