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Mechanics Bank

Mechanics Bank

MCHB · NASDAQ · Financial Services / Banks - Regional

14.40USD+0.02 (+0.14%)

Price History

Full chart

Market Stats

Previous Close14.38
Open14.44
Day Range14.31 – 14.46
52-Week Range11.54 – 17.11
Volume257.58K
Market Cap3.36B
P/E (TTM)11.67
Forward P/E0.00
EPS1.30
Dividend Yield10.28%
Beta0.14
50-Day Avg16.09
200-Day Avg15.22

About

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, retirement accounts, money market accounts, time certificates of deposit, and safe deposit boxes. 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. In addition, it offers unsecured consumer installment loans and personal reserve accounts; automated bill payments, remote and mobile deposit capture, automated clearing house origination, wire transfer, lockbox, payee positive pay, and direct deposit; digital banking. Further, the company provides real estate, escrow services, title, labor unions, nonprofits and property management services. Mechanics Bancorp was founded in 1905 and is headquartered in Walnut Creek, California.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. C. J. Johnson
  • Employees1.76K
  • Headquarters1111 Civic Drive, Walnut Creek, CA, United States, 94596, USA
  • Websitehttps://www.mechanicsbank.com

Leadership

  • Mr. Carl B. WebbExecutive Chairman · b. 1950
  • Mr. C. J. JohnsonPresident & CEO · b. 1984
  • Mr. Nathan J. DudaExecutive VP & CFO · b. 1979
  • Mr. Scott A. GivansExecutive VP & Chief Credit Officer of Mechanics Bank · b. 1962
  • Mr. Christopher D. PierceExecutive VP & COO · b. 1973
  • Mr. Fernando PelayoExecutive VP & Chief Accounting Officer · b. 1978
  • Mr. Todd McGinley C.F.A.Senior VP & Senior Portfolio Manager
  • Mr. Glenn C. ShraderExecutive VP & General Counsel
  • Ms. Kristie S. ShieldsExecutive VP & Chief Compliance Counsel
  • Mr. David LouisSenior VP and Director of Marketing & Communications

Financials

Income Statement

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue135.08M144.16M106.41M110.92M107.41M111.30M118.62M189.62M207.96M170.60M190.53M177.16M303.04M262.65M296.95M414.07M578.22M550.37M301.93M352.11M401.38M364.27M703.83M779.42M589.62M1.03B
Growth (%)-+6.72%-26.19%+4.24%-3.17%+3.63%+6.57%+59.86%+9.67%-17.96%+11.68%-7.02%+71.06%-13.33%+13.06%+39.44%+39.64%-4.82%-45.14%+16.62%+13.99%-9.24%+93.22%+10.74%-24.35%+74.85%
Cost of Revenue46.58M48.32M30.61M-----126.14M233.38M91.87M34.00M31.45M15.43M11.62M22.88M33.59M43.99M64.50M87.72M63.82M2.24M46.46M156.50M215.04M245.56M
Gross Profit88.50M95.84M106.41M110.92M107.41M111.30M118.62M-81.82M-62.78M98.67M143.16M271.60M247.22M285.33M391.19M544.63M506.37M237.44M264.39M337.56M362.03M657.37M622.92M374.58M785.37M
Gross Margin65.51%66.48%100.00%100.00%100.00%100.00%100.00%-39.35%-36.80%51.78%80.81%89.62%94.12%96.09%94.48%94.19%92.01%78.64%75.09%84.10%99.39%93.40%79.92%63.53%76.18%
Operating Expense54.72M58.95M66.23M70.23M71.73M76.17M81.45M-70.19M94.45M132.21M127.26M167.92M212.42M252.01M334.77M453.86M440.18M209.18M215.69M235.66M215.34M355.23M344.98M338.88M465.82M
Operating Income33.77M36.89M40.17M40.69M35.68M35.13M37.17M41.02M11.63M-157.23M-33.55M15.90M103.67M34.79M33.31M56.42M90.78M66.19M28.25M48.71M101.89M146.69M302.13M277.94M35.70M319.55M
Operating Margin25.00%25.59%37.76%36.68%33.22%31.56%31.33%21.63%5.59%-92.16%-17.61%8.98%34.21%13.25%11.22%13.63%15.70%12.03%9.36%13.83%25.39%40.27%42.93%35.66%6.05%31.00%
EBITDA--77.47M70.31M65.87M79.76M99.98M41.02M11.63M-157.23M-33.55M15.90M103.67M34.79M33.31M56.42M90.78M66.19M28.25M48.71M112.61M157.66M333.80M305.93M58.52M330.17M
EBITDA Margin--72.81%63.39%61.33%71.66%84.28%21.63%5.59%-92.16%-17.61%8.98%34.21%13.25%11.22%13.63%15.70%12.03%9.36%13.83%28.06%43.28%47.43%39.25%9.93%32.03%
Net Income20.28M22.16M26.62M26.84M24.11M25.11M26.51M29.01M8.43M-110.28M-34.25M16.12M82.13M23.81M22.26M41.32M58.15M68.95M40.03M39.11M79.99M115.42M216.58M201.91M29.00M265.74M
Net Income Margin15.01%15.38%25.01%24.20%22.45%22.56%22.34%15.30%4.05%-64.64%-17.97%9.10%27.10%9.06%7.50%9.98%10.06%12.53%13.26%11.11%19.93%31.69%30.77%25.91%4.92%25.78%
R&D--------------00000-------
R&D as % of Total Revenue--------------0.00%0.00%0.00%0.00%0.00%-------
Interest Expense0033.76M26.10M26.48M41.01M58.95M-91.72M79.87M54.57M30.70M19.95M14.53M12.62M16.78M29.49M43.24M61.50M88.22M43.35M17.24M19.84M155.75M216.55M226.05M
Interest Expense % of Total Revenue0.00%0.00%31.72%23.53%24.65%36.84%49.70%-44.11%46.82%28.64%17.33%6.58%5.53%4.25%4.05%5.10%7.86%20.37%25.05%10.80%4.73%2.82%19.98%36.73%21.93%

