Company: MCHB
Filing Date: 2025-07-16
Form Type: 424B3
Source: 0001140361-25-026051
Chunk: 238

Company: Mechanics Bancorp
Filing Date: 2025-07-16
Form: 424B3
Chunk 238
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 at the direction of HomeStreet management in the financial analyses performed by KBW in connection with KBW’s opinion, as described in the section entitled “ The Merger—Opinion of HomeStreet’s Financial Advisor.”

| ($ in millions, except per share)    |     |      2025 
 Estimated |     |      2026 
 Estimated |
| Net Income to Common Shareholders(1) |     |      $7.0 |     |     $31.9 |
| Diluted Earnings per Share           |     |     $0.36 |     |     $1.65 |
| Total Assets                         |     |    $7,402 |     |    $7,013 |

| (1) | Reflects net income available to holders of HomeStreet common stock. |

For purposes of extrapolating HomeStreet’s financial results after 2026, HomeStreet’s management provided KBW with, among other things, estimated long-term annual growth rates of 5.0% for HomeStreet’s net income and earnings per share for the years 2027 and thereafter.

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TABLE OF CONTENTS

Certain Internal Management Projections for Mechanics The following table presents certain prospective financial information for Mechanics (collectively, the “Mechanics prospective financial information”) that was used by KBW at the direction of HomeStreet management in the financial analyses performed by KBW in connection with KBW’s opinion, as described in the section entitled “ The Merger—Opinion of HomeStreet’s Financial Advisor.”

| ($ in millions, except per share)    |     |      2025 
 Estimated |     |      2026 
 Estimated |     |      2027 
 Estimated |     |      2028 
 Estimated |
| Net Income to Common Shareholders(1) |     |    $191.0 |     |    $211.0 |     |    $237.0 |     |    $255.8 |
| Diluted Earnings per Share           |     | $2,968.53 |     | $3,279.37 |     | $3,683.46 |     | $3,975.51 |
| Total Assets                         |     |   $16,712 |     |   $16,943 |     |   $17,183 |     |   $17,951 |

| (1) | Reflects net income available to holders of Mechanics common stock. |

For purposes of extrapolating Mechanics’ financial results after 2028