Mechanics Bancorp (MCHB) vs Nicolet Bankshares (NIC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Nicolet Bankshares (NIC) has outperformed Mechanics Bancorp (MCHB) over the past year, gaining 21.8% versus a gain of 11.3%. Over five years, NIC leads with a +114.6% price change compared with -65.6% for MCHB. Nicolet Bankshares is the larger company by market cap ($3.39 billion vs $3.24 billion), about 1.0 times the size.
On valuation, Nicolet Bankshares trades at a lower forward P/E (12.0x vs 12.3x for Mechanics Bancorp). Mechanics Bancorp offers the higher dividend yield (8.97% vs 0.82%). Mechanics Bancorp converts more of its revenue into profit, with a net margin of 534.4% versus 38.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MCHB | NIC |
|---|---|---|
| Share price | $14.61 | $161.89 |
| Market cap | $3.24B | $3.39B |
| 1-day change | -1.88% | -1.06% |
| YTD return | -0.14% | +33.46% |
| 1-year return | +11.27% | +21.81% |
| 5-year return | -65.63% | +114.62% |
| P/E ratio (TTM) | 11.41 | 18.13 |
| Forward P/E | 12.25 | 12.03 |
| EPS (TTM) | $1.28 | $8.93 |
| Dividend yield | 8.97% | 0.82% |
| Annual dividend | $1.31 | $1.32 |
| Revenue (latest FY) | $49.73M | $392.04M |
| Revenue growth (YoY) | +3.33% | +11.91% |
| Net income (latest FY) | $265.74M | $150.69M |
| Net margin | 534.39% | 38.44% |
| 52-week high | $17.38 | $180.00 |
| 52-week low | $12.82 | $114.12 |
| Distance from 52-week high | -15.94% | -10.06% |
| Analyst consensus | buy | none |
| Avg. price target upside | +18.96% | +18.48% |
| Average volume | 575.77K | 172.38K |
| Shares outstanding | 220.31M | 20.96M |
| Employees | 1,756 | 1,429 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- NIC has outperformed MCHB by 10.5 percentage points over the past year.
- Nicolet Bankshares trades at a higher earnings multiple (18.1x vs 11.4x trailing P/E).
- Mechanics Bancorp offers a meaningfully higher dividend yield (8.97% vs 0.82%).
- Mechanics Bancorp is more profitable, keeping 534.4 cents of every revenue dollar as net income versus 38.4 cents for Nicolet Bankshares.
- Nicolet Bankshares grew revenue faster in its latest fiscal year (+11.91% vs +3.33%).
About Mechanics Bancorp
MCHB stock →Mechanics Bancorp operates as the holding company for Mechanics Bank that provides banking services in California, Oregon, Washington, and Hawaii.It offers various checking and savings accounts, retirement accounts, money market accounts, time certificates of deposit, and safe deposit boxes. The company also provides home loans, auto loans, term loans and lines of credit, owner occupied real estate lending services, small business lending loans, multi-family lending services; mortgage and consumer lending loans; commercial real estate loans; residential construction loans; private banking, such as loan program, personal lines of credit and investment management and trust lines of credit.
Finance · Major Banks · 1,756 employees
About Nicolet Bankshares
NIC stock →Nicolet Bankshares, Inc. operates as the bank holding company for Nicolet National Bank that provides banking products and services for businesses and individuals in Wisconsin, Michigan, and Minnesota.
Finance · Major Banks · 1,429 employees
MCHB vs NIC FAQ
Which is bigger, Mechanics Bancorp or Nicolet Bankshares?
Nicolet Bankshares (NIC) is larger, with a market capitalization of $3.39B compared with $3.24B for Mechanics Bancorp (MCHB).
Which stock has performed better over the past year, MCHB or NIC?
NIC returned +21.81% over the past 12 months, compared with +11.27% for MCHB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MCHB or NIC?
MCHB has the lower trailing P/E at 11.4, versus 18.1 for NIC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Mechanics Bancorp or Nicolet Bankshares?
Mechanics Bancorp has the higher yield at 8.97%, compared with 0.82% for Nicolet Bankshares.
Are Mechanics Bancorp and Nicolet Bankshares in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.