05/13/2026 | Press release | Distributed by Public on 05/13/2026 14:26
WALNUT CREEK, Calif.--(BUSINESS WIRE)-- Mechanics Bancorp (Nasdaq: MCHB) today announced it has declared a cash dividend of $0.70 per share of Class A common stock and $7.00 per share of Class B common stock, each payable on May 28, 2026, to shareholders of record as of the close of business on May 23, 2026.
About Mechanics Bancorp
Mechanics Bancorp (Nasdaq: MCHB) is headquartered in Walnut Creek, Calif., and is the financial holding company of Mechanics Bank, a full-service bank with $21.4 billion in assets as of March 31, 2026, and 166 branches across California, Oregon, Washington and Hawaii. Founded in 1905 to help families, businesses and communities prosper, Mechanics Bank offers a wide range of products and services in consumer and business banking, commercial lending, cash management services, private banking, and comprehensive wealth management and trust services.
To learn more, visit https://www.MechanicsBank.com.
Nathan Duda Executive Vice President, Chief Financial Officer [email protected]