Mechanics Bank

MCHB

US5836141029

Banks

Market Closed - OTC Markets Other stock markets 11:22:58 2023-11-10 am EST			5-day change	1st Jan Change
24,000.00 ^USD	+3.45%		0.00%	0.00%

Sep. 18	Mechanics Bank Names Robbin Preciado Executive Vice President and Director of Retail Banking	CI
Aug. 09	No data in subsection	FA

Mechanics Bank Reports Earnings Results for the Full Year Ended December 31, 2021

April 23, 2022 at 09:04 am EDT

Mechanics Bank reported earnings results for the full year ended December 31, 2021. For the full year, the company reported net interest income was USD 621.16 million compared to USD 575.24 million a year ago. Net income was USD 206.01 million compared to USD 93.46 million a year ago. Basic earnings per share from continuing operations was USD 3,207.99 compared to USD 1,455.42 a year ago.

Latest news about Mechanics Bank

Mechanics Bank Names Robbin Preciado Executive Vice President and Director of Retail Banking	Sep. 18	CI
No data in subsection	Aug. 08	FA
Mechanics Bank Appoints Kelly Johnston as Executive Vice President and Director of Wealth Management	Jul. 19	CI
Mechanics Bank Reports Earnings Results for the Full Year Ended December 31, 2022	Apr. 13	CI
U.S. Currency	Feb. 22	FA
No data in subsection	Nov. 15	FA
No data in subsection	2022	FA
No data in subsection	2022	FA
Mechanics Bank Reports Earnings Results for the Full Year Ended December 31, 2021	2022	CI
No data in subsection	2022	FA
U.S. Currency	2021	FA
Mechanics Bank Declares Cash Dividend, Payable on November 10, 2021	2021	CI
U.S. Currency	2021	FA
Mechanics Bank Declares Special Cash Dividend, Payable on August 5, 2021	2021	CI
Mechanics Bank Reports Earnings Results for the Full Year Ended December 31, 2020	2021	CI
Mechanics Bank Reports Earnings Results for the Full Year Ended December 31, 2019	2020	CI
Mechanics Bank completed the acquisition of Rabobank, National Association from Coöperatieve Rabobank U.A.	2019	CI
Mechanics Bank Reports Earnings Results for the Full Year Ended December 31, 2018	2019	CI
Mechanics Bank signed a definitive agreement to acquire Rabobank, National Association from Coöperatieve Rabobank U.A. for $2.1 billion.	2019	CI
Mechanics Bank Appoints Scott Hoover as Vice President, Senior Relationship Manager	2018	CI
Javier Corrales Joins Mechanics Bank as Vice President and Senior Manager of Title and Escrow Division	2018	CI
Mechanics Bank completed the acquisition of Learner Financial Corporation.	2018	CI
Mechanics Bank signed a definitive agreement to acquire Learner Financial Corporation.	2018	CI
Mechanics Bank to Move Newport Beach Office	2017	CI
Mechanics Bank Announces to Relocate at Newport Beach Office	2017	CI

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Company Profile

Mechanics Bank (the Bank) is a full-service bank. The Bank operates a network of retail banking branches, and commercial lending and wealth management offices statewide. It provides a range of products and resources in consumer and business banking, commercial lending, cash management, private banking, and comprehensive trust and wealth management services. The Bank also engages in indirect automobile lending activities including origination, securitization and servicing of new and pre-owned retail automobile sales contracts from both franchised and independent automobile dealerships. Its loan portfolio includes commercial and industrial, commercial real estate, residential real estate, auto and installment loans. Its business solutions include merchant services, business credit cards, and retirement planning. It offers treasure management services, such as payable solutions, fraud prevention, and cash management. It provides employee benefit plans and specialty asset management.

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Banks

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