(MCHB) Mechanics Bank - NASDAQ
Sector: Financial Services | Industry: Banks - Regional | Exchange: NASDAQ (USA) | Market Cap: 3.416m USD | Total Return: 30.1% in 12m
Avg Turnover: 7.06M
Qual. Beats: 0
Rev. Trend: 98.0%
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Mechanics Bancorp (MCHB) is a regional financial holding company headquartered in Walnut Creek, California. Founded in 1905, the institution operates through its subsidiary, Mechanics Bank, providing retail and commercial banking services across California, Oregon, Washington, and Hawaii. Its portfolio includes traditional deposit products, wealth management, and a diverse lending suite covering residential, commercial real estate, and small business sectors.
As a regional bank, Mechanics Bancorp relies heavily on the net interest margin-the difference between interest earned on loans and interest paid on deposits-to drive profitability. The company’s focus on specialized services like escrow, title, and labor union banking allows it to secure low-cost deposits from niche institutional clients, a common strategy for mid-cap banks seeking to stabilize funding costs.
Investors can further evaluate the companys valuation and risk metrics by visiting ValueRay. Given its geographic concentration on the West Coast, the banks performance is closely tied to the regional economic health and real estate valuations in its core markets.
- Net interest margin sensitivity to Federal Reserve monetary policy shifts
- Commercial real estate loan concentration in California and Pacific Northwest
- Asset quality and credit loss provisions amid regional economic volatility
- Deposit beta and retention costs in competitive West Coast markets
| Net Income: 219.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.81 > 1.0 |
| NWC/Revenue: -101.8% < 20% (prev -1.37k%; Δ 1.26k% < -1%) |
| CFO/TA 0.01 > 3% & CFO 216.8m > Net Income 219.1m |
| Net Debt (-4.12b) to EBITDA (266.8m): -15.46 < 3 |
| Current Ratio: 0.95 > 1.5 & < 3 |
| Outstanding Shares: last quarter (218.8m) vs 12m ago -0.98% < -2% |
| Gross Margin: 68.51% > 18% (prev 68.04%; Δ 0.47% > 0.5%) |
| Asset Turnover: 4.73% > 50% (prev 4.25%; Δ 0.48% > 0%) |
| Interest Coverage Ratio: 1.05 > 6 (EBIT TTM 256.1m / Interest Expense TTM 245.0m) |
| A: -0.04 (Total Current Assets 18.1b - Total Current Liabilities 19.0b) / Total Assets 21.4b |
| B: 0.02 (Retained Earnings 407.9m / Total Assets 21.4b) |
| C: 0.01 (EBIT TTM 256.1m / Avg Total Assets 19.0b) |
| D: 0.15 (Book Value of Equity 2.79b / Total Liabilities 18.6b) |
| Altman-Z'' = 0.03 = B |
| DSRI: 3.0 (Receivables 13.7b/23.5m, Revenue 896.4m/702.6m) |
| GMI: 0.99 (GM 68.04% / 68.51%) |
| AQI: 0.20 (AQ_t 0.14 / AQ_t-1 0.72) |
| SGI: 1.28 (Revenue 896.4m / 702.6m) |
| TATA: 0.00 (NI 219.1m - CFO 216.8m) / TA 21.4b) |
| Beneish M = -1.66 (Cap -4..+1) = CCC |
As of June 20, 2026, the stock is trading at USD 14.66 with a total of 699,848 shares traded.
Over the past week, the price has changed by -3.36%,
over one month by +4.69%,
over three months by +8.92% and
over the past year by +30.09%.
Mechanics Bank has no consensus analysts rating.
P/S = 4.9664
P/B = 1.204
Revenue TTM = 896.4m USD
EBIT TTM = 256.1m USD
EBITDA TTM = 266.8m USD
Long Term Debt = 80.8m USD (from longTermDebt, last quarter)
Short Term Debt = 82.4m USD (from shortTermDebt, last quarter)
Debt = 293.6m USD (from shortLongTermDebtTotal, last quarter) + Leases 82.4m
Net Debt = -4.12b USD (calculated: Debt 293.6m - CCE 4.42b)
Enterprise Value = 3.42b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 1.05 (Ebit TTM 256.1m / Interest Expense TTM 245.0m)
EV/FCF = 16.45x (Enterprise Value 3.42b / FCF TTM 207.7m)
FCF Yield = 6.08% (FCF TTM 207.7m / Enterprise Value 3.42b)
FCF Margin = 23.16% (FCF TTM 207.7m / Revenue TTM 896.4m)
Net Margin = 24.45% (Net Income TTM 219.1m / Revenue TTM 896.4m)
Gross Margin = 68.51% ((Revenue TTM 896.4m - Cost of Revenue TTM 282.3m) / Revenue TTM)
Gross Margin QoQ = 71.29% (prev 81.73%)
Tobins Q-Ratio = 0.16 (Enterprise Value 3.42b / Total Assets 21.4b)
Interest Expense / Debt = 83.43% (Interest Expense 245.0m / Debt 293.6m)
Taxrate = 14.45% (37.0m / 256.1m)
NOPAT = 219.1m (EBIT 256.1m * (1 - 14.45%))
Current Ratio = 0.95 (Total Current Assets 18.1b / Total Current Liabilities 19.0b)
Debt / Equity = 0.11 (Debt 293.6m / totalStockholderEquity, last quarter 2.79b)
Debt / EBITDA = -15.46 (Net Debt -4.12b / EBITDA 266.8m)
Debt / FCF = -19.86 (Net Debt -4.12b / FCF TTM 207.7m)
Total Stockholder Equity = 2.21b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.16% (Net Income 219.1m / Total Assets 21.4b)
RoE = 9.93% (Net Income TTM 219.1m / Total Stockholder Equity 2.21b)
RoCE = 11.19% (EBIT 256.1m / Capital Employed (Equity 2.21b + L.T.Debt 80.8m))
RoIC = 1.03% (NOPAT 219.1m / Invested Capital 21.3b)
WACC = 7.86% (E(3.42b)/V(3.71b) * Re(8.54%) + (debt cost/tax rate unavailable))
Discount Rate = 8.54% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 53.94 | Cagr: 6.95%
[DCF] Terminal Value 73.10% ; FCFF base≈242.5m ; Y1≈212.7m ; Y5≈171.8m
[DCF] Fair Price = 31.24 (EV 2.76b - Net Debt -4.12b = Equity 6.88b / Shares 220.3m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.11 | # QB: 0
Revenue Correlation: 97.97 | Revenue CAGR: 48.40% | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.25 | Chg30d=-13.79% | Revisions=-20% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.27 | Chg30d=-12.90% | Revisions=N/A | Analysts=3
EPS current Year (2026-12-31): EPS=1.02 | Chg30d=-13.47% | Revisions=-20% | GrowthEPS=-24.1% | GrowthRev=-0.3%
EPS next Year (2027-12-31): EPS=1.21 | Chg30d=-10.04% | Revisions=-20% | GrowthEPS=+19.0% | GrowthRev=+4.4%
[Analyst] Revisions Ratio: -20%