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HomeStreet (HMST) IPO Opens Higher

February 10, 2012 3:00 PM EST
HMST Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)
After pricing 1.8 million shares at $44 per share, HomeStreet (Nasdaq: HMST) shares have just opened for trade at $47.

The offering was made through FBR Capital.

HomeStreet is a 90-year-old diversified financial services company headquartered in Seattle, Washington, that has grown from a small mortgage bank to a full-service community bank serving consumers and businesses in the Pacific Northwest and Hawaii.


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