Mechanics Bank (MCHB) - Net Assets
Based on the latest financial reports, Mechanics Bank (MCHB) has net assets worth $2.79 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($21.39 Billion) and total liabilities ($18.60 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check MCHB tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.79 Billion |
| % of Total Assets | 13.05% |
| Annual Growth Rate | 11.98% |
| 5-Year Change | 300.14% |
| 10-Year Change | 354.86% |
| Growth Volatility | 83.1 |
Mechanics Bank - Net Assets Trend (2000–2025)
This chart illustrates how Mechanics Bank's net assets have evolved over time, based on quarterly financial data. See MCHB cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Mechanics Bank (2000–2025)
The table below shows the annual net assets of Mechanics Bank from 2000 to 2025. For live valuation and market cap data, see MCHB market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.86 Billion | +24.35% |
| 2024-12-31 | $2.30 Billion | +327.55% |
| 2023-12-31 | $538.39 Million | -4.23% |
| 2022-12-31 | $562.15 Million | -21.42% |
| 2021-12-31 | $715.34 Million | -0.34% |
| 2020-12-31 | $717.75 Million | +5.59% |
| 2019-12-31 | $679.72 Million | -8.09% |
| 2018-12-31 | $739.52 Million | +4.99% |
| 2017-12-31 | $704.38 Million | +11.93% |
| 2016-12-31 | $629.28 Million | +35.25% |
| 2015-12-31 | $465.27 Million | +58.01% |
| 2014-12-31 | $294.46 Million | -3.22% |
| 2013-12-31 | $304.25 Million | +2.16% |
| 2012-12-31 | $297.82 Million | +251.84% |
| 2011-12-31 | $84.65 Million | +43.99% |
| 2010-12-31 | $58.79 Million | -36.03% |
| 2009-12-31 | $91.90 Million | -66.53% |
| 2007-12-31 | $274.56 Million | +8.33% |
| 2006-12-31 | $253.46 Million | +6.56% |
| 2005-12-31 | $237.85 Million | +0.52% |
| 2004-12-31 | $236.62 Million | +5.61% |
| 2003-12-31 | $224.05 Million | +7.76% |
| 2002-12-31 | $207.92 Million | +12.54% |
| 2001-12-31 | $184.76 Million | +9.14% |
| 2000-12-31 | $169.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mechanics Bank's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 194.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $456.69 Million | 15.96% |
| Common Stock | $2.40 Billion | 83.92% |
| Other Comprehensive Income | $3.49 Million | 0.12% |
| Total Equity | $2.86 Billion | 100.00% |
Mechanics Bank Competitors by Market Cap
The table below lists competitors of Mechanics Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Southchip Semiconductor Technology (Shanghai) Co. Ltd. A
SHG:688484
|
$3.30 Billion |
|
Huhtamaki Oyj
HE:HUH1V
|
$3.30 Billion |
|
Garden Reach Shipbuilders & Engineers Limited
NSE:GRSE
|
$3.30 Billion |
|
Denali Therapeutics Inc
NASDAQ:DNLI
|
$3.30 Billion |
|
Adecco Group AG
F:ADIA
|
$3.29 Billion |
|
Camurus AB
ST:CAMX
|
$3.29 Billion |
|
Liechtensteinische Landesbank Aktiengesellschaft
STU:LLS1
|
$3.29 Billion |
|
Xiamen Changelight
SHE:300102
|
$3.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mechanics Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,301,868,000 to 2,862,375,000, a change of 560,507,000 (24.4%).
- Net income of 265,739,000 contributed positively to equity growth.
- Dividend payments of 48,561,000 reduced retained earnings.
- Other comprehensive income increased equity by 63,253,000.
