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

TowneBank said Thursday it will acquire Old Point Financial. Towne completed a merger with Village Bank and Trust Financial ...

HomeStreet ( (HMST)) just unveiled an announcement. On March 28, 2025, HomeStreet, Inc. and Mechanics Bank entered into a merger agreement for an all-stock business combination, with HomeStreet ...

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

This compares to the stock's 7.4% loss over the past four weeks. HomeStreet and Mechanics Bank announced an all-stock business combination between the two. Existing shareholders of Mechanics Bank ...

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 ...

HomeStreet has found a landing spot. The bank will merge into Walnut Creek, California-based Mechanics Bank in a transaction that values the Seattle-based lender at around $300 million.

HomeStreet has found a landing spot. The bank will merge into Walnut Creek, California-based Mechanics Bank in a transaction that values the Seattle-based lender at around $300 million. The deal, ...