HMST - Earnings announcements

Combination will create the premier, publicly-traded West Coast bank Mechanics Bank and HomeStreet, Inc. (NASDAQ:HMST) ("HomeStreet"), the holding company of HomeStreet Bank, jointly announced today that they have entered into a definitive merger agreement (the "Merger Agreement") providing for an all-stock business combination between HomeStreet and Mechanics Bank. Under the terms of the Merger Agreement, which was unanimously approved by the boards of directors of both companies, HomeStreet Bank will be merged with and into Mechanics Bank (the "Merger"), with Mechanics Bank surviving as a banking corporation incorporated under the laws of the State of California and as a wholly owned sub

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 and year ended December 31, 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." "After termination of the merger in the fourth quarter, we implemented a new strategic plan which included selling $990 million of multifamily loans in the fourth quarter," said Mark Mason, Chairman of the Board, President, and Chief Executive Officer. "This loan sale repositioned o

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, 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 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

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. ("HomeStreet") (NASDAQ:HMST), the parent company of HomeStreet Bank, previously announced that an analyst earnings call was scheduled to occur on Tuesday January 30, 2024. In light of the announcement on January 16, 2024, that HomeStreet entered into a definitive merger agreement with FirstSun Capital Bancorp (OTCQX:FSUN), HomeStreet has decided that the analyst earnings call will not be held. The earnings release and investor deck are still scheduled to be available on the company's web site after market close on Monday, January 29, 2024. About HomeStreet, Inc. HomeStreet, Inc. (NASDAQ:HMST) is a diversified financial services company headquartered in Seattle, Washin

Combination will create a premier bank operating in the nation's best markets in the Southwest and West Coast Combined assets of approximately $17 billion Dallas, Texas headquartered bank with an extensive footprint in 6 of the top 10 fastest growing MSAs in the United States Top-tier performance metrics on a pro forma combined basis: ~1.4% ROA and ~17% ROATCE 30%+ accretion to FSUN's 2025 estimated EPS $175 million equity raise, led by Wellington Management, is fully committed Pro forma balance sheet well-positioned with a high-quality combined deposit franchise and neutral interest rate risk profile Highly experienced combined executive management team with proven exp

HomeStreet, Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, will conduct its quarterly analyst earnings conference call on Tuesday, January 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 fourth quarter 2023 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://www.netroadshow.com/events/login?show=a2f3ddca&confId=58801 (or internationally at the following URL https://www.netroadshow.com/conferencing/global-numbers?confId=5

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, 2023. 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 2023 compared to second quarter 2023 Reported Results: Net income (loss): $2.3 million compared to $(31.4) million Earnings (loss) per fully diluted share: $0.12 compared to $(1.67) Return on Average Equity ("ROAE"): 1.7% compar

HomeStreet, Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, will conduct its quarterly analyst earnings conference call on Tuesday, October 31, 2023 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 2023 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://www.netroadshow.com/events/login?show=b1fe096b&confId=55387 (or internationally at the following URL https://www.netroadshow.com/conferencing/global-numbers?confId=55

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, 2023. 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." "In the second quarter, we recognized a net loss of $31.4 million. These results were significantly impacted by an after-tax goodwill impairment charge of $34.6 million. Excluding the goodwill impairment charge our core net income for the second quarter was $3.2 million," said Mark K. Mason, HomeStree

HomeStreet, Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, will conduct its quarterly analyst earnings conference call on Monday, July 31, 2023 at 1:00 p.m. ET. Mark K. Mason, Chairman, President and CEO, and John M. Michel, Executive Vice President and CFO, will discuss second quarter 2023 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://www.netroadshow.com/events/login?show=c8c5dd6b&confId=52554 or may join the call by dialing directly at 1-833-470-1428 (1-929-526-1599 internationally) shortly before 1:

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 March 31, 2023. 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." "Our financial results continue to be adversely impacted by the now historically record velocity and magnitude of increases in short-term interest rates," said Mark K. Mason, HomeStreet's Chairman of the Board, President, and Chief Executive Officer. In light of these challenges, we have enhanced our

HomeStreet, Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, will conduct its quarterly earnings conference call on Tuesday, April 25, 2023 at 1:00 p.m. ET. Mark K. Mason, Chairman, President and CEO, and John M. Michel, Executive Vice President and CFO, will discuss first quarter 2023 results and provide an update on recent events. A question and answer session will follow the presentation. Shareholders, analysts and other interested parties may register in advance at the following URL https://www.netroadshow.com/events/login?show=60a43c9b&confId=48854 or may join the call by dialing directly at 1-833-470-1428 (1-929-526-1599 internationally) shortly before 1:00 p.m. ET using Acc

HomeStreet, Inc. (NASDAQ:HMST): Fourth Quarter 2022   Fully diluted EPS $0.45     ROAE: 6.0% ROATE 6.4%   ROAA: 0.36% Full Year 2022   Fully diluted EPS $3.49     ROAE: 10.8% ROATE: 11.5%   ROAA: 0.79% 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 and year ended December 31, 2022. 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." "Our financial results have been adve

HomeStreet, Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, will conduct its quarterly earnings conference call on Monday, January 30, 2023 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 2022 results and provide an update on recent events. A question and answer session will follow the presentation. Shareholders, analysts and other interested parties may register in advance at the following URL https://www.netroadshow.com/events/login?show=a04fed9a&confId=45496 or may join the call by dialing directly at 1-844-200-6205 (1-929-526-1599 internationally) shortly before 1:00 p.m. ET using A

HomeStreet, Inc. (NASDAQ:HMST):   Fully diluted EPS $1.08     ROAE: 13.4% ROATE: 14.2%   ROAA: 0.91% 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, 2022. 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." "During the third quarter, we grew our loan portfolio by 7% and, excluding the impact of our sale of branches in eastern Washington, increased total deposits by 10%." said

