Detail akcie HomeStreet online

Business Summary: HomeStreet, Inc. is a diversified financial services company. The Company is principally engaged in commercial banking, mortgage banking and consumer/retail banking activities serving customers primarily in the Western United States. It operates through its subsidiaries, which include HomeStreet Bank (the Bank), HomeStreet Statutory Trusts and HomeStreet Capital Corporation. The Bank provides commercial banking products and services to small and medium sized businesses, real estate investors and professional firms and consumer banking products and services to individuals. The Bank offers consumer and commercial banking, mortgage lending and loans for residential construction, commercial real estate financing, and insurance products and services on the West Coast and Hawaii. The Company’s commercial loan portfolio is comprised of the non-owner occupied commercial real estate (CRE), multifamily, construction and land development, owner occupied CRE and commercial business loan classes.
Financial Summary: BRIEF: For the three months ended 31 March 2024, HomeStreet Inc interest income increased 6% to $102.5M. Net interest income after loan loss provision decreased 34% to $32.2M. Net loss totaled $7.5M vs. income of $5.1M. Net interest income after loan loss provision reflects Investment securities decrease of 16% to $10.7M. Net loss reflects Deposits increase of 45% to $42.6M (expense), Borrowings increase of 52% to $27.8M (expense).