Mechanics Bank (MCHB) vs Palomar Holdings, Inc. (PLMR)
A side-by-side comparison of Mechanics Bank and Palomar Holdings, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — MCHB vs PLMR
growth of $100 · dividends reinvested · last 7yMCHB vs PLMR: by the numbers
- •PLMR is the larger company ($3.36B vs $3.31B market cap).
- •MCHB trades at the lower trailing earnings multiple (12.01 vs 17.06 P/E), one valuation lens rather than an overall verdict.
- •MCHB converts more revenue to profit (26.53% vs 18.61% net margin).
- •PLMR grew revenue faster over the past five years (41.24% vs 21.79% CAGR).
- •MCHB pays the higher dividend yield (10.43% vs 0.35%).
Metrics side by side
Valuation
| Metric | MCHB | PLMR |
|---|---|---|
| P/E ratio | 12.01 | 17.06 |
| Forward P/E | 14.44 | 12.59 |
| PEG ratio | 0.43 | 0.18 |
| P/S ratio | 3.12 | 3.08 |
| P/B ratio | 1.23 | 3.43 |
Profitability
| Metric | MCHB | PLMR |
|---|---|---|
| Operating margin | 31.51% | 24.10% |
| Net margin | 26.53% | 18.61% |
| ROE | 10.46% | 20.71% |
Mechanics Bank: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Palomar Holdings, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Dividends
| Metric | MCHB | PLMR |
|---|---|---|
| Dividend yield | 10.43% | 0.35% |
| Payout ratio | 124.80% | 6.05% |
Growth (annualized)
| Metric | MCHB | PLMR |
|---|---|---|
| Revenue CAGR (5Y) | 21.79% | 41.24% |
| EPS CAGR (5Y) | 28.37% | 96.92% |
| Total return CAGR (5Y) | -15.32% | 9.78% |
Frequently asked
- Which has the lower trailing P/E, MCHB or PLMR?
- MCHB has the lower trailing P/E: MCHB trades at 12.01 and PLMR at 17.06. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, MCHB or PLMR?
- Over the past five years, PLMR grew revenue faster — MCHB at a 21.79% CAGR versus PLMR at 41.24%.
- Does MCHB or PLMR pay a bigger dividend?
- MCHB yields 10.43% and PLMR yields 0.35% based on trailing dividends and the latest price.
- Is MCHB or PLMR more profitable?
- MCHB runs the higher net margin — MCHB at 26.53% versus PLMR at 18.61%.
- How have MCHB and PLMR total returns compared?
- Over the past 5 years, MCHB delivered -15.32% and PLMR delivered 9.78% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Mechanics Bank & Palomar appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.