StreetInsider.com News Articles

Mechanics Bancorp Announces Date of Third Quarter 2026 Earnings Release and Conference Call

Wed, 14 Oct 2026 16:15:00 -0400

WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Mechanics Bancorp (Nasdaq: MCHB), the financial holding company of Mechanics Bank, today announced that its third quarter 2026 financial results will be released after the market closes on Wednesday, October 28, 2026. The company will host a conference call and webcast at 11:00 a.m. ET on Thursday, October 29.

Investors and analysts interested in participating in the call are invited to dial 1-833-461-5787 (international callers please dial 1-585-542-9983) approximately 10 minutes prior to the start of the call. The pin to access the call is 210985311. A live audio webcast of the conference call

Mechanics Bancorp Announces Date of Third Quarter 2026 Earnings Release and Conference Call

Wed, 14 Oct 2026 16:15:00 -0400

Mechanics Bancorp (MCHB) PT Lowered to $17 at Cantor Fitzgerald

Wed, 14 Oct 2026 07:30:11 -0400

Cantor Fitzgerald analyst Dave Rochester lowered the price target on Mechanics Bancorp (NASDAQ: MCHB) to $17.00 (from $18.00) while maintaining a Overweight rating.

Stephens Starts Mechanics Bancorp (MCHB) at Equal Weight

Fri, 18 Sep 2026 07:35:42 -0400

Stephens analyst Andrew Terrell initiates coverage on Mechanics Bancorp (NASDAQ: MCHB) with a Equal Weight rating and a price target of $17.00.

For an analyst ratings summary and ratings history on Mechanics Bancorp click here. For more ratings news on Mechanics Bancorp click here.

Shares of Mechanics Bancorp closed at $15.43 yesterday.

Mechanics Bank sells $417M auto loan portfolio to Bank of America

Wed, 16 Sep 2026 18:18:12 -0400

Mechanics Bancorp (Nasdaq: MCHB) announced that its subsidiary, Mechanics Bank, completed the sale of approximately $417 million in performing indirect auto loans to Bank of America's trading desk at a price near book value, with a cutoff date of Aug. 31, 2026.

Mechanics Bank will retain approximately $13 million of the remaining runoff auto loans. Westlake Portfolio Management will continue to service the auto loans for both Bank of America and Mechanics Bank.

C.J. Johnson, President and CEO of Mechanics, said: "This transaction represents another important step in our ongoing efforts to optimize our balance sheet and allocate capital to its highest

Mechanics Bank Completes Sale of Substantial Majority of Runoff Auto Loan Portfolio to Bank of America

Wed, 16 Sep 2026 18:18:00 -0400

WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Mechanics Bancorp (“Mechanics”) (Nasdaq: MCHB) announced today that its wholly owned subsidiary, Mechanics Bank, completed the sale to Bank of America’s trading desk of approximately $417 million of its remaining performing indirect auto loans at a price near book value, with a cutoff date of August 31, 2026. Mechanics Bank will retain approximately $13 million of runoff auto loans. Westlake Portfolio Management will continue to service the auto loans for both Bank of America and Mechanics Bank.

C.J. Johnson, President and CEO of Mechanics, said: “This transaction represents another important step in our ongoing

Mechanics Bank Completes Sale of Substantial Majority of Runoff Auto Loan Portfolio to Bank of America

Wed, 16 Sep 2026 18:18:00 -0400

C.J. Johnson, President and CEO of Mechanics, said: “This transaction represents another important step in our ongoing

Mechanics Bank (MCHB) Declares $0.25 Quarterly Dividend; 6% Yield

Thu, 20 Aug 2026 04:52:22 -0400

Mechanics Bank (NASDAQ: MCHB) declared a quarterly dividend of $0.25 per share, or $1 annualized.

The dividend will be payable on September 1, 2026, to stockholders of record on August 29, 2026, with an ex-dividend date of August 27, 2026.

The annual yield on the dividend is 6 percent.

For a dividend history and other dividend-related data on Mechanics Bank (MCHB) click here.

Mechanics Bancorp Declares Third Quarter 2026 Cash Dividend

Wed, 19 Aug 2026 17:59:00 -0400

WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Mechanics Bancorp (Nasdaq: MCHB) today announced it has declared a cash dividend of $0.25 per share of Class A common stock and $2.50 per share of Class B common stock, each payable on September 1, 2026, to shareholders of record as of the close of business on August 29, 2026.

About Mechanics Bancorp

Mechanics Bancorp is headquartered in Walnut Creek, Calif., and is the financial holding company of Mechanics Bank, a full-service, FDIC-insured bank with $21.2 billion in assets as of June 30, 2026, and 166 branches across California, Oregon, Washington and Hawaii. Founded in

Mechanics Bancorp Declares Third Quarter 2026 Cash Dividend

Wed, 19 Aug 2026 17:59:00 -0400

About Mechanics Bancorp

Mechanics Bancorp Declares Third Quarter 2026 Cash Dividend

Wed, 19 Aug 2026 17:59:00 -0400

About Mechanics Bancorp

Mechanics Bancorp Declares Third Quarter 2026 Cash Dividend

Wed, 19 Aug 2026 17:59:00 -0400

About Mechanics Bancorp

Mechanics Bancorp (MCHB) PT Raised to $17.50 at Keefe, Bruyette & Woods

Wed, 05 Aug 2026 06:48:53 -0400

Keefe, Bruyette & Woods analyst Woody Lay raised the price target on Mechanics Bancorp (NASDAQ: MCHB) to $17.50 (from $16.00) while maintaining a Market Perform rating.

