Mechanics Bancorp (MCHB)
Mechanics Bancorp brought in $54.2M of revenue over the twelve months to September 30, 2026. Net income was $259M, a net margin of 478.0%. Operating cash flow minus capital spending left $187.1M of free cash flow in fiscal 2025. At September 30, 2026 it held $602.5M in cash against $132M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 6, 2026.
Key facts about Mechanics Bancorp
- Net worth
- Mechanics Bancorp has a market value (market cap) of $3.3B at the latest share price, and shareholders' equity of $2.6B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Cash flow
- In fiscal 2025 operations brought in $193.6M of cash; after $6.5M of capital spending, free cash flow was $187.1M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 6, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Mechanics Bancorp's next report is expected around January 29, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Mechanics Bancorp does
Mechanics Bancorp is registered with the SEC under industry code SIC 6022 (State Commercial Banks). Its shares trade on NASDAQ under the ticker MCHB.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $49.7M | $265.7M | $1.27 | $187.1M |
| 2024 | $48.1M | $29M | $0.14 | $285.9M |
| 2023 | n/a | -$27.5M | -$1.46 | $4.2M |
| 2022 | n/a | $66.5M | $3.49 | $211.5M |
| 2021 | n/a | $115.4M | $5.46 | $170.1M |
| 2020 | n/a | $80M | $3.47 | -$28.8M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where MCHB ranks in Finance
Dividends
It paid out $48.6M in cash dividends, 18% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $48.6M | 18% |
| 2024 | n/a | $95M | 328% |
| 2023 | $0.65 | $12.3M | n/a |
| 2022 | $1.40 | $26.8M | 40% |
| 2021 | $1.00 | $21.3M | 18% |
| 2020 | $0.60 | $13.9M | 17% |
Latest SEC filings
What Mechanics Bancorp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 6, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 7.1% to $16.1M versus the same quarter last year; diluted EPS $0.21 versus $0.33.
- October 28, 2026
- September 17, 2026Other event 8-K
- August 20, 2026Other event 8-K
- August 7, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 16% to $13.6M versus the same quarter last year; diluted EPS $0.26 versus $0.21.
- July 29, 2026
- June 24, 2026
- June 1, 2026
- May 13, 2026Other event 8-K
- May 8, 2026Quarterly report 10-Q · period to March 31, 2026Revenue rose 13% to $13M versus the same quarter last year; diluted EPS $0.20 versus $0.22.
Insider trades
What the people running Mechanics Bancorp did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| June 15, 2026 | Downer Edward MichaelDirector | Soldindirect | 2 | $30.3 |
| May 27, 2026 | Crowe Adrienne YDirector | Exercised options | 3,301 | - |
| May 27, 2026 | Downer Edward MichaelDirector | Exercised optionsindirect | 3,301 | - |
| May 27, 2026 | Cochran PatriciaDirector | Exercised options | 3,301 | - |
| May 27, 2026 | Downer Douglas EDirector | Exercised optionsindirect | 3,301 | - |
| May 27, 2026 | Wilcox Jon RDirector | Exercised options | 3,301 | - |
| March 1, 2026 | Givans Scott A.EVP & Chief Credit Officer | Received as pay | 6,574 | - |
| March 1, 2026 | Duda NathanEVP & CFO | Received as pay | 7,626 | - |
Who owns MCHB
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Ford Ultimate Management II, LLC13D, may seek influence with 7 related filers | 78.1% | September 9, 2025 |
| Philadelphia Financial Management of San Francisco, LLC13G, passive with 5 related filers | 8.2% | August 14, 2025 |
Largest institutional holders
Insiders
13 insiders reported holding 3,928,674 shares in total, about $58.2M at the last price.
| Holder | Shares |
|---|---|
| Downer Douglas EDirector | 2,317,7642,317,764 held indirectly |
| Downer Edward MichaelDirector | 1,134,4721,121,268 held indirectly |
| Mason Mark KConsultant | 227,569 |
| Duda NathanEVP & CFO | 39,993 |
| Pierce Christopher DEVP & Chief Operating Officer | 38,496 |
| Givans Scott A.EVP & Chief Credit Officer | 38,137 |
| Kallingal Tony PEVP & Chief Banking Officer | 34,590 |
| Shields Kristie SEVP & Chief Compliance Counsel | 22,316 |
| Shrader Glenn CEVP & General Counsel | 18,193 |
| Pelayo FernandoEVP & Chief Accounting Officer | 17,532 |
Questions about MCHB
What does Mechanics Bancorp do?
Mechanics Bancorp is a company in the Finance sector, listed on NASDAQ as MCHB. Its shares trade on NASDAQ under the ticker MCHB.
What is Mechanics Bancorp's net worth?
Mechanics Bancorp has a market value (market cap) of $3.3B at the latest share price, and shareholders' equity of $2.6B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Mechanics Bancorp profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $259M on revenue of $54.2M, a net margin of 478.0%.
How much revenue does Mechanics Bancorp make?
Over the twelve months to September 30, 2026 Mechanics Bancorp reported revenue of $54.2M.
When did Mechanics Bancorp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 6, 2026. It covers the period to September 30, 2026.
When is Mechanics Bancorp's next earnings report?
Mechanics Bancorp's next report is expected around January 29, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Mechanics Bancorp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.