Mechanics Bancorp Reports Fourth Quarter and Full Year 2025 Results
MCHBWALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (Nasdaq: MCHB): Fourth Quarter Highlights $22.4 billion Total Assets $124.3 million Net Income 14.07% CET1 Ratio (1) $12.93 Book Value Per Share $7.81 Tangible Book Value Per Share (2) Mechanics Bancorp (Nasdaq: MCHB) (“Mechanics” or the “Company”), the financial holding company of Mechanics Bank, today announced its financial results for the quarter and year ended December 31, 2025. Mechanics reported net income of $124.3 million,
Mechanics Bancorp Announces Date of Fourth Quarter 2025 Earnings Release and Conference Call
MCHBWALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp, Inc. (Nasdaq: MCHB), the holding company of Mechanics Bank, today announced that its fourth quarter 2025 financial results will be released before the market opens on Friday, January 30, 2026. The Company will host a conference call and webcast at 11:00 a.m. ET the same day. Investors and analysts interested in participating in the call are invited to dial 1-833-470-1428 (international callers please dial 1-646-844-6383) approximately 10
KBRA Assigns Ratings to Mechanics Bancorp; Upgrades and Subsequently Withdraws Ratings for HomeStreet, Inc.
MCHBNEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a senior unsecured debt rating of BBB+, a subordinated debt rating of BBB, and a short-term debt rating of K2 to Walnut Creek, California-based Mechanics Bancorp (NASDAQ: MCHB) ("Mechanics" or "the company"). In addition, KBRA assigns deposit and senior unsecured debt ratings of A-, a subordinated debt rating of BBB+, and short-term deposit and debt ratings of K2 to its main subsidiary, Mechanics Bank ("the bank"). The Outlook for all long-term ratings is
Mechanics Bank Completes Strategic Merger with HomeStreet, Inc.
MCHB(NASDAQ:MCHB) WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (NASDAQ: MCHB), the holding company of Mechanics Bank, today announced the completion of the previously announced strategic merger (the “Merger”) between Mechanics Bank and HomeStreet Bank (“HomeStreet”). The transaction significantly expands the West Coast footprint of 120-year-old Mechanics Bank, creating a combined company with 166 branches across California, Washington, Oregon and Hawaii and over $22 billion in assets. “We are pleased