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Mechanics Bank: Q3 Earnings Snapshot
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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
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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