Mechanics Bancorp (NASDAQ:MCHB) Receives $17.12 Consensus Target Price from Analysts

Posted by Geri Gentry on Sep 12th, 2026

Shares of Mechanics Bancorp (NASDAQ:MCHB – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the five brokerages that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $17.1250.

MCHB has been the topic of a number of research analyst reports. Raymond James Financial assumed coverage on shares of Mechanics Bancorp in a research note on Thursday, May 28th. They issued an “outperform” rating and a $17.00 target price on the stock. Zacks Research raised Mechanics Bancorp to a “hold” rating in a report on Monday, June 1st. Weiss Ratings raised Mechanics Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. Keefe, Bruyette & Woods increased their price objective on Mechanics Bancorp from $16.00 to $17.50 and gave the company a “market perform” rating in a research report on Wednesday, August 5th. Finally, Stifel Nicolaus set a $17.00 price target on shares of Mechanics Bancorp in a report on Thursday, May 28th.

Check Out Our Latest Stock Analysis on MCHB

Hedge Funds Weigh In On Mechanics Bancorp

Institutional investors have recently modified their holdings of the stock. Mendon Capital Advisors Corp bought a new stake in shares of Mechanics Bancorp in the 3rd quarter valued at $14,043,000. Vanguard Group Inc. bought a new position in Mechanics Bancorp during the third quarter worth about $13,128,000. Geode Capital Management LLC lifted its holdings in shares of Mechanics Bancorp by 167.3% during the 4th quarter. Geode Capital Management LLC now owns 1,368,368 shares of the company’s stock valued at $20,024,000 after purchasing an additional 856,476 shares in the last quarter. CenterBook Partners LP grew its position in shares of Mechanics Bancorp by 688.1% in the 4th quarter. CenterBook Partners LP now owns 850,570 shares of the company’s stock valued at $12,444,000 after purchasing an additional 742,641 shares during the period. Finally, Dimensional Fund Advisors LP bought a new stake in Mechanics Bancorp during the 3rd quarter worth approximately $9,557,000. 74.71% of the stock is owned by institutional investors.

Mechanics Bancorp Trading Down 0.4%

NASDAQ MCHB opened at $15.37 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.05. Mechanics Bancorp has a 1-year low of $12.82 and a 1-year high of $17.38. The firm’s fifty day simple moving average is $16.22 and its 200-day simple moving average is $15.35. The company has a market capitalization of $3.40 billion, a PE ratio of 12.50 and a beta of 1.39.

Mechanics Bancorp Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Saturday, August 29th were given a $0.25 dividend. The ex-dividend date was Friday, August 28th. This represents a $1.00 dividend on an annualized basis and a yield of 6.5%. Mechanics Bancorp’s payout ratio is 81.30%.

Mechanics Bancorp Company Profile

(Get Free Report)

Mechanics Bancorp, Inc is the bank holding company for Mechanics Bank, a community-focused financial institution headquartered in Mansfield, Ohio. Through its banking subsidiary, the company serves individuals, families, businesses and organizations in north-central Ohio.

Mechanics Bank offers a range of traditional banking products and services, including checking and savings accounts, certificates of deposit, residential mortgage loans, commercial real estate financing, business loans, construction lending and consumer credit.