Mechanics Bancorp stock today: MCHB in focus ahead of Fed minutes and a key asset-sale timeline
Mechanics Bancorp shares closed at $14.67, up 3.5% ahead of year-end trading. The company expects to complete the sale of its Fannie Mae DUS business to Fifth Third in early 2026. Investors await Federal Reserve minutes Tuesday for signals on next year’s rate cuts. Treasury yields held steady, with the 10-year at 4.12% early Monday.