Mechanics Bancorp (Nasdaq: MCHB) announced a cash dividend of $0.21 per share of Class A common stock and $2.10 per share of Class B common stock.
The dividend is payable on December 15, 2025, to shareholders of record as of December 8, 2025.
The decision to accelerate the capital return strategy is a result of the smooth progress in integrating HomeStreet Bank and stronger regulatory capital ratios.
Dividend Announcement
Cash dividend declared for Class A and Class B common stock shareholders.
Integration Progress
Smooth integration of HomeStreet Bank leading to accelerated capital return strategy.
Strong Regulatory Capital Ratios
Regulatory capital ratios stronger than initially anticipated, contributing to the dividend decision.
- Mechanics Bancorp's fourth quarter dividend reflects confidence in the company's performance and financial strength.
- The positive progress in integrating HomeStreet Bank highlights strategic growth opportunities for Mechanics Bancorp.
The declaration of the cash dividend underscores Mechanics Bancorp's commitment to shareholder value and financial stability amidst successful integration efforts and strong regulatory capital ratios.