HomeStreet (HMST) Reports Q1 EPS of $0.67

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Go back to HomeStreet (HMST) Reports Q1 EPS of $0.67

HomeStreet, Inc. Reports First Quarter 2015 Results

April 27, 2015 9:10 PM EDT

Net Income of $10.3 Million, or $0.59 per Diluted Share

SEATTLE--(BUSINESS WIRE)-- HomeStreet, Inc. (NASDAQ: HMST) (the Company or HomeStreet), the parent company of HomeStreet Bank (the Bank), today announced net income of $10.3 million, or $0.59 per diluted share, for the first quarter of 2015, compared to net income of $5.6 million, or $0.38 per share, for the fourth quarter of 2014 and $2.3 million, or $0.15 per share, for the first quarter of 2014. Excluding merger-related expenses (net of tax) of $7.9 million and a bargain purchase gain of $6.6 million, net income for the quarter was $11.6 million(1), or $0.67(1) per share, compared... More