Balance Sheet

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.74B1.90B2.09B2.27B2.47B2.64B2.76B2.71B-3.21B2.49B2.29B2.67B3.11B3.57B4.93B6.29B6.77B7.07B6.86B7.28B7.23B9.41B9.43B16.53B22.47B
Total Liabilities1.57B1.71B1.88B2.05B2.23B2.41B2.50B2.43B-3.12B2.43B2.20B2.37B2.80B3.28B4.47B5.66B6.07B6.33B6.18B6.56B6.52B8.85B8.89B14.23B19.61B
Total Equity169.28M184.76M207.92M224.05M236.62M237.85M253.46M274.56M-91.90M58.79M86.41M263.76M265.93M302.24M465.27M629.28M704.38M739.52M679.72M717.75M715.34M562.15M538.39M2.30B2.86B
Cash62.39M48.20M64.62M61.43M50.68M57.05M63.13M--220.80M76.54M266.40M27.68M36.31M32.90M35.08M56.33M73.92M58.59M57.88M58.05M65.21M72.83M215.66M999.71M1.03B
Total Debt--55.75M55.07M55.47M53.81M52.70M255.92M-744.70M232.73M119.78M320.95M511.40M709.45M1.08B993.53M1.10B1.08B710.33M448.64M167.03M1.28B2.00B56.09M278.81M
Net Debt---8.87M-6.36M4.79M-3.24M-10.43M255.92M-523.89M156.19M-146.63M293.26M475.09M676.54M1.04B937.19M1.03B1.02B652.45M390.59M101.81M1.21B1.79B-943.62M-751.17M

Cash Flow

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow--31.65M37.80M17.50M36.46M45.56M27.28M39.38M-14.25M95.80M22.43M158.50M-13.05M119.32M44.82M-255.04M-160.50M286.01M258.83M-25.55M295.26M318.18M13.72M292.26M193.59M
Investing Cash Flow---150.74M-218.45M-252.23M-167.25M-62.25M34.21M34.30M-401.62M479.75M399.17M-548.58M-142.80M-459.21M-439.97M-609.04M-235.12M-565.20M83.93M-232.62M-665.44M258.06M478.35M476.21M1.55B
Financing Cash Flow--152.51M159.46M178.98M148.16M62.77M-87.92M-961.61M402.29M-203.11M-230.94M257.37M164.48M429.47M412.20M885.33M414.41M263.86M-343.46M258.34M199.71M-1.25B-349.24M-1.23B-1.71B
Capital Expenditure003.86M7.24M5.33M3.74M5.78M5.65M1.78M1.63M260.00K1.76M11.40M22.84M19.90M20.56M24.48M42.29M9.72M2.26M3.30M7.24M9.49M3.81M6.37M6.51M
Free Cash Flow--27.79M30.56M12.17M32.71M39.78M21.64M37.60M-15.88M95.54M20.67M147.10M-35.89M99.42M24.26M-279.53M-202.79M276.29M256.57M-28.84M288.02M308.70M9.91M285.89M187.08M
Dividends Paid--7.40M8.00M8.00M7.91M7.75M7.75M3.04M---12.11M6.40K1.63M2.13K00216.99M216.99M13.87M216.99M235.04M12.32M94.99M48.56M
FCF to OCF--87.82%80.86%69.53%89.74%87.32%79.31%95.48%111.43%99.73%92.16%92.81%274.96%83.32%54.13%109.60%126.35%96.60%99.13%112.91%97.55%97.02%72.22%97.82%96.64%
Dividend Paid to FCF--26.63%26.18%65.73%24.17%19.49%35.83%8.07%---8.23%-0.02%1.64%0.01%0.00%0.00%78.54%84.57%-48.07%75.34%76.14%124.31%33.23%25.96%

