Mechanics Bancorp Class A Stock News

WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (“Mechanics”) (Nasdaq: MCHB) announced today that its wholly owned subsidiary, Mechanics Bank, completed the sale to Bank of America's trading desk of approximately $417 million of its remaining performing indirect auto loans at a price near book value, with a cutoff date of August 31, 2026. Mechanics Bank will retain approximately $13 mi...

WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (Nasdaq: MCHB) today announced it has declared a cash dividend of $0.25 per share of Class A common stock and $2.50 per share of Class B common stock, each payable on September 1, 2026, to shareholders of record as of the close of business on August 29, 2026. About Mechanics Bancorp Mechanics Bancorp is headquartered in Walnut Creek, Cali...

WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (NASDAQ: MCHB): Second Quarter Highlights $21.2 billion Total Assets   $57.7 million Net Income   14.39% CET1 Ratio (1)   $12.15 Book Value Per Share $7.56 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 result...

WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bank has opened Mechanics Bank Trust Company of Delaware, a wholly owned subsidiary that provides complex trust planning and administration in accordance with the State of Delaware's unique and advantageous laws. The new, non-depository office expands on Mechanics Bank Wealth Management's capabilities and enhances opportunities for trust clients ...