Kroll Bond Rating Agency Assigns Senior Long-Term Unsecured Debt Rating to HomeStreet, Inc.

NEW YORK--(BUSINESS WIRE)--

Kroll Bond Rating Agency (KBRA) has assigned senior unsecured debt ratings to HomeStreet, Inc. HMST and HomeStreet Bank based on KBRA's Global Bank and Bank Holding Company Rating Methodology published on January 28, 2015.

KBRA's senior unsecured debt rating of BBB- for HomeStreet, Inc. is supported by HMST's sound regulatory capital levels, improving asset quality, and strong (and improving) earnings. The ratings are primarily constrained by weak historical performance, a subpar efficiency ratio, and limited diversification in the loan portfolio.

To view the report, please use the following link: www.krollbondratings.com/show_report/4037

About Kroll Bond Rating Agency

KBRA is registered with the U.S. Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization (NRSRO). In addition, KBRA is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP).

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