Articles from HomeStreet, Inc.

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.”

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.

HomeStreet, Inc. (Nasdaq:HMST), the parent company of HomeStreet Bank (the "Bank"), announced the closings of the previously announced sale by the Bank, on a servicing retained basis, of $990 million of multifamily commercial real estate loans, at a price, including the value of the retained servicing, of approximately 92% of the principal balance of the loans. Substantially all of the proceeds from the sale were used to pay down Federal Home Loan Bank borrowings.

HomeStreet, Inc. (Nasdaq:HMST), the parent company of HomeStreet Bank (the “Bank”), today announced that the Bank entered into an agreement to sell to Bank of America, on a servicing retained basis, $990 million of multifamily commercial real estate loans, at a price, including the value of the retained servicing, of 92% of the principal balance of the loans. This loan sale is expected to close before December 31, 2024.

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.

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, 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.”

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, 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.”

HomeStreet, Inc. (“the Company”) (Nasdaq: HMST) today announced that the preliminary vote count indicates that its shareholders approved the Agreement and Plan of Merger dated as of January 16, 2024, by and between FirstSun Capital Bancorp, the Company and Dynamis Subsidiary, Inc., as amended on April 30, 2024. Final voting results of the shareholder meeting held on June 18, 2024 will be filed with the Company’s Form 8-K on Thursday June 20, 2024.

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, 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.”

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, 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.”

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.

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=58801) or may join the call by dialing directly at 1-833-470-1428 shortly before 1:00 p.m. ET using Access Code 350327.

HomeStreet, Inc. (Nasdaq: HMST) (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank” and together with HomeStreet, the “Company”), announced that the Company's Board of Directors approved a $0.10 per share quarterly dividend. The dividend is payable on November 22, 2023 to shareholders of record at the close of business on November 8, 2023.

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.”

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=55387) or may join the call by dialing directly at 1-833-470-1428 shortly before 1:00 p.m. ET using Access Code 145364.

HomeStreet, Inc. (Nasdaq: HMST) (including its consolidated subsidiaries, the "Company", "HomeStreet" or "we"), the parent company of HomeStreet Bank, today responded to Blue Lion Capital Letters to Shareholders, set forth in the letter below.

HomeStreet, Inc. (Nasdaq: HMST) (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank” and together with HomeStreet, the “Company”), announced that the Company's Board of Directors approved a $0.10 per share quarterly dividend. The dividend is payable on August 23, 2023 to shareholders of record at the close of business on August 9, 2023.

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.”

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 1:00 p.m. ET using Access Code 025371.

HomeStreet, Inc. (Nasdaq: HMST) (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank” and together with HomeStreet, the “Company”), announced that the Company's Board of Directors approved a $0.10 per share quarterly dividend. The dividend is payable on May 24, 2023 to shareholders of record at the close of business on May 10, 2023.

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.”

On March 29, 2023, STRATMOR Group released the results of their 2022 annual MortgageCX Borrower Satisfaction Program and HomeStreet Bank ranked #1 in the depository segment in the following categories:

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 Access Code 871770.

HomeStreet, Inc. (Nasdaq: HMST) (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank” and together with HomeStreet, the “Company”), announced the completion of the purchase of three former MUFG Union Bank, N.A. branches in Southern California.

HomeStreet, Inc. (Nasdaq: HMST) (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank” and together with HomeStreet, the “Company”), announced that the Board of Directors approved a $0.35 per share quarterly dividend. The dividend is payable on February 22, 2023 to shareholders of record at the close of business on February 8, 2023.

HomeStreet, Inc. (Nasdaq: HMST):

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 Access Code 416415.

HomeStreet, Inc. (Nasdaq: HMST) (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank” and together with HomeStreet, the “Company”), announced that the Board of Directors approved a $0.35 per share quarterly dividend. The dividend is payable on November 22, 2022 to shareholders of record at the close of business on November 8, 2022.

HomeStreet, Inc. (Nasdaq: HMST):

U.S. Bancorp and MUFG Union Bank N.A. (“MUFG Union Bank”) announced that they have entered into a definitive agreement to sell three legacy MUFG Union Bank branches in San Bernardino County, California to HomeStreet Bank (“HomeStreet”). The divestiture of these branches, as directed by the Department of Justice, is related to U.S. Bancorp’s previously announced acquisition of MUFG Union Bank’s core regional banking franchise.

