机械Bancorp报告第二季度业绩

2026-07-29 22:25

Mechanics Bancorp press release (MCHB): Q2 Revenue of $200.9M.
Total assets of $21.2 billion at June 30, 2026, compared with $21.4 billion at March 31, 2026.
Total loans of $13.6 billion at June 30, 2026, compared with $13.9 billion at March 31, 2026.
Loans-to-deposits ratio of 75% at June 30, 2026, compared with 76% at March 31, 2026.
Total deposits of $18.1 billion at June 30, 2026, compared with $18.2 billion at March 31, 2026, and noninterest-bearing deposits of $6.4 billion at June 30, 2026, compared with $6.5 billion at March 31, 2026.
Total cost of deposits was 1.25% for the second quarter of 2026 and 1.28% for the first quarter of 2026.
Dividends paid in the second quarter of 2026 were $0.70 per share of Class A common stock and $7.00 per share of Class B common stock.
Strong capital ratios (1), including an estimated 16.70% Total risk-based capital ratio, 14.39% Tier 1 capital ratio, 14.39% CET1 capital ratio and 8.71% Tier 1 leverage ratio at June 30, 2026.
Allowance for credit losses (“ACL”) to total loans of 1.12%, down from 1.13% at the prior quarter-end.
Non-recurring acquisition and integration costs of $5.9 million for the second quarter of 2026, compared to $4.8 million in the prior quarter.

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