Mechanics Bancorp (NASDAQ:MCHB) Receives $16.25 Consensus Price Target from Brokerages

Posted by Francis Steltz on Jun 4th, 2026

Shares of Mechanics Bancorp (NASDAQ:MCHB – Get Free Report) have earned a consensus rating of “Hold” from the five analysts that are presently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $16.6250.

MCHB has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods cut their price objective on shares of Mechanics Bancorp from $16.00 to $15.50 and set a “market perform” rating for the company in a report on Monday, May 4th. Weiss Ratings lowered shares of Mechanics Bancorp from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 22nd. Raymond James Financial began coverage on shares of Mechanics Bancorp in a report on Thursday, May 28th. They issued an “outperform” rating and a $17.00 target price for the company. Zacks Research raised shares of Mechanics Bancorp to a “hold” rating in a report on Monday. Finally, Stifel Nicolaus set a $17.00 target price on shares of Mechanics Bancorp in a report on Thursday, May 28th.

Get Our Latest Report on MCHB

Mechanics Bancorp Trading Down 3.1%

Shares of MCHB opened at $14.27 on Thursday. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.80 and a quick ratio of 0.80. Mechanics Bancorp has a 1 year low of $12.05 and a 1 year high of $16.03. The company has a 50 day simple moving average of $14.83 and a two-hundred day simple moving average of $14.74. The firm has a market cap of $3.16 billion, a P/E ratio of 19.03 and a beta of 1.42.

Mechanics Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Saturday, May 23rd were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 19.6%. This is a boost from Mechanics Bancorp’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Friday, May 22nd. Mechanics Bancorp’s payout ratio is 373.33%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of MCHB. Covestor Ltd purchased a new position in shares of Mechanics Bancorp in the third quarter valued at $60,000. Vanguard Personalized Indexing Management LLC bought a new stake in Mechanics Bancorp in the third quarter worth $188,000. Acuitas Investments LLC bought a new stake in Mechanics Bancorp in the third quarter worth $1,401,000. AlphaQuest LLC bought a new stake in Mechanics Bancorp in the third quarter worth $45,000. Finally, ELCO Management Co. LLC bought a new stake in Mechanics Bancorp in the third quarter worth $437,000. 74.71% of the stock is owned by hedge funds and other institutional investors.

About Mechanics Bancorp

(Get 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.