Mechanics Bancorp(MCHB)— Stock Profile, AI Score & Financials
Financials · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
Mechanics Bancorp (MCHB) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores MCHB at 67.4/100 on a 32-signal composite quality model, placing it at rank #367 of 2,960 stocks — the top 25% of the AI-ranked universe. MCHB scores in the top quartile across revenue growth (97.8), profitability (92.9). Areas of concern include institutional flow (4.5) and earnings quality (21.8), which score below median versus the broader universe. Shareholder dilution risk is elevated at 15.0/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Mechanics Bancorp reports quarterly revenue of $201.0M, net income of $57.7M, an operating margin of 39.4%. Top institutional holders of MCHB by reported 13-F value include BlackRock, Mechanics Bank Department, STATE STREET, based on the most recent SEC filings. MCHB trades on the Nasdaq exchange and files with the SEC under CIK 1518715. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate MCHB daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Mechanics Bancorp directly from SEC EDGAR.
AI Quality Score
67.4/100
AI Rank
#367
Revenue
$201.0M
Net Income
$57.7M
Free Cash Flow
$49.6M
Operating Margin
39.4%
MCHB key financials by period
Mechanics Bancorp reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$808.6M
$265.7M
39.5%
FY 2024
10-K
$48.1M
$29.0M
74.2%
FY 2023
10-K
$208.7M
$-27.5M
-15.7%
FY 2022
10-K
$284.9M
$66.5M
29.7%
FY 2021
10-K
$347.0M
$115.4M
33.3%
FY 2020
10-K
$358.0M
$80.0M
28.5%
Institutions holding MCHB
Institutional investors reporting a position in Mechanics Bancorp on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-07 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Mechanics Bancorp reported Q2 2026 net income of $57.7M on $13.6M in total revenue (discrete quarter), with a 3.62% net interest margin and $13.6B in loan receivables.
Biggest Revenue Drivers
Net interest income$177.2M-1.1% QoQ
Decreased due to lower average interest-earning assets of $468.4M, partially offset by lower interest expense on certificates of deposit.
Biggest Revenue Drivers
Total revenue: $13.6MN/A
Net interest income$177.2M-1.1% QoQ
Decreased due to lower average interest-earning assets of $468.4M, partially offset by lower interest expense on certificates of deposit.
Largest Expense Items
Salaries and employee benefits$63.1M-8.0% QoQ
Decrease from reduced headcount following Merger integration activities.
Amortization of intangible assets$7.2M-0.2% QoQ
Consistent with prior quarter; reflects ongoing amortization of acquisition-related intangibles.
Occupancy$11.9M-4.6% QoQ
Decreased as integration activities reduce operational redundancies.
Margins: Net interest margin improved to 3.62% from 3.61% in Q1 2026, primarily due to runoff of higher-cost certificates of deposit. Management expects margin to improve further from a balance sheet restructuring completed in July 2026 involving reinvestment in higher-yielding MBS.
Watch Items from the Filing
Nonperforming assets increased to $59.4M (0.28% of total assets) from $51.8M (0.23%) at year-end 2025, driven by additional commercial real estate and single-family nonperforming loans.
Geographic concentration: 77% of commercial real estate and residential loans are in California or secured by California real estate; multifamily loans represent 38% and residential 30% of total loan portfolio.
Deposit outflows of $935.6M for six months ended June 30, 2026, primarily from certificates of deposit runoff; insured deposits declined to 57% of total deposits from 64% at year-end.
McClain Feed Yard litigation: Company won dismissal of most common-law and fraudulent transfer claims, but Trustee filed motion to reconsider; potential exposure remains as matter is in early motion stage.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
