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Mechanics Bank

$14.66
Market Cap 3.23B
ROE 9.9%
Gross Margin 100.0%
Debt/Equity 0.1
Current Ratio 0.0
Revenue QoQ 30.7%
EPS QoQ -0.1%
F-Score 3

About

Mechanics Bank is an independent, full-service community bank based in Walnut Creek, California, with over $17 billion in assets, a best-in-class deposit franchise and 144 branches. It was founded in 1905 to assist the area’s local businesses and families and has remained focused on building lasting customer relationships throughout its storied history. Today, Mechanics Bank is the 5 th largest California-based bank and continues to earn its reputation as a successful and trusted financial partner committed to helping consumers, businesses and communities grow and prosper. Mechanics Bank provides a highly personalized relationship banking experience that includes consumer and business banking services, commercial lending, cash management services, and comprehensive trust, investment and wealth management services. Mechanics Bank received a rating of ‘Outstanding’ from its primary regulator, the Federal Deposit Insurance Corporation (FDIC), for its most recent Community Reinvestment Act (CRA) examination period of May 2016 through April 2019. Mechanics Bank is a Member FDIC institution and Equal Housing Lender.

Exchange
NASDAQ
Sector
Financial Services
Industry
Banks - Regional

Sector context

Financial Services

Fair Value

Trading at a discount to sector peers

P/E
15.51
vs median 7.16
P/B
1.22
vs median 0.99
ROE
0.10
vs median 0.16

Lower quality - review fundamentals carefully

Mid-cap company with growth potential

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