Mechanics Bancorp Reports Second Quarter 2026 Results

Wed, 29 Jul 2026 05:45:00 -0400

WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Mechanics Bancorp (NASDAQ: MCHB):

Second Quarter Highlights

$21.2 billion

Total Assets

$57.7 million

Net Income

14.39%

CET1 Ratio (1)

$12.15

Book Value Per Share

$7.56

Tangible Book Value Per Share (2)

Mechanics Bancorp (Nasdaq: MCHB) (“Mechanics”

Mechanics Bancorp Reports Second Quarter 2026 Results

Wed, 29 Jul 2026 05:45:00 -0400

WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Mechanics Bancorp (NASDAQ: MCHB):

Second Quarter Highlights

$21.2 billion

Total Assets

$57.7 million

Net Income

14.39%

CET1 Ratio (1)

$12.15

Book Value Per Share

$7.56

Tangible Book Value Per Share (2)

Mechanics Bancorp (Nasdaq: MCHB) (“Mechanics”

Mechanics Bancorp Reports Second Quarter 2026 Results

Wed, 29 Jul 2026 05:45:00 -0400

WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Mechanics Bancorp (NASDAQ: MCHB):

Second Quarter Highlights

$21.2 billion

Total Assets

$57.7 million

Net Income

14.39%

CET1 Ratio (1)

$12.15

Book Value Per Share

$7.56

Tangible Book Value Per Share (2)

Mechanics Bancorp (Nasdaq: MCHB) (“Mechanics”

Mechanics Bancorp Reports Second Quarter 2026 Results

Wed, 29 Jul 2026 05:45:00 -0400

WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Mechanics Bancorp (NASDAQ: MCHB):

Second Quarter Highlights

$21.2 billion

Total Assets

$57.7 million

Net Income

14.39%

CET1 Ratio (1)

$12.15

Book Value Per Share

$7.56

Tangible Book Value Per Share (2)

Mechanics Bancorp (Nasdaq: MCHB) (“Mechanics”

Mechanics Bancorp Reports Second Quarter 2026 Results

Wed, 29 Jul 2026 05:45:00 -0400

WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Mechanics Bancorp (NASDAQ: MCHB):

Second Quarter Highlights

$21.2 billion

Total Assets

$57.7 million

Net Income

14.39%

CET1 Ratio (1)

$12.15

Book Value Per Share

$7.56

Tangible Book Value Per Share (2)

Mechanics Bancorp (Nasdaq: MCHB) (“Mechanics”

Mechanics Bancorp Reports Second Quarter 2026 Results

Wed, 29 Jul 2026 05:45:00 -0400

WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Mechanics Bancorp (NASDAQ: MCHB):

Second Quarter Highlights

$21.2 billion

Total Assets

$57.7 million

Net Income

14.39%

CET1 Ratio (1)

$12.15

Book Value Per Share

$7.56

Tangible Book Value Per Share (2)

Mechanics Bancorp (Nasdaq: MCHB) (“Mechanics”

Mechanics Bancorp Reports Second Quarter 2026 Results

Wed, 29 Jul 2026 05:45:00 -0400

WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Mechanics Bancorp (NASDAQ: MCHB):

Second Quarter Highlights

$21.2 billion

Total Assets

$57.7 million

Net Income

14.39%

CET1 Ratio (1)

$12.15

Book Value Per Share

$7.56

Tangible Book Value Per Share (2)

Mechanics Bancorp (Nasdaq: MCHB) (“Mechanics”

Mechanics Bancorp Reports Second Quarter 2026 Results

Wed, 29 Jul 2026 05:45:00 -0400

WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Mechanics Bancorp (NASDAQ: MCHB):

Second Quarter Highlights

$21.2 billion

Total Assets

$57.7 million

Net Income

14.39%

CET1 Ratio (1)

$12.15

Book Value Per Share

$7.56

Tangible Book Value Per Share (2)

Mechanics Bancorp (Nasdaq: MCHB) (“Mechanics”

Mechanics Bancorp Reports Second Quarter 2026 Results

Wed, 29 Jul 2026 05:45:00 -0400

WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Mechanics Bancorp (NASDAQ: MCHB):

Second Quarter Highlights

$21.2 billion

Total Assets

$57.7 million

Net Income

14.39%

CET1 Ratio (1)

$12.15

Book Value Per Share

$7.56

Tangible Book Value Per Share (2)

Mechanics Bancorp (Nasdaq: MCHB) (“Mechanics”

Mechanics Bancorp Reports Second Quarter 2026 Results

Wed, 29 Jul 2026 05:45:00 -0400

WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Mechanics Bancorp (NASDAQ: MCHB):

Second Quarter Highlights

$21.2 billion

Total Assets

$57.7 million

Net Income

14.39%

CET1 Ratio (1)

$12.15

Book Value Per Share

$7.56

Tangible Book Value Per Share (2)

Mechanics Bancorp (Nasdaq: MCHB) (“Mechanics”

Mechanics Bancorp Reports Second Quarter 2026 Results

Wed, 29 Jul 2026 05:45:00 -0400

WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Mechanics Bancorp (NASDAQ: MCHB):

Second Quarter Highlights

$21.2 billion

Total Assets

$57.7 million

Net Income

14.39%

CET1 Ratio (1)

$12.15

Book Value Per Share

$7.56

Tangible Book Value Per Share (2)

Mechanics Bancorp (Nasdaq: MCHB) (“Mechanics”

Mechanics Bancorp Reports Second Quarter 2026 Results

Wed, 29 Jul 2026 05:45:00 -0400

WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Mechanics Bancorp (NASDAQ: MCHB):

Second Quarter Highlights

$21.2 billion

Total Assets

$57.7 million

Net Income

14.39%

CET1 Ratio (1)

$12.15

Book Value Per Share

$7.56

Tangible Book Value Per Share (2)

Mechanics Bancorp (Nasdaq: MCHB) (“Mechanics”