Market Overview

HomeStreet: Q3 Earnings Insights

Share:

Shares of HomeStreet (NASDAQ:HMST) were unchanged after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 136.54% over the past year to $1.23, which beat the estimate of $0.83.

Revenue of $91,839,000 rose by 28.06% year over year, which beat the estimate of $86,800,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

HomeStreet hasn't issued any revenue guidance for the time being.

Recent Stock Performance

52-week high: $34.49

Company's 52-week low was at $18.44

Price action over last quarter: Up 19.91%

Company Description

HomeStreet Inc is a commercial bank. It provides commercial and consumer loans including mortgage loans, deposit products, private banking, and cash management services. The company loan products include commercial business loans and agriculture loans, consumer loans, single family residential mortgages, loans secured by commercial real estate and construction loans for residential and commercial real estate projects.

 

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Posted-In: Earnings