HomeStreet, Inc. (HMST)

NASDAQ: HMST · Real-Time Price · USD
10.88
-0.01 (-0.09%)
Apr 17, 2025, 4:00 PM EDT - Market closed
-0.09%
Market Cap 206.24M
Revenue (ttm) 75.70M
Net Income (ttm) -144.34M
Shares Out 18.92M
EPS (ttm) -7.65
PE Ratio n/a
Forward PE 36.33
Dividend n/a
Ex-Dividend Date n/a
Volume 69,284
Open 10.76
Previous Close 10.89
Day's Range 10.75 - 10.89
52-Week Range 8.09 - 16.10
Beta 1.32
Analysts Hold
Price Target 14.50 (+33.27%)
Earnings Date Apr 29, 2025

About HMST

HomeStreet, Inc. operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumer/retail banking services primarily in the Western United States. The company offers personal and business checking, savings, interest-bearing, and money market accounts, as well as certificates of deposit. Its loan products include commercial real estate (CRE), multifamily, construction and land development, and owner occupied CRE and commercial business loans; and single family, home equity, and other loans. The company als... [Read more]

Sector Financials
IPO Date Feb 10, 2012
Employees 787
Stock Exchange NASDAQ
Ticker Symbol HMST
Full Company Profile

Financial Performance

In 2024, HomeStreet's revenue was $75.70 million, a decrease of -63.80% compared to the previous year's $209.12 million. Losses were -$144.34 million, 424.7% more than in 2023.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for HMST stock is "Hold." The 12-month stock price forecast is $14.5, which is an increase of 33.27% from the latest price.

Price Target
$14.5
(33.27% upside)
Analyst Consensus: Hold
Stock Forecasts

News

HomeStreet: Loan Portfolio Repositioning To Support Profitability, Sustainability, And Upside

HomeStreet, Inc. has improved loan portfolio diversification, enhancing resilience, amid economic uncertainties. Despite a YoY decline in net interest income, HMST's prudent loan adjustments and lower...

3 days ago - Seeking Alpha

HOMESTREET INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of HomeStreet, Inc. - HMST

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 Hom...

17 days ago - Business Wire

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of HomeStreet, Inc.

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 acq...

19 days ago - PRNewsWire

Mechanics Bank agrees to buy HomeStreet in $300 million deal

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.

19 days ago - Reuters

Mechanics Bank and HomeStreet, Inc. Announce Strategic Merger

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 enter...

19 days ago - Business Wire

HomeStreet, Inc. (HMST) Q4 2024 Earnings Call Transcript

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.

2 months ago - Seeking Alpha

HomeStreet: Two Steps Forward, One Step Back

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 multifam...

2 months ago - Seeking Alpha

HomeStreet Reports Year End and Fourth Quarter 2024 Results

SEATTLE--(BUSINESS WIRE)--HomeStreet Reports Year End and Fourth Quarter 2024 Results.

2 months ago - Business Wire

HomeStreet Schedules Fourth Quarter 2024 Analyst Earnings Call for Tuesday, January 28, 2025

SEATTLE--(BUSINESS WIRE)--HomeStreet Schedules Fourth Quarter 2024 Analyst Earnings Call for Tuesday, January 28, 2025.

3 months ago - Business Wire

HomeStreet Closes Sale of $990 Million in Multi-Family Loans

SEATTLE--(BUSINESS WIRE)--HomeStreet, Inc. (Nasdaq:HMST), the parent company of HomeStreet Bank (the "Bank"), announced the closings of the previously announced sale by the Bank, on a servicing retain...

3 months ago - Business Wire

HomeStreet to Sell $990 Million in Loans to Bank of America

The Seattle-based parent company of HomeStreet Bank agreed to sell $990 million in multifamily commercial real estate loans to Bank of America. The price, including the value of the retained servicing...

Other symbols: BAC
4 months ago - PYMNTS

HomeStreet Bank sells $990M in loans to BofA in strategic profit push

HomeStreet Bank, a Seattle-based lender, is making a significant move to shore up its financial position by selling nearly $990 million of its multifamily commercial real estate loans to Bank of Ameri...

