Welcome to our dedicated page for Homestreet news (Ticker: HMST), a resource for investors and traders seeking the latest updates and insights on Homestreet stock.
HomeStreet Inc. news centers on the company’s historical role as the parent company of HomeStreet Bank and the corporate-status changes that followed its completed merger with Mechanics Bancorp in September 2025. Recurring updates include operating and financial results, earnings-call announcements, balance-sheet actions such as multifamily loan sales and funding reductions, strategic-alternative disclosures, and bank-level credit-rating actions involving HomeStreet and HomeStreet Bank.
HomeStreet, Inc. (Nasdaq:HMST) will hold its quarterly earnings conference call on January 26, 2021, at 1:00 p.m. EST. Mark K. Mason, Chairman, President, and CEO, along with John M. Michel, Executive VP and CFO, will discuss the fourth quarter and year-end 2020 results. A Q&A session will follow the presentation. Interested parties can register in advance or join the call by phone. Conference call details, including a rebroadcast option, will be available on the company's website after market close on January 25, 2021.
HomeStreet, Inc. (HMST) reported strong financial results for Q3 2020, posting a net income of $26.3 million, up from $18.9 million in Q2 2020. Earnings per diluted share rose to $1.15 compared to $0.81 in the previous quarter. The net interest margin increased to 3.20%, while return on average assets climbed to 1.40%. Loan originations fell by 27% but deposits increased by 3%. HomeStreet repurchased 1,018,772 shares in Q3 and declared a cash dividend of $0.15 per share, reaffirming its strong position despite pandemic challenges.
HomeStreet, Inc. (Nasdaq: HMST) has announced the reorganization of its Fannie Mae Delegated Underwriting and Servicing (DUS) business, effective September 30, 2020. This move transfers the origination, sale, and servicing of multifamily mortgages from HomeStreet Capital to HomeStreet Bank. The consolidation is expected to leverage the Bank’s capital resources, allowing for larger loan offerings and improved service to clients. HomeStreet has been active in the DUS program since 1988 and remains one of 23 authorized lenders in the U.S.
HomeStreet, Inc. (Nasdaq:HMST) will host its quarterly earnings conference call on October 27, 2020, at 1:00 p.m. EDT. Chairman and CEO Mark K. Mason and CFO John M. Michel will present Q3 2020 results and address recent developments. Following the presentation, there will be a Q&A session for shareholders and analysts.
Interested parties can register in advance or join by calling in. A rebroadcast will be available one hour post-call. Further details on the call will be accessible on the company's investor relations website after market close on October 26, 2020.
HomeStreet, Inc. (Nasdaq: HMST) has announced the appointment of David Parr as Executive Vice President and Director of Commercial Banking. In this role, Parr will oversee the Bank’s commercial lending operations across Washington, Oregon, California, and Hawaii. Mark K. Mason, the CEO, praised Parr's leadership and achievements, highlighting his 15 years of consecutive President’s Club recognition. Parr is an alumnus of Western Washington University and serves on multiple boards, showcasing his commitment to community and banking education.