Welcome to our dedicated page for Mechanics Bancorp news (Ticker: MCHB), a resource for investors and traders seeking the latest updates and insights on Mechanics Bancorp stock.
Mechanics Bancorp (NASDAQ: MCHB) is the financial holding company of Mechanics Bank, a full-service community bank headquartered in Walnut Creek, California. News about Mechanics Bancorp often centers on its West Coast banking franchise, capital decisions, strategic transactions and financial performance.
Recent announcements highlight the company’s strategic merger in which HomeStreet Bank merged with and into Mechanics Bank, creating a combined institution with 166 branches across California, Washington, Oregon and Hawaii and over $22 billion in assets. Coverage also includes quarterly earnings reports that discuss net income, loan and deposit growth, capital ratios, and the financial impact of the HomeStreet merger.
Investors following MCHB news can also expect updates on capital return actions, such as cash dividends on Mechanics Bancorp common stock and prior special dividend announcements at the bank level. Another area of news has been corporate transactions involving specific business lines, including a definitive agreement for Mechanics Bank to sell its Fannie Mae Delegated Underwriting and Servicing multifamily lending and servicing business to Fifth Third Bancorp, subject to customary approvals.
In addition, independent rating agency reports on Mechanics Bancorp provide commentary on credit ratings, funding profile, asset quality, capital strength and the company’s deposit franchise. These items appear in the news flow alongside corporate communications about earnings conference calls and other investor-related events. For users tracking MCHB, this news page aggregates such developments so readers can review the company’s public announcements, transaction updates and third-party assessments in one place.
Mechanics Bancorp (Nasdaq: MCHB) will release fourth quarter 2025 financial results before market open on Friday, January 30, 2026. The company will host a conference call and live webcast at 11:00 a.m. ET the same day.
Dial-in details: 1-833-470-1428 (U.S.) or 1-646-844-6383 (international); access PIN 763176. Live audio webcast available at https://ir.mechanicsbank.com. A telephone and web replay will be available within two hours after the call and remain accessible until 11:59 p.m. ET on February 6, 2026 (telephone replay 1-866-813-9403 or 1-929-458-6194; PIN 196939).
Company profile: Mechanics Bancorp is the holding company of Mechanics Bank, with $22.7 billion in assets as of September 30, 2025 and 166 branches across California, Oregon, Washington and Hawaii.
KBRA assigned ratings to Mechanics Bancorp (NASDAQ:MCHB) and Mechanics Bank and upgraded then withdrew ratings for HomeStreet (NASDAQ:HMST) after its merger with Mechanics on Sept 2, 2025. Mechanics’ pro forma scale is ~$23 billion in assets with ~74% ownership by Ford Financial Fund and a funding mix featuring 35% noninterest-bearing deposits. Key metrics: 3Q25 total cost of funds 1.45%, loan-to-deposit ratio 75%, 3Q25 core ROA ~1.2% (projected ~1.4% in 2026), and pro forma CET1 13.4% (target ~14% by year-end 2026).
KBRA notes concentrated CRE exposure (~370% of total risk-based capital) and a runoff legacy indirect auto portfolio (~7% of loans).
Fifth Third (NASDAQ: FITB) agreed to acquire Mechanics Bank’s Fannie Mae Delegated Underwriting and Servicing business in an all-cash transaction. Fifth Third will buy Mechanics Bank’s approximately $1.8 billion DUS servicing portfolio, including escrow amounts, and hire the employees operating the DUS Business. Completion is subject to Fannie Mae approval of Fifth Third as an authorized DUS lender and customary closing conditions. The transaction is expected to close in the first quarter of 2026. Financial and legal advisors for the parties were disclosed.
Mechanics Bancorp (Nasdaq: MCHB) declared a cash dividend of $0.21 per Class A share and $2.10 per Class B share, payable on December 15, 2025 to shareholders of record at close of business on December 8, 2025. The company said integration of HomeStreet Bank is progressing smoothly and that its regulatory capital ratios are stronger than initially anticipated.
Mechanics Bancorp is the holding company for Mechanics Bank, which the company reports has more than $22 billion in assets and 166 branches across California, Oregon, Washington and Hawaii.
Mechanics Bancorp (NASDAQ: MCHB) will release its third quarter 2025 financial results after market close on Thursday, October 30, 2025. The company will host a conference call and webcast at 11:00 a.m. ET on Friday, October 31, 2025 for investors and analysts.
Dial-in details: domestic 1-833-470-1428, international 1-646-844-6383, access code 320554. A live audio webcast is available at https://ir.mechanicsbank.com. A telephone and web replay will be available within two hours after the call until 11:59 p.m. ET on November 7, 2025 (replay PIN 352137).
Company facts: headquartered in Walnut Creek, Calif., Mechanics Bancorp is the holding company for Mechanics Bank with more than $22 billion in assets and 166 branches across California, Oregon, Washington and Hawaii.
Mechanics Bank (NASDAQ: MCHB) has successfully completed its strategic merger with HomeStreet Bank, creating a premier West Coast community banking institution. The merger significantly expands Mechanics Bank's footprint, resulting in a combined network of 166 branches across California, Washington, Oregon, and Hawaii, with total assets exceeding $22 billion.
The 120-year-old Mechanics Bank will maintain its California banking corporation status, operating as a wholly owned subsidiary of Mechanics Bancorp (formerly HomeStreet, Inc.). The expanded geographical presence now spans from San Diego to Seattle, strengthening the bank's position as a leading West Coast financial institution.
Mechanics Bank (MCHB) has declared a cash dividend of
Mechanics Bank (MCHB) has declared a special cash dividend of $2,569 per common share, payable on August 5, 2021 to stockholders of record as of August 2, 2021. The Bank's Board will evaluate future dividends based on operations, financial condition, and capital requirements. Mechanics Bank, founded in 1905, is a leading California-based bank with approximately $19 billion in assets and a strong deposit franchise comprising 123 branches.
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