Is MCHB halal?
Mechanics Bancorp
Not halal
Mechanics Bancorp did not pass AAOIFI screening. The failed check is shown below.
Checked: 13 October 2026
Exchange
NASDAQ
Price
14.35
Day
+0.07%
Market cap
$3.18B
Industry
Banks - Regional
Sector
Financial Services
What the company does
Mechanics Bancorp is a Walnut Creek, California bank (since 1905) that merged with HomeStreet in 2025 and now also operates in Oregon, Washington and Hawaii. Money comes from loan interest and deposit services.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
Prohibited activity: Banks - Regional
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $210.42M ÷ 36-month average market cap $1.18B = 17.8%
17.8%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $4.68B ÷ 36-month average market cap $1.18B = 396.5%
396.5%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $811.76M ÷ annual revenue $663.16M (2025) = 122.4%
122.4%
Fail
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $3.18B.
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.