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 Access Code 247077.

In the fifth and final unlimited hydroplane race of the season, Miss HomeStreet and championship driver, Jimmy Shane, won the Bill Muncey Cup on Sunday, September 18, 2022, in San Diego, California. Over the weekend, Shane set a new course qualifying record, driving Miss HomeStreet to an average speed of 165.636 mph. This is the fastest mark on Mission Bay since 2011, beating the previous average speed of 164.759 mph Dave Villwock. Shane entered the Bayfair event as the winner of the 2022 H1 Unlimited Indiana Governor’s Cup, held in early July in Madison, Indiana. Shane also took the Columbia Cup Championship, held in Tri-Cities, Washington. The Miss HomeStreet team also won the distinction of the 2022 National High Point Champions for the sport.

On August 15, 2022, Bank Director released their annual RankingBanking report and HomeStreet Bank ranked #8 in the list of top 25 banks across the nation. The West Coast regional bank was also ranked #6 out of 148 in the $5 Billion up to $50 Billion asset category as measured using data based on the calendar year 2021 results. Every year, Bank Director ranks the 300 largest publicly traded banks. Formerly dubbed the Bank Performance Scorecard, the RankingBanking study identifies the top 25 banks overall and ranks institutions by asset group, based on metrics that examine profitability, asset quality, capital adequacy, and total shareholder return.

HomeStreet, Inc. (Nasdaq: HMST) (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank” and together with HomeStreet, the “Company”), today announced that on July 29, 2022 we closed the sale of five retail deposit branches in eastern Washington, including the branches' lending businesses and employees, for an estimated gain of $4 million. The balance of deposits, loans and other assets sold were $185 million, $42 million and $2 million, respectively.

In the third unlimited hydroplane race of the season, Miss HomeStreet and championship driver, Jimmy Shane, won the HAPO Columbia Cup today in Tri-Cities, Washington. Over the weekend, Shane had a perfect run, winning all four of the preliminary heats on the 2.5-mile river course. Shane also set a new course qualifying record, driving Miss HomeStreet to an average speed of 164.039 mph. This is the fastest mark on the river since 2010, beating the previous average speed of 163.579 mph set by Dave Villwock. Shane entered the Tri-Cities event as the winner of the 2022 H1 Unlimited Racing Series, held in early July in Madison, Indiana. The Miss HomeStreet team continues to lead the sport in the National High Point standings.

HomeStreet, Inc. (Nasdaq: HMST) (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank” and together with HomeStreet, the “Company”), today announced that the Board of Directors approved a $0.35 per share quarterly dividend. The dividend is payable on August 23, 2022 to shareholders of record at the close of business on August 9, 2022.

HomeStreet, Inc. (Nasdaq:HMST):

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 before 1:00 p.m. ET using Access Code 320273.

HomeStreet, Inc. (“the Company”) (Nasdaq:HMST) today announced that its shareholders re-elected the entire slate of directors recommended by the Company’s Board of Directors (“the Board”) at its 2022 annual shareholders’ meeting, effective at the adjournment of the meeting. The Company also announced the retirement of Donald Voss as a director and Lead Independent Director. The Board also appointed Mark Mason to continue his service as Chairman of the Board and Chief Executive Officer and Mark Patterson to succeed Mr. Voss as Lead Independent Director.

Bank of Idaho Holding Co. (OTCQX: BOID) (“BOID”), the holding company for Bank of Idaho, together with HomeStreet, Inc. (Nasdaq: HMST) (“HomeStreet”), the parent company of HomeStreet Bank, today announced that HomeStreet Bank and Bank of Idaho have executed a definitive agreement under which Bank of Idaho will acquire from HomeStreet Bank an Eastern Washington branch network, including the branches’ lending business and employees.

HomeStreet, Inc. (Nasdaq: HMST) or (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank” and together with HomeStreet, the “Company”), today announced that the Board of Directors approved a $0.35 per share quarterly dividend. The dividend is payable on May 24, 2022 to shareholders of record at the close of business on May 10, 2022.

HomeStreet, Inc. (Nasdaq:HMST):

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 before 1:00 p.m. ET using Access Code 121471.

HomeStreet, Inc. (Nasdaq: HMST) or (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank” and together with HomeStreet, the “Company”), today announced that the Board of Directors has approved an expansion of our share repurchase program, subject to the approval or nonobjection of its regulators, and a $0.35 per share quarterly dividend, which represents a 40% increase from the dividend paid in the prior quarter.

