Mechanics Bancorp (MCHB) Stock Price, News & Analysis

Company Overview

HomeStreet, Inc. operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumer/retail banking services primarily in the Western United States. The company offers personal and business checking, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit; credit cards; insurance; and treasury management products and services. Its loan products include commercial business and agriculture loans, single family residential mortgages, consumer loans, commercial loans secured by residential and commercial real estate, and construction loans for residential and commercial real estate development, as well as consumer installment loans and permanent loans on commercial real estate and single-family residences. In addition, the company offers its products and services through bank branches, loan production offices, and ATMs, as well as through online, mobile, and telephone banking. As of December 31, 2021, it operated 60 full-service bank branches located in Washington state, Northern and Southern California, the Portland, Oregon, and Hawaii; and five primary stand-alone commercial lending centers in Central Washington, Oregon, Southern California, Idaho, and Utah. HomeStreet, Inc. serves small and medium sized businesses, real estate investors, professional firms, and individuals. The company was formerly known as Continental Mortgage and Loan Company. HomeStreet, Inc. was incorporated in 1921 and is headquartered in Seattle, Washington.

Key Stats

• Today's Range: $14.41 to $14.94
• 50-Day Range: $14.05 to $15.75
• 52-Week Range: $11.55 to $16.02
• Volume: 459,971 shs
• Average Volume: 428,616 shs
• Market Capitalization: $3.29 billion
• P/E Ratio: 19.80
• Dividend Yield: 10.77%
• Price Target: $16.25
• Consensus Rating: Moderate Buy

Mechanics Bancorp Stock Analysis - MarketRank™

Mechanics Bancorp scored higher than 29% of companies evaluated by MarketBeat, and ranked 44th out of 69 stocks in the financial services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.6 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Mechanics Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no strong buy ratings, 2 buy ratings, 2 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Mechanics Bancorp is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Mechanics Bancorp has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Mechanics Bancorp is 19.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mechanics Bancorp is 19.80, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 15.82.

Price to Book Value per Share Ratio

Mechanics Bancorp has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MCHB.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Mechanics Bancorp is a leading dividend payer. It pays a dividend yield of 10.72%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Mechanics Bancorp does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Mechanics Bancorp is 213.33%. Payout ratios above 75% are not desirable because they may not be sustainable.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: -0.30

News Sentiment

Mechanics Bancorp has a news sentiment score of -0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Mechanics Bancorp this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.9 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Mechanics Bancorp insiders have not sold or bought any company stock.

Percentage Held by Insiders

4.60% of the stock of Mechanics Bancorp is held by insiders.

Percentage Held by Institutions

74.71% of the stock of Mechanics Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MCHB Stock Analysis - Frequently Asked Questions

How have MCHB shares performed this year?

Mechanics Bancorp's stock was trading at $14.63 at the beginning of the year. Since then, MCHB stock has increased by 1.5% and is now trading at $14.8530.

Who are Mechanics Bancorp's major shareholders?

Mechanics Bancorp's top institutional shareholders include Bank of New York Mellon Corp (0.50%), SG Americas Securities LLC (0.01%) and Fifth Third Bancorp.

How do I buy shares of Mechanics Bancorp?

Shares of MCHB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Mechanics Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mechanics Bancorp investors own include Cornerstone Total Return Fund (CRF), Cornerstone Strategic Investment Fund (CLM), Redwood Trust (RWT), Sabra Healthcare REIT (SBRA), TPG RE Finance Trust (TRTX), Verizon Communications (VZ) and Arbor Realty Trust (ABR).

Company Calendar

• Record date for 3/19 Dividend: 3/09/2026
• Ex-Dividend for 3/19 Dividend: 3/09/2026
• Dividend Payable: 3/19/2026
• Today: 5/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Financial Services
• Industry: State Commercial Banks – Fed Reserve System
• Sub-Industry: Banking
• Current Symbol: NASDAQ:MCHB
• Previous Symbol: OTC:MCHB
• CIK: 1518715
• Web: N/A
• Phone: (206) 623-3050
• Fax: 800-654-1075
• Employees: 1,971
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Mechanics Bancorp: $16.25
• High Price Target: $17.00
• Low Price Target: $15.50
• Potential Upside/Downside: +9.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.75
• Trailing P/E Ratio: 19.80
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $265.74 million
• Net Margins: 21.71%
• Pretax Margin: 30.88%
• Return on Equity: 11.64%
• Return on Assets: 1.33%

Debt

• Debt-to-Equity Ratio: 0.07
• Current Ratio: 0.81
• Quick Ratio: 0.81

Sales & Book Value

• Annual Sales: $1.03 billion
• Price / Sales: 3.18
• Cash Flow: $1.34 per share
• Price / Cash Flow: 11.05
• Book Value: $12.93 per share
• Price / Book: 1.15

Miscellaneous

• Outstanding Shares: 221,390,000
• Free Float: 211,205,000
• Market Cap: $3.29 billion
• Optionable: N/A
• Beta: 1.42