Mechanics Bank logo

Mechanics Bank

MCHB

NASDAQFinancial ServicesBanks - Regional

Latest quote

$16.21

−$0.17 · -1.04%

Aug 21, 3:55 PM ET

MCHB company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

91

Deep Value

Momentum

54

Neutral

Sentiment

57

Mixed

Risk resilience

77

Moderate Risk

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Company profile

Company website

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.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
US
CEO
C. J. Johnson
Listed since
May 1, 2007
Employees
1,756

Market position

Volume
461.23K
0.85× average
Average volume
544.9K
Average daily volume
Market cap
3.57B USD
Beta
0.15
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.45B USD
P/E (TTM)
12.96×
P/B (TTM)
1.4×
P/S (TTM)
3.37×
EV / EBITDA
7.41×
Earnings yield
8.31%
Free cash flow yield
5.85%
Dividend yield
8.09%

Profitability & efficiency

Gross margin
73.12%
Operating margin
31.51%
Net margin
26.53%
Return on equity
9.28%
Return on assets
1.18%
Return on invested capital
1.18%

Financial health

Debt / equity
0.08×
Current ratio
8.2×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends109%71%33%-5%Gross margin, FY2021: 99.39%Gross margin, FY2022: 93.40%Gross margin, FY2023: 79.92%Gross margin, FY2024: 63.53%Gross margin, FY2025: 76.18%Operating margin, FY2021: 40.27%Operating margin, FY2022: 42.93%Operating margin, FY2023: 35.66%Operating margin, FY2024: 6.05%Operating margin, FY2025: 31.00%Net margin, FY2021: 31.69%Net margin, FY2022: 30.77%Net margin, FY2023: 25.91%Net margin, FY2024: 4.92%Net margin, FY2025: 25.78%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 99.39%. Gross margin FY2022 93.40%. Gross margin FY2023 79.92%. Gross margin FY2024 63.53%. Gross margin FY2025 76.18%. Operating margin FY2021 40.27%. Operating margin FY2022 42.93%. Operating margin FY2023 35.66%. Operating margin FY2024 6.05%. Operating margin FY2025 31.00%. Net margin FY2021 31.69%. Net margin FY2022 30.77%. Net margin FY2023 25.91%. Net margin FY2024 4.92%. Net margin FY2025 25.78%.

Income trends

Revenue

1.03B USD+74.85%

Operating income

319.55M USD+795.17%

Net income

265.74M USD+816.37%
Income trends across reported periods1.13B USD730.35M USD329.58M USD−71.19M USDRevenue, FY2021: 364.27M USDRevenue, FY2022: 703.83M USDRevenue, FY2023: 779.42M USDRevenue, FY2024: 589.62M USDRevenue, FY2025: 1.03B USDOperating income, FY2021: 146.69M USDOperating income, FY2022: 302.13M USDOperating income, FY2023: 277.94M USDOperating income, FY2024: 35.7M USDOperating income, FY2025: 319.55M USDNet income, FY2021: 115.42M USDNet income, FY2022: 216.58M USDNet income, FY2023: 201.91M USDNet income, FY2024: 29M USDNet income, FY2025: 265.74M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 364.27M USD. Revenue FY2022 703.83M USD. Revenue FY2023 779.42M USD. Revenue FY2024 589.62M USD. Revenue FY2025 1.03B USD. Operating income FY2021 146.69M USD. Operating income FY2022 302.13M USD. Operating income FY2023 277.94M USD. Operating income FY2024 35.7M USD. Operating income FY2025 319.55M USD. Net income FY2021 115.42M USD. Net income FY2022 216.58M USD. Net income FY2023 201.91M USD. Net income FY2024 29M USD. Net income FY2025 265.74M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.03B USD589.62M USD779.42M USD703.83M USD364.27M USD
Cost of goods sold245.56M USD215.04M USD156.5M USD46.46M USD2.24M USD
Gross profit785.37M USD374.58M USD622.92M USD657.37M USD362.03M USD
Selling, general, and administrative231.45M USD209.07M USD213.58M USD219.85M USD144.87M USD
Operating expenses465.82M USD338.88M USD344.98M USD355.23M USD215.34M USD
Interest income811.76M USD735.72M USD718.96M USD651.07M USD244.3M USD
Interest expense226.05M USD216.55M USD155.75M USD19.84M USD17.24M USD
Depreciation and amortization10.62M USD22.82M USD27.99M USD31.66M USD10.97M USD
Operating income319.55M USD35.7M USD277.94M USD302.13M USD146.69M USD
Net income265.74M USD29M USD201.91M USD216.58M USD115.42M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 7 misses, 0 met estimates
Average EPS surprise
-34.82%
11 comparable reports
Latest EPS result
0.27
Estimate 0.25 · Beat by 8.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.630.31-0.02-0.34Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 27, 2025: actual -0.27, estimate -0.22, surprise -22.73%, Miss. Q2 2025, reported Apr 28, 2025: actual -0.15, estimate -0.07, surprise -114.29%, Miss. Q3 2025, reported Jul 28, 2025: actual -0.16, estimate 0.05, surprise -420.00%, Miss. Q4 2025, reported Oct 27, 2025: actual 0.25, estimate -0.03, surprise +933.33%, Beat. Q1 2026, reported Jan 30, 2026: actual 0.56, estimate 0.26, surprise +115.38%, Beat. Q2 2026, reported Apr 30, 2026: actual 0.21, estimate 0.26, surprise -19.23%, Miss. Q3 2026, reported Jul 29, 2026: actual 0.27, estimate 0.25, surprise +8.00%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 0.27, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates277.56M196.46M115.36M34.26MQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 27, 2025: actual 40.31M USD, estimate 41.11M USD, surprise -1.94%, Miss. Q2 2025, reported Apr 28, 2025: actual 45.36M USD, estimate 46.61M USD, surprise -2.69%, Miss. Q3 2025, reported Jul 28, 2025: actual 48.97M USD, estimate 48.2M USD, surprise +1.60%, Beat. Q4 2025, reported Oct 27, 2025: actual 255.45M USD, estimate 48.1M USD, surprise +431.08%, Beat. Q1 2026, reported Jan 30, 2026: actual 259.99M USD, estimate 48.4M USD, surprise +437.16%, Beat. Q2 2026, reported Apr 30, 2026: actual 200.07M USD, estimate 258.16M USD, surprise -22.50%, Miss. Q3 2026, reported Jul 29, 2026: actual 200.97M USD, estimate 199.33M USD, surprise +0.82%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 202.71M USD, surprise —, Comparison unavailable.

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