KBRA Assigns Ratings to Mechanics Bancorp; Upgrades and Subsequently Withdraws Ratings for HomeStreet, Inc.
Mechanics Bancorp - Class A (MCHB)
NASDAQ:AMEX Investor Relations:
mechanicsbank.com/about-us/investor-relations
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--KBRA assigns a senior unsecured debt rating of BBB+, a subordinated debt rating of BBB, and a short-term debt rating of K2 to Walnut Creek, California-based Mechanics Bancorp (NASDAQ: MCHB) ("Mechanics" or "the company"). In addition, KBRA assigns deposit and senior unsecured debt ratings of A-, a subordinated debt rating of BBB+, and short-term deposit and debt ratings of K2 to its main subsidiary, Mechanics Bank ("the bank"). The Outlook for all long-term ratings is Stable.Additionally, KBRA upgrades the senior unsecured debt rating to BBB+ from BBB-, the subordinated debt rating to BBB from BB+, and the short-term debt rating to K2 from K3 for HomeStreet, Inc. ("HomeStreet" or "HMST"). Furthermore, KBRA upgrades the deposit and senior unsecured debt ratings to A- from BBB, the subordinated debt rating to BBB+ from BBB-, and the short-term deposit and debt ratings to K2 from K3 for its subsidiary, HomeStreet Bank. Subsequently, KBRA withdraws all ratin
Show less
Read more
Impact Snapshot
Event Time:
MCHB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MCHB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MCHB alerts
High impacting Mechanics Bancorp - Class A news events
Weekly update
A roundup of the hottest topics
MCHB
News
- Mechanics Bank Agrees to Sell Fannie Mae Delegated Underwriting and Servicing Business Line to Fifth ThirdBusiness Wire
- Mechanics Bancorp (NASDAQ:MCHB) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=MCHB&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall StreeMarketBeat
- Mechanics Bancorp Declares Cash DividendBusiness Wire
- Mechanics Bancorp (NASDAQ:MCHB) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Mechanics Bancorp Reports Third Quarter 2025 Results Following Completion of Merger with HomeStreet BankBusiness Wire