MCHB Stock Analysis: Mechanics Bank | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 3.782m USD | 12M Return: 28.7% | US43785V1026 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 9.53M
Qual. Beats: 0
Rev. Trend: 98.3%
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Mechanics Bancorp is the holding company for Mechanics Bank, a regional bank founded in 1905 and headquartered in Walnut Creek, California. The company operates across four western U.S. states-California, Oregon, Washington, and Hawaii-offering a full suite of consumer and commercial banking services, including deposit products (checking, savings, money market, retirement accounts, CDs, and safe deposit boxes) and a broad range of lending solutions such as home, auto, small business, multi-family, commercial real estate, residential construction, and consumer loans.
In addition to traditional banking, the company provides private banking services (loan programs, personal lines of credit, and investment management), treasury and digital banking tools (mobile deposit, ACH origination, wire transfer, lockbox, and positive pay), as well as ancillary services in escrow, title, real estate, and property management for clients including labor unions and nonprofits.
As a regional bank in the financials sector, Mechanics Bancorp follows a community banking business model that combines retail and commercial lending with localized deposit-gathering across the West Coast. The bank has operated for more than a century, suggesting a long-standing regional customer base and established branch footprint in its core markets.
- California CRE loan portfolio exposure raises credit risk concerns
- Net interest margin compresses as Fed cuts deposit rates
- Loan growth driven by home and commercial real estate lending
| Net Income: 281.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -2.72 > 1.0 |
| NWC/Revenue: 1.70k% < 20% (prev -56.92%; Δ 1.76k% < -1%) |
| CFO/TA 0.01 > 3% & CFO 280.1m > Net Income 281.3m |
| Net Debt (-4.39b) to EBITDA (370.5m): -11.84 < 3 |
| Current Ratio: 231.5 > 1.5 & < 3 |
| Outstanding Shares: last quarter (232.4m) vs 12m ago 11.58% < -2% |
| Gross Margin: 73.12% > 18% (prev 69.66%; Δ 3.46% > 0.5%) |
| Asset Turnover: 7.35% > 50% (prev 9.02%; Δ -1.67% > 0%) |
| Interest Coverage Ratio: 1.30 > 6 (EBIT TTM 334.1m / Interest Expense TTM 256.6m) |
| A: 0.85 (Total Current Assets 18.1b - Total Current Liabilities 78.2m) / Total Assets 21.2b |
| B: 0.01 (Retained Earnings 303.0m / Total Assets 21.2b) |
| C: 0.02 (EBIT TTM 334.1m / Avg Total Assets 14.4b) |
| D: 0.15 (Book Value of Equity 2.69b / Total Liabilities 18.5b) |
| Altman-Z'' = 5.92 = AAA |
| DSRI: 3.0 (Receivables 13.4b/23.5m, Revenue 1.06b/686.4m) |
| GMI: 0.95 (GM 69.66% / 73.12%) |
| AQI: 0.14 (AQ_t 0.14 / AQ_t-1 0.96) |
| SGI: 1.54 (Revenue 1.06b / 686.4m) |
| TATA: 0.00 (NI 281.3m - CFO 280.1m) / TA 21.2b) |
| Beneish M = -1.54 (Cap -4..+1) = CCC |
As of August 22, 2026, the stock is trading at USD 16.20 with a total of 461,142 shares traded. Over the past week, the price has changed by -5.15%, over one month by +0.93%, over three months by +13.60% and over the past year by +28.71%.
Current recommended Stop Loss: 15.30 (which is 5.6% or 2.2 ATR below the current price).
Mechanics Bank has no consensus analysts rating.
P/E Trailing = 13.1385
P/S = 5.0938
P/B = 1.4068
Revenue TTM = 1.06b USD
EBIT TTM = 334.1m USD
EBITDA TTM = 370.5m USD
Long Term Debt = 130.4m USD (from longTermDebt, last quarter)
Short Term Debt = 78.2m USD (from shortTermDebt, last quarter)
Debt = 286.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 78.2m
Net Debt = -4.39b USD (calculated: Debt 286.8m - CCE 4.67b)
Enterprise Value = 3.78b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 1.30 (Ebit TTM 334.1m / Interest Expense TTM 256.6m)
EV/FCF = 14.11x (Enterprise Value 3.78b / FCF TTM 268.0m)
FCF Yield = 7.09% (FCF TTM 268.0m / Enterprise Value 3.78b)
FCF Margin = 25.28% (FCF TTM 268.0m / Revenue TTM 1.06b)
Net Margin = 26.53% (Net Income TTM 281.3m / Revenue TTM 1.06b)
Gross Margin = 73.12% ((Revenue TTM 1.06b - Cost of Revenue TTM 284.9m) / Revenue TTM)
Gross Margin QoQ = 77.90% (prev 71.29%)
Tobins Q-Ratio = 0.18 (Enterprise Value 3.78b / Total Assets 21.2b)
Interest Expense / Debt = 89.46% (Interest Expense 256.6m / Debt 286.8m)
Taxrate = 17.32% (58.9m / 340.2m)
NOPAT = 276.2m (EBIT 334.1m * (1 - 17.32%))
Current Ratio = 231.5 (out of range, set to none) (Total Current Assets 18.1b / Total Current Liabilities 78.2m)
Debt / Equity = 0.11 (Debt 286.8m / totalStockholderEquity, last quarter 2.69b)
Debt / EBITDA = -11.84 (Net Debt -4.39b / EBITDA 370.5m)
Debt / FCF = -16.37 (Net Debt -4.39b / FCF TTM 268.0m)
Total Stockholder Equity = 2.78b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.95% (Net Income 281.3m / Total Assets 21.2b)
RoE = 10.12% (Net Income TTM 281.3m / Total Stockholder Equity 2.78b)
RoCE = 11.48% (EBIT 334.1m / Capital Employed (Equity 2.78b + L.T.Debt 130.4m))
RoIC = 1.30% (NOPAT 276.2m / Invested Capital 21.2b)
WACC = 7.94% (E(3.78b)/V(4.07b) * Re(8.54%) + (debt cost/tax rate unavailable))
Discount Rate = 8.54% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 77.14 | Cagr: 205.3%
[DCF] Terminal Value 73.71% ; FCFF base≈282.0m ; Y1≈255.7m ; Y5≈220.8m
[DCF] Fair Price = 35.86 (EV 3.52b - Net Debt -4.39b = Equity 7.90b / Shares 220.3m; r=8.35% [WACC [floored]]; 5y FCF grow -11.53% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.11 | # QB: 0
Revenue Correlation: 98.35 | Revenue CAGR: 50.90% | SUE: N/A | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.27 | Chg30d=+0.00% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=1.03 | Chg30d=+0.98% | Revisions=+40% | GrowthEPS=-23.3% | GrowthRev=-1.5%
EPS next Year (2027-12-31): EPS=1.20 | Chg30d=-1.10% | Revisions=-40% | GrowthEPS=+16.6% | GrowthRev=+5.2%
[Analyst] Revisions Ratio: +0% (up=2, down=2)