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Mechanics Bank: Q2 Earnings Snapshot
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Latest News – WTOP News
WALNUT CREEK, Calif. (AP) — WALNUT CREEK, Calif. (AP) — Mechanics Bank (MCHB) on Wednesday reported net income of $57.7…WALNUT CREEK, Calif. (AP) — WALNUT CREEK, Calif. (AP) — Mechanics Bank (MCHB) on Wednesday reported net income of $57.7 million in its second quarter.
The bank, based in Walnut Creek, California, said it had earnings of 25 cents per share.
The real estate lender posted revenue of $261.7 million in the period.
Its revenue net of interest expense was $201 million, which topped Street forecasts.
Access a Zacks stock report on MCHB at https://www.zacks.com/ap/MCHBCopyright © 2026 The Associated Press.