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 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.

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

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 ...

HomeStreet (HMST) shares rallied 26.2% in the last trading session to close at $11.74. This move can be attributable to notable volume with a higher number of shares being traded than in a typical ...

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 ...

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

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 ...