Mechanics Bank (Mechanics Bank) Net Income From Continuing Operations

: $216.6 Mil (TTM As of Dec. 2022)

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Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Mechanics Bank's net income from continuing operations for the six months ended in Dec. 2022 was $216.6 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Dec. 2022 was $216.6 Mil.

Mechanics Bank Net Income From Continuing Operations Historical Data

The historical data trend for Mechanics Bank's Net Income From Continuing Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mechanics Bank Annual Data

Trend

Dec04

Dec05

Dec06

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Net Income From Continuing Operations

52.01

57.73

93.46

206.01

216.58

Mechanics Bank Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Net Income From Continuing Operations								52.01	57.73	93.46	206.01	216.58

Mechanics Bank Net Income From Continuing Operations Calculation

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income From Continuing Operations for the trailing twelve months (TTM) ended in Dec. 2022 was $216.6 Mil.

Mechanics Bank (Mechanics Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mechanics Bank (OTCPK:MCHB) » Definitions » Net Income From Continuing Operations

Comparable Companies

Traded in Other Exchanges

N/A

Address

3170 Hilltop Mall Road, Richmond, CA, USA, 94806

Website

https://www.mechanicsbank.com

Mechanics Bank operates as a community bank in California. The bank provides personal banking, business banking, trust, and estate services, brokerage, and wealth management services. The bank operates a network of retail banking branches, as well as regional commercial lending and wealth management offices throughout the state of California. The bank also engages in indirect automobile lending activities including origination, securitization, and servicing of new and pre-owned retail automobile sales contracts from both franchised and independent automobile dealerships.

Mechanics Bank (Mechanics Bank) Headlines

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