Mechanics Bancorp operates as the holding company for Mechanics Bank, a regional financial institution providing comprehensive banking and financial services across California, Oregon, Washington, and Hawaii. The company offers a broad range of retail banking products including checking and savings accounts, debit and credit cards, and digital banking services such as online and mobile platforms and digital wallet functionality. Its consumer lending includes home loans, auto loans, and various credit products alongside cash management and fraud prevention services.
The company's commercial and business lending portfolio encompasses term loans and lines of credit, owner-occupied real estate lending, small business administration loans, multi-family residential lending, commercial real estate financing, and equipment financing. Mechanics Bank also provides trade services, letters of credit, merchant services, and payroll processing for small and mid-sized businesses.
In addition, the company offers wealth management services including trust and estate planning, investment management, specialty asset management, and retirement plan administration, along with private banking and brokerage services. Founded in 1905 and headquartered in Walnut Creek, California, Mechanics Bancorp operates with approximately 1,921 full-time employees across its four-state service region.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $-7.65 | $-7.65 | -424.0% | |
| 2023 | $-1.46 | $-1.46 | -141.8% | |
| 2022 | $3.49 | $3.51 | -36.1% | |
| 2021 | $5.46 | $5.53 | +57.3% | |
| 2020 | $3.47 | $3.50 | +671.1% | |
| 2019 | $0.45 | $0.45 | -19.6% | |
| 2018 | $0.56 | $0.56 | -56.6% | |
| 2017 | $1.29 | $1.30 | +1333.3% | |
| 2016 | $0.09 | $0.09 | -76.9% | |
| 2015 | $0.39 | $0.39 | +2.6% | |
| 2014 | $0.38 | $0.38 | +733.3% | |
| 2013 | $-0.06 | $-0.06 | -104.1% | |
| 2012 | $1.46 | $1.50 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2024-12-31 | 2025-03-07 | 0001518715-25-000026 | SEC ↗ |
| 2023-12-31 | 2024-03-06 | 0001518715-24-000075 | SEC ↗ |
| 2022-12-31 | 2023-03-06 | 0001518715-23-000047 | SEC ↗ |
| 2021-12-31 | 2022-03-04 | 0001518715-22-000066 | SEC ↗ |
| 2020-12-31 | 2021-03-12 | 0001518715-21-000065 | SEC ↗ |
| 2019-12-31 | 2020-03-06 | 0001518715-20-000047 | SEC ↗ |
| 2018-12-31 | 2019-03-06 | 0001518715-19-000056 | SEC ↗ |