Mechanics Bancorp (NASDAQ:MCHB) Plans Quarterly Dividend of $0.25

Mechanics Bancorp (NASDAQ:MCHB) declared a quarterly dividend on Wednesday, August 19th. Investors of record on Saturday, August 29th will be paid a dividend of 0.25 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Friday, August 28th.

Mechanics Bancorp Stock Down 0.4%

MCHB opened at $16.70 on Thursday. Mechanics Bancorp has a 12 month low of $12.52 and a 12 month high of $17.38. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.78 and a quick ratio of 0.78. The stock has a market cap of $3.70 billion, a P/E ratio of 13.58 and a beta of 1.41. The stock’s 50 day moving average price is $16.09 and its 200 day moving average price is $15.30.

Mechanics Bancorp Company Profile

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.