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Mechanics Bancorp, Inc. (NASDAQ:MCHB), the holding company of Mechanics Bank, today announced that its fourth quarter 2025 financial results will be released before the market opens on Friday, January 30, 2026. The Company will host a conference call and webcast at 11:00 a.m. ET the same day. Investors and analysts interested in participating in the call are invited to dial 1-833-470-1428 (international callers please dial 1-646-844-6383) approximately 10 minutes prior to the start of the call. The pin to access the call is 763176. A live audio webcast of the conference call will be available on the Company's website at https://ir.mechanicsbank.com. A replay of the conference call will
KBRA assigns a senior unsecured debt rating of BBB+, a subordinated debt rating of BBB, and a short-term debt rating of K2 to Walnut Creek, California-based Mechanics Bancorp (NASDAQ:MCHB) ("Mechanics" or "the company"). In addition, KBRA assigns deposit and senior unsecured debt ratings of A-, a subordinated debt rating of BBB+, and short-term deposit and debt ratings of K2 to its main subsidiary, Mechanics Bank ("the bank"). The Outlook for all long-term ratings is Stable. Additionally, KBRA upgrades the senior unsecured debt rating to BBB+ from BBB-, the subordinated debt rating to BBB from BB+, and the short-term debt rating to K2 from K3 for HomeStreet, Inc. ("HomeStreet" or "HMST").
Mechanics Bancorp ("Mechanics") (NASDAQ:MCHB) announced today that its subsidiary Mechanics Bank has entered into a definitive agreement to sell its Fannie Mae Delegated Underwriting and Servicing ("DUS") business line ("DUS Business") to Fifth Third Bancorp ("Fifth Third") (NASDAQ:FITB) in an all-cash transaction. Completion of the transaction is subject to Fannie Mae's approval of Fifth Third as an authorized DUS lender. The DUS Business comprises a specialized division within Mechanics Bank focused on multifamily lending and servicing under the Fannie Mae DUS program, which allows approved lenders to independently underwrite, close, and service multifamily loans on behalf of Fannie Mae.
4 - Mechanics Bancorp (0001518715) (Issuer)
4 - Mechanics Bancorp (0001518715) (Issuer)
4 - Mechanics Bancorp (0001518715) (Issuer)
8-K - Mechanics Bancorp (0001518715) (Filer)
8-K - Mechanics Bancorp (0001518715) (Filer)
10-Q - Mechanics Bancorp (0001518715) (Filer)
Mechanics Bancorp, Inc. (NASDAQ:MCHB), the holding company of Mechanics Bank, today announced that its fourth quarter 2025 financial results will be released before the market opens on Friday, January 30, 2026. The Company will host a conference call and webcast at 11:00 a.m. ET the same day. Investors and analysts interested in participating in the call are invited to dial 1-833-470-1428 (international callers please dial 1-646-844-6383) approximately 10 minutes prior to the start of the call. The pin to access the call is 763176. A live audio webcast of the conference call will be available on the Company's website at https://ir.mechanicsbank.com. A replay of the conference call will
KBRA assigns a senior unsecured debt rating of BBB+, a subordinated debt rating of BBB, and a short-term debt rating of K2 to Walnut Creek, California-based Mechanics Bancorp (NASDAQ:MCHB) ("Mechanics" or "the company"). In addition, KBRA assigns deposit and senior unsecured debt ratings of A-, a subordinated debt rating of BBB+, and short-term deposit and debt ratings of K2 to its main subsidiary, Mechanics Bank ("the bank"). The Outlook for all long-term ratings is Stable. Additionally, KBRA upgrades the senior unsecured debt rating to BBB+ from BBB-, the subordinated debt rating to BBB from BB+, and the short-term debt rating to K2 from K3 for HomeStreet, Inc. ("HomeStreet" or "HMST").
Mechanics Bancorp (NASDAQ:MCHB) today announced that it has declared a cash dividend of $0.21 per share of Class A common stock and $2.10 per share of Class B common stock, each payable on December 15, 2025, to shareholders of record as of the close of business on December 8, 2025. "Our integration of HomeStreet Bank is progressing smoothly and our regulatory capital ratios are stronger than initially anticipated," said C.J. Johnson, President and CEO of Mechanics Bancorp. "As such, we are pleased to accelerate our capital return strategy with this fourth quarter dividend." About Mechanics Bancorp Mechanics Bancorp is headquartered in Walnut Creek, Calif., and is the holding company of M