HomeStreet (HMST) Misses Q2 EPS by 7c

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HomeStreet, Inc. Reports Second Quarter 2015 Results

July 24, 2015 5:00 PM EDT

Net Income of $12.4 Million, or $0.56 per Diluted Share

SEATTLE--(BUSINESS WIRE)-- HomeStreet, Inc. (NASDAQ: HMST) (the Company or HomeStreet), the parent company of HomeStreet Bank, today announced net income of $12.4 million, or $0.56 per diluted share, for the second quarter of 2015, compared to net income of $10.3 million, or $0.59 per diluted share, for the first quarter of 2015 and $9.4 million, or $0.63 per diluted share, for the second quarter of 2014. Core net income (a non-GAAP financial measure that adjusts net income to exclude merger-related expenses incurred in all quarters and a bargain purchase gain... More