HomeStreet, Inc. Stock News

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of HomeStreet, Inc. (NasdaqGS: HMST) and Mechanics Bank. Under the terms of the proposed transaction, HomeStreet shareholders are expected to own approximately 8.3% of the combined company. KSF is seekin...

NEW YORK , March 31, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by HomeStreet, Inc. (NASDAQ: HMST) and its board of directors concerning the proposed acquisition of the company by Mechanics Bank. HomeStreet stockholders will own approximately 8.3% of the combined company.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of HomeStreet, Inc. (NASDAQ: HMST) and Mechanics Bank is fair to HomeStreet shareholders. The proposed transaction values HomeStreet at a pre-transaction estimated equity value of $300 million. Upon completion of the proposed transaction, HomeStreet shareholders are expected to own appr...

MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating HomeStreet (NASDAQ: HMST) for possible breaches of fiduciary duty and other violations of law in its transaction with Mechanics Bank. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. The reverse mer...

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.

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 entered into a definitive merger agreement (the “Merger Agreement”) providing for an all-stock business combination between HomeStreet and Mechanics Bank. Under the terms of the Merger Agreement, which ...

HomeStreet, Inc. (NASDAQ:HMST ) Q4 2024 Earnings Conference Call January 28, 2025 1:00 PM ET Company Participants Mark K. Mason - Chairman, President and CEO John M.

HomeStreet faced a challenging 2024 despite early merger optimism; the failed deal with FirstSun left the bank struggling with high Loan to Deposit ratios. A strategic sale of $990 million in multifamily CRE loans to Bank of America helped reduce borrowings and improve the Loan to Deposit ratio. HomeStreet's cost of deposits is declining, improving net interest margin and net interest income, s...