HomeStreet, Inc. (HMST)
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]
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 StatementsAnalyst 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.
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...

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...

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...

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.

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...

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.

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...

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

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.

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...

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...

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...

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.

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.

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...

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.

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...

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

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...

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...

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...

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 ...

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

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

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