MCHB Stock Analysis: Mechanics Bank | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 3.472m USD | 12M Return: 29.6% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 9.28M
Qual. Beats: 0
Rev. Trend: 98.0%
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 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: 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 216.0m > 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 216.0m) / TA 21.4b) |
| Beneish M = -1.66 (Cap -4..+1) = CCC |
As of July 28, 2026, the stock is trading at USD 15.62 with a total of 1,064,783 shares traded. Over the past week, the price has changed by -3.52%, over one month by -1.82%, over three months by +4.04% and over the past year by +29.56%.
Current recommended Stop Loss: 15.10 (which is 3.3% or 1.2 ATR below the current price).
Mechanics Bank has no consensus analysts rating.
P/E Trailing = 12.544
P/S = 5.0469
P/B = 1.2437
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 = 3.47b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 1.05 (Ebit TTM 256.1m / Interest Expense TTM 245.0m)
EV/FCF = 16.78x (Enterprise Value 3.47b / FCF TTM 206.9m)
FCF Yield = 5.96% (FCF TTM 206.9m / Enterprise Value 3.47b)
FCF Margin = 23.08% (FCF TTM 206.9m / 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 3.47b / 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 = -19.93 (Net Debt -4.12b / FCF TTM 206.9m)
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 = 7.93% (E(3.47b)/V(3.77b) * Re(8.60%) + (debt cost/tax rate unavailable))
Discount Rate = 8.60% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 62.21 | Cagr: 6.95%
[DCF] Terminal Value 73.10% ; FCFF base≈242.1m ; Y1≈212.3m ; Y5≈171.5m
[DCF] Fair Price = 31.22 (EV 2.75b - 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=+0.00% | Revisions=-25% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.27 | Chg30d=+0.00% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=1.02 | Chg30d=+0.00% | Revisions=-25% | GrowthEPS=-24.1% | GrowthRev=-0.3%
EPS next Year (2027-12-31): EPS=1.20 | Chg30d=-0.55% | Revisions=-25% | GrowthEPS=+18.4% | GrowthRev=+3.6%
[Analyst] Revisions Ratio: -50% (up=0, down=3)