Mechanics Bank (NASDAQ: MCHB) is a Financial Services company in the Banks - Regional industry. QuoTrend tracks its price, financials, earnings, analyst ratings and insider trades.
| Index | - | P/E | 13.35 | EPS (ttm) | 1.25 | Insider Own | 43.70% | Shs Outstand | 220.29M | Perf Week | 5.37% |
| Market Cap | 3.68B | Forward P/E | 13.87 | EPS next Y | 1.20 | Insider Trans | 0.00% | Shs Float | 39.14M | Perf Month | 2.96% |
| Enterprise Value | 3.35B | PEG | 0.76 | EPS next Q | 0.27 | Inst Own | - | Short Float | 1.54% | Perf Quarter | 15.74% |
| Income | 281.00M | P/S | 3.47 | EPS this Y | -18.13% | Inst Trans | - | Short Ratio | 6.97 | Perf Half Y | 6.37% |
| Sales | 1.06B | P/B | 1.37 | EPS next Y | 17.59% | ROA | 1.32% | Short Interest | 3.40M | Perf YTD | 14.08% |
| Book/sh | 12.21 | P/C | 0.79 | EPS next 5Y | 17.59% | ROE | 10.12% | 52W High | 17.19 -2.91% | Perf Year | 29.28% |
| Cash/sh | 21.21 | P/FCF | 17.87 | EPS past 3/5Y | 7.28% 28.16% | ROIC | 1.43% | 52W Low | 12.50 33.52% | Perf 3Y | 66.24% |
| Dividend Est. | 0.70 (4.19%) | EV/EBITDA | 9.72 | Sales past 3/5Y | 13.56% 20.79% | Gross Margin | 73.12% | Volatility | 2.59% 2.63% | Perf 5Y | -54.73% |
| Dividend TTM | 1.31 (7.85%) | EV/Sales | 3.16 | EPS Y/Y TTM | 861.54% | Oper. Margin | 31.51% | ATR (14) | 0.43 | Perf 10Y | -22.01% |
| Dividend Ex-Date | May 22, 2026 | Quick Ratio | 231.49 | Sales Y/Y TTM | 79.66% | Profit Margin | 26.53% | RSI (14) | 60.19 | Recom | 2.70 |
| Dividend Gr. 3/5Y | -46.87% -18.94% | Current Ratio | 231.49 | EPS Q/Q | 268.75% | SMA20 | 3.07% | Beta | 1.36 | Target Price | 17.00 |
| Payout | 50.18% | Debt/Eq | 0.10 | Sales Q/Q | 167.35% | SMA50 | 7.17% | Rel Volume | 0.92 | Prev Close | 17.01 |
| Employees | 1,921 | LT Debt/Eq | 0.05 | Earnings | Oct 29 | SMA200 | 12.64% | Avg Volume | 571.70K | Price | 16.69 |
| IPO Date | May 01, 2007 | Option/Short | Yes / Yes | EPS/Sales Surpr. | 8.00% 0.82% | Net Debt/EBITDA | -1.00 | Volume | 524,531 | Change | -1.88% |
| Date | Action | Analyst | Rating | Target |
|---|---|---|---|---|
| May-28-26 | Initiated | Raymond James | Outperform | $17 |
| May-28-26 | Reiterated | Stifel Nicolaus | $17 | |
| Apr-10-26 | Initiated | Cantor Fitzgerald | $17 | |
| Nov-05-24 | Upgrade | Wedbush | Neutral → Outperform | |
| Jun-20-24 | Reiterated | Janney Montgomery | $14 | |
| Apr-26-23 | Downgrade | Wedbush | Outperform → Neutral | |
| Feb-01-23 | Upgrade | Piper Sandler | Underweight → Neutral | |
| Jan-31-23 | Downgrade | Keefe, Bruyette & Woods | Outperform → Market Perform | |
| Jun-14-22 | Downgrade | B. Riley Securities | Buy → Neutral | |
| May-05-22 | Downgrade | Piper Sandler | Neutral → Underweight |
Mechanics Bank delivers a comprehensive suite of financial solutions, catering to the diverse needs of individual clients and small to mid-sized businesses. Its foundational offerings include a variety of checking and savings accounts. Beyond core deposit services, the bank provides an extensive portfolio of lending options, encompassing personal loans for homes and automobiles, various business financing such as term loans, lines of credit, equipment financing, and Small Business Administration (SBA) loans. It also specializes in multi-family, commercial, and owner-occupied real estate lending. The institution further supports its clients with credit and debit cards, sophisticated payable and receivable solutions, robust fraud prevention, and comprehensive cash management services. For businesses, it delivers merchant and payroll services, Paycheck Protection Program (PPP) solutions, and workplace benefit plans. Additional specialized services span foreign currency exchange, cashier's checks, wire transfers, overdraft protection, deposit and treasury services, alongside sophisticated wealth management offerings like trust and estate planning, investment and asset management, and retirement planning. Convenience is enhanced through its online and mobile banking platforms. The bank operates an extensive network of 115 branch locations strategically positioned across key Californian regions, including the Greater San Francisco, Sacramento, Los Angeles, and San Diego areas, as well as the Central Valley. Established in 1905, Mechanics Bank is headquartered in Walnut Creek, California.
