Mechanics Bancorp Past Earnings Performance
Past criteria checks 4/6
Mechanics Bancorp has been growing earnings at an average annual rate of 5%, while the Banks industry saw earnings growing at 4% annually. Revenues have been growing at an average rate of 26% per year. Mechanics Bancorp's return on equity is 10.5%, and it has net margins of 37.9%.
Key information
5.01%
Earnings growth rate
3.60%
EPS growth rate
| Banks Industry Growth | 11.18% |
| Revenue growth rate | 25.95% |
| Return on equity | 10.46% |
| Net Margin | 37.88% |
| Last Earnings Update | 30 Jun 2026 |
Recent past performance updates
Recent updates
Mechanics Bancorp: Looking Like A More Interesting Option For Income Investors
Summary Mechanics Bancorp is rated Hold due to a stretched valuation despite robust dividend prospects post-HomeStreet merger. MCHB projects a sector-leading ~7% dividend yield for FY 2027, appealing to income investors amid modest earnings growth and asset repricing tailwinds. Loan portfolio contraction and declining yields pose near-term growth challenges, though asset repricing could expand net interest margins over time. Ford Financial Fund’s 77% voting control positions MCHB as a potential future takeover target, but premium upside appears limited at current valuation. Read the full article on Seeking Alpha
MCHB: HomeStreet Integration And Takeout Interest Will Shape Balanced Future Outlook
Analysts have adjusted the fair value estimate for Mechanics Bancorp to about $17.33 per share from $16.50, reflecting updated assumptions on growth, profitability and future P/E following recent research that highlights the accretive HomeStreet deal and potential long term takeout interest, alongside a $17 price target from new coverage. Analyst Commentary Recent research on Mechanics Bancorp gives you a clearer picture of how professionals are framing the stock after the HomeStreet acquisition and the updated fair value estimate.HomeStreet Integration And Stable Core Deposits Will Support Stronger Future Earnings Power
Catalysts About Mechanics Bancorp Mechanics Bancorp operates a West Coast focused community bank with US$21.4b in assets, offering consumer, commercial and wealth management services. What are the underlying business or industry changes driving this perspective?Revenue & Expenses Breakdown
How Mechanics Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 26 | 742 | 281 | 379 | 0 |
| 31 Mar 26 | 689 | 266 | 356 | 0 |
| 31 Dec 25 | 644 | 266 | 325 | 0 |
| 30 Sep 25 | 567 | 193 | 288 | 0 |
| 30 Jun 25 | 589 | 178 | 278 | 0 |
| 31 Mar 25 | 598 | 186 | 277 | 0 |
| 31 Dec 24 | 382 | 29 | 280 | 0 |
| 31 Dec 23 | 637 | 202 | 293 | 0 |
| 31 Dec 22 | 668 | 217 | 302 | 0 |
| 31 Dec 21 | 671 | 206 | 284 | 0 |
| 31 Dec 20 | 533 | 93 | 301 | 0 |
| 31 Dec 19 | 395 | 58 | 203 | 0 |
| 31 Dec 18 | 256 | 52 | 131 | 0 |
| 31 Dec 17 | 244 | 32 | 133 | 0 |
| 31 Dec 16 | 171 | 34 | 84 | 0 |
| 31 Dec 15 | 126 | 19 | 61 | 0 |
Quality Earnings: MCHB has a large one-off gain of $67.4M impacting its last 12 months of financial results to 30th June, 2026.
Growing Profit Margin: MCHB's current net profit margins (37.9%) are higher than last year (30.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MCHB's earnings have grown by 5% per year over the past 5 years.
Accelerating Growth: MCHB's earnings growth over the past year (58.1%) exceeds its 5-year average (5% per year).
Earnings vs Industry: MCHB earnings growth over the past year (58.1%) exceeded the Banks industry 23.3%.
Return on Equity
High ROE: MCHB's Return on Equity (10.5%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/21 15:30 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Mechanics Bancorp is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Rochester | Cantor Fitzgerald & Co. |
| Christopher McGratty | Keefe, Bruyette, & Woods |
| Wood Lay | Keefe, Bruyette, & Woods |