News

HomeStreet scrapped merger plans with FirstSun last year after the deal stalled over concerns about exposure to commercial ...
HomeStreet will be renamed Mechanics Bancorp post-merger, while remaining publicly traded. Post-merger, HomeStreet ...
HomeStreet merger creates a $25B entity, expands West Coast reach, and strategically mitigates risks amid market challenges.
Mechanics Bank and HomeStreet, Inc. (NASDAQ: HMST) ("HomeStreet"), the holding company of HomeStreet Bank, jointly announced ...
Bank holding company HomeStreet (HMST) is set to be acquired by the 120-year-old community bank Mechanics in an all-stock ...
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 ...
The deal carries estimated equity values of $300 million for Seattle financial-services company HomeStreet and $3.3 billion ...
HomeStreet (NASDAQ:HMST – Get Free Report) had its price objective hoisted by equities researchers at Piper Sandler from ...
Regulators nixed last year's attempted merger due to the banks' similar size, according to HomeStreet's CEO. Its new merger partner, he says, "is more than twice the size." Seattle-based ...
WALNUT CREEK, Calif. & SEATTLE--(BUSINESS WIRE)--Mechanics Bank and HomeStreet, Inc. (NASDAQ: HMST) (“HomeStreet”), the holding company of HomeStreet Bank ...
Under the terms of the agreement, HomeStreet Bank will be merged with Mechanics Bank and be renamed as Mechanics Bancorp by Q3 2025.