HomeStreet has improved loan portfolio diversification, enhancing resilience, amid economic uncertainties. Read why I am ...

Bank holding company HomeStreet (NASDAQ:HMST) is set to be acquired by the 120-year-old community bank Mechanics in an all-stock deal. HMST shares were trading +10.65% Monday pre-market at $10.29. The ...

HomeStreet was valued at $300 million in a buyout proposal by Mechanics Bank on Monday, as the Seattle-based lender looks to clinch a merger after regulators blocked its previous attempt last year.

HomeStreet scrapped merger plans with FirstSun last year after the deal stalled over concerns about exposure to commercial ...

The deal was highly vetted with regulators following the publicly traded company's failure to obtain approval in a past agreement, an executive said.

The banking and lending company HomeStreet plans to undergo an all-stock reverse merger with the privately held Walnut Creek, Calif., bank. The deal carries an estimated equity value of $300 million ...

Under the terms of the agreement, HomeStreet Bank will be merged with Mechanics Bank and be renamed as Mechanics Bancorp by Q3 2025.

The merger values HomeStreet at $300m and Mechanics Bank at $3.3bn in equity. The deal, set to close in the third quarter, values the Seattle lender at $300 million. The offer comes about four ...

Janney Montgomery Scott analyst Timothy Coffey upgraded HomeStreet (HMST) to Buy from Neutral with a $14 fair value estimate, up from $11.50. The company’s combination with Mechanics Bank (MCHB ...

Mechanics Bank plans to maintain its program of paying out about 90% of its earnings as cash dividends, which implies a ...

March 31 (Reuters) - HomeStreet (HMST.O), opens new tab was valued at $300 million in a buyout proposal by Mechanics Bank on Monday, as the Seattle-based lender looks to clinch a merger after ...