HomeStreet

HomeStreet, Inc. is a holding company, which engages in the provision of commercial and consumer banking and real estate lending services. It operates through the Commercial and Consumer Banking. The Commercial and Consumer Banking segment offers diversified financial products and services to its commercial and consumer customers through bank branches, and through automated teller machines (ATMs), online, mobile and telephone banking. The company was founded on August 17, 1921 and is headquartered in Seattle, WA.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

HomeStreet Bank reports Q4 earnings, plans acquisitions for growth

HomeStreet Bank's Q4 2022 performance showed a focus on profitability and asset quality.
Strategic initiatives aim to address revenue challenges and enhance operational efficiency.
Anticipated acquisitions and deposit growth strategies are key to future performance.
Challenges from interest rate increases require proactive measures for sustained financial health.

HomeStreet Bank reports Q1 net income of $5.1 million

HomeStreet Bank navigated Q1 2023 with a focus on liquidity management, expense control, and deposit stability. Despite challenges in net interest income and deposit runoff, the bank's diversified loan portfolio and solid capital position provide a foundation for growth. Strategic discussions on optimizing the balance sheet and managing customer loyalty present avenues for future success.

HomeStreet Bank reports Q2 loss, focuses on stability and growth

HomeStreet Bank faced challenges in Q2 2023 with a net loss driven by a goodwill impairment charge. Despite this, the bank maintained profitability and improved capital ratios.
Stable deposits, focus on customer service, and strategic lending initiatives position the bank for future growth. Opportunities exist to attract new deposits and enhance revenue streams.
Addressing challenges related to the goodwill impairment charge and limited loan portfolio growth will be crucial for sustained financial performance. The bank's resilience and commitment to service are key strengths.

HomeStreet Bank reports Q3 earnings, faces margin challenges and opportunities

HomeStreet Bank's Q3 2023 performance reflects a mixed financial outcome with improved capital ratios but challenges in net interest margin and rising costs.
The company's strengths lie in asset quality improvements, dividend payments, and strategic planning for stable operations in the near term.
Challenges include managing funding costs, evaluating acquisition proposals, and navigating market uncertainties for sustained profitability.
Opportunities exist in strategic growth initiatives, cost efficiency enhancements, and leveraging capital strength for future market advantages.

HomeStreet Bank reports Q3 loss, eyes strategic alternatives post-merger

HomeStreet Bank faced challenges with a net loss in Q3 2024, primarily driven by higher interest rates impacting net interest income.
Despite regulatory hurdles for the merger with FirstSun, the company's strong asset quality and stable deposit base offer resilience.
Exploring strategic alternatives and focusing on operational efficiency present opportunities for HomeStreet to navigate current challenges and drive future growth.

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NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of HomeStreet, Inc. (NASDAQ: HMST) to FirstSun Capital Bancorp is fair to HomeStreet shareholders. Under the terms of the agreement, HomeStreet shareholders will receive 0.4345 of a share of FirstSun common stock for each share of HomeStreet common stock. Halper Sadeh encourages HomeStreet shareholders to click here to learn more about their legal rights and options or contact Daniel Sade.

HMST Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of HomeStreet, Inc. Is Fair to Shareholders

Firstsun Capital Bancorp

DENVER & SEATTLE--(BUSINESS WIRE)--FirstSun Capital Bancorp (“FirstSun,” or the “Company”) (OTCQX: FSUN), the holding company of Dallas-based Sunflower Bank, N.A. (“Sunflower Bank”) and Seattle-based HomeStreet, Inc. (“HomeStreet”) (Nasdaq: HMST), the holding company of HomeStreet Bank (“HomeStreet Bank”) jointly announced today that they have entered into a definitive merger agreement, which was unanimously approved by the board of directors of both companies. Under the terms of the agreement,.

FirstSun Capital Bancorp and HomeStreet, Inc. Announce Transformational Strategic Merger and $175 Million Equity Raise

SEATTLE--(BUSINESS WIRE)--HomeStreet Schedules Fourth Quarter 2023 Analyst Earnings Call for Tuesday, January 30, 2024.

