FBR Capital Cuts Price Target on HomeStreet (HMST) Following 3Q Miss
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HomeStreet, Inc. Reports Third Quarter 2015 Results
October 26, 2015 4:41 PM EDTNet Income of $10.0 Million, or $0.45 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 $10.0 million, or $0.45 per diluted share, for the third quarter of 2015, compared to net income of $12.4 million, or $0.56 per diluted share, for the second quarter of 2015 and $5.0 million, or $0.33 per diluted share, for the third quarter of 2014. Core net income (a non-GAAP financial measure that adjusts net income to exclude merger-related items) for the quarter was $9.4 million, or $0.42 per diluted share,... More
