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The Nexus
BUSINESSJul 29 · 09:59 UTCWTOP DCWTOP Staff

Mechanics Bank: Q2 Earnings Snapshot

Mechanics Bank reported Q2 net income of $57.7 million and earnings of 25 cents per share, with adjusted earnings of 27 cents per share. The bank generated $261.7 million in revenue, and its revenue net of interest expense ($201 million) exceeded Street forecasts.

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