Mechanics Bancorp - Class A opened higher at $14.58, compared with its previous close of $14.56. In the last trading session, the stock traded between $14.38 and $14.86. It showed a downward intraday trend.
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An investment of $100 made 2 years ago in Mechanics Bancorp - Class A is now worth
$ 0.06
Resulting in a loss of
$ 99.94 (99.94%)
Invest with $1
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Keefe, Bruyette & Woods maintains Market Perform rating on Mechanics Bancorp. Price target lowered from $16 to $15.5. Analyst Woody Lay revised the valuation ceiling by $0.50.
7 days ago
15Oct
Mechanics Bancorp Q3FY26 Results: Earnings release set for Oct 28, 2026
Mechanics Bancorp will release Q3FY26 results on October 28, 2026. Conference call scheduled for October 29 at 11:00 am ET. Bank holds $21.2 billion in assets as of June 30, 2026. Operations span 166 branches across four US states.
29 days ago
17Sep
Mechanics Bancorp sells $417m auto loan portfolio to Bank of America
Mechanics Bancorp sold $417 million in performing indirect auto loans to Bank of America. The transaction was executed at a price near book value with an August 31, 2026 cutoff date. Mechanics Bank will retain only approximately $13 million in auto loans post-transaction. Westlake Portfolio Management will continue servicing the loans for both parties.
1mo ago
20Aug
Mechanics Bancorp declares $0.25 Class A, $2.50 Class B dividend
Mechanics Bancorp (NASDAQ: MCHB) declared a Q3 2026 cash dividend of $0.25 for Class A shares and $2.50 for Class B shares. Payable on September 1, 2026, the distribution targets shareholders of record on August 29, 2026. The Walnut Creek-based firm manages $21.2 billion in assets.
Mechanics Bancorp reported Q2 2026 EPS of $0.25, missing analyst estimates, though revenue grew 34.2% YoY to $200.968 million. Net income rose 31% QoQ to $57.7 million, driven by merger-related cost efficiencies and a reversal in credit loss provisions.
3mo ago
16Jul
Mechanics Bancorp to release Q2 2026 earnings on July 29
Mechanics Bancorp announced the release of its second quarter 2026 financial results for July 29, 2026, followed by a conference call at 11:00 a.m. ET. The company, which holds $21.4 billion in assets, operates 166 branches across four western states.
