Mechanics Bank reported earnings results for the full year ended December 31, 2023. For the full year, the company reported net interest income was USD 563.21 million compared to USD 631.23 million a year ago. Net income was USD 201.91 million compared to USD 216.58 million a year ago.

Basic earnings per share from continuing operations was USD 3,143.85 compared to USD 3,372.5 a year ago.