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| Line Item (USD, M) | TTM — | FY 2025 12/31/2025 | FY 2024 12/31/2024 | FY 2023 12/31/2023 | FY 2022 12/31/2022 | FY 2021 12/31/2021 | FY 2020 12/31/2020 | FY 2019 12/31/2019 | FY 2018 12/31/2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,060 | 1,031 | 590 | 779 | 704 | 364 | 401 | 352 | 302 | |
| Cost of Goods Sold Incl. D&A | 285 | 246 | 215 | 156 | 46 | 2 | 64 | 88 | 64 | |
| Gross Profit | 775 | 785 | 375 | 623 | 657 | 362 | 338 | 264 | 237 | |
| Selling, General and Administrative Excl. Other | 315 | 231 | 209 | 214 | 220 | 145 | 161 | 144 | 137 | |
| Research and Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Other Operating Expense | 127 | 235 | 130 | 131 | 135 | 70 | 75 | 72 | 72 | |
| Operating Income | 334 | 320 | 36 | 278 | 302 | 147 | 102 | 49 | 28 | |
| Interest Expense | 257 | 226 | 217 | 156 | 20 | 17 | 43 | 88 | 61 | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | 263 | 226 | 217 | 156 | 20 | 17 | 43 | 88 | 61 | |
| Net Income Before Taxes | 340 | 320 | 36 | 278 | 302 | 147 | 102 | 49 | 28 | |
| Income Taxes | 60 | 54 | 7 | 76 | 86 | 31 | 22 | 8 | 2 | |
| Consolidated Net Income | 281 | 266 | 29 | 202 | 217 | 115 | 80 | 39 | 40 | |
| Net Income From Continuing Operations | 281 | 266 | 29 | 202 | 217 | 115 | 80 | 41 | 26 | |
| Net Income | 281 | 266 | 29 | 202 | 217 | 115 | 80 | 39 | 40 | |
| EPS (Recurring) | 1.25 | 1.22 | 0.13 | 0.91 | 0.98 | 0.55 | 0.35 | 0.15 | 0.15 | |
| EPS (Basic, Before Extraordinaries) | 1.25 | 1.22 | 0.13 | 0.91 | 0.98 | 0.55 | 0.35 | 0.15 | 0.15 | |
| EPS (Diluted) | 1.25 | 1.21 | 0.13 | 0.91 | 0.98 | 0.55 | 0.35 | 0.15 | 0.15 | |
| EBITDA | 345 | 330 | 59 | 306 | 334 | 158 | 113 | 49 | 28 | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | 13.35 | 12.09 | 87.85 | 11.32 | 28.14 | 94.55 | 96.43 | 226.67 | 141.53 | |
| Price To Sales Ratio | 3.65 | 3.11 | 4.10 | 0.25 | 0.74 | 3.00 | 1.94 | 2.51 | 1.90 | |
| Gross Margin | 73.11 | 76.14 | 63.56 | 79.97 | 93.32 | 99.45 | 84.29 | 75.00 | 78.48 | |
| Operating Margin | 31.51 | 31.04 | 6.10 | 35.69 | 42.90 | 40.38 | 25.44 | 13.92 | 9.27 | |
| Net Margin | 26.51 | 25.80 | 4.92 | 25.93 | 30.82 | 31.59 | 19.95 | 11.08 | 13.25 | |
| Shares Outstanding | 232 | 219 | 212 | 19 | 19 | 21 | 23 | 26 | 27 | |
| Market Capitalization | 3,872 | 3,204 | 2,421 | 196 | 524 | 1,092 | 776 | 884 | 573 | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| Downer Edward Michael | Director | Jun 15 '26 | Sale | 15.13 | 2 | 30 | 1,121,268 | Jun 17 |
| Downer Edward Michael | Director | May 27 '26 | Option Exercise | 0.00 | 3,301 | 0 | 1,511,898 | May 29 |
| Cochran Patricia | Director | May 27 '26 | Option Exercise | 0.00 | 3,301 | 0 | 13,204 | May 29 |
| Wilcox Jon R | Director | May 27 '26 | Option Exercise | 0.00 | 3,301 | 0 | 13,204 | May 29 |
| Downer Douglas E | Director | May 27 '26 | Option Exercise | 0.00 | 3,301 | 0 | 2,317,764 | May 29 |
| Crowe Adrienne Y | Director | May 27 '26 | Option Exercise | 0.00 | 3,301 | 0 | 13,204 | May 29 |
| Duda Nathan | EVP & CFO | Feb 15 '26 | Option Exercise | 0.00 | 2,571 | 0 | 34,168 | Feb 18 |
| Pelayo Fernando | EVP & Chief Accounting Officer | Feb 15 '26 | Option Exercise | 0.00 | 2,506 | 0 | 14,094 | Feb 18 |
| Shrader Glenn C | EVP & General Counsel | Feb 15 '26 | Option Exercise | 0.00 | 7,197 | 0 | 15,856 | Feb 18 |
| Shields Kristie S | EVP & Chief Compliance Counsel | Feb 15 '26 | Option Exercise | 0.00 | 8,274 | 0 | 19,310 | Feb 18 |
| Givans Scott A. | EVP & Chief Credit Officer | Feb 15 '26 | Option Exercise | 0.00 | 4,164 | 0 | 33,278 | Feb 18 |
| Kallingal Tony P | EVP & Chief Banking Officer | Feb 15 '26 | Option Exercise | 0.00 | 4,580 | 0 | 30,429 | Feb 18 |
| Pierce Christopher D | EVP & Chief Operating Officer | Feb 15 '26 | Option Exercise | 0.00 | 4,580 | 0 | 32,757 | Feb 18 |
| MICHEL JOHN | EVP, Chief Financial Officer | Jan 01 '25 | Option Exercise | 0.00 | 7,932 | 0 | 57,149 | Jan 03 |
| MASON MARK K | CEO, President | Jan 01 '25 | Option Exercise | 0.00 | 23,100 | 0 | 204,761 | Jan 03 |