4 months ago - Invezz

HomeStreet Bank to sell $990 mln multifamily loan portfolio to BofA

HomeStreet Bank said on Friday it has agreed to sell nearly $990 million of its multifamily commercial real estate loans to Bank of America.

4 months ago - Reuters

HomeStreet Enters Into Agreement to Sell $990 Million in Multi-Family Loans

SEATTLE--(BUSINESS WIRE)--HomeStreet Enters into agreement to sell $990 Million in Multi-Family Loans.

4 months ago - Business Wire

FirstSun Capital Bancorp and HomeStreet, Inc. Provide Update on Status of Strategic Merger

DENVER & SEATTLE--(BUSINESS WIRE)--FirstSun Capital Bancorp (NASDAQ: FSUN) (“FirstSun”) and HomeStreet, Inc. (NASDAQ: HMST) (“HomeStreet”) announced that, based on discussions FirstSun and its subsidi...

Other symbols: FSUN
6 months ago - Business Wire

HomeStreet Schedules Third Quarter 2024 Analyst Earnings Call for Wednesday, October 30, 2024

SEATTLE--(BUSINESS WIRE)--HomeStreet Schedules Third Quarter 2024 Analyst Earnings Call for Wednesday, October 30, 2024.

6 months ago - Business Wire

HomeStreet Reports Third Quarter 2024 Results

SEATTLE--(BUSINESS WIRE)--HomeStreet, Inc. (Nasdaq: HMST) (including its consolidated subsidiaries, the "Company", "HomeStreet" or "we"), the parent company of HomeStreet Bank, today announced the fin...

6 months ago - Business Wire

HomeStreet Reports Second Quarter 2024 Results

SEATTLE--(BUSINESS WIRE)--HomeStreet Reports Second Quarter 2024 Results.

9 months ago - Business Wire

Blue Lion Capital Encourages HomeStreet Board to Remove Management Team Change in Control Payments as Part of FSUN Merger

HomeStreet was Encouraged by FirstSun Capital Bancorp Management to Hedge Interest Rate Risk After Merger was Announced in January 2024 but Mark Mason Refused HomeStreet's Profitability and Value Decl...

10 months ago - PRNewsWire

HomeStreet Announces Approval of Merger with FirstSun

SEATTLE--(BUSINESS WIRE)--HomeStreet, Inc. (“the Company”) (Nasdaq: HMST) today announced that the preliminary vote count indicates that its shareholders approved the Agreement and Plan of Merger date...

10 months ago - Business Wire

SHAREHOLDER UPDATE: Halper Sadeh LLC Continues to Investigate HMST, SRCL

NEW YORK, NY / ACCESSWIRE / June 4, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breach...

Other symbols: SRCL
11 months ago - Accesswire

FirstSun Capital Bancorp and HomeStreet, Inc. Amend Merger Agreement

DENVER & SEATTLE--(BUSINESS WIRE)--FirstSun Capital Bancorp (OTCQX: FSUN) (“FirstSun”) and HomeStreet, Inc. (“HomeStreet”) (Nasdaq: HMST) today announced that they have mutually agreed to amend their ...

Other symbols: FSUN
1 year ago - Business Wire

HomeStreet Reports First Quarter 2024 Results

SEATTLE--(BUSINESS WIRE)--HomeStreet Reports First Quarter 2024 Results.

1 year ago - Business Wire

HomeStreet Reports Year End and Fourth Quarter 2023 Results

SEATTLE--(BUSINESS WIRE)--HomeStreet Reports Year End and Fourth Quarter 2023 Results.

1 year ago - Business Wire

HomeStreet Cancels Scheduled Fourth Quarter 2023 Analyst Earnings Call

SEATTLE--(BUSINESS WIRE)--HomeStreet Cancels Scheduled Fourth Quarter 2023 Analyst Earnings Call.

1 year ago - Business Wire