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Mechanics Bancorp

MCHBFinancial ServicesNASDAQ

Banks - Regional

PriceMA150MA200
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Financials · Annual
Revenue
$650.1M
+74.3% YoY
Net Income
$265.7M
+816.4% YoY

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About Mechanics Bancorp

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,. The company carries a $3.26B market cap, placing it firmly in the mid-cap category. 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; residential construction loans; private banking, such as loan program, personal lines of credit and investment management and trust lines of credit.

Key stats
Market Cap$3.26B
Fwd P/E12.17
EPS$-680.31
Beta0.17
52W Change+14.9%
Dividend Yield8.89%
ROE10.3%
Analysis

Mechanics Bancorp holds $536.9M in cash against $219.6M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Return on equity stands at 10.3%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 1.4% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $687.9M (2021) to $650.1M (2025).

The relatively low beta of 0.17 suggests MCHB is a less volatile holding compared to the broader index. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Mechanics Bancorp's trajectory.

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