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XNAS
MCHB
Market cap3.20bUSD
Oct 08, Last price  
14.51USD
1D
-0.68%
1Q
-10.15%
IPO
-99.87%
Name

Mechanics Bank

Chart & performance

D1W1MN
XNAS:MCHB chart
P/E
12.03
P/S
3.10
EPS
1.21
Div yield, %
1.45%
Shrs. gr., 5y
-1.06%
Rev. gr., 5y
20.76%
Revenues
1.03b
+74.85%
118,619,748189,624,988207,955,000170,601,000190,534,000177,160,000303,043,000262,648,000296,949,999414,071,000578,222,999550,366,999301,934,000352,110,000401,376,000364,270,000703,828,000779,419,000589,623,0001,030,935,000
Net income
266m
+816.37%
26,505,27729,008,3148,429,000-110,276,000-34,247,00016,119,00082,126,00023,809,00022,259,00041,319,00058,151,00068,946,00040,027,00039,112,00079,990,000115,422,000216,582,000201,914,00028,999,000265,739,000
CFO
194m
-33.76%
45,559,76727,283,04139,379,000-14,249,00095,801,00022,427,000158,503,000-13,052,000119,317,00044,820,000-255,045,000-160,504,000286,011,000258,829,999-25,545,000173,035,000237,317,00013,719,000292,264,000193,592,000
Dividend
Aug 28, 20260.25 USD/sh

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Profile

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.

Key people

Carl Webb
Non-Executive Chairman of the Board · since 2015
C. J. Johnson
President, Chief Executive Officer · since 2024
E. Michael Downer
Non-Executive Vice Chairman of the Board · since 2010
Nathan Duda
Chief Financial Officer, Executive Vice President
Gregg Gardner
Executive Vice President, Director of Multifamily Lending · since 2024
Scott Givans
Executive Vice President and Chief Credit Officer · since 2015
Kelly Johnston
Executive Vice President, Director of Wealth Management · since 2023
Tony Kallingal
Executive Vice President, Chief Banking Officer
Doug Lutz
Executive Vice President, Chief Commercial Banking Officer · since 2019
Randy Melby
Executive Vice President, Chief Risk Officer
Christopher Pierce
Chief Operating Officer, Executive Vice President · since 2019
Kristie Shields
Executive Vice President, Chief Compliance Counsel
Daniel Watt
Executive Vice President, Director of Mortgage and Consumer Lending
Shanna Hansen
Senior Vice President, Director of Retail Banking · since 2023
David Louis
Senior Vice President, Director of Marketing and Communication
Natalie Mccabe
Senior Vice President, Chief Auditor
Glenn Shrader
Executive Vice President, General Counsel
Patricia Cochran
Director
Adrienne Crowe
Director · since 2013
Douglas Downer
Director · since 2013
IPO date
Apr 08, 2004
Employees
1,800
Domiciled in
US
Incorporated in
US
Headquarters & legal address
1111 Civic Dr
Walnut Creek, CA 94596
US

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