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Mechanics Bank, HomeStreet agree on merger
Mechanics Bank and HomeStreet have announced an all-stock merger, which will create a combined entity with $23bn in assets ...
Mechanics Bank and HomeStreet, Inc. (NASDAQ: HMST) ("HomeStreet"), the holding company of HomeStreet Bank, jointly announced ...
HomeStreet merger creates a $25B entity, expands West Coast reach, and strategically mitigates risks amid market challenges.
The deal carries estimated equity values of $300 million for Seattle financial-services company HomeStreet and $3.3 billion ...
The deal was highly vetted with regulators following the publicly traded company's failure to obtain approval in a past ...
The deal, set to close in the third quarter, values the Seattle lender at $300 million. The offer comes about four months ...
Under the terms of the agreement, HomeStreet Bank will be merged with Mechanics Bank and be renamed as Mechanics Bancorp by Q3 2025.
HomeStreet scrapped merger plans with FirstSun last year after the deal stalled over concerns about exposure to commercial ...
Bank holding company HomeStreet (HMST) is set to be acquired by the 120-year-old community bank Mechanics in an all-stock ...
WALNUT CREEK, Calif. & SEATTLE--(BUSINESS WIRE)--Mechanics Bank and HomeStreet, Inc. (NASDAQ: HMST) (“HomeStreet”), the holding company of HomeStreet Bank ...