Mechanics Bank plans to maintain its program of paying out about 90% of its earnings as cash dividends, which implies a dividend yield of about 10%, said Timothy Coffee, an analyst with Janney ...

WALNUT CREEK, Calif. & SEATTLE--(BUSINESS WIRE)--Mechanics Bank and HomeStreet, Inc. (NASDAQ: HMST) (“HomeStreet”), the holding company of HomeStreet Bank ...

SEATTLE, March 31, 2025--(BUSINESS WIRE)--Mechanics Bank and HomeStreet, Inc. (NASDAQ: HMST) ("HomeStreet"), the holding company of HomeStreet Bank, jointly announced today that they have entered ...

Mechanics Bank and HomeStreet Inc. announced Monday that they’ve entered into a definitive merger agreement, which provides for an all-stock business transaction between the two entities.

Combination will create the premier, publicly-traded West Coast bank WALNUT CREEK, Calif. & SEATTLE, March 31, 2025--(BUSINESS WIRE)--Mechanics Bank and HomeStreet, Inc. (NASDAQ: HMST) ("HomeStreet"), ...

Mechanics Bank and HomeStreet, Inc. (NASDAQ: HMST) (“HomeStreet”), the holding company of HomeStreet Bank, jointly announced today that they have entered into a definitive merger agreement ...

Homestreet is merging with California-based Mechanics Bank, moving on after a prior engagement fell through. Mechanics will emerge as the banking corporation and subsidiary of the publicly traded ...

HomeStreet (NASDAQ:HMST) was upgraded at Janney after the bank holding company entered into an agreement with Mechanics Bank. HomeStreet is set to be acquired by the 120-year-old community bank in ...

HomeStreet has agreed to combine with privately held Mechanics Bank in an all-stock reverse merger. The deal carries estimated equity values of $300 million for Seattle financial-services company ...

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.