Mechanics Bank provides various banking services for individual clients, and small and middle-market businesses. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has Mechanics Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine MCHB's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine MCHB's volatility change over the past year.
7 Day Return
1 Year Return
Return vs Industry: MCHB matched the US Banks industry which returned 61.5% over the past year.
Return vs Market: MCHB exceeded the US Market which returned 34.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Mechanics Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Mechanics Bank undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MCHB ($31000) is trading above our estimate of fair value ($12783.55)
Significantly Below Fair Value: MCHB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MCHB is poor value based on its PE Ratio (21.3x) compared to the US Banks industry average (10.7x).
PE vs Market: MCHB is poor value based on its PE Ratio (21.3x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MCHB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MCHB is good value based on its PB Ratio (0.8x) compared to the US Banks industry average (1.1x).
How is Mechanics Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mechanics Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Mechanics Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCHB has high quality earnings.
Growing Profit Margin: MCHB's current net profit margins (17.5%) are higher than last year (14.6%).
Past Earnings Growth Analysis
Earnings Trend: MCHB's earnings have grown significantly by 27.5% per year over the past 5 years.
Accelerating Growth: MCHB's earnings growth over the past year (61.6%) exceeds its 5-year average (27.5% per year).
Earnings vs Industry: MCHB earnings growth over the past year (61.6%) exceeded the Banks industry 35.2%.
Return on Equity
High ROE: MCHB's Return on Equity (3.8%) is considered low.
How is Mechanics Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: MCHB's Assets to Equity ratio (7.8x) is low.
Allowance for Bad Loans: MCHB has a sufficient allowance for bad loans (335%).
Low Risk Liabilities: 98% of MCHB's liabilities are made up of primarily low risk sources of funding.
Loan Level: MCHB has an appropriate level of Loans to Assets ratio (57%).
Low Risk Deposits: MCHB's Loans to Deposits ratio (67%) is appropriate.
Level of Bad Loans: MCHB has an appropriate level of bad loans (0.3%).
What is Mechanics Bank current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MCHB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MCHB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MCHB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MCHB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MCHB is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MCHB's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John DeCero (55 yo)
Mr. John W. DeCero serves as Chief Executive Officer at Mechanics Bank since November 2019 and serves as its President from November 2019. Mr. DeCero served as Co-President and Co-Chief Executive Officer o...
Experienced Management: MCHB's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: MCHB's board of directors are considered experienced (6.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Mechanics Bank's company bio, employee growth, exchange listings and data sources
- Name: Mechanics Bank
- Ticker: MCHB
- Exchange: OTCPK
- Founded: 1905
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$1.991b
- Shares outstanding: 64.22k
- Website: https://www.mechanicsbank.com
- Mechanics Bank
- 1350 North Main Street
- Walnut Creek
- United States
Mechanics Bank provides various banking services for individual clients, and small and middle-market businesses. The company offers checking and savings accounts. It also provides home loans and auto finan...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/04 22:14|
|End of Day Share Price||2021/07/29 00:00|
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 here.