HomeStreet, Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, will conduct its quarterly earnings conference call on Tuesday, October 25, 2022 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 2022 results and provide an update on recent events. A question and answer session will follow the presentation. Shareholders, analysts and other interested parties may register in advance at the following URL:https://www.netroadshow.com/events/login?show=c17ab50e&confId=41907 or may join the call by dialing directly at 1-833-927-1758 (1-929-526-1599 internationally) shortly before 1:00 p.m. ET using A

HomeStreet, Inc. (NASDAQ:HMST):   Fully diluted EPS $0.94     ROAE: 11.8% ROATE: 12.6%   ROAA: 0.89% HomeStreet, Inc. (NASDAQ:HMST) (including its consolidated subsidiaries, the "Company" or "HomeStreet"), the parent company of HomeStreet Bank, today announced the financial results for the quarter ended June 30, 2022. 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." "In the second quarter we grew our loan portfolio by 15% with growth in all loan types," said Mark K. Mason, HomeStreet's Chairman of the Board, President, and Chief Executive Offic

HomeStreet, Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, will conduct its quarterly earnings conference call on Tuesday, July 26, 2022 at 1:00 p.m. ET. Mark K. Mason, Chairman, President and CEO, and John M. Michel, Executive Vice President and CFO, will discuss second quarter 2022 results and provide an update on recent events. A question and answer session will follow the presentation. Shareholders, analysts and other interested parties may register in advance at the following URL: https://ige.netroadshow.com/registration/q4inc/11273/homestreet-bank-q2-2022-earnings-release/ or may join the call by dialing directly at 1-844-200-6205 (1-929-526-1599 internationally) shortly b

HomeStreet, Inc. (NASDAQ:HMST):   Fully diluted EPS $1.01     ROAE: 11.6% ROATE: 12.2%   ROAA: 1.10% HomeStreet, Inc. (NASDAQ:HMST) (including its consolidated subsidiaries, the "Company" or "HomeStreet"), the parent company of HomeStreet Bank, today announced the financial results for the quarter ended March 31, 2022. 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." "During the first quarter of 2022, our focus on growth resulted in a $331 million increase in our loans held for investment which supports future growth in our net interest income," sa

HomeStreet, Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, will conduct its quarterly earnings conference call on Tuesday, April 26, 2022 at 1:00 p.m. ET. Mark K. Mason, Chairman, President and CEO, and John M. Michel, Executive Vice President and CFO, will discuss first quarter 2022 results and provide an update on recent events. A question and answer session will follow the presentation. Shareholders, analysts and other interested parties may register in advance at the following URL: https://www.incommglobalevents.com/registration/q4inc/10496/homestreet-q1-2022-earnings-call/ or may join the call by dialing directly at 1-844-200-6205 (1-929-526-1599 internationally) shortly be

HomeStreet, Inc. (NASDAQ:HMST): Fourth Quarter 2021   Fully diluted EPS $1.43     ROAE: 16.1% ROATE: 17.0%   ROAA: 1.59% Full Year 2021   Fully diluted EPS $5.46     ROAE: 15.9% ROATE: 16.8%   ROAA: 1.58% HomeStreet, Inc. (NASDAQ:HMST) (including its consolidated subsidiaries, the "Company" or "HomeStreet"), the parent company of HomeStreet Bank, today announced the financial results for the quarter and year ended December 31, 2021. 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." "In 2021, which was our 100th anniversar

HomeStreet, Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, will conduct its quarterly earnings conference call on Tuesday, January 25, 2022 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 2021 results and provide an update on recent events. A question and answer session will follow the presentation. Shareholders, analysts and other interested parties may register in advance at http://dpregister.com/sreg/10162678/f0537aee8a or may join the call by dialing 1-877-508-9589 (1-855-669-9657 in Canada and 1-412-317-1075 internationally) shortly before 1:00 p.m. ET. A rebroadcast will be avai

  HomeStreet, Inc. (NASDAQ:HMST): Fully diluted EPS $1.31     ROE: 14.8% ROTCE: 15.6%   ROAA: 1.48% HomeStreet, Inc. (NASDAQ:HMST) (including its consolidated subsidiaries, the "Company" or "HomeStreet"), the parent company of HomeStreet Bank, today announced the financial results for the quarter ended September 30, 2021. 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." "Our results for the third quarter reflect our diversified business model, the benefits of our conservative credit culture and our continuing focus on operating efficiency," stated M

HomeStreet, Inc. (NASDAQ:HMST), the parent company of HomeStreet Bank, will conduct its quarterly earnings conference call on Tuesday, October 26, 2021 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 2021 results and provide an update on recent events. A question and answer session will follow the presentation. Shareholders, analysts and other interested parties may register in advance at http://dpregister.com/sreg/10160178/ed40d1ac7a or may join the call by dialing 1-877-508-9589 (1-855-669-9657 in Canada and 1-412-317-1075 internationally) shortly before 1:00 p.m. ET. A rebroadcast will be avail

HomeStreet, Inc. (NASDAQ:HMST):   Fully diluted EPS $1.37     ROE: 16.3% ROTCE: 17.2%   ROAA: 1.59% HomeStreet, Inc. (NASDAQ:HMST) (including its consolidated subsidiaries, the "Company" or "HomeStreet"), the parent company of HomeStreet Bank, today announced the financial results for the quarter ended June 30, 2021. 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." "Our second quarter results continued our outstanding start to 2021," stated Mark Mason, HomeStreet's Chairman, Chief Executive Officer and President. "Each of our lines of business c