Earnings

Report DateDec 31, 2010Apr 30, 2012Jul 30, 2012Oct 29, 2012Feb 4, 2013Apr 29, 2013Jul 29, 2013Oct 28, 2013Jan 28, 2014Apr 29, 2014Jul 28, 2014Oct 28, 2014Jan 26, 2015Apr 28, 2015Jul 24, 2015Oct 26, 2015Jan 26, 2016Apr 25, 2016Jul 25, 2016Oct 24, 2016Jan 23, 2017Apr 24, 2017Jul 24, 2017Oct 23, 2017Jan 22, 2018Apr 23, 2018Jul 23, 2018Oct 22, 2018Jan 22, 2019Apr 30, 2019Jul 22, 2019Oct 21, 2019Jan 27, 2020Apr 27, 2020Jul 27, 2020Oct 26, 2020Jan 25, 2021Apr 26, 2021Jul 26, 2021Oct 25, 2021Jan 24, 2022Apr 25, 2022Jul 25, 2022Oct 24, 2022Jan 27, 2023Apr 24, 2023Jul 28, 2023Oct 30, 2023Jan 29, 2024Apr 29, 2024Jul 29, 2024Oct 29, 2024Jan 27, 2025Apr 28, 2025Jul 28, 2025Oct 30, 2025Jan 30, 2026Apr 30, 2026Jul 29, 2026Oct 29, 2026
EPS Estimate-1.340.830.961.220.880.870.440.020.110.550.280.280.240.730.550.270.380.700.770.360.250.610.380.450.320.300.410.360.310.530.330.430.310.310.831.071.121.161.121.310.950.961.020.750.400.190.050.02-0.11-0.28-0.24-0.19-0.070.040.560.260.260.250.28
EPS Actual222.031.781.221.451.460.930.820.110.120.190.650.330.410.670.650.420.390.410.901.120.100.330.420.610.420.210.460.450.360.300.130.520.610.340.861.231.471.351.371.311.431.010.941.080.450.270.170.12-0.12-0.29-0.23-0.32-0.27-0.15-0.160.280.590.240.27-
Surprise-32.84%46.99%51.04%19.67%5.68%-5.75%-75.00%500.00%72.73%18.18%17.86%46.43%179.17%-10.96%-23.64%44.44%7.89%28.57%45.45%-72.22%32.00%-31.15%60.53%-6.67%-34.38%53.33%9.76%0.00%-3.23%-75.47%57.58%41.86%9.68%177.42%48.19%37.38%20.54%18.10%16.96%9.16%6.32%-2.08%5.88%-40.00%-32.50%-10.53%140.00%-700.00%-163.64%17.86%-33.33%-42.11%-114.29%-500.00%-50.00%126.92%-7.69%8.00%-
Timing-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap3.36B
Enterprise Value3.20B
Trailing P/E11.67
Forward P/E0.00
PEG Ratio0.00
Price / Sales4.52
Price / Book1.23
EPS1.30
Book Value11.62
Revenue (TTM)742.47M
Gross Profit (TTM)742.47M
Profit Margin37.88%
Operating Margin46.84%
Return on Equity11.02%
Return on Assets1.49%
Shares Outstanding220.31M
Shares Float49.21M
Beta0.14
Dividend Yield10.28%
Dividend Rate1.56
Payout Ratio113.04%

Ownership Breakdown

Institutions
11.61%
Insiders
82.08%
Retail / Other
6.31%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    1.06M0.48%
  • iShares Russell 2000 ETF
    1.02M0.46%
  • WisdomTree US SmallCap Dividend ETF
    799.51K0.36%
  • State Street® SPDR® S&PRgnllBkgETF
    605.11K0.27%
  • Fidelity Small Cap Index
    453.26K0.20%
  • iShares Russell 2000 Value ETF
    389.18K0.18%
  • Mercer Global Small Cap Equity M-5£
    312.30K0.14%
  • Fidelity Extended Market Index
    241.65K0.11%
  • Vanguard Russell 2000 ETF
    230.98K0.10%
  • Nordea 1 - Global Small Cap BI USD
    198.62K0.09%
  • WisdomTree US High Dividend ETF
    165.00K0.07%
  • Fidelity Nasdaq Composite Index
    137.66K0.06%
  • Fidelity Total Market Index
    100.29K0.05%

Dividends

20263×
0.25Aug 28, 20260.70May 22, 20260.40Mar 9, 2026
20251×
0.21Dec 8, 2025
20242×
467.00Sep 9, 20241012.00Mar 15, 2024
20236×
0.10Nov 7, 2023713.00Aug 9, 20230.10Aug 8, 20230.10May 9, 2023935.00Feb 23, 20230.35Feb 7, 2023
20228×
1168.00Nov 16, 20220.35Nov 7, 20221168.00Aug 17, 20220.35Aug 8, 20221012.00May 17, 20220.35May 9, 2022312.00Feb 25, 20220.35Feb 8, 2022
20214×
0.25Nov 8, 2021810.00Nov 5, 20210.25Aug 9, 20212569.00Jul 30, 2021

Stock Splits

  • Nov 8, 20122:1
  • Mar 9, 20122:1