Mechanics Bank and HomeStreet have announced an all-stock merger, which will create a combined entity with $23bn in assets and168 branches. The deal values HomeStreet at $300m and Mechanics 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 ...

(Reuters) -Mechanics Bank has agreed to buy HomeStreet in an all-stock deal that values the Seattle-based lender at $300 million, the companies said on Monday. The agreement comes months after ...

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 ...

Mechanics Bank's deal to merge with Seattle-based HomeStreet Inc. was an opportunity to look under the hood at the East Bay lender. One analyst likes what he sees as the two banks come together.

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 ...