Company: MCHB
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001140361-25-025920
Chunk: 230

Company: Mechanics Bancorp
Filing Date: 2025-07-15
Form: S-4/A
Chunk 230
---
 as follows (shown by column in descending order of total assets):

| National Bank Holdings Corporation |     | Heritage Financial Corporation |
| TriCo Bancshares                   |     | Westamerica Bancorporation     |
| FirstSun Capital Bancorp           |     | Heritage Commerce Corp.        |
| Central Pacific Financial Corp.    |     |                                |

To perform this analysis, KBW used profitability and other financial information as of or for LTM or MRQ ended December 31, 2024 and closing market price information as of March 27, 2025. KBW also used 2025 and 2026 earnings per share (“EPS”) estimates taken from publicly available consensus “street estimates” for HomeStreet and the selected companies. Certain financial data presented in the tables below may not correspond to the data presented in HomeStreet’s historical financial statements as a result of the different periods, assumptions and methods used to compute the financial data presented.

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TABLE OF CONTENTS

KBW’s analysis showed the following concerning the financial performance of HomeStreet and the selected companies:

|                                                      |     |            |     | Selected Companies |     |         |     |        |     |            |
|                                                      |     | HomeStreet |     | 75th               
 Percentile         |     | Average |     | Median |     | 25th       
 Percentile |
| MRQ Core Return on Average Assets(1)                 |     | -0.21%)(3  |     | 1.36%              |     | 1.25%   |     | 1.23%  |     | 0.99%      |
| MRQ Core Return on Average Tangible Common Equity(1) |     | -3.63%)(3  |     | 14.42%             |     | 12.36%  |     | 12.86% |     | 10.56%     |
| MRQ Net Interest Margin                              |     | 1.38%      |     | 4.00%              |     | 3.68%   |     | 3.76%  |     | 3.37%      |
| MRQ Fee Income / Revenue(2)                          |     | 26.5%      |     | 17.3%              |     | 15.0%   |     | 16.1%  |     | 13.9%      |
| MRQ Non Interest