HomeStreet, Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, will conduct its quarterly analyst earnings conference call on Tuesday, January 28, 2025 at 1:00 p.m. ET. Mark K. Mason, Chairman, President and CEO, and John M. Michel, Executive Vice President and CFO, will discuss fourth quarter 2024 results and provide an update on recent events. A question and answer session for analysts will follow the presentation. Shareholders, analysts and other interested parties may register for the call at https://www.netroadshow.com/events/login?show=0dc16a05&confId=76173 or join the call by dialing directly at 1-833-470-1428 shortly before 1:00 p.m. ET using Access Code 651499. A rebroadc

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 retained basis, of $990 million of multifamily commercial real estate loans, at a price, including the value of the retained servicing, of approximately 92% of the principal balance of the loans. Substantially all of the proceeds from the sale were used to pay down Federal Home Loan Bank borrowings. About HomeStreet, Inc. HomeStreet, Inc. (NASDAQ:HMST) is a diversified financial services company headquartered in Seattle, Washington, serving consumers and businesses in the Western United States and Hawaii. The Company is p

HomeStreet, Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank (the "Bank"), today announced that the Bank entered into an agreement to sell to Bank of America, on a servicing retained basis, $990 million of multifamily commercial real estate loans, at a price, including the value of the retained servicing, of 92% of the principal balance of the loans. This loan sale is expected to close before December 31, 2024. "Entering into this agreement and completing the sale of $990 million of multifamily loans is the first step in implementing a new strategic plan which we expect to result in a return to profitability for the Bank and on a consolidated basis early next year," said Mark Mas

FirstSun Capital Bancorp (NASDAQ:FSUN) ("FirstSun") and HomeStreet, Inc. (NASDAQ:HMST) ("HomeStreet") announced that, based on discussions FirstSun and its subsidiary, Sunflower Bank, N.A. ("Sunflower") have had with the Federal Reserve and the Texas Department of Banking, that regulatory approvals necessary for the mergers with HomeStreet and its subsidiary, HomeStreet Bank to proceed have not been obtained and FirstSun and Sunflower have been asked to withdraw their merger applications. FirstSun and HomeStreet are discussing the pursuit of an alternative regulatory structure for the merger. The parties are also discussing terms on which they would terminate the merger agreement if no alte

HomeStreet, Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, will conduct an analyst earnings conference call on Wednesday, October 30, 2024 at 1:00 p.m. ET. Mark K. Mason, Chairman, President and CEO, and John M. Michel, Executive Vice President and CFO, will discuss third quarter 2024 results and provide an update on recent events. A question and answer session for analysts will follow the presentation. Shareholders, analysts and other interested parties may register in advance at the following URL https://events.q4inc.com/attendee/556622279 or may join the call by dialing directly at 1-646-307-1963 or 1-800-715-9871 shortly before 1:00 p.m. ET using Access Code 7202613. A rebr

HomeStreet, Inc. (NASDAQ:HMST) (including its consolidated subsidiaries, the "Company", "HomeStreet" or "we"), the parent company of HomeStreet Bank, today announced the financial results for the quarter ended September 30, 2024. As we present non-GAAP measures in this release, the reader should refer to the non-GAAP reconciliations set forth below under the section "Non-GAAP Financial Measures."   Operating Results   Third quarter 2024 compared to second quarter 2024 Reported Results: Net loss: $7.3 million compared to $6.2 million Net loss per fully diluted share: $0.39 compared to $0.33 Net interest margin: 1.33% compared to 1.37% Core Results (1): Net loss: $6.

Continuing Strong Asset Quality With Improved Metrics HomeStreet, Inc. (NASDAQ:HMST) (including its consolidated subsidiaries, the "Company", "HomeStreet" or "we"), the parent company of HomeStreet Bank, today announced the financial results for the quarter ended June 30, 2024. As we present non-GAAP measures in this release, the reader should refer to the non-GAAP reconciliations set forth below under the section "Non-GAAP Financial Measures."   Operating Results   Second quarter 2024 compared to first quarter 2024 Reported Results: Net loss: $6.2 million compared to $7.5 million Loss per fully diluted share: $0.33 compared to $0.40 Net interest margin:

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 Declined as Interest Rates Increased On April 30th, FirstSun Amended and Lowered the Merger Consideration to HomeStreet Shareholders by $30.5 Million to Reflect HomeStreet's Lower Profitability and Value If Shareholders Receive $30.5 Million Less, Why Should HomeStreet Executives Receive $19.6 Million More Via Change in Control Payments? Last Week, HomeStreet Shareholders Voted Against HomeStreet Management Receiving the Payments Blue Lion Capital Encourages HomeStreet's Board to Do the Right Thing

