MECHANICS BANCORP CLASS A (MCHB)
Financials · Community and Regional Banking · NASDAQ
A regional community bank with 166 branches across California, Oregon, Washington, and Hawaii, serving consumer and business banking, commercial lending, and wealth management following its 2025 merger with HomeStreet Bank.
What MECHANICS BANCORP CLASS A does
Mechanics Bancorp is a financial holding company and regional community bank with 121 years of history, operating through its wholly-owned subsidiary Mechanics Bank across 166 branches in California, Oregon, Washington, and Hawaii. Following its September 2025 merger with HomeStreet Bank, the company offers a broad range of consumer and business banking products, commercial and residential lending, cash management services, private banking, and wealth management and trust services. The bank focuses on relationship-based lending to commercial clients including manufacturers, distributors, wholesalers, and professional service companies, while also serving retail customers through its branch network and digital banking channels.
Themes: ["Community banking","Commercial lending","Residential mortgage origination","Regional banking / California footprint","Wealth management and private banking","Real estate lending and construction financing"]
Fundamentals
- Price$16.02 as of 2026-07-09 close
- Market cap$3.7B as of 2026-07-10
- 1-year return+17.1% as of 2026-07-09 close
- P/E16.92 as of 2026-07-10
- Net margin+14.9% as of 2026-07-10
- ROE+9.9% as of 2026-07-10
- Debt / equity0.05 as of 2026-07-10
- Revenue growth (YoY)-3.1% as of 2026-07-10
- Beta1.40 as of 2026-07-10
Dividend: yield +11.3%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Credit risk exposure from commercial and real estate lending portfolios, with potential for losses exceeding allowance for credit losses reserves if borrower defaults increase","Interest rate risk and deposit outflows, as demonstrated by 4.2% decline in total deposits ($782M) in Q1 2026 and potential margin compression in rising rate environments","Integration risks and costs from the September 2025 merger with HomeStreet Bank, including operational consolidation and potential customer/employee attrition"]
Competitors & peers
- Fifth Third Bancorp (FITB)
- Comerica (CMA)
- PacWest Bancorp (PACW)
- Western Alliance Bancorporation (WAL)
- Banner Corporation (BANR)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.