- Other factors increased equity by 280,076,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $265.74 Million | +9.28% |
| Dividends Paid | $48.56 Million | -1.7% |
| Other Comprehensive Income | $63.25 Million | +2.21% |
| Other Changes | $280.08 Million | +9.78% |
| Total Change | $- | 24.35% |
Book Value vs Market Value Analysis
This analysis compares Mechanics Bank's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.14x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.02x to 1.14x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $731.66 | $14.96 | x |
| 2003-12-31 | $788.44 | $14.96 | x |
| 2004-12-31 | $832.66 | $14.96 | x |
| 2005-12-31 | $857.09 | $14.96 | x |
| 2006-12-31 | $920.47 | $14.96 | x |
| 2007-12-31 | $0.00 | $14.96 | x |
| 2009-12-31 | $2.69 | $14.96 | x |
| 2010-12-31 | $1.72 | $14.96 | x |
| 2011-12-31 | $2.53 | $14.96 | x |
| 2012-12-31 | $19.20 | $14.96 | x |
| 2013-12-31 | $1.80 | $14.96 | x |
| 2014-12-31 | $2.02 | $14.96 | x |
| 2015-12-31 | $2.21 | $14.96 | x |
| 2016-12-31 | $2.53 | $14.96 | x |
| 2017-12-31 | $2.60 | $14.96 | x |
| 2018-12-31 | $2.72 | $14.96 | x |
| 2019-12-31 | $2.64 | $14.96 | x |
| 2020-12-31 | $3.11 | $14.96 | x |
| 2021-12-31 | $3.38 | $14.96 | x |
| 2022-12-31 | $2.54 | $14.96 | x |
| 2023-12-31 | $2.44 | $14.96 | x |
| 2024-12-31 | $10.42 | $14.96 | x |
| 2025-12-31 | $13.08 | $14.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mechanics Bank utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.28%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.78%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 7.85x
- Recent ROE (9.28%) is above the historical average (5.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 11.98% | 15.01% | 0.08x | 10.27x | $3.35 Million |
| 2001 | 12.00% | 15.38% | 0.08x | 10.27x | $3.69 Million |
| 2002 | 12.80% | 25.01% | 0.05x | 10.04x | $5.82 Million |
| 2003 | 11.98% | 24.20% | 0.05x | 10.13x | $4.43 Million |
| 2004 | 10.19% | 22.45% | 0.04x | 10.44x | $448.14K |
| 2005 | 10.56% | 22.56% | 0.04x | 11.12x | $1.33 Million |
| 2006 | 10.46% | 22.34% | 0.04x | 10.88x | $1.16 Million |
| 2007 | 10.57% | 15.30% | 0.07x | 9.86x | $1.55 Million |
| 2009 | -120.00% | -64.64% | 0.05x | 34.93x | $-119.47 Million |
| 2010 | -58.25% | -17.97% | 0.08x | 42.28x | $-40.13 Million |
| 2011 | 18.65% | 9.10% | 0.08x | 26.50x | $7.48 Million |
| 2012 | 31.14% | 27.10% | 0.11x | 10.12x | $55.75 Million |
| 2013 | 8.95% | 9.06% | 0.08x | 11.69x | $-2.78 Million |
| 2014 | 7.36% | 7.50% | 0.08x | 11.82x | $-7.96 Million |
| 2015 | 8.88% | 9.98% | 0.08x | 10.60x | $-5.21 Million |
| 2016 | 9.24% | 10.06% | 0.09x | 10.00x | $-4.78 Million |
| 2017 | 9.79% | 12.53% | 0.08x | 9.62x | $-1.49 Million |
| 2018 | 5.41% | 13.26% | 0.04x | 9.56x | $-33.92 Million |
| 2019 | 5.75% | 11.11% | 0.05x | 10.09x | $-28.86 Million |
| 2020 | 11.14% | 19.93% | 0.06x | 10.14x | $8.21 Million |
| 2021 | 16.14% | 31.69% | 0.05x | 10.11x | $43.89 Million |
| 2022 | 38.53% | 30.77% | 0.07x | 16.74x | $160.37 Million |
| 2023 | 37.50% | 25.91% | 0.08x | 17.52x | $148.08 Million |
| 2024 | 1.26% | 4.92% | 0.04x | 7.18x | $-201.19 Million |
| 2025 | 9.28% | 25.78% | 0.05x | 7.85x | $-20.50 Million |
Industry Comparison
This section compares Mechanics Bank's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $805,803,700
- Average return on equity (ROE) among peers: 12.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mechanics Bank (MCHB) | $2.79 Billion | 11.98% | 6.66x | $3.30 Billion |
| Ameris Bancorp (ABCB) | $1.46 Billion | 8.31% | 6.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $4.08 Billion | 10.11% | 5.75x | $5.85 Billion |
| ACNB Corporation (ACNB) | $74.52 Million | 12.49% | 11.40x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $121.52 Million | 5.31% | 5.94x | $137.07 Million |
| Alerus Financial Corp (ALRS) | $182.82 Million | 9.36% | 8.54x | $736.27 Million |
| Amalgamated Bank (AMAL) | $707.65 Million | 15.04% | 10.67x | $1.27 Billion |
| Amerant Bancorp Inc. (AMTB) | $938.80 Million | 5.58% | 9.41x | $973.30 Million |
| Arrow Financial Corporation (AROW) | $67.50 Million | 18.37% | 10.70x | $622.98 Million |
| Associated Banc-Corp (ASB) | $325.60 Million | 34.40% | 10.36x | $5.45 Billion |
| AmeriServ Financial Inc (ASRV) | $107.25 Million | 3.36% | 12.26x | $62.43 Million |
About Mechanics Bank
Mechanics Bancorp operates as the holding company for Mechanics Bank that provides banking services in California, Oregon, Washington, and Hawaii.It offers various checking and savings accounts, retirement accounts, money market accounts, time certificates of deposit, and safe deposit boxes. The company also provides home loans, auto loans, term loans and lines of credit, owner occupied real esta… Read more