HomeStreet, Inc. ("the Company") (NASDAQ:HMST) today announced that the preliminary vote count indicates that its shareholders approved the Agreement and Plan of Merger dated as of January 16, 2024, by and between FirstSun Capital Bancorp, the Company and Dynamis Subsidiary, Inc., as amended on April 30, 2024. Final voting results of the shareholder meeting held on June 18, 2024 will be filed with the Company's Form 8-K on Thursday June 20, 2024. "The strong vote in favor of our merger with FirstSun reflects the attractiveness of the combination for the Company," said Mark Mason, Chairman of the Board, President, and Chief Executive Officer. "We are excited to accomplish this milestone in

FirstSun Capital Bancorp (OTCQX:FSUN) ("FirstSun") and HomeStreet, Inc. ("HomeStreet") (NASDAQ:HMST) today announced that they have mutually agreed to amend their definitive merger agreement that was entered into on January 16, 2024. The amendment provides for, among other things: an increase in FirstSun's total equity capital raised in connection with the merger of an additional $45 million to $60 million, resulting in an increase from an aggregate capital raise of $175 million to up to $235 million (as further discussed below); a revised exchange ratio pursuant to which HomeStreet shareholders will receive 0.3867 shares (revised from 0.4345 shares under the original merger agreeme

HomeStreet, Inc. ("the Company") (NASDAQ:HMST) today announced that its shareholders re-elected the entire slate of directors recommended by the Company's Board of Directors ("the Board") at its 2022 annual shareholders' meeting, effective at the adjournment of the meeting. The Company also announced the retirement of Donald Voss as a director and Lead Independent Director. The Board also appointed Mark Mason to continue his service as Chairman of the Board and Chief Executive Officer and Mark Patterson to succeed Mr. Voss as Lead Independent Director. "We are grateful and deeply appreciative of Don Voss's financial institution experience and steady hand in his service as a board member. D

HomeStreet, Inc. (NASDAQ:HMST) or ("HomeStreet"), the parent company of HomeStreet Bank (the "Bank" and together with HomeStreet, the "Company"), today announced it has appointed Joanne Harrell to the Boards of Directors for both HomeStreet and HomeStreet Bank. Ms. Harrell brings extensive experience in executive roles within the high-tech, telecommunications and non-profit sectors. She has a record of creating public-private partnerships that lead to innovative solutions to pressing civic and societal issues. Most recently, Ms. Harrell worked for Microsoft Corporation for 20 years where she led teams in the sales, marketing and services disciplines focused on enterprise, public sector and

Wedbush upgraded HomeStreet from Neutral to Outperform and set a new price target of $12.00

Janney upgraded HomeStreet from Neutral to Buy and set a new price target of $13.50

Wedbush downgraded HomeStreet from Outperform to Neutral and set a new price target of $12.00 from $21.00 previously

Piper Sandler upgraded HomeStreet from Underweight to Neutral and set a new price target of $28.00 from $24.00 previously

Keefe Bruyette downgraded HomeStreet from Outperform to Mkt Perform and set a new price target of $29.00 from $38.00 previously

B. Riley Securities downgraded HomeStreet from Buy to Neutral and set a new price target of $43.00 from $55.00 previously

Piper Sandler downgraded HomeStreet from Neutral to Underweight and set a new price target of $40.00 from $52.00 previously

Wedbush upgraded HomeStreet from Neutral to Outperform and set a new price target of $63.00 from $49.00 previously

DA Davidson resumed coverage of HomeStreet with a rating of Neutral and set a new price target of $49.00 from $43.00 previously

DA Davidson downgraded HomeStreet from Buy to Neutral and set a new price target of $49.00 from $43.00 previously

8-K - HomeStreet, Inc. (0001518715) (Filer)

8-K - HomeStreet, Inc. (0001518715) (Filer)

SCHEDULE 13G/A - HomeStreet, Inc. (0001518715) (Subject)

8-K - HomeStreet, Inc. (0001518715) (Filer)

8-K - HomeStreet, Inc. (0001518715) (Filer)

10-Q - HomeStreet, Inc. (0001518715) (Filer)

8-K - HomeStreet, Inc. (0001518715) (Filer)

8-K - HomeStreet, Inc. (0001518715) (Filer)

8-K - HomeStreet, Inc. (0001518715) (Filer)

8-K - HomeStreet, Inc. (0001518715) (Filer)