# Mechanics Bancorp: overview

MCHB · Nasdaq · CIK 1518715 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/mchb.md) · [Financials](/companies/mchb/financials.md) · [Filings](/companies/mchb/filings.md) · [Insiders](/companies/mchb/insiders.md)

Latest reported revenue: [$13.6m](/filings/0001518715-26-000060.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 7, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001518715-26-000060).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [12.3](/filings/0001518715-25-000181.md) | [12.3 d](/filings/0001518715-26-000026.md) | [11.5](/filings/0001518715-26-000046.md) | [11.7](/filings/0001518715-26-000060.md) | [12.4](/filings/0001518715-25-000181.md) | [14.1 d](/filings/0001518715-26-000026.md) | [13.0](/filings/0001518715-26-000046.md) | [13.6](/filings/0001518715-26-000060.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [325.0%](/filings/0001518715-25-000181.md) | [418.4% d](/filings/0001518715-26-000026.md) | [380.8%](/filings/0001518715-26-000046.md) | [361.6%](/filings/0001518715-26-000060.md) | [444.2%](/filings/0001518715-26-000026.md) | [884.0% d](/filings/0001518715-26-000026.md) | [338.7%](/filings/0001518715-26-000046.md) | [423.9%](/filings/0001518715-26-000060.md) |
| Diluted EPS | $ per share | [0.20](/filings/0001518715-25-000181.md) | not reported | [0.22](/filings/0001518715-26-000046.md) | [0.21](/filings/0001518715-26-000060.md) | [0.26](/filings/0001518715-25-000181.md) | not reported | [0.20](/filings/0001518715-26-000046.md) | [0.26](/filings/0001518715-26-000060.md) |
| Free cash flow | $m | [245 d](/filings/0001518715-25-000181.md) | [72.4 d](/filings/0001518715-26-000026.md) | [(1.9)](/filings/0001518715-26-000046.md) | [63.7 d](/filings/0001518715-26-000060.md) | [14.9 d](/filings/0001518715-25-000181.md) | [110 d](/filings/0001518715-26-000026.md) | [8.8](/filings/0001518715-26-000046.md) | [49.6 d](/filings/0001518715-26-000060.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | not reported | not reported | not reported | [48.1](/filings/0001518715-26-000026.md) | [49.7](/filings/0001518715-26-000026.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | [60.3%](/filings/0001518715-26-000026.md) | [534.4%](/filings/0001518715-26-000026.md) |
| Diluted EPS | $ per share | [5.46](/filings/0001518715-24-000075.md) | [3.49](/filings/0001518715-24-000075.md) | [(1.46)](/filings/0001518715-25-000026.md) | [0.14](/filings/0001518715-26-000026.md) | [1.27](/filings/0001518715-26-000026.md) |
| Free cash flow | $m | [170](/filings/0001518715-24-000075.md) | [212](/filings/0001518715-24-000075.md) | [4.2](/filings/0001518715-25-000026.md) | [286](/filings/0001518715-26-000026.md) | [187](/filings/0001518715-26-000026.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/mchb/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $49.0m | 3,082,045 |  | Reduced −344,519 |
| [Mechanics Bank Trust Department](/funds/1439743.md) | 2026-06-30 | $35.7m | 2,242,540 |  | Reduced −59,421 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $27.4m | 1,722,446 |  | Added +12,021 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $26.2m | 1,649,674 |  | Reduced −430,765 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $21.9m | 1,377,662 |  | Reduced −42,857 |
| [Composition Wealth, LLC](/funds/1585859.md) | 2026-06-30 | $17.7m | 1,115,781 |  | Unchanged |
| [Bank of New York Mellon Corp](/funds/1390777.md) | 2026-06-30 | $17.3m | 1,088,061 |  | Reduced −10,339 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $12.1m | 761,455 |  | Reduced −11,913 |
| [CHARLES SCHWAB INVESTMENT MANAGEMENT INC](/funds/884546.md) | 2026-06-30 | $8.5m | 532,287 |  | Reduced −112,286 |
| [Sculptor Capital LP](/funds/1054587.md) | 2026-06-30 | $8.2m | 512,727 |  | Unchanged |

## Recent filings

[All 1,979 filings](/companies/mchb/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-17 | 18:26 ET | [8-K](/filings/0001518715-26-000068.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001518715-26-000068 |
| 2026-08-20 | 18:28 ET | [8-K](/filings/0001518715-26-000064.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001518715-26-000064 |
| 2026-08-07 | 15:34 ET | [10-Q](/filings/0001518715-26-000060.md) | Quarterly report, period 2026-06-30 | 0001518715-26-000060 |
| 2026-07-29 | 06:01 ET | [8-K](/filings/0001518715-26-000057.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001518715-26-000057 |
| 2026-06-01 | 16:02 ET | [8-K](/filings/0001518715-26-000052.md) | 5.07 Shareholder vote results | 0001518715-26-000052 |
| 2026-05-13 | 16:26 ET | [8-K](/filings/0001518715-26-000048.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001518715-26-000048 |
| 2026-05-08 | 13:48 ET | [10-Q](/filings/0001518715-26-000046.md) | Quarterly report, period 2026-03-31 | 0001518715-26-000046 |
| 2026-05-05 | 17:03 ET | [8-K](/filings/0001518715-26-000043.md) | 8.01 Other events | 0001518715-26-000043 |
| 2026-04-30 | 06:01 ET | [8-K](/filings/0001518715-26-000041.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001518715-26-000041 |
| 2026-04-16 | 16:04 ET | [DEF 14A](/filings/0001518715-26-000038.md) | Proxy statement, period 2026-05-28 | 0001518715-26-000038 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001518715-26-000026.md), filed Mar 17, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/9775021b-3b5a-4758-9c3f-4cf74536523a)

## About the filer

- CIK: 1518715
- Tickers: MCHB
- Exchange: Nasdaq
- SIC code: 6022 State Commercial Banks
- State of incorporation: WA
- Filer category: Accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:41 ET. No prices; not investment advice.
