Combination will create the premier, publicly-traded West Coast bank The board of directors of the combined company will consist of directors of Mechanics Bank and one director of HomeStreet, to be ...
The deal is advantageous for both banks, with Mechanics acquiring at a discount and HomeStreet mitigating the risk of further decline amid market turmoil. The merger creates a combined entity with $25 ...
WALNUT CREEK, Calif. & SEATTLE--(BUSINESS WIRE)--Mechanics Bank and HomeStreet, Inc. (NASDAQ: HMST) (“HomeStreet” or the “Company”), the holding company of HomeStreet Bank, jointly announced today the ...
View source version on businesswire.com: https://www.businesswire.com/news/home/20251030564582/en/ The articles, information, and content displayed on this webpage ...
WALNUT CREEK, Calif. & SEATTLE--(BUSINESS WIRE)--Mechanics Bank and HomeStreet, Inc. (NASDAQ: HMST) (“HomeStreet”), the holding company of HomeStreet Bank, jointly announced today that they have ...
Combination will create the premier, publicly-traded West Coast bank The transaction values HomeStreet at a pre-transaction estimated equity value of $300 million and Mechanics Bank at a ...
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