HomeStreet, Inc. (Nasdaq: HMST) or (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank” and together with HomeStreet, the “Company”), today announced it has appointed Joanne Harrell to the Boards of Directors for both HomeStreet and HomeStreet Bank.

HomeStreet, Inc. (Nasdaq:HMST):

HomeStreet, Inc. (Nasdaq: HMST) (the “Company” or “HomeStreet”), the parent company of HomeStreet Bank, today announced the pricing of its public offering of $100 million aggregate principal amount of its 3.50% Fixed-to-Floating Rate Subordinated Notes due 2032 (the “Notes”). The price to the public for the Notes is 100% of the principal amount of the Notes. The Notes will mature on January 30, 2032. Interest on the Notes initially will accrue at a rate equal to 3.50% per annum from and including January 19, 2022, to, but excluding, January 30, 2027, payable semiannually in arrears. From and including January 30, 2027, to, but excluding, January 30, 2032, or the earlier redemption date, interest will accrue at a floating rate per annum equal to a benchmark rate, which is expected to be Three-Month Term Secured Overnight Financing Rate, or Term SOFR (as defined in the Notes), plus a spread of 215 basis points, payable quarterly in arrears.

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.

The commercial banking division of HomeStreet Bank is expanding their commercial services into Honolulu, Hawaii. This latest move by HomeStreet aims to provide island business owners, big and small, with a community banking partner alternative.

Today, HomeStreet Bank announces their investment into public safety with a major grant to the Seattle Police Foundation. In support of Seattle area police officers, HomeStreet Bank will match up to $150,000 in donations to the Seattle Police Foundation. The funds will be used to support officer wellness and morale programs in the months to come.

The mortgage division of HomeStreet Bank successfully completed their first, fully digital closing on October 13, becoming one of the first banks in the country to do so. Using the digital signing solution and Remote Online Notarization (RON) capabilities from Snapdocs, HomeStreet provides customers a highly efficient and convenient path to home ownership.

HomeStreet, Inc. (Nasdaq: HMST) or (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank” and together with HomeStreet, the “Company”), today announced that the Board of Directors has approved an expansion of our share repurchase program, subject to the approval or nonobjection of its regulators, and a $0.25 per share quarterly dividend.

HomeStreet, Inc. (Nasdaq:HMST):

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.

In the fourth and last unlimited hydroplane race of the season, the Miss HomeStreet boat – driven by championship driver, Jimmy Shane – has placed second at the Bill Muncey Cup Championship as part of this year’s San Diego Bayfair event.

HomeStreet, Inc. (Nasdaq:HMST), the parent company of HomeStreet Bank, reaches its 100 year anniversary today, August 18, joining a select club only a small percentage of companies can claim membership in. To honor this momentous occasion President, CEO and Chairman, Mark Mason, rang the Nasdaq opening bell on Monday, August 9.

HomeStreet, Inc. (Nasdaq: HMST) or (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank” and together with HomeStreet, the “Company”), today announced that the Board of Directors has approved an expansion of our share repurchase program and a $0.25 per share quarterly dividend.

HomeStreet, Inc. (Nasdaq:HMST):

In the third unlimited hydroplane race of the season, the Miss HomeStreet boat, driven by championship driver Jimmy Shane, has come in third at the HAPO Columbia Cup as part of this year's Tri-City Water Follies.

HomeStreet, Inc. (Nasdaq:HMST), the parent company of HomeStreet Bank, will reach its 100 year anniversary on August 18, 2021. The State of Washington has issued the Century Corporation certificate acknowledging the incorporation on the same date back in 1921.

HomeStreet, Inc. (Nasdaq:HMST), the parent company of HomeStreet Bank, will conduct its quarterly earnings conference call on Tuesday, July 27, 2021 at 1:00 p.m. EDT. Mark K. Mason, Chairman, President and CEO, and John M. Michel, Executive Vice President and CFO, will discuss second 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/10157456 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.

HomeStreet, Inc. (Nasdaq: HMST) or (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank” and together with HomeStreet, the “Company”), today announced that the Board of Directors has approved an expansion of our share repurchase program and a $0.25 per share quarterly dividend.

HomeStreet, Inc. (Nasdaq:HMST):