HomeStreet Schedules Fourth Quarter 2023 Analyst Earnings Call for Tuesday, January 30, 2024

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is HomeStreet (HMST) Stock Undervalued Right Now?

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HomeStreet, Inc. (NASDAQ:HMST ) Q3 2023 Earnings Conference Call October 31, 2023 1:00 PM ET Company Participants Mark Mason - Chief Executive Officer, President & Chairman of the Board John Michel - Chief Financial Officer Conference Call Participants Matthew Clark - Piper Sandler Woody Lay - KBW Timothy Coffey - Janney Montgomery Scott Operator Good afternoon, and thank you for attending today's Third Quarter 2023 Analyst Earnings Call for HomeStreet Bank. Joining us on this call is Mark Mason, CEO, President, and Chairman of the Board.

HomeStreet, Inc. (HMST) Q3 2023 Earnings Call Transcript

Although the revenue and EPS for HomeStreet (HMST) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

HomeStreet (HMST) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

SEATTLE--(BUSINESS WIRE)--HomeStreet Announces a Common Stock Dividend of $0.10 Per Share.

HomeStreet Announces a Common Stock Dividend of $0.10 Per Share

SEATTLE--(BUSINESS WIRE)--HomeStreet Reports Third Quarter 2023 Results.

HomeStreet Reports Third Quarter 2023 Results

SEATTLE--(BUSINESS WIRE)--HomeStreet Schedules Third Quarter 2023 Analyst Earnings Call for Tuesday, October 31, 2023.

HomeStreet Schedules Third Quarter 2023 Analyst Earnings Call for Tuesday, October 31, 2023

SEATTLE--(BUSINESS WIRE)--HomeStreet Responds to Blue Lion Capital Letters to Shareholders.

HomeStreet Responds to Blue Lion Capital Letters to Shareholders

HomeStreet Has Received At Least One Letter of Intent for the FNMA DUS License and MSRs Believes a Sale Could Generate more than $100 million in Proceeds The Gain Would Allow HomeStreet to Transform its Balance Sheet and Remove Viability Concerns  Believes Maximizing the Value of the FNMA DUS License Will Result in a Significant Revaluation of the Stock Encourages Shareholders and Interested Buyers to Contact Independent Directors of Board DALLAS , Sept. 20, 2023 /PRNewswire/ -- Blue Lion Capital, a Dallas-based investment firm ("Blue Lion") that beneficially owns approximately 2.0% of the stock of HomeStreet, Inc. (Nasdaq: HMST) ("HomeStreet" or the "Company"), has issued a letter to shareholders to update them on a recent conversation with HomeStreet Bank and potential strategic alternatives being considered.

Blue Lion Capital Updates Shareholders on HomeStreet Bank

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HomeStreet, Inc. (NASDAQ:HMST ) Q2 2023 Earnings Conference Call July 31, 2023 1:00 PM ET Company Participants Mark Mason - Chairman, Chief Executive Officer and President John Michel - Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Clark - Piper Sandler Woody Lay - KBW Timothy Coffey - Janney Operator Good afternoon. Thank you for attending today's Second Quarter 2023 Analyst Earnings Call for HomeStreet Bank.

HomeStreet, Inc. (HMST) Q2 2023 Earnings Call Transcript

HomeStreet (HMST) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.94 per share a year ago.

HomeStreet (HMST) Q2 Earnings and Revenues Miss Estimates

The headline numbers for HomeStreet (HMST) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

HomeStreet (HMST) Reports Q2 Earnings: What Key Metrics Have to Say

SEATTLE--(BUSINESS WIRE)--HomeStreet Reports Second Quarter 2023 Results.

HomeStreet Reports Second Quarter 2023 Results

HomeStreet (HMST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: HomeStreet (HMST) Q2 Earnings Expected to Decline

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SEATTLE--(BUSINESS WIRE)--HomeStreet Schedules Second Quarter 2023 Analyst Earnings Call for Monday, July 31, 2023.

HomeStreet Schedules Second Quarter 2023 Analyst Earnings Call for Monday, July 31, 2023

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HomeStreet, Inc. (HMST) Q1 2023 Earnings Call Transcript.

News for HomeStreet Stock (HMST)