Mechanics Bank: Q3 Earnings Snapshot

WALNUT CREEK, Calif. (AP) — WALNUT CREEK, Calif. (AP) — Mechanics Bank (MCHB) on Wednesday reported net income of $46 million in its third quarter.

The Walnut Creek, California-based bank said it had earnings of 20 cents per share. Earnings, adjusted for non-recurring costs, came to 35 cents per share.

The real estate lender posted revenue of $267.8 million in the period. Its revenue net of interest expense was $203.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCHB at https://www.zacks.com/ap/MCHB