Mechanics Bank (MCHB) is a publicly traded company in the Financial Services — Banks - Regional industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Mechanics Bank delivers a comprehensive suite of financial solutions, catering to the diverse needs of individual clients and small to mid-sized businesses. Its foundational offerings include a variety of checking and savings accounts.
Is Mechanics Bank stock overvalued or undervalued in 2026?
As of October 3, 2026, Mechanics Bank (MCHB) trades at 11.9× earnings (P/E), against a median of 12.9× across the 335 banking companies above $2bn in Kaplio's universe. Kaplio's verdict: justified. At a P/B justified by its ROTCE del 14,7 % (2.0×) $23 (+55 %); at its peers' median (1.1×) $13 (-14 %).
Kaplio overview: Mechanics Bank
Market cap $3B · 52 weeks $13 – $17 (12 % below the high) · P/E 11.9× · 2027 expected P/E 12.5× · Dividend 10.5 % · Next earnings October 29, 2026 · expected EPS $0.27 · Price as of Oct 3 · accounts published Jul 29.
- Valuation: P/B 1.3× (justified).
- Business: ROTCE 14.7 % (solid).
- Balance sheet: Capital/assets 12.7 % (solid).
- Earnings: 3 of 8 (disappointing).
What would it be worth at its usual multiples?
At a P/B justified by its ROTCE del 14,7 % (2.0×) $23 (+55 %); at its peers' median (1.1×) $13 (-14 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in banking: 4 of 5 pass
- Sustainable dividend yield 10.5 %, fails.
- ROA 1.2 %, passes.
- ROTCE 14.7 %, passes.
- Equity / Assets (Tier 1 proxy) 12.7 %, passes.
- P/B (Price / Book) 1.3×, passes.
Against its peers (reference peers) — Mechanics Bank: P/E 11.9×; P/B 1.3×; ROE 9.3 %; $3.3B. TowneBank (P/E 10.1×; P/B 1.1×; ROE 7.0 %; $3.3B), Park National Corporation (P/E 16.3×; P/B 1.9×; ROE 12.5 %; $3.3B), Simmons First National Corporation (P/E —; P/B 1.0×; ROE -11.6 %; $3.3B).
Expensive or cheap against its last ten fiscal years?
Precio / valor contable at each close: today 1.3× · median 1.0× · minimum 0.1× · maximum 1.8× · cheap below 0.6× · expensive above 1.3×. It has been cheaper than today 83% of the time over its last ten fiscal years.
Dividend
tight · Yield 10.47 % ($0.22 per share in 2025) · paying since 2020 · 5-year growth -18 % a year · Free cash flow coverage payout 18 % · With $1,000 invested today you'd collect $104.70 a year ($8.72 a month).
Profitability
| Return on Equity | 9.28% |
| Return on Invested Capital | 1.18% |
| Return on Assets | 1.18% |
| Gross Margin | 73.12% |
| Operating Margin | 31.51% |
| Net Margin | 26.53% |
Financial Health
| Debt / Equity | 0.08 |
| Current Ratio | 231.49 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 0.27 |
Price Performance
| 1 month | -5.63% |
| 3 months | -3.74% |
| Year-to-date | +2.05% |
| 1 year | +14.67% |
| 3 years | +114.51% |
| 5 years | -65.17% |
Dividend History
Paid in the last 12 months: $1.5600 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-08-28 | $0.2500 |
| 2026-05-22 | $0.7000 |
| 2026-03-09 | $0.4000 |
| 2025-12-08 | $0.2100 |
| 2023-11-07 | $0.1000 |
| 2023-08-08 | $0.1000 |
| 2023-05-09 | $0.1000 |
| 2023-02-07 | $0.3500 |
| 2022-11-07 | $0.3500 |
| 2022-08-08 | $0.3500 |
Amounts adjusted for stock splits.
Related companies: CVCY · CVLY · EVBN · FLIC · FRC · PWOD · SBT
Explore sector: Financial Services · Banks - Regional
More sections of MCHB: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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