Stieven Capital Advisors L.P. Sells 101,500 Shares of Mechanics Bancorp $MCHB

Posted by Brian Himes on May 23rd, 2026

Stieven Capital Advisors L.P. trimmed its holdings in shares of Mechanics Bancorp (NASDAQ:MCHB – Free Report) by 17.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 480,235 shares of the company’s stock after selling 101,500 shares during the quarter. Stieven Capital Advisors L.P. owned 0.22% of Mechanics Bancorp worth $7,026,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Simcoe Capital LLC purchased a new position in shares of Mechanics Bancorp during the fourth quarter valued at $5,008,000. Precision Wealth Strategies LLC purchased a new position in Mechanics Bancorp in the fourth quarter valued at about $659,000. UBS Group AG grew its stake in shares of Mechanics Bancorp by 223.6% during the fourth quarter. UBS Group AG now owns 186,869 shares of the company’s stock worth $2,734,000 after acquiring an additional 129,118 shares during the last quarter. Mechanics Bank Trust Department purchased a new stake in shares of Mechanics Bancorp during the fourth quarter worth about $50,082,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Mechanics Bancorp during the fourth quarter worth about $185,000. 74.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

MCHB has been the subject of a number of research reports. Cantor Fitzgerald initiated coverage on Mechanics Bancorp in a report on Friday, April 10th. They set an “overweight” rating and a $17.00 target price for the company. Keefe, Bruyette & Woods decreased their target price on Mechanics Bancorp from $16.00 to $15.50 and set a “market perform” rating for the company in a report on Monday, May 4th. Finally, Weiss Ratings downgraded Mechanics Bancorp from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $16.25.

Get Our Latest Analysis on Mechanics Bancorp

Mechanics Bancorp Trading Down 5.4%

Shares of NASDAQ:MCHB opened at $14.15 on Friday. Mechanics Bancorp has a 12-month low of $11.83 and a 12-month high of $16.03. The company has a market capitalization of $3.13 billion, a PE ratio of 18.87 and a beta of 1.42. The business has a 50 day moving average of $14.80 and a two-hundred day moving average of $14.66. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.05.

Mechanics Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Saturday, May 23rd will be issued a $0.70 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This is a boost from Mechanics Bancorp’s previous quarterly dividend of $0.40. This represents a $2.80 dividend on an annualized basis and a yield of 19.8%. Mechanics Bancorp’s dividend payout ratio is presently 213.33%.

Mechanics Bancorp Company Profile

(Free Report)

HomeStreet, Inc operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumer/retail banking services primarily in the Western United States. The company offers personal and business checking, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit; credit cards; insurance; and treasury management products and services. Its loan products include commercial business and agriculture loans, single family residential mortgages, consumer loans, commercial loans secured by residential and commercial real estate, and construction loans for residential and commercial real estate development, as well as consumer installment loans and permanent loans on commercial real estate and single-family residences.